Abstract
Entrepreneurial inspiration may have significant effects on the entrepreneur, the entrepreneurial process and people involved. Yet, the role of entrepreneurial inspiration is currently a largely overlooked phenomenon in contemporary entrepreneurship research. Recent findings in psychology literature indicate that inspiration plays a key part in creative processes and may have significant transformative cognitive, emotional and behavioral effects. Based on these insights we propose to extend the existing entrepreneurial process model of Lumpkin et al. (2004) to include a transformation phase with an element of extension. This is in order to recognize the transformative effects of the entrepreneurial process on both the entrepreneur and others involved. As a consequence of the theoretical development seven propositions and new interesting areas of future research are outlined both concerning entrepreneurial inspiration and the entrepreneurial process in general.
| Original language | English |
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| Title of host publication | Proceedings of RENT XXX - Research in Entrepreneurship and Small Business : Innovation, Relational Networks, Technology and Knowledge Transfer as Drivers of Global Competitiveness |
| Publisher | EIASM - European Institute for Advanced Studies in Management |
| Publication date | 18.11.2016 |
| Publication status | Published - 18.11.2016 |
| MoE publication type | A4 Article in conference proceedings |
| Event | Research in Entrepreneurship and Small Business (RENT) XXX - Antwerpen, Belgium Duration: 16.11.2016 → 18.11.2016 Conference number: 30 |
Publication series
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| ISSN (Electronic) | 2219-5572 |
Keywords
- 512 Business and Management
- 113 Computer and information sciences