Entrepreneurship New Venture Creation (Book Review)

Abstract

Globally the field of entrepreneurship has gained acceptability over the decades. While the concept of enterprise development has been extensively studied, the entrepreneurial ecosystem that initiates, supports, and fosters the idea of new venture creation requires further examination. This work gives a review of the book Entrepreneurship New Venture Creation, by David H. Holt. The purpose of reviewing this book is to deepen an understanding of entrepreneurial process, explore the nature of entrepreneurship, models for new venture creation and ways for entrepreneurs to succeed. Despite its subtitles focusing on profiles and biographies of entrepreneurial events and real people in the USA’s context, the book is of immediate relevance to Tanzanian entrepreneurs. Details of the main weakness of this book are discussed and future improvements are recommended to give this book a more shining role towards this highly important subject in this era of innovations in entrepreneurship. Nevertheless, it is a very good resource for entrepreneurs, researchers, university lecturers, students and policy makers both locally and internationally.