The Social Effects of Entrepreneurship on Society and Some Potential Remedies: Four Provocations

Tim Weiss*, Robert Eberhart, Michael Lounsbury, Andrew Nelson, Violina Rindova, John Meyer, Patricia Bromley, Rachel Atkins, Trish Ruebottom, Jennifer Jennings, Dev Jennings, Madeline Toubiana, Angelique Slade Shantz, Niki Khorasani, Daniel Wadhwani, Hannah Tucker, David Kirsch, Brent Goldfarb, Howard Aldrich, Daniel Aldrich

*Corresponding author for this work

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Abstract

A rapidly growing research stream examines the social effects of entrepreneurship on society. This research assesses the rise of entrepreneurship as a dominant theme in society and studies how entrepreneurship contributes to the production and acceptance of socio-economic inequality regimes, social problems, class and power struggles, and systemic inequities. In this article, scholars present new perspectives on an organizational sociology-inspired research agenda of entrepreneurial capitalism and detail the potential remedies to bound the unfettered expansion of a narrow conception of entrepreneurship. Taken together, the essays put forward four central provocations: 1) reform the study and pedagogy of entrepreneurship by bringing in the humanities; 2) examine entrepreneurship as a cultural phenomenon shaping society; 3) go beyond the dominant biases in entrepreneurship research and pedagogy; and 4) explore alternative models to entrepreneurial capitalism. More scholarly work scrutinizing the entrepreneurship–society nexus is urgently needed, and these essays provide generative arguments toward further developing this research agenda.
Original languageEnglish
JournalJournal of Management Inquiry
Volume32
Issue number4
Pages (from-to)251-277
Number of pages27
ISSN1056-4926
DOIs
Publication statusPublished - Oct 2023

Bibliographical note

Epub ahead of print. Published online: 20 June 2023.

Keywords

  • Business & society
  • Entrepreneurship
  • Innovation
  • Education
  • Organization theory

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