SlideShare a Scribd company logo
Definition
(Knight,1921)
Havingprofitsfrombearinguncertaintyandrisk
(Schumpeter,1934)
Carrying out ofnewcombinationsof firm organization- newproducts,new
services, newsources of raw materials, newmethodsof production,new
markets, newform of organization.
(Drucker,1985)
Behaviorratherthanpersonalitytraits.Itsfoundationliesinconceptand
theoryratherthanintuition.
(Kuratko,2009
Dynamicprocessofvision,change,andcreationthatrequiresanapplication
ofenergyandpassion toward thecreationandimplementation ofnewideas
andcreativesolutions
Definition
Conceiving anopportunity tooffer newor
improved goods orservices, showing the initiative
topursuethatopportunity, makingplans,
mobilizingtheresources necessary toconvertthe
opportunityintoreality.
Innovatio
n
Opportunit
y
Seeking
and
Exploitation
Resource
Mobilizing
Encountering
Risk and
Uncertainty
Economic
and
Personal
Reward
Anindividual who assumestherisks associated with creatingand owning
abusiness.
toundertake
“
“
1. I always think about having my own business in
the future.
2. I do activities related to starting my own
business.
3. I have strong desire to start my own business.
4. I will make every effort to start my own business.
5. I would like to follow the footsteps of my
parents who is an entrepreneur.
6. I will learn all about the practical details needed to
start a business.
7. I will be very happy when I am able to start my own
business.
8. I know my family would approve of my dream to
start a business.
9. I would have a high chance of being successful if I
try to start a business while I am still young.
10. I will not easily give up when problems come my
way while starting my own business.
Introduction to Entrepreneurship
Introduction to Entrepreneurship
Introduction to Entrepreneurship
Introduction to Entrepreneurship
Introduction to Entrepreneurship
Introduction to Entrepreneurship
Introduction to Entrepreneurship
Introduction to Entrepreneurship
Introduction to Entrepreneurship
Introduction to Entrepreneurship
Introduction to Entrepreneurship
Introduction to Entrepreneurship
Introduction to Entrepreneurship

More Related Content

Similar to Introduction to Entrepreneurship

2009 Innova Mod.0.01
2009 Innova Mod.0.012009 Innova Mod.0.01
2009 Innova Mod.0.01
guest951e2d
 
Original Entrepreneurial Opportunity
Original Entrepreneurial OpportunityOriginal Entrepreneurial Opportunity
Original Entrepreneurial Opportunity
Danny Moloney
 
Class i intro to entrep & biz opportunities
Class i intro to entrep & biz opportunitiesClass i intro to entrep & biz opportunities
Class i intro to entrep & biz opportunities
NENIndia
 
Roadtrip To Innovation
Roadtrip To InnovationRoadtrip To Innovation
Roadtrip To Innovation
TRENDONE GmbH
 
Emerging Entrepreneur Trends
Emerging Entrepreneur TrendsEmerging Entrepreneur Trends
Emerging Entrepreneur Trends
Candice Him
 

Similar to Introduction to Entrepreneurship (20)

Entrepreneurship notes
Entrepreneurship notesEntrepreneurship notes
Entrepreneurship notes
 
Jurnal 1
Jurnal 1Jurnal 1
Jurnal 1
 
Journal 1
Journal 1Journal 1
Journal 1
 
Intrapreneurship 2015
Intrapreneurship 2015 Intrapreneurship 2015
Intrapreneurship 2015
 
2009 Innova Mod.0.01
2009 Innova Mod.0.012009 Innova Mod.0.01
2009 Innova Mod.0.01
 
Open Innovation
Open InnovationOpen Innovation
Open Innovation
 
Innovation and creativity 01 introduction and basic concepts
Innovation and creativity 01 introduction and basic conceptsInnovation and creativity 01 introduction and basic concepts
Innovation and creativity 01 introduction and basic concepts
 
Opportunity formation, stakeholder management and the role of personal and bu...
Opportunity formation, stakeholder management and the role of personal and bu...Opportunity formation, stakeholder management and the role of personal and bu...
Opportunity formation, stakeholder management and the role of personal and bu...
 
Innovation organizational learning driven business model
Innovation organizational learning driven business modelInnovation organizational learning driven business model
Innovation organizational learning driven business model
 
Entrepreneurship an introduction
Entrepreneurship an introductionEntrepreneurship an introduction
Entrepreneurship an introduction
 
Chapter 1 entrepreneurship
Chapter 1 entrepreneurshipChapter 1 entrepreneurship
Chapter 1 entrepreneurship
 
Entrepreneurship development the only panacea for the growth and survival of ...
Entrepreneurship development the only panacea for the growth and survival of ...Entrepreneurship development the only panacea for the growth and survival of ...
Entrepreneurship development the only panacea for the growth and survival of ...
 
Technological Innovation.pptx
Technological Innovation.pptxTechnological Innovation.pptx
Technological Innovation.pptx
 
Original Entrepreneurial Opportunity
Original Entrepreneurial OpportunityOriginal Entrepreneurial Opportunity
Original Entrepreneurial Opportunity
 
Q3L1. Concept of Entrepreneurship.pptx
Q3L1. Concept of Entrepreneurship.pptxQ3L1. Concept of Entrepreneurship.pptx
Q3L1. Concept of Entrepreneurship.pptx
 
Class i intro to entrep & biz opportunities
Class i intro to entrep & biz opportunitiesClass i intro to entrep & biz opportunities
Class i intro to entrep & biz opportunities
 
Roadtrip To Innovation
Roadtrip To InnovationRoadtrip To Innovation
Roadtrip To Innovation
 
C18TP L5 Creativity_Innovation & Entrepreneurship (Dubai).pptx
C18TP L5 Creativity_Innovation & Entrepreneurship (Dubai).pptxC18TP L5 Creativity_Innovation & Entrepreneurship (Dubai).pptx
C18TP L5 Creativity_Innovation & Entrepreneurship (Dubai).pptx
 
The socio economic impact of creative products and services developing the cr...
The socio economic impact of creative products and services developing the cr...The socio economic impact of creative products and services developing the cr...
The socio economic impact of creative products and services developing the cr...
 
Emerging Entrepreneur Trends
Emerging Entrepreneur TrendsEmerging Entrepreneur Trends
Emerging Entrepreneur Trends
 

Recently uploaded

Industrial Training Report- AKTU Industrial Training Report
Industrial Training Report- AKTU Industrial Training ReportIndustrial Training Report- AKTU Industrial Training Report
Industrial Training Report- AKTU Industrial Training Report
Avinash Rai
 

Recently uploaded (20)

B.ed spl. HI pdusu exam paper-2023-24.pdf
B.ed spl. HI pdusu exam paper-2023-24.pdfB.ed spl. HI pdusu exam paper-2023-24.pdf
B.ed spl. HI pdusu exam paper-2023-24.pdf
 
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General QuizPragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
 
Benefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational ResourcesBenefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational Resources
 
Application of Matrices in real life. Presentation on application of matrices
Application of Matrices in real life. Presentation on application of matricesApplication of Matrices in real life. Presentation on application of matrices
Application of Matrices in real life. Presentation on application of matrices
 
The Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve ThomasonThe Art Pastor's Guide to Sabbath | Steve Thomason
The Art Pastor's Guide to Sabbath | Steve Thomason
 
Research Methods in Psychology | Cambridge AS Level | Cambridge Assessment In...
Research Methods in Psychology | Cambridge AS Level | Cambridge Assessment In...Research Methods in Psychology | Cambridge AS Level | Cambridge Assessment In...
Research Methods in Psychology | Cambridge AS Level | Cambridge Assessment In...
 
Operations Management - Book1.p - Dr. Abdulfatah A. Salem
Operations Management - Book1.p  - Dr. Abdulfatah A. SalemOperations Management - Book1.p  - Dr. Abdulfatah A. Salem
Operations Management - Book1.p - Dr. Abdulfatah A. Salem
 
How to Break the cycle of negative Thoughts
How to Break the cycle of negative ThoughtsHow to Break the cycle of negative Thoughts
How to Break the cycle of negative Thoughts
 
2024_Student Session 2_ Set Plan Preparation.pptx
2024_Student Session 2_ Set Plan Preparation.pptx2024_Student Session 2_ Set Plan Preparation.pptx
2024_Student Session 2_ Set Plan Preparation.pptx
 
Mattingly "AI & Prompt Design: Limitations and Solutions with LLMs"
Mattingly "AI & Prompt Design: Limitations and Solutions with LLMs"Mattingly "AI & Prompt Design: Limitations and Solutions with LLMs"
Mattingly "AI & Prompt Design: Limitations and Solutions with LLMs"
 
PART A. Introduction to Costumer Service
PART A. Introduction to Costumer ServicePART A. Introduction to Costumer Service
PART A. Introduction to Costumer Service
 
How to Manage Notification Preferences in the Odoo 17
How to Manage Notification Preferences in the Odoo 17How to Manage Notification Preferences in the Odoo 17
How to Manage Notification Preferences in the Odoo 17
 
Danh sách HSG Bộ môn cấp trường - Cấp THPT.pdf
Danh sách HSG Bộ môn cấp trường - Cấp THPT.pdfDanh sách HSG Bộ môn cấp trường - Cấp THPT.pdf
Danh sách HSG Bộ môn cấp trường - Cấp THPT.pdf
 
NCERT Solutions Power Sharing Class 10 Notes pdf
NCERT Solutions Power Sharing Class 10 Notes pdfNCERT Solutions Power Sharing Class 10 Notes pdf
NCERT Solutions Power Sharing Class 10 Notes pdf
 
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxMatatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
 
Industrial Training Report- AKTU Industrial Training Report
Industrial Training Report- AKTU Industrial Training ReportIndustrial Training Report- AKTU Industrial Training Report
Industrial Training Report- AKTU Industrial Training Report
 
The Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. HenryThe Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. Henry
 
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
 
Basic Civil Engineering Notes of Chapter-6, Topic- Ecosystem, Biodiversity G...
Basic Civil Engineering Notes of Chapter-6,  Topic- Ecosystem, Biodiversity G...Basic Civil Engineering Notes of Chapter-6,  Topic- Ecosystem, Biodiversity G...
Basic Civil Engineering Notes of Chapter-6, Topic- Ecosystem, Biodiversity G...
 
The Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational ResourcesThe Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational Resources
 

Introduction to Entrepreneurship

Editor's Notes

  1. Neko is working at a company called me-wow, a feline health and fitness company. He notices that there is a shocking need- lack of cat transportation. He comes up with an idea of a cat-cycle, which he pitches to his boss. Me-wow immediately sends the cat-cycle into production because it is a genius idea, obviously it flies off the shelves. Although, Neku is showing an entrepreneurial mind-set, he is NOT an Entrepreneur. yet. The company Me-wow took the financial risk to develop, produce and sell the Cat Cycle.
  2. Meanwhile, Saichi is devoting his time to come-up with an idea to address the need of lack of transportation. He then come up with a cat-board and improve this idea day and night. Using his personal savings Saichi commissions a prototype to several local shops and few are interested and made contract with them. As his sales begin to grow, Saichi creates new design but he doesn’t pay attention to his customer’s need about the cat-board, because he fails improvement to his cat board, his sales plummets. It’s a tough decision, he cuts losses and sells his cat-board to me-wow, which revamps his idea to dog board.
  3. Saichii is an entrepreneur because he see the need and took a financial risk on it.