A Dialogue with William J. Baumol: Insights on Entrepreneurship Theory and Education

15 Pages Posted: 13 Jul 2012

See all articles by Mark D. Griffiths

Mark D. Griffiths

Miami University of Ohio - Department of Finance

Jill Kickul

University of Southern California - Marshall School of Business

Sophie Bacq

affiliation not provided to SSRN

Siri A. Terjesen

Norwegian School of Economics (NHH); American University

Date Written: July 2012

Abstract

This interview and commentary addresses key issues in entrepreneurship by highlighting William Baumol's contributions and his personal insights. We emphasize the multilevel approach that entrepreneurship research should adopt, and that assumptions underlying the research are too often unstated, rendering comparison between studies difficult. Baumol argues for more experimentation and government support of research on ways to improve the teaching of innovative entrepreneurship, since there is little evidence on what works and what does not. The discussion stresses that entrepreneurship is a multifaceted phenomenon that varies depending on context, the level of innovation, and its impact on society. Consequently, entrepreneurship research requires the development of an encompassing paradigm, appropriate educational methods, and study of the institutions that provide the most desirable incentives.

Suggested Citation

Griffiths, Mark D. and Kickul, Jill and Bacq, Sophie and Terjesen, Siri A., A Dialogue with William J. Baumol: Insights on Entrepreneurship Theory and Education (July 2012). Entrepreneurship Theory and Practice, Vol. 36, Issue 4, pp. 611-625, 2012. Available at SSRN: https://ssrn.com/abstract=2104606 or http://dx.doi.org/10.1111/j.1540-6520.2012.00510.x

Mark D. Griffiths

Miami University of Ohio - Department of Finance ( email )

Oxford, OH 45056
United States

Jill Kickul

University of Southern California - Marshall School of Business ( email )

701 Exposition Blvd
Los Angeles, CA 90089
United States

Sophie Bacq

affiliation not provided to SSRN

Siri A. Terjesen

Norwegian School of Economics (NHH) ( email )

Helleveien 30
Bergen, NO-5045
Norway

American University ( email )

4400 Massachusetts Ave, NW
Washington, DC 20016
United States

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