Entrepreneurship Theory: Possibilities and Future Directions

The paper focuses on where, how, and when entrepreneurial firms arise; a theoretical knot that is both intriguing and challenging and to be untied. According to the author, the overall implication of the paper is that because emergence is a multilevel
phenomenon, entrepreneurship theory building has to pay attention to the interactions among cognition, organization, and industry levels of analyses,
although testable models tend to isolate these levels.