Entrepreneurship is a young field of study without a commonly accepted definition. Generally, the term denotes creation of new businesses. Shane and Venkataraman describe it as “the scholarly examination of how, by whom, and with what effects opportunities to create future goods and services are discovered, evaluated, and exploited” and “involves the study of sources of opportunities; the processes of discovery, evaluation, and exploitation of opportunities; and the set of individuals who discover, evaluate, and exploit them”(2000: 218). According to Arnold Cooper, one of the pioneers in this field, “Entrepreneurial ventures, whether independent or within established corporations, might be viewed as experiments. They test to determine the size of particular markets or whether particular technologies or ways of competing are promising” (2001 interview, no page). Topics explored so far include characteristics of entrepreneurs, opportunity recognition, venture management, causes of new...
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References
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Liu, Z.(., Enz, C.A. (2014). Entrepreneurship, tourism. In: Jafari, J., Xiao, H. (eds) Encyclopedia of Tourism. Springer, Cham. https://doi.org/10.1007/978-3-319-01669-6_70-1
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Entrepreneurship in Tourism- Published:
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DOI: https://doi.org/10.1007/978-3-319-01669-6_70-2
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DOI: https://doi.org/10.1007/978-3-319-01669-6_70-1