Previous definitions from the literature don’t explore and determine: the last word outcome of know-how entrepreneurship; the goal of the final word outcomes; the mechanism used to deliver the final word outcomes; or the nature of the interdependence between expertise entrepreneurship and scientific and technological advances.
A few of the most poignant criticisms of expertise are present in what are actually considered to be dystopian literary classics equivalent to Aldous Huxley ‘s Brave New World , Anthony Burgess ‘s A Clockwork Orange , and George Orwell ‘s Nineteen Eighty-Four In Goethe’s Faust , Faust promoting his soul to the devil in return for energy over the physical world can be usually interpreted as a metaphor for the adoption of business know-how.
It’s about managing joint exploration and exploitation, the place each particular person has roles and tasks in collaboratively and cooperatively moving forward towards carrying out shared objectives ( Lindenberg and Foss, 2011 ). Expertise entrepreneurship is about investing in and executing the corporations’ tasks, not just recognizing know-how or market opportunities.
On this article, the journal articles on expertise entrepreneurship printed since 1970 are categorised into eight themes, the journals the place these articles have been published are examined, and the varied definitions of know-how entrepreneurship discovered within the literature are recognized.