Recent changes in the world economy have made the pursuit of entrepreneurial opportunity increasingly important to wealth creation. Moreover, as business schools worldwide have embraced the study of entrepreneurship, a conceptual framework for the field is beginning to emerge. This text examines the people who discover, evaluate and exploit opportunities to create future goods and services, and the methods that they use. It also evaluates the impact of entrepreneurial activity on individuals, firms and societies at large. The collection includes important papers by leading scholars that comprise the foundation of entrepreneurship theory. It should be useful to students and researchers alike. Table of Contents Volume 1: overview of the field the entrepreneurial process the existence of entrepreneurial opportunities the discovery of entrepreneurial opportunities human experience and the decision to exploit the nature of the entrepreneur and the decision to exploit. Volume 2: the locus of exploitation entrepreneurship through market mechanisms the firm formation process environmental influences of firm formation financial resource assembly human resource assembly the design of new organizations the creation of new markets.