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Whether Entrepreneurship Is Best Explained by Trait or Process

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Entrepreneurship scholarship has not settled whether the field is best studied through the functionalistic (trait-based) approach, which focuses on the individual entrepreneur's own characteristics and actions, or the processual (contextual) approach, which studies the interplay between the entrepreneur and their surrounding context.

What would resolve this A unifying framework, or a body of empirical work the field broadly accepts as decisive, that reconciles or replaces the trait-based and process-based perspectives.
OpenEntrepreneurship studies and management theoryWikipedia, Entrepreneurship
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Source Wikipedia, Entrepreneurship
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Wikipedia, Entrepreneurship
Wikipedia
  • Lead section
    Entrepreneurship is the creation or extraction of economic value through identification and commercialization of opportunities to deliver products or services, a process that typically requires considerable innovation, initiative, and risk-taking to establish and grow an enterprise.
  • Question On: Entrepreneurship
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