Introduction to Entrepreneurship discusses entrepreneurship as an academic discipline, providing a brief history. It highlights some of the main contributors to the field, including Richard Cantillon in the 17th century, Jean-Baptiste Say in the 18th century, and Joseph Schumpeter in the early 20th century, known for emphasizing how entrepreneurs drive innovation and economic change. Later contributors mentioned include William Baumol, David McClelland, and Peter Drucker, all influential 20th century thinkers who helped establish entrepreneurship as a formal area of study.

1. Introduction to Entrepreneurship
Compiled by: PLAN 9

2. AGENDA OF
THE VIDEO
 What is an academic
discipline?
 The history of
entrepreneurship as a
field of study?
 The main contributors

3. WHAT IS DISCIPLINE?
• Discipline is a particular area of study, especially a
subject of study in a college or university. It is a branch
of knowledge.
Dictionary Source:
Collins, Cambridge
Merriam-Webster, Oxford

4. MAIN CONTRIBUTORS OF ENTREPRENUERSHIP
Richard Cantillon
Irish French economist
(17th Century)
Jean-Baptiste Say
French Economist & Businessman
(1767-1832)
Schumpeter’
Austrian Political Economist

5. WHAT SCHUMPETER’S LITERATURE TELLS US?
Opportunity Hunters Create New Business Ventures Risk Taker

6. FURTHER CONTRIBUTORS
William Jack Baumol
American Economist
influence by Schumpeter
(!922-2017)
David McClelland
Behaviorist who dominated the
field of entrepreneurship
(1917-1998)
Peter Drucker
An Austrian-born American
management consultant and
educator
(1909-2005)