3. TABLE OF CONTENT
Introduction 1
Entrepreneurship and Entrepreneurial ventures 2
Types of Entrepreneurial Ventures 3
Similarities and differences between entrepreneurial ventures 4-5
Scopes, Development, And Expansion Of Various Public And Private Sector Entrepreneurial
Ventures
6
Conclusion 7
References 8
4. Introduction
● An entrepreneur is a person who comes up with a fresh concept and turns it
into a firm.
● There are several scenarios in which an entrepreneur might develop business
ideas, such as unemployment, passion, poverty, experience, and some
company ideas are generated by the entrepreneur's natural thinking.
● The main objective of the study is to identify the business or entrepreneur's
personal and entrepreneurial skills to enhance their chances of success in their
business ventures.
1
5. Entrepreneurship and Entrepreneurial
ventures
Entrepreneurship is a term used to describe accepting the financial risk of
starting, operating, and managing a company, and the individual
responsible for that enterprise is referred to as an entrepreneur (Deeds,
2015).
Entrepreneurial venture is one that prioritizes creativity and opportunity in
order to create economic or societal value (Gutterman, 2020).
2
6. Types of Entrepreneurial Ventures
04
Public-Private
Partnership
A joint venture between
the government and the
private sector
01
Start-up
New business
02
Sole-
proprietorship
A single proprietor
03 Joint ventures
Two or more company
owners operate together
as partners, sharing
ownership, ideas,
earnings, and other
corporate aspects
5
7. Similarities and differences between
entrepreneurial ventures
The similarities and differences between entrepreneurial ventures can
be identified by the objectives, scopes, structure, and capital sources
etc. They are related to the entrepreneurship as both are defined by
similar factors.
6
9. Scopes, Development, And Expansion Of Various
Public And Private Sector Entrepreneurial
Ventures
There is a lot of scopes for new businesses to expand, and this growth is
being fueled by development (LARSON, 2016). Four phases of venture
development and expansion are:
• Start-up
• Fast growth
• Expanding
• Maturity
8
10. Conclusion
● Entrepreneurial ventures common in the UK were discussed extensively in
this presentation.
● Comparison of similarities and differences between the ventures are shown
briefly.
● Discussion on the entrepreneurial venture’s scopes of development and
growth in both public and private sectors are also provided.
11. Deeds, D., 2015. Successful Entrepreneurs Take Action. Entrepreneur and Innovation Exchange,.
Gutterman, A., 2020. Definitions and Types of Entrepreneurship. SSRN Electronic Journal,.
LARSON, P., 2016. Public and private values at odds: can private sector values be transplanted into public sector
institutions?. Public Administration and Development, 17(1), pp.131-139.
References
9