Community entrepreneurship development: an introduction

Michael W.P. Fortunato, Theodore Roberts Alter

Research output: Contribution to journalArticle

21 Scopus citations

Abstract

An emerging area of scholarship can be found at the nexus between entrepreneurship and community development. Beyond a mere focus on firms and their contributions, this growing nexus in the literature seeks to understand the complex ways that entrepreneurs benefit their communities, and that communities enhance or inhibit entrepreneurship. This exploration is fundamentally economic, sociological, psychological, strategic, behavioral, and cultural; it should incorporate many contributions of scholars across a wide range of disciplines. This introductory article examines the current state of research at the nexus of community and entrepreneurship, and conceptually positions entrepreneurship as deeply embedded in – and inseparable from – community, social, and economic structures. The article presents community entrepreneurship development as a multidimensional and challenging strategy economically speaking, but one that produces many benefits beyond economic growth. The article discusses both the challenges and benefits of promoting entrepreneurship in the community, presents the articles comprising the special issue, and ends with a call to action and scholarship in this exciting conceptual space.

Original languageEnglish (US)
Pages (from-to)444-455
Number of pages12
JournalCommunity Development
Volume46
Issue number5
DOIs
StatePublished - Oct 20 2015

All Science Journal Classification (ASJC) codes

  • Geography, Planning and Development
  • Sociology and Political Science

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