Sociological Theories of Entrepreneurship

What are the sociological theories of entrepreneurship?

Sociological Theories of Entrepreneurship are developed by sociologists interested in the ways entrepreneurs interact with other people in a society.

Necessity versus opportunity entrepreneurship
There are two different types of entrepreneurs with different incentives and consequences.

Institutional theory and entrepreneurship
Entrepreneurs need to build legitimacy in order to succeed in business.

Emancipation theory and entrepreneurship
Views the entrepreneur as leading a process of emancipation.

Withdrawal of status respect theory of entrepreneurship
Takes a long run perspective examining the entrepreneurial tendencies of whole cultural populations.

Social capital theory of entrepreneurship
This theory views the entrepreneur’s social capital as the most important determinant of entrepreneurial entry and success.

Population ecology of entrepreneurship
Views entrepreneurs as variations in an evolutionary process akin to natural selection.

Information processing theory of entrepreneurship
This theory views humans as inherently limited information processors and focuses on organizing in ways that optimize information processing.

Social network theory of entrepreneurship
The structure of social networks and their component parts may influence entrepreneurship.

Social identity theory and entrepreneurship
This theory focuses on the individual’s self-perception as the main driver of entrepreneurial behaviors.

Critical theory of entrepreneurship
Critical theory questions the assumptions and approaches to entrepreneurship research currently in use.

Weak ties theory of entrepreneurship
The main idea is that opportunities comes from acquaintances not form close friends.

Embeddedness theory of entrepreneurship
The theory looks at the entrepreneurs as part of a web of durable social relations that constraint and enable them.

Social judgement theory
The theory looks to the perceptions of others as a constraint for new entrepreneurs and their ventures.

Diffusion of innovations theory
This theory puts the emphasis on innovations and how they diffuse according to a regular process.


Relevant questions: What are the sociological theories about entrepreneurship? What theories from sociology explain and predict entrepreneurship phenomena?