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This chapter discusses different types of entrepreneurship and entrepreneurs. It defines entrepreneurship as identifying opportunities and converting them into marketable products or services through creative means to create value. The chapter outlines several types of entrepreneurship including corporate, private, social, public, and academic. It also lists various types of entrepreneurs such as corporate, independent, social, public, and academic entrepreneurs. The chapter aims to classify and differentiate between types of entrepreneurship and entrepreneurs.
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Fundamentals of entrepreneurship
fundamentals of entrepreneurship
,
what do you mean by entrepreneur/ who is an entrep
,
a brief summary of the entrepreneurial profile
,
10 deadly mistakes of entrepreneurship
,
ways to avoid the pitfalls
,
benefits of entrepreneurship
,
risks of an entrepreneur
,
potential drawbacks of entrepreneurship
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risks of entrepreneurs
,
forces for building an entrepreneur
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Chapter 1
This chapter introduces the theory of entrepreneurship and key dimensions of entrepreneurship. It discusses two main approaches to defining entrepreneurship - the functional approach that describes what entrepreneurs do and the indicative approach that describes their characteristics. It also outlines three key individual characteristics of entrepreneurs - the need for achievement, an internal locus of control, and a higher risk-taking propensity. The objectives are to understand entrepreneurship principles and theory and gain a better understanding of entrepreneurial concepts and traits.
Conversations
The document contains two sample conversations. The first conversation introduces two people, Carlos and Karla, who exchange greetings and basic information like their last names and occupations. The second conversation repeats the exact same exchange between Carlos and Karla.
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This document summarizes key concepts from Chapter 3 of the textbook about entrepreneurial strategy for new entries. It discusses generating new entry opportunities by creating valuable, rare, and inimitable resource bundles. It also covers assessing new opportunities and deciding whether to exploit them. Additionally, it outlines strategies for exploiting new entries such as being a first mover, reducing environmental uncertainty, and reducing customer uncertainty. Risk reduction strategies like market scope strategies and imitation strategies are also summarized.
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Entrepreneurship Development & Recognizing Opportunities. entrepreneurship development & recognizing opportu
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entrepreneurship development & recognizing opportu
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innovation and entrepreneurship
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tactics/ strategies for identifying opportunities
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identify problems and needs
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and habits
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watching trends
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economic forces
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first approach: observing trends
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cognitive factors
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social networks
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creativity
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full view of the opportunity recognition process
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third approach: finding gaps in the marketplace
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second approach: solving a problem
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establish a personal network
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entry strategies
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political action and regulatory changes 2 of 2
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technological advances
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what is an opportunity?
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three ways to identify an opportunity
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brainstorming
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focus groups
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Chapter 2
- 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