Saturday, October 12, 2013

Entrepreneurial Enterprise

TABLE OF CONTENTS 1.Introduction 3 2.Characteristics of a Successful entrepreneur 4 3.Need of Achievement. 5 4.Need of Autonomy 6 5.Locus of halt.... 7 6.Risk Taking Propensity. 8 7.Entrepreneurial Self-Efficacy .. 9 8.Innovation..... 10 9. implementation Theory.. 11 Recommendations.................. 12 Conclusion................. 13 References.. 14 Bibliography.. 15 1.0 Introduction Entrepreneurship can be specify as the process of individuals who seek and exploit sparing opportunities. Stokes and Wilson (2010) conclude an entrepreneurship is all about creating product line.
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It is about creating value that quondam(prenominal) it has been created will spread like rings on irrigate through the financial bodys to benefit all people in the economies who embrace it. Entrepreneurship is dependent on a capitalistic dust in a legal manikin that protects property rights, efficient markets and access to resources such as capital, labour and knowledge. In magnitude for a country to have entrepreneurs it has to establish such an environment. For entrepreneurship to memorialize barriers such as trade regulations, a complex and indifferent tax system, beauracy, and poor legal enforcement has to be minimized. Entrepreneurs need to olfactory property that their property rights are protected, that there is access to funding does from banks or venture capitalists that they can employ skilled workers and do logical argument in a contractual and a legal framework that can be trusted. The qualities of an entrepr! eneur are highly consequential if a business is to be started. There as some(prenominal) characteristics that essential be instilled in an entrepreneur in outrank to be successful. These characteristics...If you want to get a full essay, come in it on our website: OrderCustomPaper.com

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