Forthcoming in "Nature of Leadership", 3rd edition. Edited by David V. Day and John Antonakis. SAGE Publications
46 Pages Posted: 5 Jun 2017
Date Written: May 31, 2017
Entrepreneurship is one of the strongest forces shaping the societies of the 21st century. All around the world, people are taking initiative to pursue opportunities for their own financial gain, for their personal development, for the sake of their families, for customers’ sake, and for the betterment of their societies. Big questions, then, arise concerning he relationship between leadership and entrepreneurship. How do you lead the entrepreneurial workforce of millennials and generations after them, who have little trust in formal authorities and want to make a meaning through their work? What is the relationship between entrepreneurship and leadership in informal markets and developing country contexts? How do you lead an emerging organization that is pursuing entrepreneurial opportunities with lots of enthusiasm, but still lacks structure, legitimacy, and any history in “how things are usually done around here”? And what might be the role of leadership in those large corporations that are fighting for their market share in an increasingly transparent environment where stakeholders, including customers, are not only interested in the quality and price of the goods they purchase, but also in the values and practices of the company that stands behind the products? These are some of the questions that research has started to address under the topic of entrepreneurial leadership. In this chapter, you will get an overview of what has been said on this style of leadership, what it means for leadership practice, and what are some of the critical next questions about entrepreneurial leadership that need answering.
Keywords: entrepreneurship, leadership, entrepreneurial leadership
JEL Classification: M12, M13, M14
Suggested Citation: Suggested Citation