The problem of entrepreneurship has been one of the central interests of economic theorists since the industrial revolution. Discussions of the entrepreneur in such theory tended to a large extent to focus upon the basis of entrepreneurship. This argument is typified by Schumpeter's criticism of Marx's handling of the problem of primitive accumulation; Schumpeter argues against the rejection by Marx of superior intelligence and energy as explanatory factors in entrepreneurial success.
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Leonard Kasdan (1965) studied this question.
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