Entrepreneurship Theories Radar

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The Strategic Theory Radar

Select any theory below to see its diagnostic profile. This tool maps over 50 frameworks across the five core dimensions of entrepreneurship.

Choose a Framework: Cantillon (Functional) Schumpeter (Creative Destruction) Knight (Risk & Uncertainty) Kirzner (Alertness) J.B. Say (Coordinator) Baumol (Productive/Destructive) Casson (Judgment) X-Efficiency Theory Transaction Cost Information Asymmetry Knowledge Spillover McClelland (N-Ach) Locus of Control Dark Triad / Narcissism Impulsivity / ADHD Self-Efficacy Ambiguity Tolerance Hubris Theory Regulatory Focus Max Weber Social Capital/Network Institutional Theory Embeddedness Cultural Dimensions Feminist Theory Indigenous Entrepreneurship Family Entrepreneurship Hoselitz (Marginal Man) Effectuation (Sarasvathy) Bricolage Resource-Based View (RBV) Lean Startup (Blank/Ries) Dynamic Capabilities Disruptive Innovation First Mover Advantage Real Options Agency Theory Stewardship Theory Stakeholder Theory Contingency Theory Neurodiversity Toxoplasmosis (Brain Parasite) Genetic Theory Population Ecology External Enablers Slacker Theory Born Global Startups Experiential Learning

Schumpeter's Theory

Highly focused on radical innovation and economic disruption (Creative Destruction). High systemic risk, but primarily an economic analysis rather than individual cognition.

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Dimension Glossary

How we calculate the strategic profile of each framework.

1. Innovation

Measures the emphasis on novelty, market disruption, and new combinations.

High: Schumpeter, Disruptive Innovation

Low: Arbitrage, Imitative Models

2. Risk & Uncertainty

Measures the focus on navigating the unknown and bearing potential loss.

High: Knight, Cantillon, Toxoplasmosis

Low: Planned Management, Optimization

3. Action

Focuses on the "process"—the tools and methods used to build a venture.

High: Lean Startup, Bricolage, Effectuation

Low: Historical or Macro-Economic Theory

4. Cognition

Focuses on the mindset, psychology, traits, and alertness of the individual.

High: Kirzner, N-Ach, Self-Efficacy

Low: Population Ecology, Institutional

5. Social Impact

Measures value creation beyond private economic profit (community/ethics).

High: Indigenous, Social Ent, Feminist

Low: Agency Theory, Shareholder Value