9HOW IS ENTREPRENEURSHIP STUDIED IN INTERNATIONAL BUSINESS?
Andreea Kiss and Sjoerd Beugelsdijk
Introduction
The origins of entrepreneurship research can be traced back to the economics discipline. The French economist Richard Cantillon is generally credited with being the first to coin the term entrepreneurship (circa 1730). Loosely, he defined entrepreneurship as self-employment of any sort, and entrepreneurs as risk-takers, in the sense that they purchased goods at certain prices in the present to sell at uncertain prices in the future (OECD, 2006, 2008). With the increased recognition of the important role of entrepreneurs in the economic system by Smith, Marshall, Say, and Schumpeter came the ambition to further unravel the role of entrepreneurial ...
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