“The Promise of Entrepreneurship As a Field of Research”: A Few Comments and Some Suggested Extensions

Abstract

The author comments on the article “The Promise of Entrepreneurship As a Field of Research” and makes suggestions on possible extensions. The author states that the article should not describe entrepreneurship using only one dimension, and suggests two additional dimensions that would help capture the exact nature of what entrepreneurship is. The author mentions the article “Thinking About Entrepreneurship: A Fuzzy Set Approach,” by R. W. Hornaday, and talks about how economic innovation, organizational creation, and profit seeking in the market sector are key elements in creating a comprehensive definition for entrepreneurship. The author admits that entrepreneurship doesn't require organizational creation but suggests that it is the complementary effects that constitute entrepreneurship.