THE EVOLUTIONARY DEVELOPMENT OF ENTREPRENEURSHIP
CHAPTER 2
THE EVOLUTIONARY DEVELOPMENT OF ENTREPRENEURSHIP
CHAPTER OUTLINE
I. The Evolution of Entrepreneurship
II. The Myths of Entrepreneurship A. Entrepreneurs are doers, not thinkers. B. Entrepreneurs are born, not made. C. Entrepreneurs are always inventors. D. Entrepreneurs are academic and social misfits. E. Entrepreneurs must fit the “profile.” F. All you need is money to be an entrepreneur. G. All you need is luck to be an entrepreneur. H. Ignorance is bliss for an entrepreneur. I. Entrepreneurs seek success but experience high failure rates. J. Entrepreneurs are extreme risk takers (gamblers).
III. Approaches to Entrepreneurship A. The schools of entrepreneurial thought l. The macro view a. The environmental school of thought b. The financial/capital school of thought c. The displacement school of thought 2. The micro view a. The entrepreneurial trait school of thought b. The venture opportunity school of thought c. The strategic formulation school of thought
IV. Process Approaches A. The Integrative Approach B. Entrepreneurial assessment approach C. Multidimensional approach
V. Intrapreneurship
VI. Key Concepts A. Entrepreneurship B. Entrepreneur C. Entrepreneurial management
VII. Summary
CHAPTER OBJECTIVES
l. To examine the historical development of entrepreneurship
2. To explore and debunk the myths of entrepreneurship
3. To define and explore the major schools of entrepreneurial thought
4. To explain the process approaches to the study of entrepreneurship
5. To set forth a comprehensive definition of entrepreneurship
CHAPTER SUMMARY
This particular chapter begins with the definition and the proper introduction to entrepreneurship. The chapter stresses the importance historically of entrepreneurship. It provides a basic understanding of the beginning and the modern economic definitions. To be a
THE EVOLUTIONARY DEVELOPMENT OF ENTREPRENEURSHIP
CHAPTER OUTLINE
I. The Evolution of Entrepreneurship
II. The Myths of Entrepreneurship A. Entrepreneurs are doers, not thinkers. B. Entrepreneurs are born, not made. C. Entrepreneurs are always inventors. D. Entrepreneurs are academic and social misfits. E. Entrepreneurs must fit the “profile.” F. All you need is money to be an entrepreneur. G. All you need is luck to be an entrepreneur. H. Ignorance is bliss for an entrepreneur. I. Entrepreneurs seek success but experience high failure rates. J. Entrepreneurs are extreme risk takers (gamblers).
III. Approaches to Entrepreneurship A. The schools of entrepreneurial thought l. The macro view a. The environmental school of thought b. The financial/capital school of thought c. The displacement school of thought 2. The micro view a. The entrepreneurial trait school of thought b. The venture opportunity school of thought c. The strategic formulation school of thought
IV. Process Approaches A. The Integrative Approach B. Entrepreneurial assessment approach C. Multidimensional approach
V. Intrapreneurship
VI. Key Concepts A. Entrepreneurship B. Entrepreneur C. Entrepreneurial management
VII. Summary
CHAPTER OBJECTIVES
l. To examine the historical development of entrepreneurship
2. To explore and debunk the myths of entrepreneurship
3. To define and explore the major schools of entrepreneurial thought
4. To explain the process approaches to the study of entrepreneurship
5. To set forth a comprehensive definition of entrepreneurship
CHAPTER SUMMARY
This particular chapter begins with the definition and the proper introduction to entrepreneurship. The chapter stresses the importance historically of entrepreneurship. It provides a basic understanding of the beginning and the modern economic definitions. To be a