Examining the transformational power of entrepreneurship

Abstract

Transformation is about change and nowhere is that more apparent than in the field of entrepreneurship. Entrepreneurs create products, services, and organizations by bringing resources and people together and combining them in new ways. This chapter examines individual and idea transformation that leads to purpose-driven entrepreneurship. We consider changes to university entrepreneurship programs, consumer and market transformations, and reach even further to societal and global transformations. Throughout all of these transformations, we hold the development of empathy to be most central to entrepreneurs seeking to change the markets and communities in which they do business.