Entrepreneurship as an area of psychology study: An Introduction

Research output: Contributions to collected editions/worksChapterpeer-review


Entrepreneurship is fundamentally personal. Although entrepreneurship research has shown that there are multiple personal, organizational, and external causes of successful new venture creation (Baum, Locke, & Smith, 2001; Rauch & Frese, 2000), it takes human vision, intention, and work to conceive and convert business ideas to successful products and services. Through their thinking and action, entrepreneurs themselves integrate human and financial resources to organize, produce, and market products and services that yield value for customers and workers.
Original languageEnglish
Title of host publicationThe Psychology of Entrepreneurship
EditorsJ. Robert Baum, Michael Frese, Robert A. Baron
Number of pages18
Place of PublicationMahwah
PublisherLawrence Erlbaum Associates
Publication date2007
ISBN (Print)0-8058-5062-7, 9780805850628
ISBN (Electronic)9781317613794
Publication statusPublished - 2007
Externally publishedYes