When Researchers Attempt to Define Entrepreneurship, There Is a Risk

question 15

Multiple Choice

When researchers attempt to define entrepreneurship, there is a risk of relying upon what American sociologist Mark Granovetter calls over-socialized or under-socialized explanations. An over-socialized explanation implies a tendency to:

• A) insist that structures create the individual
• B) believe that the entrepreneur identifies and acts on opportunities, more or less unaffected by surroundings
• C) imply that the individual creates the structures
• D) view the individual and human agency as playing a crucial role in the course of events
• E) view the entrepreneur as a marionette in the structures
• F) view institutions and structures as the factors which spark and create the course of events

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Definitions:

Entry Fees

charges that must be paid to gain access to a service, event, or establishment.

Regressive Tax

A tax levied at a rate that decreases as the taxpayer's income increases, placing a heavier burden on low-income individuals.

Federal Inheritance Tax

A tax imposed by the federal government on the transfer of estate from a deceased person to their beneficiaries or heirs.