ALEXANDER ARTYOMOV 0615714 Essay Question: ‘Categorize the different perspectives of entrepreneurship in a diagram. Give examples of the some research based on the individual quadrants. Using the diagram explain the advantages and disadvantages of the ‘broad church’ approach to entrepreneurship.’ Introduction: The first part of the essay will be looking at clarifying one of the fundamental concepts of this module - the four different perspectives that are used by various academics and scholars in order to analyse entrepreneurship. Each of the perspectives formed will be clearly explained and allocated a space on a graphic chart for the ease of understanding. All the explanations will be coupled with relating research and theorists that took part in developing them The second part of the essay will then move further and look if it would be possible to unite all of the approaches under one method of the “broad church”. It will list the benefits and flaws of the approach as well as coming to the conclusion whether this method should or should not be implemented in the future. Some basic definitions: Before the various aspects of the entrepreneurship will be looked at it would be useful to define the concepts and terms that will be used, so that a more thorough understanding of the subject could be gained. Words ‘theory’ and ‘perspective’ are often used and it is therefore essential to understand exactly what they mean. Theory is defined as “a scheme or system of ideas or a statements held as an explanation or account of a group or facts or phenomena...a statement of what are held to be the general laws, principles, or causes of something known or observed”(1973 S.V Theory. It is the logical conclusion that a theory is an unde ...