Schumpeter (1934) stated that entrepreneurship is not a profession and that being an entrepreneur is not a lasting condition; whereas Drucker (1985) claimed that entrepreneurship is a discipline and can be learned. We reason that if entrepreneurship is a profession or discipline then basic entrepreneurial skills can be learned in school and enhanced with real-world experience as a practicing entrepreneur. We propose that serial entrepreneurs should outperform one-timers and should get increasingly better with each successive new venture. (One-timers are entrepreneurs who have founded only one company.)
Lange, Julian; Marram, Edward; Brown, David; Marquis, Joel; and Bygrave, William
"IS ENTREPRENEURSHIP A PROFESSION? (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 32
, Article 13.
Available at: http://digitalknowledge.babson.edu/fer/vol32/iss5/13