ABSTRACT
Working in accord with the agenda, the analysis begins by summarizing Schumpeter’s vision of entrepreneurship with reference to the intellectual milieu from which his thinking arose. Writing in the early 20th century, Joseph Schumpeter provides a classic treatment regarding the entrepreneur and entrepreneurship. Geert Hofstede developed a method of cross-cultural analysis and comparison that depends upon considering a variety of “dimensions” or variables. William H. Whyte, in turn, was an urban ethnographer who explored transformations in American life and the impact of such changes upon organizations, cultures, and the tendency toward entrepreneurship. An important consideration involves discerning if particular cultures or nations possess characteristics that are consistent with the classic vision of entrepreneurship. The classic view of entrepreneurship provides an elegant and easily understood vision of how certain creative people are motivated to go against the tendencies of the crowd and forge new and novel solutions to the world’s problems.
