Qian jieqi 12780468
Lecturer:Pauline Ong
Lecture:BU2005 Entrepreneurship
Campus:James Cook Australia Institute of Higher Learning
Semester:SP52
Date handed in:18/09/2013
Journal 1 Brief
The mind and actions of the entrepreneurship has provided an overview of the characteristics that influence the entrepreneur and shape their behaviour. The factors influencing entrepreneurship are found both internally and externally to the individual, comprising a combination of personality traits and environment influences. Entrepreneurs are typically characterized by strong achievement drive, high levels of creativity, a desire for autonomy, a willingness to take calculated risks, and an internal locus of control. These are key enterprising tendencies that are inherent in all people regardless of their background, age, ethnicity or personality. Entrepreneurs are not born; rather, they interact with their environment to apply their enterprise tendencies into entrepreneurial activities. Entrepreneurial motivation is triggered by the individual’s entrepreneurial orientation, personal goals and the opportunities available to them in their environment. The factors that influence entrepreneurial behaviour are the individual’s ability to recognise opportunities and to act upon them, but also to learn from their experiences and to undertake realistic self-evaluation. Each stage of our lives presents different opportunities for entrepreneurial behaviour. Individual develop personal theories of what they achieve , and they then shape these through their active learning and their pursuit of ambitious goals. Their confidence and self-belief are critical to entrepreneurial activity. The GET test is a measure of enterprise tendencies, and can be useful to help people evaluate their own life history and capacity for entrepreneurship. Entrepreneurial orientation is a measure of the level of innovativeness, pro-activity and