1. Chapter 2:
Types of Entrepreneurship
Objectives:
• To disseminate and intensify knowledge on the different
types of entrepreneurship and entrepreneurs.
• To differentiate the differences based on
entrepreneurial activities as well as the functions
assumed by the entrepreneurs.
Learning outcomes:
• Classify the types of entrepreneurship and
entrepreneur
• Differentiate and articulate the different types of
entrepreneurship and entrepreneurs.
• Explain the differentiating factors based on
2. 2.1 Introduction
Entrepreneurial activities in the form of
producing goods and services for human
needs, selling, trading or exchanging of goods
were in existence since time immemorial.
Entrepreneurship- a process of identifying the
opportunity, converting the opportunity into
marketable products or services using creative
and innovative means and through the process
creates value and wealth to the society.
3. 2.2 Entrepreneurship vs
Entrepreneur
Entrepreneurship Entrepreneur
• Entrepreneurial
process
• Can be categorized
based on the type of
entrepreneurial
activities being carried
out.
• Entrepreneurial
process may comprise
several entrepreneurial
activities -might differ
• Individual that executes
the process
• Types of entrepreneurs
are best described in
terms of their motives
as well as their
functions
4. 2.3 Types of Entrepreneurship
Types of
entrepreneurshi
p
Corporate
Entrepreneurship
Private or
independent
Entrepreneurshi
p
Social
Entrepreneurshi
p
Public Sector
Entrepreneurship
Academic
Entrepreneurshi
p
5. 2.4 Types of Entrepreneurs
Corporate
Independent
Social
Public
Academic
Other variants of entrepreneurs:
Serial Intrapreneurs
Lifestyle Agripreneurs
Nascent Infopreneurs
Necessity Edupreneurs
Technopreneurs