ABSTRACT

The earlier chapters suggest that the search for entrepreneurship has been based on the two assumptions that entrepreneurship exists as a specifi c, discrete, identifi able phenomenon which somehow produces more and/ or better entrepreneurs and that this phenomenon is deterministic in that it operates in a consistent way in accordance with ‘rules’ from which its behaviour can then be predicted. However, those earlier chapters also suggest that so far the search for entrepreneurship has revealed neither a clear, discrete phenomenon nor a practical deterministic model which could guide policy. This indicates that both assumptions may be wrong which in turn would lead to the conclusion that entrepreneurship, as we have conceived it, does not exist.