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Dual Modes of Entrepreneurship: Revolution and Evolution in the Entrepreneurial Process
Author(s) -
Beng Cheah Hock
Publication year - 1993
Publication title -
creativity and innovation management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.148
H-Index - 60
eISSN - 1467-8691
pISSN - 0963-1690
DOI - 10.1111/j.1467-8691.1993.tb00103.x
Subject(s) - entrepreneurship , dominance (genetics) , phenomenon , perspective (graphical) , alternation (linguistics) , context (archaeology) , positive economics , mode (computer interface) , dual (grammatical number) , neoclassical economics , economics , economic geography , sociology , epistemology , computer science , philosophy , geography , artificial intelligence , biology , biochemistry , linguistics , archaeology , finance , gene , operating system
This paper offers a contribution to entrepreneurship theory and aims to promote a new perspective of the phenomenon. It suggests that entrepreneurship may be conceived in two different modes: an evolutionary mode and a revolutionary mode. This distinction leads to a consideration of the differences between the two modes, and the nature of their interaction over time. It will be argued that this interaction leads to an alternation in the relative dominance of these two modes, and that this changes both the context and the significance of different types of entrepreneurial activities over time.