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See discussions, stats, and author profiles for this publication at: The Role of Different Theories in Explaining Entrepreneurship Article · March 1998 Source: CiteSeer CITATIONS 26 READS 3,099 1 author: Markku Virtanen Emind Oy 26 PUBLICATIONS 100 CITATIONS SEE PROFILE All in-text references underlined in blue are linked to publications on ResearchGate, letting you access and read them immediately. Available from: Markku Virtanen Retrieved on: 16 August 2016
1 Virtanen, M. (1997), The Role of Different Theories in Explaining Entrepreneurship. In Kunkel, S (ed.), Entrepreneurship: The Engine of Global Economic Development. Journal of Best Papers of the 42nd World Conference, International Council for Small Business 1997. San Francisco, June 1997. The role of different theories in explaining entrepreneur- ship 1 Markku Virtanen Helsinki School of Economics and Business Administration Small Business Center Puistokatu 1 SF-50100 MIKKELI FINLAND Tel: +358 - 40 – 754 5539 Fax: +358 - 15 - 2050 499 Internet:markku.virtanen @ Abstract This paper addresses the questions why it is difficult to explain and predict entrepre- neurship by approaching the questions from former theories. The paper suggests that devel- opment of an approach where the motivation, why entrepreneurs decide to start a new ven- ture, should be highlighted and taken into account when choosing the theoretical framework. Motivation is thought to act as framework in different economic and social contexts. Considering the former research it is suggested that small businesses and new ventures could be classified into different categories that possess different antecedent variables and environmental characteristics (e.g. Vesper, 1980, Gartner et. al., 1989). Different theories of entrepreneurship give us already now a rich background where from to proceed in empirical analysis but different theories and different methodologies should be chosen according to context of the study. 1 This is a revised version of a paper presented in the ICSB Conferencein San Francisco in June 1997. Financial support from Yrjö Uitto Foundation and the Foundation of Private Entre- preneurs is gratefully acknowledged.