Individuals and Opportunities: A resource-based and institutional view of entrepreneurship Nikolina Fuduric Aalborg University Department of Development and Planning Ph.D. Supervisor: Professor Anne Lorentzen January 2008 Luzern‚ Switzerland 1 ABSTRACT Individual and Opportunities: A resource-based and institutional view of entrepreneurship Entrepreneurial activity holds many promises for economic well-being. Some of the most well-documented promises are economic growth and job creation. Considering
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Process Chapter 3 Demystifying Entrepreneurship Entrepreneurship is a way of thinking‚ reasoning‚ and acting that is opportunity obsessed‚ holistic in approach‚ and leadership balanced for the purpose of value creation and capture Results in the creation‚ enhancement‚ realization‚ and renewal of value Creation and/or recognition of opportunities Very rarely is entrepreneurship a get-rich-quick proposition People don’t want to be managed‚ they want to be led Entrepreneurship = Paradoxes An opportunity
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from within the organization | 7 | Entrepreneur converts the ideas of intrapreneur into viable opportunities | Intrapreneur takes the responsibility of creating innovation of any kind from within the organization. | | | | Entrepreneurship vs Entrepreneurship• Entrepreneurs can be found anywhere whereas intrapreneurs are found‚ rather encouraged within the confines of an organization• While
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According to the Timmons Model of Entrepreneurship the three critical factors of a successful venture are opportunities‚ teams‚ and resources. The successful entrepreneur is one that can balance these critical factors. Jeffery Timmons of Babson College in Massachusetts developed the Timmons Model of Entrepreneurship as his doctorate thesis at Harvard University. Further research and case studies have since then enhanced this model as a guide for entrepreneurs to increase their chances of success
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Internal entrepreneurship at the Dow Chemical Company Dow Chemical Company Description Dow Chemical is a multi-national chemical manufacturing company‚ specifically serving various consumer markets with innovative chemicals and plastics products. With net profit margins dropping over a period of time‚ the firm had prioritized growth initiatives in the early 2000s. The emergence of the internet had empowered start-ups to disrupt the chemical
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Behavior and Perspective Material Title: Defining and Measuring Entrepreneurship Summary The reading focuses on the definition of entrepreneurship in different contexts and on measuring the level of entrepreneurial activity. Entrepreneurship has been defined differently through neo-classical and economic literatures. Theoretical definitions of entrepreneurship reflect a diverse set of ideas about the role of entrepreneurship in the economy‚ involving aspects such as innovation‚ uncertainty-bearing
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ENTREPRENEURSHIP AND INNOVATION Analysis of the Relationship between Entrepreneurship and Innovation According to the author‚ personal entrepreneurship is the ability of a person to trade in goods and services for the purposes of creating wealth for the individual‚ while personal innovation is the ability to generate new ideas for the purpose of creating new or improved products or services. The author further argued that organizational entrepreneurship is the knack of the registered business to
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CHApter1 2.What key insights does the GEM study provide us about entrepreneurship? Of particular interest to GEM is early stage entrepreneurial activity‚ which consists of businesses that are just being started and businesses that have been in existence for less than three and one-half years. While the high rates of entrepreneurial start-up activities occur in low-income countries‚ where good jobs are not plentiful such as brazil‚ china‚ Argentina. Low rates occur in high-income countries‚ such
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Department of Economics Napier University SOCIAL SCIENCE WORKING PAPER NO. 33 Defining Entrepreneurship – Implications for ICT‚ Social Enterprise and Regional and Local Development Policies. Ronald W. McQuaid May 2000 Department of Economics Napier University SOCIAL SCIENCE WORKING PAPER NO. 33 Defining Entrepreneurship – Implications for ICT‚ Social Enterprise and Regional and Local Development Policies. Ronald
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finding of the paper is that all factors affect orientation highly as compared to satisfaction. The implications of research findings for researchers and practitioners are discussed and the suggestions have also been provided. Keywords: women entrepreneurship; entrepreneurial orientation; satisfaction; rural India; psychological factors Received: 25 February 2011; Revised: 4 May 2011; Accepted: 27 May 2011; Published: 12 July 2011 urality is viewed as a dynamic entrepreneurial resource that
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