Contextualizing Entrepreneurship—Conceptual Challenges and Ways Forward

  title={Contextualizing Entrepreneurship—Conceptual Challenges and Ways Forward},
  author={Friederike Welter},
  journal={Entrepreneurship Theory and Practice},
  pages={165 - 184}
  • F. Welter
  • Published 1 January 2011
  • Business
  • Entrepreneurship Theory and Practice
This paper sets out to explore contexts for entrepreneurship, illustrating how a contextualized view of entrepreneurship contributes to our understanding of the phenomenon. There is growing recognition in entrepreneurship research that economic behavior can be better understood within its historical, temporal, institutional, spatial, and social contexts, as these contexts provide individuals with opportunities and set boundaries for their actions. Context can be an asset and a liability for the… 
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