The Wellbeing of Women in Entrepreneurship

1  The multiplier effect of wellbeing of women entrepreneurs

A practical approach and a personal account

Maria-Teresa Lepeley

Introduction

In his pioneering 1934 book, “Theory of Economic Development”, J. A. Schumpeter defined entrepreneurs as “those free spirits who will change the world and their creativity will displace old structures and will replace them with new ones”. Schumpeter created entrepreneurship. He coined the concept “creative destruction” to couple innovation and entrepreneurial drive as necessary condition for progress, economic growth, and human centered sustainability. He stresses that entrepreneurial forces daunt power concentration and monopolies with potential to deter markets that make societies thrive. In the 21st century ...