5Serious realist philosophy and applied entrepreneurship

Lee Martin and Nick Wilson

Introduction

In 2005, Luke Pittaway undertook a review of ‘philosophies in entrepreneurship’, which, amongst other things, acknowledged that researchers in entrepreneurship had ‘recently begun to recognise that ideology, or the political basis of ideas, meta-theory and other “taken for granted” assumptions (axioms) have an influence on knowledge construction’ (Pittaway, 2005, p. 202). Drawing on Burrell and Morgan’s (1979) distinction between subjective and objective, and interpretive and functionalist paradigms, he went on to i) emphasise the predominance of functionalist and objective approaches in economic approaches towards entrepreneurship; whilst ii) indicating ...

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