Essay on the Nature of Commerce in General

Cantillon, Richard

doi:10.4324/9781351311526

Cited by 50 publications

(51 citation statements)

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“…This is significant because over the last quarter of a century there has been a remarkable renaissance in terms of the recognition of small firms (McFarlane, 2016). Cantillon, (1755) was the first economist to acknowledge the entrepreneur as a key economic factor in his post humors he introduced the concept of entrepreneurs (Hisrich, Peters & Shepherd, 2009).The earlier period development of the theory of entrepreneurship parallels to a great extent the development of the term entrepreneurship. The word entrepreneur is French and literally, was translated to mean "between-taker" or "go-between" (Saleemi, 2011).…”

Section: Global Entrepreneurship Conceptsmentioning

confidence: 99%

Effects of Microfinancing on Performance of Entrepreneurship: A Study of Selected Counties in Western Kenya

Madara¹,

Onyango²,

Nyagol³

2020

IJARBSS

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Micro and Small Enterprises (MSEs) play a key role in economic development of the informal sector of many nations. Vast literature on MSEs growth cites financial challenges for startups and working capital. To address this gap, Many Microfinance Institutions have targeted Micro-Entrepreneurs with credit, savings products however; limited studies have addressed the extent in which such initiatives have stimulated the entrepreneurial spirit of individuals targeted. Kisumu, Siaya and Vihiga counties of Western Kenya which were targeted in this study lie in the same economic belt and share similar business culture. The Micro Financing Services explored in the study included Microcredit and Savings Mobilization. The study targeted 65,698 MSEs out of which a sample of 398 was selected. The study purposed to examine the effects of Micro financing services on the performance of MSEs. The study employed descriptive survey design and used structured questionnaires to collect primary data. Data was analyzed using statistical software (SPSS) and presented in descriptive and inferential statistics. The study found that access to microcredit and savings mobilization as independent variables significantly explains the variance in MSE Performance. The study conclusion is that micro-financing contribute to MSEs growth and expansion. The study recommends Public-Private-Partnership whereby Government provides guarantee funds to financial institutions who advance loans to MSEs, as well Government to provide tax incentives to financial institutions that specializes in financing the MSEs sector in Kenya. An in-depth study could be conducted to find out if, financing of MSEs contribute to increase in employment.

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Section: Global Entrepreneurship Conceptsmentioning

confidence: 99%

Effects of Microfinancing on Performance of Entrepreneurship: A Study of Selected Counties in Western Kenya

Madara¹,

Onyango²,

Nyagol³

2020

IJARBSS

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“…The theory of the entrepreneur economics has been actively studying both the very concept of entrepreneurship, first introduced by R. Cantillon [1], and its relation to risk. Although it was initially assumed that entrepreneurs work under risk conditions, many researchers later began to argue that the desire for risk is the main feature of an entrepreneur [2][3][4].…”

Section: The Theoretical Justification Of the Entrepreneurial Capitalmentioning

confidence: 99%

Entrepreneurial capital of the region: the concept, manifestations and spatial localisation

Пономарев

2019

Balt. Reg.

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An important element of the explanation why an entrepreneur carries out high-risk transactions is the evaluation and analysis of her or his inner qualities. Thus, there is a need to identify the connection between entrepreneurial risk and capital. At the regional level, there is an ongoing academic discussion as to who the carrier of entrepreneurial capital is and how this capital can be measured and evaluated in view of its direct influence on the business environment and economic growth opportunities of a certain territory. This article presents the findings of a study into the complex structure of the concept of regional entrepreneurial capital and establishes how this concept is connected with such categories as entrepreneurial spirit, entrepreneurial substance, and entrepreneurial ability. Using an estimate of the number of economic entities (individual entrepreneurs and farmers; small, medium, and large enterprises) per 1,000 population, the study demonstrates cross-regional differences in entrepreneurial activity as a manifestation of entrepreneurial capital, including those in the Northwestern Federal District.

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“…In the 1830s, French economist Cantillon first proposed the concept of entrepreneur in his Introduction to the Nature of Business. He believed that Entrepreneurship was affected by the uncertainty of the environment.Able to take potential risks in an uncertain environment [1] 。 At present, the study of entrepreneurship, much attention has been paid to both at home and abroad comes to economics, sociology, anthropology, and management, and other fields, due to the complexity of entrepreneurship, as well as research scholars research areas and the different Angle of view, the concept of entrepreneurship has not been a unified explanation, entrepreneur spirit appears diversification direction, based on the literature review,Representative Definitions (Table 1) While at home and abroad on the definition of the definition of entrepreneurship to unification, but according to the literature review, the total without innovation, adventure, dedication and cooperation of this a few words, in addition, entrepreneurship is divided into individual level, group level and social level, involving related fields such as economics, sociology, management, entrepreneurship is a research focus in the broad,Plays an important role in all aspects of entrepreneurship and enterprise. This paper holds that entrepreneurship includes the spirit carried by entrepreneurs themselves at the individual level, and the spiritual qualities learned and accumulated during the growth of entrepreneurs.…”

Section: Introductionmentioning

confidence: 99%

Research on the theory of entrepreneurship Innovation at the individual level

Bai

2021

E3S Web Conf.

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In recent years, entrepreneurship has increasingly become a hot topic for scholars to study innovation and other fields from the perspective of entrepreneurship, especially the research on the characteristics of entrepreneurship and the mechanism of innovation. These scholars are interested in innovation. Starting from the concept of entrepreneurship and the theory of entrepreneurship at the individual level, this paper discusses the innovation mechanism of entrepreneurship by summarizing and combing the research results of entrepreneurship at home and abroad. Based on the analysis of relevant theories, this paper enriches the relevant theories of entrepreneurship and innovation, and lays a theoretical foundation for exploring the research of entrepreneurship that affects innovation.

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Essay on the Nature of Commerce in General

Cited by 50 publications

References 0 publications

Effects of Microfinancing on Performance of Entrepreneurship: A Study of Selected Counties in Western Kenya

Effects of Microfinancing on Performance of Entrepreneurship: A Study of Selected Counties in Western Kenya

Entrepreneurial capital of the region: the concept, manifestations and spatial localisation

Research on the theory of entrepreneurship Innovation at the individual level

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