entrepreneurship. The question of ‘why entrepreneurship’ is also linked to reward expectations‚ be these financial‚ social status or psychological satisfaction. In case of entrepreneurship‚ successful performance of the venture itself becomes a reward for the entrepreneur. OBJECTIVES After reading the lesson you would be able to: • Describe the entrepreneurial competencies
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Ronald McQuaid ISBN 1 873869 33 9 Department of Economics Napier University Sighthill Court Edinburgh EH11 4BN UK FAX 0131 447 3475 Abstract Many national‚ regional or local agencies have created policies to directly support entrepreneurs so as to increase the number of businesses or aid the competitiveness and expansion of existing small firms. This Working paper considers what is meant by the term entrepreneurship and the implications of these meanings for different policies to
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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
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Table of Contents Executive Summary 3 Introduction 3 Traits and characteristics of an Entrepreneur 4 Importance of Traits and Characteristics in an Entrepreneur 5 How entrepreneurs use their traits and characteristics in small business 5 How entrepreneurs use their traits and skills in social enterprises 6 Use of traits and skills of an Entrepreneur in large-scale business 7 Evaluation and Comparison 9 Intrapreneurship 9 Conclusion 9 List of References 10 Executive Summary
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Running Lean: Create Your Lean Canvas --Ash Maurya Article Summary Lean Canvas offers an impeccable layout for brainstorming potential business models and tracking progress. The author guides the entrepreneur through the process of creating a lean canvas for a start-up business. It starts by brainstorming for a product’s possible customers. It is important to realize that a customer pays‚ but a user does not. Moreover‚ splitting large customer segments is important to effectively construct and position
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concepts. It incorporated not just factors of production but also gave examples of how the advice of the entrepreneurs that came into our class would go to work. It was interesting how some of the concepts were portrayed in the movie. One of the concepts of economics that was illustrated in the movie was how a person should not jump into a business and expect to make millions. An entrepreneur needs to realize that a company takes a while to grow. For a company to grow it needs time. The Tucker
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Connections and Information Acquisition in Capital Allocation Mariassunta Giannetti Xiaoyun Yu Stockholm School of Economics‚ Kelley School of Business CEPR and ECGI Indiana University mariassunta.giannetti@hhs.se xiyu@indiana.edu August 2010 This paper was previously circulated under the title “Favoritism or Markets in Capital Allocation?” We thank Franklin Allen‚ Utpal Bhattacharya‚ Philip Bond‚ Brian Bucks‚ Chun Chang‚ Todd Gormley‚ Denis Gromb‚ Dalida Kadyrzhanova
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Introduction Over the years researchers have attempted to answer the fundamental question‚ who is the entrepreneur? ’ Research has ranged from attempting to create aggregate typologies of entrepreneurs‚ to studies of individual personality characteristics. This paper will explore and examine whether and to what extent it is possible to explain an entrepreneurs motives by recourse solely to scientific studies of entrepreneurial personality. Firstly the paper will examine the different viewpoints
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Describe corporate entrepreneurship and its use in established firms. Discuss three main reasons people decide to become entrepreneurs. Identify four main characteristics of successful entrepreneurs. Explain five common myths regarding entrepreneurship. Explain how entrepreneurial firms differ from salary-substitute and lifestyle firms. Discuss the changing demographics of entrepreneurs in the United States. Discuss the impact of entrepreneurial firms on economies and societies. Identify ways in which
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Unleashing India’s Innovation and Entrepreneurship Potential India has been one of the best performers in the world economy in recent years. Indian economy has been one of the stars of global economics growing 9.6% in 2006 and 9.2% in 2007. Growth had been supported by market reforms‚ capital inflows of FDI‚ rising foreign exchange reserves‚ both an IT and real estate boom‚ and a flourishing capital market. Like rest of the world‚ however‚ India is also facing testing economic times (economic
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