A conceptual history of entrepreneurial thought
Purpose ‐ To interpret and explain evolution in entrepreneurial thought, using the application of history to unify the extant and wide-ranging concepts underlying the field to detect a conceptual foundation. Design/methodology/approach ‐ A conceptual approach is taken, the paper undertaking a delineation of how past theory has brought about the field's current state and an identification of some conceptual areas for future advancement. Findings ‐ The importance and impact of the entrepreneurship field is increasing in academic and practical settings. A historical view on the conceptual development of entrepreneurial thought provides a lens for scholars as well as practitioners to interpret and explain their own entrepreneurial activity or research and formulate new questions. Originality/value ‐ The paper aids scholars and researchers to interpret and explain entrepreneurial activity.
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