Entrepreneurship and Business Creation – a Theoretical Approach

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Entrepreneurship and Business Creation – a Theoretical Approach

Journal Title: Ancient Land - Year 2025, Vol 7, Issue 2

Abstract

This study examines key theoretical aspects of entrepreneurship and business creation, starting with its definition and exploration as a research field. It highlights major theoretical contributions, reviews the stages of business creation, and analyzes factors influencing the process. The central question explores how entrepreneurship manifests as a multidimensional concept across different paradigms and its impact on understanding and practical applications. Findings indicate that entrepreneurship is a complex phenomenon with no single definition due to its diverse contexts. This has led to multiple theories attempting to explain its nature. Similarly, perspectives on business creation stages vary, each emphasizing different factors. The study underscores that these factors must interact for effective business creation. A multidimensional perspective, integrating economic, social, and psychological aspects, provides a deeper understanding and facilitates better-adapted policies. An integrative approach combining various theoretical dimensions is essential for developing strategies that support entrepreneurs and enhance business success. Understanding entrepreneurship’s complexity aids in designing policies that foster innovation and job creation, contributing to economic and social development. Treating entrepreneurship as a multidimensional phenomenon allows for greater flexibility in decision-making and more effective support systems, maximizing its impact on society and the economy.

Authors and Affiliations

Salakdji Laid, Ouarem Laid, Amara Boudjema, Hamza Djahnit

Keywords

EP ID EP760958
DOI 10.36719/2706-6185/44/158-172
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