Contemporary entrepreneurship: An overview

Abstract

The analysis of modern capitalism is an analysis of economic, occupational and social dynamics, which are inherent to capitalism and which give color and contribute to the speed of economic development. New terms and semantics diffuse into our vocabulary, such as economy 5.0, 2.0 world, iConomy, or cloud working, which transport ideas of economic and social progress, prosperity and well-being. These terms are closely linked to thought about entrepreneurship and individual entrepreneurs in a changing world. The article provides a brief overview and introduction to selected elements of that discussion. Specifically, by referring to classics such as Adam Smith, Joseph Schumpeter and Israel Kirzner, authors endeavor to relate contemporary entrepreneurship to items of classic thought in the history of economics. The evolving discussion leads automatically to recent research questions. Finally, the structure of the book is explained and the individual sections and contributions are introduced.