Abstract
This chapter critically examines the entrepreneurial theories of classical, neo-classical, and modern schools of thought. The Marshallian and Kirzner’s theories have been discussed, which have emerged from classical school of thought. The classical arguments have been further linked to the theories of neo-classical school of thought represented by Schumpeter and arguments made in the gatekeeping concepts of entrepreneurial growth. This chapter further discusses the modern school of thought comprising stewardship theory, social cognition theory, business modeling, and digitization. The epistemological transition between classical and neo-classical, and neo-classical and modern schools of thought has been discussed in this chapter to bridge the contextual knowledge across the philosophies on entrepreneurship.
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Rajagopal, A. (2021). Review of Entrepreneurial Epistemologies. In: Epistemological Attributions to Entrepreneurial Firms. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-64635-6_2
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DOI: https://doi.org/10.1007/978-3-030-64635-6_2
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