What are the sociological theories of entrepreneurship?
Entrepreneurs need to build legitimacy in order to succeed in business.
Views the entrepreneur as leading a process of emancipation.
Takes a long run perspective examining the entrepreneurial tendencies of whole cultural populations.
This theory views the entrepreneur’s social capital as the most important determinant of entrepreneurial entry and success.
Views entrepreneurs as variations in an evolutionary process akin to natural selection.
This theory views humans as inherently limited information processors and focuses on organizing in ways that optimize information processing.
The structure of social networks and their component parts may influence entrepreneurship.
This theory focuses on the individual’s self-perception as the main driver of entrepreneurial behaviors.
Critical theory questions the assumptions and approaches to entrepreneurship research currently in use.
The main idea is that opportunities comes from acquaintances not form close friends.
The theory looks at the entrepreneurs as part of a web of durable social relations that constraint and enable them.
The theory looks to the perceptions of others as a constraint for new entrepreneurs and their ventures.
This theory puts the emphasis on innovations and how they diffuse according to a regular process.
An emerging literature that recognizes the importance of informal types of entrepreneurship.
Source: Moore's Sociology