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What theory argues that entrepreneurship emerges from the interaction between individuals with unique psychological attributes and a conducive environment that enables or triggers the entrepreneurial process?
  • a)
    Interactionist Theory
  • b)
    Psychodynamic Theory
  • c)
    Environmental Determinism Theory
  • d)
    Configurational Theory
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What theory argues that entrepreneurship emerges from the interaction ...
Interactionist Theory of Entrepreneurship posits that entrepreneurship is the result of an interaction between individual characteristics (such as personality traits, skills, and motivation) and the external environment (including social, economic, and cultural factors). This theory suggests that neither personal attributes nor environmental conditions alone are sufficient to trigger entrepreneurial activity; instead, it's the combination of the two that facilitates the emergence of entrepreneurship. An interesting note is that this theory supports the idea of a fit between the entrepreneur and their environment, highlighting the importance of context in entrepreneurial success.
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What theory argues that entrepreneurship emerges from the interaction between individuals with unique psychological attributes and a conducive environment that enables or triggers the entrepreneurial process?a)Interactionist Theoryb)Psychodynamic Theoryc)Environmental Determinism Theoryd)Configurational TheoryCorrect answer is option 'A'. Can you explain this answer?
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