A Brief Biography Of Entrepreneurship Essay

1. A Brief Biography of Entrepreneurship Essay
1. Introduction In times of crisis, the economy needs new ideas to bring about a change to reactive safely the economy and provide more
confidence to the customers. Entrepreneurship plays an important role in the sustainable growth in the economy performance. Innovation and
creativity have been never easy, however, in a globalized world that is struggling to recover from a major economic crisis, they play a vital role
to recover the economy, becoming the new core competencies of corporations, and a company's greatest asset may be its creative capital
(Nussbaum 2005). As a result of that, Start– ups has diversified the trends, identifying and evaluating new business opportunities, providing to the
customer a huge diversity of the...show more content...
Entrepreneurship concerns an individual's ability to turn ideas into action. According to the definition of WebFinance (2014), Entrepreneurship is
the capacity and willingness to develop, organize and manage a business venture. Pretorius, Millard and Kruger (2005) maintain that "creativity is
clearly part and parcel of the entrepreneurial skills required to successfully start a venture" (p. 56). Early in the 20th century, Joseph Schumpeter,
gave us a definition of an entrepreneur: a person who destroys the existing economic order by introducing new products and services, by
introducing new methods of production, by creating new forms of organization, or by exploiting new raw materials ( Bygrave 2011) Creativity is
not only important for enterprises; entrepreneurship has three central underlying dimensions: innovation, risk–taking and proactiveness (Fillis
2010). The Drucker Society of Austria (2009) suggest that iinnovation is the specific instrument of entrepreneurship. It is the act that endows
resources with a new capacity to create wealth. Innovation, indeed, creates a resource. Innovation is synonymous with risk–taking, when the
companies perceive an opportunity and create revolutionary product or technologies are taking on the greatest risk because they create new
markets. This classic trait is the definition of risk–taking––the ability to withstand the fear of uncertainty and potential failure. "It all boils down to
being able
Get more content on HelpWriting.net

2. A Brief Biography of Entrepreneurship Essay
1. Introduction In times of crisis, the economy needs new ideas to bring about a change to reactive safely the economy and provide more
confidence to the customers. Entrepreneurship plays an important role in the sustainable growth in the economy performance. Innovation and
creativity have been never easy, however, in a globalized world that is struggling to recover from a major economic crisis, they play a vital role
to recover the economy, becoming the new core competencies of corporations, and a company's greatest asset may be its creative capital
(Nussbaum 2005). As a result of that, Start– ups has diversified the trends, identifying and evaluating new business opportunities, providing to the
customer a huge diversity of the...show more content...
Entrepreneurship concerns an individual's ability to turn ideas into action. According to the definition of WebFinance (2014), Entrepreneurship is
the capacity and willingness to develop, organize and manage a business venture. Pretorius, Millard and Kruger (2005) maintain that "creativity is
clearly part and parcel of the entrepreneurial skills required to successfully start a venture" (p. 56). Early in the 20th century, Joseph Schumpeter,
gave us a definition of an entrepreneur: a person who destroys the existing economic order by introducing new products and services, by
introducing new methods of production, by creating new forms of organization, or by exploiting new raw materials ( Bygrave 2011) Creativity is
not only important for enterprises; entrepreneurship has three central underlying dimensions: innovation, risk–taking and proactiveness (Fillis
2010). The Drucker Society of Austria (2009) suggest that iinnovation is the specific instrument of entrepreneurship. It is the act that endows
resources with a new capacity to create wealth. Innovation, indeed, creates a resource. Innovation is synonymous with risk–taking, when the
companies perceive an opportunity and create revolutionary product or technologies are taking on the greatest risk because they create new
markets. This classic trait is the definition of risk–taking––the ability to withstand the fear of uncertainty and potential failure. "It all boils down to
being able
Get more content on HelpWriting.net