Entrepreneurial and Small Business Operations Commons^™

Entrepreneurship Theory And The Poverty Of Historicism., Patrick Murphy

Patrick J. Murphy

Purpose – The author applies methodological concepts from The Poverty of Historicism to contemporary research in the area of entrepreneurship. This paper aims to explain why current theoretic models do not adequately explain entrepreneurial phenomena and to present outlines of a

distinct entrepreneurship research paradigm.

Design/methodology/approach – The author examines the essay from the perspective of a historian and then summarizes its concepts. Next, the author reviews the current state of entrepreneurship research and theory and applies concepts from the essay to its contemporary

challenges. Finally, the author presents five implications.

Findings – The five implications are that entrepreneurship research …