Entrepreneurial Economics

I reached into my grab bag and found a copy of a Wikipedia article on Entrepreneurial Economics. The gist of the argument is that the faillure of traditional economics to account for entrepreneurship means that traditional economics is floored?

Why is that? Maybe traditional economics is flawed but not for that reason.

To me, entrepreneurship is an attitude or frame of mind. It means you take life as a challenge not as a reason for whining. It means you look into your heart and find your passion and filter that through your brain. It means you dedicate yourself to something positive that will improve the world around you.

Economics is just economics. Eh?