The forgotten heroe: entrepreneur one (E1)

Abstract

Purpose: Western influence on entrepreneurship is well known. However, other emerging perspectives can foster new ways to approach it. The Schumpeterian view has been the dominant lens when analyzing the entrepreneur (E2) (Thurik et al.,2023). However, this does not reflect the reality of the vast regions of both the Global North and South, where entrepreneurs (E1) within nano, micro, and small businesses, who support national economies, are confronted with a different context. For us, this is the real and original entrepreneur that deserves more attention in both the literature and public policies. Study design/methodology/approach : A scoping literature review was conducted to develop a theoretical model of E1 dimensions and elements. Findings : The context requires E1 to possess characteristics distinct from those of E2 in order to successfully maintain its entrepreneurial venture. Originality/value : To the best of our knowledge, the entrepreneurship literature has no similar approach. Public policies can be developed and implemented more efficiently, specifically for E1, which could have a positive impact on the national and regional economies.