Entrepreneurship in teleology-the variety of the forms
entrepreneurship作文

entrepreneurship作文Entrepreneurship is a vital force in today’s economy, driving innovation, creating jobs, and fostering economic growth. It involves the process of starting and managing a new business venture, often characterized by risk-taking and a willingness to embrace uncertainty. Entrepreneurs are individuals who identify opportunities, develop ideas, and transform them into viable businesses.One of the most significant contributions of entrepreneurship is innovation. Entrepreneurs are often at the forefront of creating new products, services, and technologies that can change the way we live and work. For example, companies like Apple and Tesla have revolutionized their respective industries through innovative thinking and bold execution. This spirit of innovation not only leads to better products but also improves overall quality of life and enhances productivity in society.Moreover, entrepreneurship plays a crucial role in job creation. Small businesses, often started by entrepreneurs, are responsible for a substantialportion of new jobs in many economies. By launching new ventures, entrepreneurs not only provide employment opportunities for themselves but also contribute to the broader labor market. This job creation is essential for reducing unemployment and boosting economic stability.Furthermore, entrepreneurship fosters competition, which can lead to lower prices and improved services for consumers. When new businesses enter the market, they challenge established companies to innovate and improve their offerings. This competition encourages efficiency and drives businesses to meet the evolving needs of consumers. As a result, consumers benefit from a wider range of choices and better quality products.However, entrepreneurship is not without its challenges. Entrepreneurs often face significant risks, including financial uncertainty and the potential for failure. Many startups do not survive their first few years, and the journey can be fraught with obstacles. Nevertheless, the resilience and determination of entrepreneurs often lead them to find creativesolutions to these challenges, thus contributing to their personal growth and the advancement of society.In conclusion, entrepreneurship is a crucial element of a dynamic economy. It drives innovation, creates jobs, fosters competition, and ultimately leads to economic growth. Despite the risks and challenges, the rewards of entrepreneurship are significant, not only for the entrepreneurs themselves but also for society as a whole. Embracing the entrepreneurial spirit can lead to a brighter future filled with opportunities and advancements.中文翻译:创业是在当今经济中一种重要的力量,它推动着创新、创造就业机会并促进经济增长。
自主创业英语作文

Entrepreneurship is a journey that requires passion,dedication,and a strong vision. Here are some key points to consider when writing an essay on starting your own business in English:1.Introduction to Entrepreneurship:Begin your essay by defining entrepreneurship and explaining why it is an appealing career path for many individuals.Mention the freedom, creativity,and potential for financial reward that come with being your own boss.2.Importance of a Business Idea:Discuss the significance of having a unique and viable business idea.Explain how it should be something that solves a problem or fills a gap in the market.3.Market Research:Emphasize the role of market research in validating your business idea.Explain how understanding the target audience,competition,and market trends is crucial for the success of a startup.4.Business Plan:Describe the importance of a wellstructured business plan.It should include an executive summary,company description,market analysis,organization and management structure,product line or services,marketing and sales strategies,and financial projections.5.Funding Options:Explore the various funding options available to entrepreneurs,such as bootstrapping,bank loans,venture capital,angel investors,and crowdfunding.6.Legal Considerations:Mention the legal aspects of starting a business,including choosing the right business structure sole proprietorship,partnership,LLC,corporation, registering the business,and understanding tax obligations.7.Risk Management:Discuss the inherent risks of entrepreneurship and how to manage them.This includes financial risks,market risks,and operational risks.working and Mentorship:Highlight the importance of building a network and seeking mentorship.Explain how connecting with other entrepreneurs and industry experts can provide valuable insights and support.9.Innovation and Adaptability:Emphasize the need for continuous innovation and adaptability in business.Discuss how staying agile and being open to change can help a business thrive in a competitive market.10.Challenges and Overcoming Obstacles:Address the common challenges faced byentrepreneurs,such as financial constraints,time management,and maintaining motivation.Offer strategies for overcoming these obstacles.11.The Role of Technology:Discuss how technology plays a significant role in modern entrepreneurship,from automating processes to reaching a global audience through digital marketing.12.Sustainability and Social Impact:Consider the growing importance of creating a business that is not only profitable but also sustainable and socially responsible.13.Conclusion:Conclude your essay by summarizing the key points and reiterating the potential rewards and challenges of entrepreneurship.Encourage readers to consider the path of entrepreneurship as a way to achieve personal and professional fulfillment. Remember to use clear and concise language,provide examples where appropriate,and maintain a positive and motivational tone throughout your essay.。
The Challenges and Rewards of Entrepreneurship

The Challenges and Rewards of Entrepreneurship Entrepreneurship is the process of starting, developing, and managing a business venture with the aim of making a profit. It is a challenging yet rewarding journey that involves taking risks, being innovative, and constantly adapting to changes in the business environment. In this essay, I will discuss the challenges and rewards of entrepreneurship from multiple perspectives.From the perspective of the entrepreneur, starting a business can be a daunting task. It requires a lot of hard work, dedication, and financial investment. The entrepreneur must have a clear vision of what they want to achieve and be willing to take risks to achieve it. This often involves leaving a stable job or investing personal savings into the business. Furthermore, the entrepreneur must be able to manage their time effectively, as they will be responsible for all aspects of the business, from marketing to finance to operations.One of the biggest challenges faced by entrepreneurs is the high failure rate of new businesses. According to the Small Business Administration, only about half of new businesses survive for five years or more. This can be due to a variety of factors, including poor financial management, lack of market demand, and competition from established businesses. The fear of failure can be a major obstacle for entrepreneurs, but it is important to remember that failure is often a necessary step on the path to success.Despite the challenges, entrepreneurship can be incredibly rewarding. For many entrepreneurs, the ability to be their own boss and create something from scratch is a major motivator. It allows them to pursue their passions and make a difference in the world. Additionally, successful entrepreneurs can reap significant financial rewards, as they are able to build wealth and create jobs for others. This can be a powerful motivator for those who are willing to take on the risks of entrepreneurship.From the perspective of society, entrepreneurship plays an important role in driving economic growth and innovation. New businesses create jobs and stimulate economic activity, which can have a ripple effect throughout the economy. Additionally, entrepreneurs are often at the forefront of innovation, developing new products andservices that can improve people's lives. This can lead to advancements in technology, healthcare, and other fields.However, entrepreneurship can also have negative effects on society. Some entrepreneurs may prioritize profit over social responsibility, leading to unethical business practices or harm to the environment. Additionally, the emphasis on competition and individual success can lead to a lack of cooperation and collaboration among businesses. It is important for entrepreneurs to consider the impact of their actions on society and strive to create businesses that are both profitable and socially responsible.From the perspective of employees, working for a startup can be both exciting and challenging. Startups often offer a more dynamic and flexible work environment than established businesses, with opportunities for growth and advancement. However, employees may also face uncertainty and instability, as startups are more likely to experience financial difficulties or fail altogether. Additionally, the fast-paced nature of startup culture can lead to burnout and work-life balance issues.Despite these challenges, many employees find working for a startup to be a rewarding experience. They may have the opportunity to work on innovative projects and collaborate with a diverse group of people. Additionally, successful startups often offer generous compensation packages and equity options, which can be a major incentive for employees.In conclusion, entrepreneurship is a challenging yet rewarding journey that involves taking risks, being innovative, and constantly adapting to changes in the business environment. From the perspective of the entrepreneur, starting a business can be daunting, but the ability to be their own boss and create something from scratch is a major motivator. From the perspective of society, entrepreneurship plays an important role in driving economic growth and innovation, but it is important for entrepreneurs to consider the impact of their actions on society. From the perspective of employees, working for a startup can be both exciting and challenging, but can offer opportunities for growth and advancement. Despite the challenges, entrepreneurship can be a fulfilling and lucrative career path for those who are willing to take on the risks.。
The Spirit of Entrepreneurship

The Spirit of EntrepreneurshipThe spirit of entrepreneurship is a driving force that shapes the business landscape and has the potential to bring about significant change and progress.At its core, entrepreneurship is about having the courage to take risks and pursue opportunities where others might hesitate. Entrepreneurs are not deterred by uncertainty; instead, they view it as a canvas on which to paint their visions. For example, Elon Musk's decision to invest in electric cars and sustainable energy when these fields were relatively nascent was a bold move that has now revolutionized the automotive industry.It involves a relentless passion and drive. Entrepreneurs are often consumed by their ideas and are willing to put in long hours and tremendous effort to turn them into reality. They are not easily discouraged by setbacks but see them as learning experiences on the path to success. Consider the story of Jeff Bezos, who started Amazon from a humble garage and persevered through numerous challenges to build it into the global e-commerce giant it is today.Innovation is a key element of the entrepreneurial spirit. Entrepreneurs look for novel solutions to existing problems or create entirely new markets. The development of Airbnb, which disrupted the traditional hospitality industry by offering unique accommodation options, is a prime example of how innovative thinking can create huge business opportunities.An entrepreneur also demonstrates a sense of adaptability. In a constantly changing business environment, the ability to pivot and adjust strategies is crucial. Many startups have had to change their business models multiple times based on market feedback and emerging trends.Furthermore, entrepreneurship often requires a willingness to collaborate and build networks. Entrepreneurs seek out partnerships, mentors, and investors who can support their vision and provide the necessary resources.In conclusion, the spirit of entrepreneurship is a powerful combination of risk-taking, passion, innovation, adaptability, and collaboration. It is this spirit that fuels economic growth, creates jobs, and drives societal advancement. Those who embody it are not only business leaders but also agents of change, inspiring others to follow in their footsteps and dream big.。
英语作文关于创业

英语作文关于创业Entrepreneurship。
Entrepreneurship is the process of starting a new business venture. It involves identifying a market opportunity, developing a product or service, and creating a business plan to launch the venture. Entrepreneurship is a key driver of economic growth and job creation, and it is a critical component of innovation and technological advancement.Starting a business is not for everyone, but for those who are willing to take the risk, it can be a very rewarding experience. Entrepreneurs are often motivated by a desire to be their own boss, to create something new, or to solve a problem that they see in the market. They must be willing to work hard, take calculated risks, and be persistent in the face of challenges.To be successful as an entrepreneur, it is important tohave a clear vision for the business, a solid understanding of the market, and a well-developed business plan. Thisplan should include a detailed analysis of the market, a description of the product or service, a marketing strategy, financial projections, and a plan for managing the business.One of the biggest challenges facing entrepreneurs is funding. Starting a new business requires capital, and many entrepreneurs struggle to secure the funding they need toget their venture off the ground. There are a variety of sources of funding available, including loans, grants, and investments from angel investors or venture capitalists.Another challenge facing entrepreneurs is the need to balance risk and reward. Starting a new business involves a significant amount of risk, and there is no guarantee of success. However, the potential rewards can be significant, both in terms of financial gain and personal satisfaction.Despite the challenges, entrepreneurship remains an attractive option for many people. It offers theopportunity to be your own boss, to create something new,and to make a difference in the world. With the right combination of vision, hard work, and persistence, anyone can be a successful entrepreneur.。
The Impact of Social Entrepreneurship

The Impact of Social Entrepreneurship Social entrepreneurship has emerged as a powerful force for positive change in the world, addressing critical social and environmental issues through innovative business models. The impact of social entrepreneurship is far-reaching,influencing diverse aspects of society, economy, and environment. From empowering marginalized communities to driving sustainable development, social entrepreneurship has the potential to transform the world for the better. One of the most significant impacts of social entrepreneurship is its ability to address pressing social issues that traditional business models often overlook. By identifying gaps in existing systems and developing innovative solutions, social entrepreneurs create tangible and sustainable change in areas such as education, healthcare, poverty alleviation, and environmental conservation. For example, organizations like TOMS Shoes have pioneered the "One for One" model, providing a pair of shoes to a child in need for every pair purchased. This approach not only addresses the immediate need for footwear but also supports local economies and empowers communities. Furthermore, social entrepreneurship has the potential to drive economic development and create employment opportunities, particularly in underserved regions. By prioritizing social impact alongside financial returns, social enterprises contribute to inclusive growth and poverty reduction. Through initiatives such as microfinance, skills development programs, and fair trade practices, social entrepreneurs enable individuals to break the cycle of poverty and build sustainable livelihoods. This not only benefits the individuals directly involved but also strengthens the overall economic fabric of communities. In addition to addressing social and economic challenges, social entrepreneurship also plays a crucial role in promoting environmental sustainability. Many social enterprises are dedicated to developing eco-friendly products, implementing renewable energy solutions, and promoting conservation efforts. By integrating environmental stewardship into their business models, social entrepreneurs contribute to mitigating climate change, preserving natural resources, and promoting sustainable consumption and production patterns. This aligns with the global agenda of achieving the Sustainable Development Goals and creating a more environmentally conscious society. Moreover, the impact of socialentrepreneurship extends beyond immediate outcomes, influencing broader systemic change. By challenging conventional approaches and advocating for social justice, equity, and inclusivity, social entrepreneurs contribute to reshaping policy frameworks, business practices, and societal norms. Their advocacy and activism often lead to increased awareness, policy reforms, and a shift in consumer behavior, ultimately fostering a more equitable and sustainable society. However, it is important to acknowledge that social entrepreneurship also faces challenges and limitations in achieving its full potential impact. Limited access to funding, regulatory barriers, and scalability issues can hinder the growth andsustainability of social enterprises. Furthermore, the complexity of social issues and varying cultural contexts require nuanced and context-specific solutions, posing challenges for widespread replication and impact measurement. Overcoming these challenges requires collaborative efforts from governments, businesses, and civil society to create an enabling environment for social entrepreneurship to thrive. In conclusion, the impact of social entrepreneurship is profound and multifaceted, encompassing social, economic, environmental, and systemic dimensions. By addressing social challenges, driving economic development, promoting environmental sustainability, and catalyzing systemic change, social entrepreneurship has the potential to create a more inclusive, equitable, and sustainable world. While facing challenges, the resilience and innovation ofsocial entrepreneurs continue to inspire and drive positive transformation, making a lasting impact on the global community.。
The Challenges and Rewards of Entrepreneurship

The Challenges and Rewards ofEntrepreneurshipEntrepreneurship is a journey filled with both challenges and rewards. As someone who has experienced the highs and lows of being an entrepreneur, I can attest to the rollercoaster of emotions and experiences that come with starting and running a business. From the initial spark of an idea to the day-to-day operations, entrepreneurship presents a unique set of obstacles and triumphs that shape the path of every aspiring business owner. One of the most significant challenges of entrepreneurship is the risk involved. Starting a business requires a leap of faith, as there are no guarantees of success. The fear of failure can be paralyzing, and many aspiring entrepreneurs struggle with the uncertainty of whether their venture will thrive or flounder. This fear can be particularly daunting for those who are leaving stable jobs to pursue their entrepreneurial dreams. The financial risk of investing time and money into a business without a guaranteed return can be overwhelming, and it takes a certain level of courage and resilience to push through the fear and take the plunge into entrepreneurship. Another challenge that entrepreneurs often face is the pressure to wear multiple hats. In the early stages of a business, resources are often limited, and entrepreneurs must juggle various roles and responsibilities. From marketing and sales to operations and finance, entrepreneurs are expected to be versatile and adaptable, often taking on tasks outside of their expertise. This can lead to feelings of overwhelm and burnout, as the demands of running a business can beall-consuming. Finding a balance between wearing multiple hats and knowing when to delegate is a constant struggle for many entrepreneurs. Furthermore, the competitive nature of the business world presents a significant challenge for entrepreneurs. In today's global economy, competition is fierce, and standing out from the crowd can be a daunting task. Building a unique value proposition and carving out a niche in a saturated market requires creativity, strategic thinking, and perseverance. The pressure to differentiate oneself from competitors and continuously innovate can be mentally and emotionally taxing, as entrepreneurs constantly strive to stay ahead of the curve. Despite the challenges,entrepreneurship also offers a myriad of rewards that make the journey worthwhile. One of the most significant rewards of entrepreneurship is the opportunity for personal and professional growth. Building a business from the ground up forces entrepreneurs to step outside of their comfort zones, take risks, and learn from their mistakes. The resilience and adaptability gained through the entrepreneurial journey can be invaluable, shaping not only the success of the business but also the character of the entrepreneur. Additionally, the sense of fulfillment that comes from creating something from nothing is a powerful reward of entrepreneurship. Seeing an idea come to life and having a tangible impact on the world can be incredibly gratifying. The autonomy and freedom that come with being your own boss can also be a significant reward, as entrepreneurs have theflexibility to pursue their passions and create a lifestyle that aligns with their values. Furthermore, the potential for financial success is a driving force for many entrepreneurs. While the road to profitability is often long and arduous, the possibility of reaping the rewards of hard work and dedication is a powerful motivator. The ability to build wealth and create opportunities for oneself and others is a compelling aspect of entrepreneurship that drives many individuals to pursue their business dreams. In conclusion, the challenges and rewards of entrepreneurship are inextricably linked, shaping the journey of every aspiring business owner. The risk, pressure, and competition that come with starting and running a business can be daunting, but the opportunity for personal and professional growth, fulfillment, and financial success make the entrepreneurial journey incredibly rewarding. As someone who has experienced the highs and lows of entrepreneurship, I can attest to the transformative power of the entrepreneurial journey, and I encourage aspiring entrepreneurs to embrace the challenges and savor the rewards that come with building something from the ground up.。
企业家英文

企业家英文Entrepreneurship: The Key to SuccessIntroduction:In today's fast-paced and competitive business world, entrepreneurship has emerged as a catalyst for economic growth and innovation. Being an entrepreneur goes beyond starting a business; it embodies a mindset and a set of skills that are crucial to achieving success. This article aims to explore the concept of entrepreneurship, its importance in the business world, and the characteristics of successful entrepreneurs.Definition and Importance of Entrepreneurship:Entrepreneurship can be defined as the process of identifying, creating, and pursuing opportunities to generate value. It involves taking calculated risks, being proactive, and having a vision for the future. Entrepreneurship plays a pivotal role in economic development by creating jobs, stimulating innovation, and driving productivity. With the rise in global economic challenges, entrepreneurship has become evenmore essential for countries to stay competitive and adapt to changing market conditions.Characteristics of Successful Entrepreneurs:1. Passion and Determination:Successful entrepreneurs are driven by their passion for their ideas and goals. They are resolute in their pursuit of success and are not deterred by failures or setbacks. Their determination enables them to overcome obstacles and persevere through difficult times.2. Vision and Creativity:Entrepreneurs have a clear vision of what they want to achieve. They possess the ability to think outside the box and come up with innovative solutions to solve problems. Their creativity allows them to identify opportunities that others might overlook.3. Risk-taking:Entrepreneurs are comfortable with taking risks and stepping out of their comfort zones. They understand that risk is an inherent part of the entrepreneurial journey and are willing to take calculated risks in order to achieve their goals. However,they also possess the ability to assess risks and make informed decisions.4. Adaptability:Entrepreneurs are flexible and adaptable, able to respond to changes in the market and seize new opportunities. They understand the importance of staying ahead of the curve and are willing to constantly learn and adapt their strategies accordingly.5. Strong Work Ethic:Successful entrepreneurs possess a strong work ethic and are willing to put in the necessary effort and time to make their ventures successful. They are disciplined, focused, and committed to their goals.6. Networking and Relationship Building:Entrepreneurs understand the importance of building relationships and networking. They actively seek out opportunities to connect with others, whether it be potential investors, customers, or mentors. They leverage these relationships to learn, collaborate, and grow their businesses.7. Resilience:Entrepreneurship is not without its challenges, and successful entrepreneurs are resilient in the face of adversity. They are able to bounce back from failures and setbacks, learning from their experiences and using them as stepping stones to success.Conclusion:Entrepreneurship is a dynamic and exciting field that offers numerous opportunities for individuals to pursue their passions and make a meaningful impact in the business world. Successful entrepreneurs possess a unique combination of passion, vision, creativity, and resilience. By embracing the entrepreneurial mindset and developing these essential skills, individuals can unlock their full potential and achieve success in their endeavors. So, whether you have an idea that can revolutionize an industry or simply aspire to be your own boss, entrepreneurship can be your pathway to success.。
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Entrepreneurship in teleology:the variety of the formsIoannis N.KatsikisDepartment of Management Science and Technology,Athens University of Economics and Business,Athens,Greece,and Lida P.Kyrgidou International Hellenic University,Thessaloniki,Greece andDepartment of Economics,Aristotle University of Thessaloniki,Thessaloniki,GreeceAbstractPurpose –The purpose of the paper is to define a range of entrepreneurial concepts and provide a critical review of their content in order to map the forms of the entrepreneurial actions within their teleological context.Design/methodology/approach –Based on the authors’definition of teleology as the process of heading towards an end,entrepreneurship was categorized into a three-item typology,namely subject,process and object.The latter served as a platform for the analysis,which reveals some key qualities about research in entrepreneurship.Findings –The paper provides a categorization of entrepreneurship both at the distinction (subject,process,object)and the contextual level and the commonalities and differences among entrepreneurship’s different teleological approaches are analyzed and the potential is offered for further avenues of research to emerge.Additionally,it is demonstrated that the teleological approaches represent distinct approaches to interpret diverse aspects of the entrepreneurial phenomenon and provide insights into the way in which the entrepreneurial process itself unfolds.Originality/value –The paper provides an innovative categorization of entrepreneurship as subject,process and object while discussing a variety of various entrepreneurial forms through their teleological nature within each of the three categories.The paper is valuable to scholars seeking to further advance their understanding in the various fields of entrepreneurship,understand the function of the particular set of activities to be undertaken,the role of particular individuals/agents involved in the entrepreneurial process,the opportunity identification/exploitation process as well as the particular objective that each entrepreneurial form aims at fulfilling.Keywords Entrepreneurialism,Management techniquesPaper type Literature reviewIntroductionFew of the phenomena that have gripped the organizational and management world in recent years match the impact of entrepreneurship (Antoncic and Hisrich,2003;Davidsson,2005).A large variety of research work indicates there is consensus that entrepreneurship is a vital element of social,organizational and individual success (Antoncic and Hisrich,2003;Davidsson,2005).However,research on entrepreneurship has often been characterized as diverse,fragmented and in ferment (Shane and Venkataraman,2000).Over time,several forms of entrepreneurship have developed beyond the traditional,neoclassical or Schumpeterian notion of business/economic entrepreneurship,which on one hand justify the multidimensionality of the entrepreneurial domain,yet creates confusion as to their distinctiveness and theThe current issue and full text archive of this journal is available at/1355-2554.htmEntrepreneurship in teleology 209Received 10January 2008Revised 24April 2008Accepted 3November 2008International Journal of Entrepreneurial Behaviour &Research Vol.15No.2,2009pp.209-231q Emerald Group Publishing Limited 1355-2554DOI 10.1108/13552550910944584Papertype: Literature reviewnecessity of their existence.Recently,Schildt et al.(2006)attempted to categorize different streams of entrepreneurship research based on Zahra’s (2005)argument that the lack of a widely accepted categorization of the different streams of entrepreneurship research inhibits the growth of entrepreneurship as a scholarly endeavor.Such entrepreneurial concepts refer to strategic entrepreneurship (Ireland et al.,2003;Hitt et al.,2001),social entrepreneurship (Peredo and McLean,2006;Weerawardena and Mort,2006),sustainable entrepreneurship (Dean and McMullen,2007;Cohen and Winn,2007;Katsikis and Kyrgidou,2007),environmental –ecological entrepreneurship (Schaltegger and Peterson,2001;Schaper,2002;Schaltegger,2002;Dean and McMullen,2007),intrapreneurship (Hitt et al.,2002;Guth and Ginsberg,1990;Miller,1983;Covin and Miles,1999;Stevenson and Jarillo,1990),institutional entrepreneurship (Augier and Sarasvathy,2004;Xu and Ruef,2004Boxenbaum and Battilana,2005),public entrepreneurship (Morris and Jones,1999;Bygrave,1989;Shockley et al.,2006;Kelman,2005;Feldman,2005;Roberts,1992),philanthropic entrepreneurship (Acs and Dana,2001),institutional entrepreneurship (Dorado,2005)and distributed entrepreneurship (Bureth et al.,2006).Each of the aforementioned notions refers to a specific objective as defined by its distinctive determining character (strategic,social,sustainable,etc),yet there is some confusion and lack of clarity as to entrepreneurship’s various manifestations.As well as to the particular set of activities employed in order to explore and exploit opportunities to realize entrepreneurial outcomes as well as to the subject (agent involved)of such activities.This paper contributes by attempting to legitimize the field of entrepreneurship at two successive levels.First,at the distinction level,it provides an innovative categorization of entrepreneurship as subject,process and object.Second,it aims at mapping teleological approaches to the entrepreneurial phenomenon by defining the variety of entrepreneurial notions and providing a critical review.In this way,it goes beyond the categorization of the different streams of research,demonstrating under which of the three categories each entrepreneurial form falls,thus,providing insight at the contextual level as well.In addition,it sharpens understanding of entrepreneurship’s varying notions.In the following section,we provide an overview of the advancements of entrepreneurship theory as a stream of research.Drawing upon the two fundamental theoretical backgrounds of entrepreneurship,which serve as a platform for our analysis we review the literature and attempt to identify teleological approaches.Based on this review,we develop a theoretical schema,conceptualizing entrepreneurship as a subject,process and object,for better understanding the context of those approaches.At a second level,we systemize our research by providing a comprehensive categorization of our findings.Entrepreneurship theoryThe subject and the characteristics of entrepreneurshipBy and large,there is consensus that entrepreneurship with its emphasis on opportunity and wealth creation is a vital element of organizational and individual success (Antoncic and Hisrich,2003;Davidsson,2005).Traditionally,entrepreneurship has been linked to uncertainty,to risk-taking as well as to the efforts on the part of the individual (entrepreneur)who ventures to transform visions into business activities.IJEBR 15,2210These scholars have identified three distinct traditions in the development of entrepreneurial research:the German Tradition developed by Schumpeter and Von Thuenen,the Chicago Tradition by Knight and Schultz and the Austrian Tradition, based on Von Mises,Kirzner and Shackle.Schumpeterian theory views entrepreneurship as a disequilibrating phenomenon,rather than an equilibrating force and a theory of creative destruction has been proposed where newfirms with entrepreneurial characteristics displace less innovative incumbents thus leading to a higher degree of economic growth.Knight(1921)emphasizes the role of risk as central in the“uncertain”entrepreneurial environment.Finally,Kirzner(1979)places emphasis on the role of opportunities within entrepreneurship,and argues that the fundamental entrepreneurial activity involves“seeing”previously unnoticed opportunities for profit,referring to entrepreneurial alertness.Shane(2003)argues that the absence of a coherent and consistent conceptual framework for entrepreneurship is due to researchers considering only one part of the entrepreneurial process rather than all relevant aspects collectively.Thus,the question remains as to what entrepreneurship and its teleological forms are about.Essentially, entrepreneurship involves the study of sources of opportunities,the process of discovery,the exploitation of opportunities,and the characteristics of individuals in organizational settings who discover,evaluate,and exploit these opportunities(Shane and Venkataraman,2000).The most prevalent views of entrepreneurship focus on the perception of new economic opportunities and the introduction of new ideas in the market.Opportunity recognition,in particular,lies at the heart of entrepreneurship (Brown and Eisenhardt,1998;Eisenhardt and Martin,2000;McCline et al.,2000). Entrepreneurship scholars seek to answer questions such as why,when and how opportunities for the creation of goods and services come into existence;why,when and how some people and not other discover and exploit these opportunities;why when and how different modes of action are used to exploit entrepreneurial opportunities(Shane and Venkataraman,2000,p.218).A combination and synthesis of entrepreneurship’s varying in nature definitions in general terms agree to the positive effects that entrepreneurship poses onfirms’value creating efforts and the identify of common characteristics that construct the context of entrepreneurship as a process. Such characteristics pertain to risk taking since entrepreneurial efforts and activities take place within an uncertain environment,(Knight,1921;von Mises,1919),creativity and innovativeness(Schumpeter,1934),value and wealth creation(Ireland et al.,2003) as well as opportunity exploration and exploitation,through entrepreneurial alertness (Kirnzer,1979),new resource combinations(Schumpeter,1934;Shane and Venkataraman,2000)etc.In the following section we discuss the entrepreneurial phenomenon as perceived by classical and neo-classical paradigms of economic thought and then move to the Schumpeterian and evolutionary approaches.Since these theories of entrepreneurship have consistently been used for the development of contemporary entrepreneurial approaches,we briefly analyze their basic constituents and identify their primary characteristics.Such insight serves as a critical tool for our understanding of entrepreneurship as the primary construct and for further analysis of its various teleological forms.Entrepreneurshipin teleology211Classical and neo-classical perspectives Entrepreneurship initially was closely associated with capital where profit was perceived as the reward for risk taking rather than making strategic decisions.The French school (e.g.Cantillon,1755)viewed entrepreneurs as individuals seizing profit under conditions of uncertainty.Thus,a distinction was made between capitalists and entrepreneurs by identifying entrepreneurs as risk takers undertaking a level ofunpredictable risk.Classical economists viewed entrepreneurs as wealth creators.Therefore,the concept of risk emerged as a key element.In addition,according to this school of thought (Kirzner,1979)the role of the entrepreneur is influenced by the context from which he/she is bounded and thus entrepreneurial capability arises from the ability to identify opportunities and to make decisions in an existing set of circumstances (Pittaway,2005).Thus,Kirzner (1979)elaborates on the concept of entrepreneurial alertness to new opportunities in existing circumstances (Pittaway,2005).As Tang (2008)argues the importance of entrepreneurial alertness for explaining economic development and predicting opportunities discovered in the entrepreneurial process (Hills and Shrader,1998;Ko,2004)has been emphasized in the literature.The Austrian School (e.g.von Mises,1919;Kirzner,1979;Menger,1982)moving away from the mainstream economic paradigm,identified entrepreneurs as those who created economic change through decision-making.Menger (1982)argued that while entrepreneurs may face uncertainty,the element of risk is not essential.He identified a number of situations,whereby the activity isconsidered entrepreneurial but risk is absent.The German school (e.g.von Thu¨nen,1826;von Schmoller,1910)distinguished entrepreneurs from capitalists by viewing profit as the return for entrepreneurial risk;whereby entrepreneurs were viewed as both risk takers and innovators.The Neoclassical perspective views entrepreneurs as innovators and considers profit as the reimbursement for entrepreneurial services Marshall (1980).Knight (1921)extended the concept of risk to identify insurable and uninsurable risk,associating profit for uninsurable risk with rapid economic change.Thus,Knight (1921)views entrepreneurs as those with the ability to activate others under uncertain situations and the flexibility to act quickly.Profit,thus,represented both payment for ability and compensation for assuming risk.The Schumpeterian approachSchumpeterian theory can be considered as the key founding idea of entrepreneurship research (Gregoire et al.,2006).Coming from the Austrian tradition of economics,Schumpeter (1934)proposed a slightly different view of entrepreneurship,outside the scope of the general equilibrium model of the neoclassical economics,considering entrepreneurs as innovators,creating new activities and markets in order to disturb the “status quo”.Thus,it seems that economic theories of entrepreneurship are diverse and at times conflicting.Contrary to Kirzner’s (1979)perspective of the entrepreneur,Schumpeter argues that the role of the entrepreneur is to create those circumstances and context appropriate for new opportunities to occur.Thus,he attributes the “agency”role to entrepreneurial behavior arguing that entrepreneurs should be adept at creating their own circumstances,viewing entrepreneurship as a disequilibrating phenomenon.The Schumpeterian tradition is pursued in studies that focus on entrepreneurship as a way of describing and characterizing a firm’s actions.As Jones (2000)argues,IJEBR 15,2212Schumpeter was thefirst to view the role of entrepreneur as identifying potential markets and utilizing existing knowledge in order to develop existing products and services.Thus,in their quest for wealth creation,entrepreneurialfirms focus on innovative,proactive and risk-taking behaviors(Barringer and Bluedorn,1999) conducive to the formation of new business models,business logics and organizational forms(Sharma and Chrisman,1999).Within the entrepreneurial theory,it is also important to highlight the fact that obstacles and inefficiencies in the functioning of markets generates the ability to produce economic profit and gives birth to entrepreneurial opportunities.This evolutionary approach contrasts with classical and neo-classical economic theory,which support that environmental problems result from economic inefficiency. Therefore,based on the definitions by Shane and Venkataraman(2000)we define entrepreneurship as“the teleological process aiming at the achievement of development,by discovering,evaluating and exploiting opportunities and creating value at multiple levels”.In the following sections,entrepreneurship’s various teleological forms,which will be discussed and briefly analyzed,are based on the fundamental thinking of the above evolutionary neo-Schumpeterian approaches,which consider entrepreneurship as a teleological process.Before discussing these forms we elaborate on the notion of teleology itself to provide a better understanding of its association to the entrepreneurial domain.The different streams of research around entrepreneurship underlie the different key assumptions that each of these groups suggests with respect to entrepreneurship. In particular,with respect to the role of entrepreneurs as actors and their actions,the process of opportunity identification and exploitation and consequently to the entrepreneurial outcomes that emerge.We aim at providing a clarification as to the exact relationship of entrepreneurship and its defining elements/aspects involved.This difference in perspectives between classical/neoclassical economists and the Schumpeterian tradition brings forth the distinction of entrepreneurial perception as a matter of creation versus a matter of discovery.This same distinction has been reinforced by a number of consequential entrepreneurial studies.Barney and Alvarez (2007)focus on the creation/discovery theory and bring forth the notion of teleology and teleological approaches as a hermeneutical mechanism of human action.The following section is dedicated to the analysis of the notion of teleology with the aim of providing insight as to entrepreneurship’s varying teleological approaches.The notion and the role of teleology in entrepreneurshipTeleology is the study of ends,purposes and goals.The word teleology is derived from the ancient Greek word:“telos”,meaning“end”,target or purpose.The term“teleology”has been entailed within the“creative view”of entrepreneurial opportunities as analyzed by Sarasvathy et al.(2003),which is considered as teleological in that actors are implicitly expected to seek wealth creation(Sanz-Velasco,2006).Additionally, teleology or purposiveness as a domain suggests the philosophical study of design, purpose,directive principle,orfinality both in nature and human creations.It is traditionally contrasted with philosophical naturalism which views nature as of lacking design or purpose.As opposed to this,teleology argues that there is afinal cause or“purposiveness”inherent in all beings and human actions(Jakee and Spong, 2003).Entrepreneurshipin teleology213In philosophy,it is the doctrine that attempts to explain the nature and existence in terms of ends or final causes.Teleology therefore is grounded on the fundamental idea that the universe (cosmos)has a purpose of existence.Historically,teleology may be identified with Aristotelian philosophy and the scholastic tradition in philosophy,again,made central to speculative philosophy by Hegel (Marcuse,1987).According to Aristotle’s teaching (Johnson,2005),the justification for a phenomenon or process is tobe found not only in the immediate purpose or its cause but also mostly in its “final cause”(telos).This may also explain the reason for which the phenomenon exists or was initially created.Moreover,in Christian theologies,teleology often represents a basic argument proving the existence of God,in that the order,the complexity and the efficiency of the natural world cannot be accidental (Paley,1802).Thus,this hypothesis suggests that if the world design is intelligent,an ultimate Designer must therefore exist.When it comes to human actions,teleological approaches explain human behaviors in terms of the impact of that behavior on individuals’ability to accomplish their purposes (Alvarez and Barney,2007).Teleological approaches argue that behavior that facilitates the accomplishment of one’s purposes is more likely to occur than behaviour that does not (Parsons and Shils,1962).As Alvarez and Barney (2007)argue teleological theories of human action explain “human behaviour in terms of the impact that behaviour on the ability of individuals to accomplish their purposes”(2007,p.12).The same authors highlight examples of teleological theories in the social science,which include motivation theory in psychology (Herzberg,1976;Maslow,1943),functional theory in anthropology (Lesser,1935),and institutional theory in sociology (DiMaggio and Powell,1983;Scott,2001).Alvarez and Barney(2007)argue that all teleological theories of human action make three critical assumptions about the nature of:(1)human objectives;(2)individuals;and(3)the decision-making context within which individuals operate (Bergmann,1957;Nagal,1961;Parsons and Shils,1962).The same authors argue that different predictions about human behavior usually turn on one or more differences in these three critical assumptions (Parsons and Shils,1962).In this paper,we use the above mentioned assumptions as the foundation for the creation of categories in order to analyze teleological approaches of entrepreneurship.The assumptions about the nature of human objectives help in formulating the “object”category,the assumptions about the nature of individuals form the “subject”,and the assumptions about the nature of the decision making “process”category.This effort enables us to better understand the nature of the entrepreneurial phenomena,while raising important questions,such as:“who is involved in the process?”(subject),“how are they intending to get there?”(process),“what is their measure of success?”(object)concerning the interpretation and analysis of the entrepreneurial activity.Table I exhibits the relation among assumptions,categories,and the relevant research questions.Thus,the synthesis provides insight as to the context within which these teleological approaches unfold.Their employment also sharpens understanding of the entrepreneurial forms,pinpointing similarities and differences among them.In Figure 1,we distinguish between three categories at the distinction level,according to the agent of change (subject),the mean (process)and the end resultIJEBR 15,2214(object).As forms of entrepreneurship we define and characterize the different and thus distinctive processes that enable entrepreneurship to reach its teleology by fulfilling specific and distinctive objectives.Figure 1can be interpreted in a dual way.First,horizontally,at the distinction level,we identify the linear process of entrepreneurship beginning with the subject of the entrepreneurial action who adopts a specific mean/process/set of activities in order to achieve a final object/outcome.At the context level,we categorize the theoretical streams of entrepreneurship according to their nature –content,setting off from the main discipline of economic –business entrepreneurship as a point of departure.Therefore,we view the means/process and the object/purpose or end-result of those actions.This study attempts to offer a better understanding into the very essence that is the “telos”of the above-mentioned approaches.Thus,in the following section we analyze teleological approaches to the entrepreneurial phenomenon,while providing a comprehensive overview in terms of definitions,objectives and contributors of the respective fily,we analyze concepts such as:strategic entrepreneurship,social entrepreneurship,intrapreneurship,public entrepreneurship,environmental and ecological entrepreneurship,sustainable entrepreneurship,philanthropic entrepreneurship,institutional entrepreneurship and distributed entrepreneurship.Our intention is to provide an extensive review of existing available teleological approaches to entrepreneurship,which will later be categorized in three distinctive groups (subject,object or process)according to their similarities or differences.Teleological approaches to entrepreneurshipScholars and practitioners alike are increasingly interested in studying and understanding corporate entrepreneurship (CE)(Ireland et al.,2002).CE is perceived as the driver of new businesses within established organizations through the employment of internal innovation,joint ventures,strategic renewal (Hitt et al.,2002),product/process innovations (Covin and Miles,1999).It has been defined as deliberate and intentional activity leading to innovations in large,established organizations (Hitt Figure 1.The categories ofentrepreneurial forms ofactionAssumptionsCategories Research questions Assumptions about the nature ofhuman objectivesObject “Who is involved in the process?”Assumptions about the nature ofindividualsSubject “What is their measure of success?”Assumptions about the nature of thedecision-making context within whichindividuals operate Process “How are they intending to get there?”Table I.Teleological categorization in entrepreneurshipEntrepreneurship in teleology 215et al.,2002)that affect organizational survival,growth and performance (Kazanjian et al.,2001).Hornsby et al.(2002)argue that there is little empirical research as to the understanding of managers’contribution in the context of corporate entrepreneurship,while Hitt et al.(2001,2002)have been at the forefront of attempts to integrate corporate entrepreneurship with strategic management (Jones,2005).Literature has focused on the link between corporate entrepreneurship and organizationalperformance (Georgellis et al.2000),although current research does not provide evidence of unambiguous links between CE and performance.Kuratko et al.(2001)suggest that financial results can be attributed to entrepreneurial actions and to top management behavior that fosters entrepreneurial behavior among employees (Kuratko et al.,2001).As Dess et al.(2003)highlight,the focus of CE research has been mostly on established global companies since more research has been published on that level than within new ventures.Strategic entrepreneurship (SE),has emerged as a core concept of the new entrepreneurial paradigm and refers to firms’pursuit of superior performance through the simultaneous use of entrepreneurial (opportunity-seeking)and strategic (advantage seeking)activities (Ireland et al.,2003).It has been developed as a response to the inefficiencies of the traditional paradigm in the field of strategy in explaining and predicting firm behavior in volatile,and turbulent environments,where increasing stakeholder expectations demand innovation more than optimization.Firms develop and implement new business models within which entrepreneurial opportunities are identified and exploited through the application of a strategic discipline to create wealth (Hitt et al.,2001).Firms seek to create wealth through the exploitation of competitive advantages they possess and the identification of ideas that can potentially create advantages,thus improving performance in the long run (Ireland and Webb,2007).In this vein,SE involves maintaining a balance between opportunity and advantage-seeking behaviors (Ireland et al.,2003).Opportunity seeking appears a central element stemming from the firm’s ability to absorb and integrate new and existing knowledge.Two additional pillars of SE pertain to an appropriate managerial mindset within the firm (Ireland et al.,2003)and to the continuous flow of innovations (Ireland and Webb,2007).The goal of SE is to continuously create competitive advantages that lead to maximum wealth creation,thus,creating balance between opportunity identification and exploitation and achieving sustainable competitive advantage (Ireland et al.,2003).The examination of social entrepreneurship’s definitions over time reveals (Boschee,1998;Thompson et al.,2000)the problem solving nature of social entrepreneurship and the corresponding emphasis on developing and implementing initiatives that produce measurable results in the form of changed social outcomes and/or impacts.Success in social enterprises is assessed through the amount of distributed capital and the range of individuals and societies that benefit from their economic performance rather than considering profitability rates (Ridley-Duff,2008).Profits are desirable to the extent that they can be channeled towards the collective needs of socially excluded groups.This perspective provides a “redistributive”character to the concept of social enterprise.Social entrepreneurship aims at conducting business while achieving socially purposeful objectives,serving an upper mission that in general aims at obtaining sustained,positive effects on society.Therefore,social entrepreneurship concerns the discovery of new means to achieve positive and constructive socialIJEBR 15,2216change;social entrepreneurs are those individuals who configure resources in order to achieve socially purposeful objectives(Dees,1998).Social entrepreneurship’s primary objective is extended beyond simply enriching its stakeholders’interests,to benefiting large communities and to achieving transformational effects on its clients(Peredo and Chrisman,2006).Moreover,social entrepreneurs aim to create value with long-lasting social changes and are usually well aware of the needs and values of the individuals, groups and regions they aid(Catford,1998).While entrepreneurs in both traditional and social entrepreneurship invest in resources to generate value deprived of these resources it is the entrepreneurial discovery process that differs between the two in important ways.Social value leads to the creation of jobs and revitalization of disadvantaged sectors of society on levels that surpass those of the largestfirms (Kuratko,2005).The above analysis reveals the socially oriented character of this form of entrepreneurship,which examines the entrepreneurial discovery phenomenon in a socially purposeful business context.While social entrepreneurial activities are similar to traditional ones,they are targeted towards the generation of value that can be used to alleviate poverty,ignorance or hunger.The notion of public entrepreneurship has only recently appeared in the mainstream entrepreneurship literature and it is defined by Morris and Jones(1999)as“the process of generating value for citizens by bringing together unique combinations of public and/or private resources to exploit social opportunities”(1999,p.74).While Bygrave (1989)claims that entrepreneurship is the process of identifying opportunities and preparing for their exploitation,taking and managing risk,organizing and coordinating resources,in order to create competitive advantages to foster the opportunity exploitation process(Kelman,2005;Feldman,2005).Public Entrepreneurship focuses on the delivery of more efficient services to citizens. Approaches regarding the applicability of an entrepreneurial approach to the public context have been conflicting over time.For instance,Terry(1993)argues that the fundamental differences between the private and the public sector logic do not allow the adoption of the entrepreneurship model into public organisations(Zerbinati and Souitaris,2005).In addition,the public sector context is characterized by predetermined roles regarding the way in which various tasks and jobs are accomplished;therefore,specific boundaries are set as to possible strategic and entrepreneurial initiatives and actions(Kelman,2005;Feldman,2005).According to Zerbinati and Souitaris(2005),the reverse argument is that the compatibility between the actions of public entrepreneurs and the democratic values of the organisation can be secured if public entrepreneurs act as“civic-regarding”entrepreneurs.This,in turn, places emphasis on the motives that drive public entrepreneurs to take their political authority seriously,follow the principles of democratic theory leading them to the adaptation of moreflexible and innovative structures,closer to the new public management(NPM)approach.This perspective refers to the adaptation of strategies by public organizations,associated with entrepreneurial management in the private sector.Scholars such as Curtis(2008)view NPM as a shift in the way in which governments guide and direct bureaucratic administration to the encouragement of entrepreneurial forms of service delivery.Thus,the focus within Public Entrepreneurship again lies on the role of individuals that should act as agents of change.Entrepreneurshipin teleology217。