Who is an entrepreneur? -- Images of entrepreneurial groups -- Empirical puzzles -- Group formation -- Boundaries of the startup firm -- Allocation of rewards and control -- Effort and opportunism -- Innovation -- Goals and group dynamics -- Implications and extensions
Summary
Recent surveys show that more than half of American entrepreneurs share ownership in their business startups rather than going it alone, and experts in international entrepreneurship have likewise noted the importance of groups in securing microcredit and advancing entrepreneurial initiatives in the developing world. Yet the media and many scholars continue to perpetuate the myth of the lone visionary who single-handedly revolutionizes the marketplace. The Entrepreneurial Group shatters this myth, demonstrating that teams, not individuals, are the leading force behind entrepreneurial startups
