Entrepreneurship: is there a blind assumption that this is a new economic domain?

The terms ‘entrepreneurs’ and ‘entrepreneurship’ have gained significant popularity in recent years, particularly in development, and it can be said that the ‘entrepreneurship domain’ is to a large extent formed. Despite this, leading authors and intellects are yet to agree on what exactly these terms mean and the parameters that hold this domain together. This uncertainty over what it is we are talking about is not only impeding our knowledge on the subject, it is affecting policy effectiveness and economic performance.