Whatever Happened to our Understanding of Entrepreneurship

Abstract

As a member of training community, I was often struck with this wonderment. Particularly, since my involvement with the unique educational intervention, the Entrepreneurship Development Institute of India made in 19981. Whatever happened to our understanding of entrepreneurship! Training in entrepreneurship development seems to have trapped in a narrow definition of 'doing business', The 'market gap-filling' and 'input-completion' functions, and 'creative destruction' of long-run equilibrium sort of perspectives, are almost relegated to inaccessible and uncomfortable paradigms'. Neglecting the means nature of an entrepreneur, training programmes have become increasingly (ore-determined) result- (or in other words target-) oriented.