Entrepreneurship & SME Management
• Bruce R. Barringer and R. Duane Ireland
“Entrepreneurship Successfully launching new ventures”
• Donald F. Kuratho and Richard M. Hodge:s
“Entrepreneurship in the New Millenium”
• Thomas W. Zimmerer and Norman M, Scarborough
“Essen:als of Entrepreneurship and Small Business
Management” 5th Ed.
Final Assessment Criteria
• Final Exam
What is Entrepreneurship?
30%
20%
• End Term Project
20%
• Quizzes
15%
• Assignments & PresentaRon
15%
• Mid Term
• Academic Definition (Stevenson & Jarillo)
– Entrepreneurship is the process by which individuals pursue opportunities without regard to resources they currently control. • Venture Capitalist (Fred Wilson)
– Entrepreneurship is the art of turning an idea into a business. • Explanation of What Entrepreneurs Do
– Entrepreneurs assemble and then integrate all the resources needed – the money, the people, the business model, the strategy – to transform an invention or an idea into a viable business. Corporate Entrepreneurship
Corporate Entrepreneurship
1 of 2
2 of 2
• Corporate Entrepreneurship
– Is the conceptualization of entrepreneurship at the firm level. – All firms fall along a conceptual continuum that ranges from highly conservative to highly entrepreneurial.
– The position of a firm on this continuum is referred to as its