Understanding entrepreneurship development in Latvia: A cross-disciplinary approach This paper analyses economic and educational challenges on the way of understanding and formation of entrepreneurship in Latvia in its almost 20-year long post socialistic period. Along with the state support programmes for small business development, entrepreneurship as a new concept is researched integrating as well the world experience in this field. It is shown that entrepreneurship is a dynamic system of the components determined in mixed methods research. The elaborated holistic functional-structural model of entrepreneurship illustrates that entrepreneurship can be developed holistically as a system when students identify, generate and realise opportunities into new personal, social or economic values not only in the context of specialised entrepreneurial disciplines, but within a wide range of disciplines in the unity of theory and practice.