IMPORTANCE of ENTREPRENEURSHIP THEORIES

1. Entrepreneurship theories bring greater understanding of entrepreneurship behaviour exhibited by different entrepreneurs.
2. They enable one to understand the need for entrepreneurship and why some people are more entrepreneurial than others.
3. The theories bring out various approaches and perceptions held by entrepreneurs.
4. Show that the desire for entrepreneurship is innate as well as environmentally determined.

Helps us to understand the role played by role models through networks that provide support.