My Paper on Interprenual School of Thought
Introduction
Entrepreneurship is a concept which is defined in many ways. The word entrepreneur means a person who undertakes from the French term called eneteprendre. In terms of business, the term entrepreneur means starting a business. An entrepreneur is a person who manages, organizes, and takes over all the enterprise or business risks. Other definitions include a person who has high ambition and aptitude to initiate change is known as an entrepreneur. The entrepreneurial school of thought is based on vision: a mental representation of strategy created or at least expressed in the head of the leader as perspective, specifically a sense of long term direction of organizations future and a sound vision and visionary CEO can help organization in turbulent times or in very difficult years for the organization also it have shortfalls that hanging on the health and whim of single person, the death or health problem of that person result in crisis of organization. and one of present day successful entrepreneur and its strategic moves in the direction of the school of thought is discussed.
Historical background of the school
Throughout the theoretical history of entrepreneurship, scholars from multiple disciplines in the social sciences have grappled with a diverse set of interpretations and definitions to conceptualize this abstract idea. Over time, "some writers have identified entrepreneurship with the function of uncertainty-bearing, others with the coordination of productive resources, others with the introduction of innovation, and still others with the provision of capital" (Hoselitz, 1952). Even though certain themes continually resurface throughout the history of entrepreneurship theory, presently there is no single definition of entrepreneurship that is accepted by all economists or that is applicable in every economy.
Although there is only limited consensus about the defining characteristics of entrepreneurship, the concept is almost as old as
Entrepreneurship is a concept which is defined in many ways. The word entrepreneur means a person who undertakes from the French term called eneteprendre. In terms of business, the term entrepreneur means starting a business. An entrepreneur is a person who manages, organizes, and takes over all the enterprise or business risks. Other definitions include a person who has high ambition and aptitude to initiate change is known as an entrepreneur. The entrepreneurial school of thought is based on vision: a mental representation of strategy created or at least expressed in the head of the leader as perspective, specifically a sense of long term direction of organizations future and a sound vision and visionary CEO can help organization in turbulent times or in very difficult years for the organization also it have shortfalls that hanging on the health and whim of single person, the death or health problem of that person result in crisis of organization. and one of present day successful entrepreneur and its strategic moves in the direction of the school of thought is discussed.
Historical background of the school
Throughout the theoretical history of entrepreneurship, scholars from multiple disciplines in the social sciences have grappled with a diverse set of interpretations and definitions to conceptualize this abstract idea. Over time, "some writers have identified entrepreneurship with the function of uncertainty-bearing, others with the coordination of productive resources, others with the introduction of innovation, and still others with the provision of capital" (Hoselitz, 1952). Even though certain themes continually resurface throughout the history of entrepreneurship theory, presently there is no single definition of entrepreneurship that is accepted by all economists or that is applicable in every economy.
Although there is only limited consensus about the defining characteristics of entrepreneurship, the concept is almost as old as