Abstract
In this chapter, Crammond discusses the origins, and ever-evolving concept, of entrepreneurship through time. Exploring many perspectives in relation to entrepreneurship, Crammond highlights the many economic, philosophical, political, and sociological considerations of entrepreneurship, as evolved understandings became increasingly apparent through the nineteenth and twentieth centuries. Drawing on seminal understandings of entrepreneurship and original economic activity, this chapter conceptually progresses the notions of entrepreneurship, rooted in economic theory, towards its impact on modern business and society today. ‘Entrepreneurship: Origins and Nature’ concludes by discussing many examples of entrepreneurship in practice, and crucially, how this benefits business and education in the twenty-first century.
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