open access

Abstract

Purpose: This article aims to provide a brief description of various approaches to entrepreneurship

Methods: The article is entirely based on the literature survey. It consults books and journal articles to trace a variety of approaches proposed by different scholars in the d-fiend of entrepreneurship

Results: It identifies seven approaches to entrepreneurship namely, Psychological approach, Demographic approach, Behavioral Approach, Socio-cultural approach, Venture facilitation approach, Entrepreneurial event approach, Multidimensional approach, Hisrich’s Decision Model, and Eclectic Model

Implications: It implies that entrepreneurship may develop through multiple avenues. The educators and policymakers should consider the lessons of different approaches to identify the potential entrepreneurs for further development and provide them with the knowledge, skills, as well as other material supports for their development.