Entrepreneurship Theory: New challenges and future prospects

Abstract

To enable the sustainable development of the entrepreneurship theory its agenda needs comprehensive adjustments, and refocusing on new areas such as social, institutional entrepreneurship, etc. Research in the field should go beyond Western societies, covering the so-called transitional economies and emerging markets There are some very important contextual differences between these societies, which make the entrepreneurship specific and make the investigation of new institutions and actors important, which might become challenging subjects of the future entrepreneurship theory.