The document discusses several theories of entrepreneurship: 1. Psychological or Personal Theory - Entrepreneurs have different attitudes and personality traits like achievement motivation that drive them. 2. Risk Taking Theory - Successful entrepreneurs are willing to take moderate risks and bear responsibility. 3. Creativity or Innovation Theory - Entrepreneurs use creativity and innovation to invent new ideas and solutions. 4. Sociology-Anthropology-Cultural Theory - Socio-cultural factors and values within a society can influence who becomes an entrepreneur.