Entrepreneurship: Definitions, opportunities, challenges, and future directions

Entrepreneurship as a field of study has many sub‐dimensions due to its usefulness in society, which makes it difficult to gain a holistic understanding of its key elements. The aim of this article is to explore how to define entrepreneurship by focusing on different areas of entrepreneurship in terms of definitions and research opportunities in order to challenge conventional practices. Each area of entrepreneurship is discussed with the goal of exploring new research questions and methodological approaches that are currently lacking in the entrepreneurship discourse and can be refined through future research activity. This enables future research directions to be identified regarding entrepreneurship in general and specific types of entrepreneurship thereby contributing to research and practice about the importance of entrepreneurship in society.