Entrepreneurship: economic and social embedding of the production of futures

Entrepreneurship, the practice of creating new economic enterprises through innovation that are sustained by economic performance, is, theoretically, an individualistic account of socio-economic change. If new enterprises and new economies are created by entrepreneurship then to what extent does this activity harbour prescience and to what extent does its creative destruction carry moral responsibility? Although entrepreneurship is socially constructed as an individualistic account of the production of new patterns of organisation, theories of entrepreneurship span a number of ontologies, i.e. individual motives, new firm formation, socially beneficial activity, the production of networks and multi-organisational forms, and even of micro economies. The paper discusses the conception entrepreneurship as a set of socially constructed processes which together produce futures at multiple ontological levels, and seeks to identify relationships between this body of knowledge and anticipating, creating and 'minding' futures.