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Opportunities And Threats Of Entrepreneurship

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Organizations worldwide are facing new opportunities and threats caused by several mutative forces, including “technological disruption, fluctuating economies or demographical changes” (Toma et al., 2014). Entrepreneurship has gradually gone into the view of the public, as well as scholars, in order to tackle the changing forces (Castaño et al., 2015; Toma et al., 2014). It may positively influence on economic growth due to the entrepreneurial activities it causes. Thus, scholars have shown increasing interest in entrepreneurship (Ácset al., 2013; Audretsch et al. 2006; Caree et al., 2010; Harper, 2003; Naudé, 2011; Shane et al., 2000; Soriano et al., 2011; Stel et al., 2005; Szirmai et al., 2011; Walzer, 2009). A large number of definitions of entrepreneurship have appeared during the past decades. One of the reasons is based on the fact that entrepreneurship represents different phenomenon in different aspects, “being analyzed as a process, a resource or a state-of-being” (Naudé, 2013). Thus, it is too complicated to propose the definition through a simple explanation. Naudé (2013) argues that three main categories of definitions of entrepreneurship have formed: “behavioral definitions” (Kirzner, 1973; Schumpeter et al., 1934); “occupational definitions” (Evans et al.,1989); “synthesis definitions” (Gries et al., 2011). However, a gradually popular definition was proposed: “Entrepreneurship is a process that involves the discovery, evaluation, and exploitation of

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