SlideShare una empresa de Scribd logo
1 de 18
 Regular  attendance
 No one allowed to enter late
 Regular submission of assignments
 For group assignment, peer feedback form to
  be filled and submitted.
 Defaulter in attendance will not get 10 marks
  of attendance.
 Dynamics   of entrepreneurship: Commitment
  & determination: Leadership
 Dynamics of entrepreneurship: Opportunity
  obsession: Tolerance of risk
 Dynamics of entrepreneurship :Ambiguity &
  uncertainty; Creativity , self-reliance and
  ability to adapt
 Dynamics   of entrepreneurship-Support from
  significant others ;motivation to excel
 Intrapreneurship and Entrepreneurship
 Entrepreneurship project
 Method for generating ideas
 Creative problem solving techniques
 Lateral thinking
 Analytical skills
1.  Internal Marks:40 marks
 Group assingment-20marks
 Individual assingment-10 marks
 Attendance-10marks
 Date of submission:31 march2011


1.   End term exam:60 marks
 An  economist defines an entrepreneur as one
  who brings resources, labour ,material and
  other assets into combinations that make
  value greater than before and also one who
  introduces changes , innovations and new
  order.
 A psychologist defines an entrepreneur as a
  person who is typically driven by some forces ,
  which creates a desire to obtain or attain
  something.
A  sociologist defines entrepreneur as a
  person whose actions would determines his
  social status and who contributes to the
  development of the society.
 Management experts define entrepreneur as
  a person who has vision and generates an
  action plan to achieve it.

“ Entrepreneur is an individual who takes
 risks and starts something new.”
1755   Cantillon     “A person bearing risk”
1800   say           “Agent combining all factors of production”
1921   Knight        “Recipient of pure profit”
1930   Weber         Innovator
1934   Joseph        “Ability to identify new opportunities”
       Schumpeter
1973   Kirzen        “Contributes to movement towards
                     equilibrium”
1982   Mark Casson   “Judgment decision maker in co-ordinating
                     scarce resources”
1987   Stevenson     “The relentless pursuit of opportunity”
       &Sahlman
1920   Gartner       “Action taken to create organization”

1991   Bygrave       “Characteristics of the entrepreneurial
       &Hofer        process”
 According  to schumpeter innovation is not
  same as invention , it can be any of the
  following:
 The introduction of a new product
 Adoption of new technology
 Opening up of a new market
 Finding of new source of supply
 Bringing about new organization of an
  industry.
 According  to Frederick Harbison “ an
  organization which comprises all the people
  required to perform the entrepreneurial
  function” like:
 Managing risk and handling of economic
  uncertainty
 Planning and innovation
 Coordination ,administration and control
 Routine supervision
 Peter  Drucker defines an entrepreneur as
  “one who always search for change ,responds
  to it ,and exploits it as an opportunity”.
 Max Weber defined entrepreneur innovation
  as an outcome of thoroughgoing rationalizing
  of every aspect of his enterprise.
 According to David McClelland ,entrepreneur
  are high on need for achievement(nAch).
 Le Vines shifts the emphasis from prevalent
  values to the social structure for need for
  achievement.
 Thomas  Cochran considers entrepreneurship
  to represent a model personality which is a
  consequence of prevalent cultural values ,
  role expectation and social sanctions.
 John Kunkel consider both behavioral and
  structural approach to entrepreneurship.
 Vision
 Knowledge
 Desire to succeed
 Independence
 Optimism
 Value addition
 Leadership
 Hardworking
 Risk taking ability
 Commitment    and determination
 Desire of responsibility
 Opportunity obsession
 Tolerance for risk ,Ambiguity and uncertainty
 Self- confidence
 Creativity and flexibility
 Desire for immediate feedback
 High level of energy
 Motivation to excel
 Orientation to the Future
 Willingness to learn from Failure
 Leadership ability
   Technical skills
Writing
Oral communication
Interpersonal
Technology
Ability to organize
Networking
Coaching
Guiding
 Business management skills:
Planning and organizing
Decision making
Controlling
Negotiating
Human relations
Financing
Marketing
 Personal   skills:
Discipline
Risk taking
Innovating
Change oriented
Persistent
Visionary leader

Más contenido relacionado

La actualidad más candente

Effectuation theory of entrepreneurship
Effectuation theory of entrepreneurshipEffectuation theory of entrepreneurship
Effectuation theory of entrepreneurshipibaced
 
Entrepreneurship development First unit .... by kar
Entrepreneurship development First unit .... by karEntrepreneurship development First unit .... by kar
Entrepreneurship development First unit .... by karSelva Rani
 
What type of entrepreneur are you?
What type of entrepreneur are you?What type of entrepreneur are you?
What type of entrepreneur are you?Derek Lidow
 
Module 1 the entrepreneurial perspective
Module  1 the entrepreneurial perspectiveModule  1 the entrepreneurial perspective
Module 1 the entrepreneurial perspectivePriya Srinivas
 
What is an Intrapreneur?
What is an Intrapreneur? What is an Intrapreneur?
What is an Intrapreneur? Vocoli
 
Entrepreneurship mindsets
Entrepreneurship mindsetsEntrepreneurship mindsets
Entrepreneurship mindsetsRobin Low
 
Entrepreneurship Concept & process
Entrepreneurship Concept & processEntrepreneurship Concept & process
Entrepreneurship Concept & processFRANCIS BUKENYA
 
Entreprenuership theories
Entreprenuership theoriesEntreprenuership theories
Entreprenuership theoriesShristi Gupta
 
Nature and important of enterprenuership
Nature and important of enterprenuershipNature and important of enterprenuership
Nature and important of enterprenuershipDr.Rajesh Patel
 
Intrapreneurship 2015
Intrapreneurship 2015 Intrapreneurship 2015
Intrapreneurship 2015 Shristi Gupta
 
Entrepreneurship Development Unit 1 (SVCET)
Entrepreneurship Development Unit 1 (SVCET)Entrepreneurship Development Unit 1 (SVCET)
Entrepreneurship Development Unit 1 (SVCET)Amit Sarkar
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurshippangc027
 
Az summit
Az summit Az summit
Az summit jvsmith5
 

La actualidad más candente (20)

Theories of entrepreneurship_shriram.dawkhar
Theories of entrepreneurship_shriram.dawkharTheories of entrepreneurship_shriram.dawkhar
Theories of entrepreneurship_shriram.dawkhar
 
Effectuation theory of entrepreneurship
Effectuation theory of entrepreneurshipEffectuation theory of entrepreneurship
Effectuation theory of entrepreneurship
 
Entrepreneurship development First unit .... by kar
Entrepreneurship development First unit .... by karEntrepreneurship development First unit .... by kar
Entrepreneurship development First unit .... by kar
 
263539 633925704903692500
263539 633925704903692500263539 633925704903692500
263539 633925704903692500
 
What type of entrepreneur are you?
What type of entrepreneur are you?What type of entrepreneur are you?
What type of entrepreneur are you?
 
Module 1 the entrepreneurial perspective
Module  1 the entrepreneurial perspectiveModule  1 the entrepreneurial perspective
Module 1 the entrepreneurial perspective
 
Theories of-entrepreneurship
Theories of-entrepreneurshipTheories of-entrepreneurship
Theories of-entrepreneurship
 
Entrepreneurship training
Entrepreneurship trainingEntrepreneurship training
Entrepreneurship training
 
Concept of Entrepreneurship
Concept of EntrepreneurshipConcept of Entrepreneurship
Concept of Entrepreneurship
 
What is an Intrapreneur?
What is an Intrapreneur? What is an Intrapreneur?
What is an Intrapreneur?
 
Entrepreneurship mindsets
Entrepreneurship mindsetsEntrepreneurship mindsets
Entrepreneurship mindsets
 
On Intrapreneurship
On IntrapreneurshipOn Intrapreneurship
On Intrapreneurship
 
Entrepreneurship Concept & process
Entrepreneurship Concept & processEntrepreneurship Concept & process
Entrepreneurship Concept & process
 
Entreprenuership theories
Entreprenuership theoriesEntreprenuership theories
Entreprenuership theories
 
Nature and important of enterprenuership
Nature and important of enterprenuershipNature and important of enterprenuership
Nature and important of enterprenuership
 
Intrapreneurship 2015
Intrapreneurship 2015 Intrapreneurship 2015
Intrapreneurship 2015
 
Entrepreneurship Development Unit 1 (SVCET)
Entrepreneurship Development Unit 1 (SVCET)Entrepreneurship Development Unit 1 (SVCET)
Entrepreneurship Development Unit 1 (SVCET)
 
Tutorial 1
Tutorial 1Tutorial 1
Tutorial 1
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 
Az summit
Az summit Az summit
Az summit
 

Similar a Dynamics of Entrepreneurship

Entrepreneurship development
Entrepreneurship developmentEntrepreneurship development
Entrepreneurship developmentVinishaGulati1
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
EntrepreneurshipRaj Gahlot
 
Introduction to Entrepreneurship
Introduction to EntrepreneurshipIntroduction to Entrepreneurship
Introduction to Entrepreneurshipelmuhammadmuhammad
 
1. Entrepreneur, Entrepreneurship and Intrapreneur - 1.1 to 1.3.pptx
1. Entrepreneur, Entrepreneurship and Intrapreneur - 1.1 to 1.3.pptx1. Entrepreneur, Entrepreneurship and Intrapreneur - 1.1 to 1.3.pptx
1. Entrepreneur, Entrepreneurship and Intrapreneur - 1.1 to 1.3.pptxAbhijeetGadade5
 
Innovation & Entrepreneurship.pptx
Innovation & Entrepreneurship.pptxInnovation & Entrepreneurship.pptx
Innovation & Entrepreneurship.pptxAnchalMittal21
 
Chapter 1 Entrepreneurship Concept Unit-I - Mohsin Dadi (Parul University)
Chapter 1 Entrepreneurship Concept Unit-I - Mohsin Dadi (Parul University)Chapter 1 Entrepreneurship Concept Unit-I - Mohsin Dadi (Parul University)
Chapter 1 Entrepreneurship Concept Unit-I - Mohsin Dadi (Parul University)Parul University
 
Entrepreneurship part 1
Entrepreneurship part  1Entrepreneurship part  1
Entrepreneurship part 1C.Siva priya
 
Business entrepreneurship development
Business entrepreneurship developmentBusiness entrepreneurship development
Business entrepreneurship developmentParas Pareek
 
Entrepreneurship material unit 1
Entrepreneurship material unit   1Entrepreneurship material unit   1
Entrepreneurship material unit 1raja kamal Ch
 
DOC-20221226-WA0000..pdf
DOC-20221226-WA0000..pdfDOC-20221226-WA0000..pdf
DOC-20221226-WA0000..pdfPrernaKhera3
 
Introduction-Entrepreneurship.pptx
Introduction-Entrepreneurship.pptxIntroduction-Entrepreneurship.pptx
Introduction-Entrepreneurship.pptxpranawya
 
Module i.pptx Business planning and Entrepreneurial Management
Module i.pptx Business planning and Entrepreneurial ManagementModule i.pptx Business planning and Entrepreneurial Management
Module i.pptx Business planning and Entrepreneurial ManagementYogita Sawant
 
Introduction to Entrepreneurship Development
Introduction to Entrepreneurship DevelopmentIntroduction to Entrepreneurship Development
Introduction to Entrepreneurship Developmentshrinivas kulkarni
 
Entrepreneurship.3662679.powerpoint.pptx
Entrepreneurship.3662679.powerpoint.pptxEntrepreneurship.3662679.powerpoint.pptx
Entrepreneurship.3662679.powerpoint.pptxJanagi Raman S
 
Entrepreneurial development
Entrepreneurial developmentEntrepreneurial development
Entrepreneurial developmentBELLARMINDIANA
 
Entrepreneurship and entrepreneur
Entrepreneurship and entrepreneurEntrepreneurship and entrepreneur
Entrepreneurship and entrepreneurheidirm
 

Similar a Dynamics of Entrepreneurship (20)

Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 
Entrepreneurship development
Entrepreneurship developmentEntrepreneurship development
Entrepreneurship development
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 
Introduction to Entrepreneurship
Introduction to EntrepreneurshipIntroduction to Entrepreneurship
Introduction to Entrepreneurship
 
1. Entrepreneur, Entrepreneurship and Intrapreneur - 1.1 to 1.3.pptx
1. Entrepreneur, Entrepreneurship and Intrapreneur - 1.1 to 1.3.pptx1. Entrepreneur, Entrepreneurship and Intrapreneur - 1.1 to 1.3.pptx
1. Entrepreneur, Entrepreneurship and Intrapreneur - 1.1 to 1.3.pptx
 
Innovation & Entrepreneurship.pptx
Innovation & Entrepreneurship.pptxInnovation & Entrepreneurship.pptx
Innovation & Entrepreneurship.pptx
 
Chapter 1 Entrepreneurship Concept Unit-I - Mohsin Dadi (Parul University)
Chapter 1 Entrepreneurship Concept Unit-I - Mohsin Dadi (Parul University)Chapter 1 Entrepreneurship Concept Unit-I - Mohsin Dadi (Parul University)
Chapter 1 Entrepreneurship Concept Unit-I - Mohsin Dadi (Parul University)
 
Entrepreneurship part 1
Entrepreneurship part  1Entrepreneurship part  1
Entrepreneurship part 1
 
Entrepreneurship Development- Unit 2
Entrepreneurship Development- Unit 2Entrepreneurship Development- Unit 2
Entrepreneurship Development- Unit 2
 
Entreprenuership
EntreprenuershipEntreprenuership
Entreprenuership
 
Business entrepreneurship development
Business entrepreneurship developmentBusiness entrepreneurship development
Business entrepreneurship development
 
Entrepreneurship material unit 1
Entrepreneurship material unit   1Entrepreneurship material unit   1
Entrepreneurship material unit 1
 
DOC-20221226-WA0000..pdf
DOC-20221226-WA0000..pdfDOC-20221226-WA0000..pdf
DOC-20221226-WA0000..pdf
 
Entership
EntershipEntership
Entership
 
Introduction-Entrepreneurship.pptx
Introduction-Entrepreneurship.pptxIntroduction-Entrepreneurship.pptx
Introduction-Entrepreneurship.pptx
 
Module i.pptx Business planning and Entrepreneurial Management
Module i.pptx Business planning and Entrepreneurial ManagementModule i.pptx Business planning and Entrepreneurial Management
Module i.pptx Business planning and Entrepreneurial Management
 
Introduction to Entrepreneurship Development
Introduction to Entrepreneurship DevelopmentIntroduction to Entrepreneurship Development
Introduction to Entrepreneurship Development
 
Entrepreneurship.3662679.powerpoint.pptx
Entrepreneurship.3662679.powerpoint.pptxEntrepreneurship.3662679.powerpoint.pptx
Entrepreneurship.3662679.powerpoint.pptx
 
Entrepreneurial development
Entrepreneurial developmentEntrepreneurial development
Entrepreneurial development
 
Entrepreneurship and entrepreneur
Entrepreneurship and entrepreneurEntrepreneurship and entrepreneur
Entrepreneurship and entrepreneur
 

Último

Take control of your SAP testing with UiPath Test Suite
Take control of your SAP testing with UiPath Test SuiteTake control of your SAP testing with UiPath Test Suite
Take control of your SAP testing with UiPath Test SuiteDianaGray10
 
Modern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
Modern Roaming for Notes and Nomad – Cheaper Faster Better StrongerModern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
Modern Roaming for Notes and Nomad – Cheaper Faster Better Strongerpanagenda
 
The Ultimate Guide to Choosing WordPress Pros and Cons
The Ultimate Guide to Choosing WordPress Pros and ConsThe Ultimate Guide to Choosing WordPress Pros and Cons
The Ultimate Guide to Choosing WordPress Pros and ConsPixlogix Infotech
 
Merck Moving Beyond Passwords: FIDO Paris Seminar.pptx
Merck Moving Beyond Passwords: FIDO Paris Seminar.pptxMerck Moving Beyond Passwords: FIDO Paris Seminar.pptx
Merck Moving Beyond Passwords: FIDO Paris Seminar.pptxLoriGlavin3
 
A Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptxA Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptxLoriGlavin3
 
A Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software DevelopersA Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software DevelopersNicole Novielli
 
Data governance with Unity Catalog Presentation
Data governance with Unity Catalog PresentationData governance with Unity Catalog Presentation
Data governance with Unity Catalog PresentationKnoldus Inc.
 
Connecting the Dots for Information Discovery.pdf
Connecting the Dots for Information Discovery.pdfConnecting the Dots for Information Discovery.pdf
Connecting the Dots for Information Discovery.pdfNeo4j
 
So einfach geht modernes Roaming fuer Notes und Nomad.pdf
So einfach geht modernes Roaming fuer Notes und Nomad.pdfSo einfach geht modernes Roaming fuer Notes und Nomad.pdf
So einfach geht modernes Roaming fuer Notes und Nomad.pdfpanagenda
 
TeamStation AI System Report LATAM IT Salaries 2024
TeamStation AI System Report LATAM IT Salaries 2024TeamStation AI System Report LATAM IT Salaries 2024
TeamStation AI System Report LATAM IT Salaries 2024Lonnie McRorey
 
The Role of FIDO in a Cyber Secure Netherlands: FIDO Paris Seminar.pptx
The Role of FIDO in a Cyber Secure Netherlands: FIDO Paris Seminar.pptxThe Role of FIDO in a Cyber Secure Netherlands: FIDO Paris Seminar.pptx
The Role of FIDO in a Cyber Secure Netherlands: FIDO Paris Seminar.pptxLoriGlavin3
 
DevEX - reference for building teams, processes, and platforms
DevEX - reference for building teams, processes, and platformsDevEX - reference for building teams, processes, and platforms
DevEX - reference for building teams, processes, and platformsSergiu Bodiu
 
How AI, OpenAI, and ChatGPT impact business and software.
How AI, OpenAI, and ChatGPT impact business and software.How AI, OpenAI, and ChatGPT impact business and software.
How AI, OpenAI, and ChatGPT impact business and software.Curtis Poe
 
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptxUse of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptxLoriGlavin3
 
Long journey of Ruby standard library at RubyConf AU 2024
Long journey of Ruby standard library at RubyConf AU 2024Long journey of Ruby standard library at RubyConf AU 2024
Long journey of Ruby standard library at RubyConf AU 2024Hiroshi SHIBATA
 
Why device, WIFI, and ISP insights are crucial to supporting remote Microsoft...
Why device, WIFI, and ISP insights are crucial to supporting remote Microsoft...Why device, WIFI, and ISP insights are crucial to supporting remote Microsoft...
Why device, WIFI, and ISP insights are crucial to supporting remote Microsoft...panagenda
 
From Family Reminiscence to Scholarly Archive .
From Family Reminiscence to Scholarly Archive .From Family Reminiscence to Scholarly Archive .
From Family Reminiscence to Scholarly Archive .Alan Dix
 
Generative Artificial Intelligence: How generative AI works.pdf
Generative Artificial Intelligence: How generative AI works.pdfGenerative Artificial Intelligence: How generative AI works.pdf
Generative Artificial Intelligence: How generative AI works.pdfIngrid Airi González
 
Time Series Foundation Models - current state and future directions
Time Series Foundation Models - current state and future directionsTime Series Foundation Models - current state and future directions
Time Series Foundation Models - current state and future directionsNathaniel Shimoni
 
Transcript: New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024Transcript: New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024BookNet Canada
 

Último (20)

Take control of your SAP testing with UiPath Test Suite
Take control of your SAP testing with UiPath Test SuiteTake control of your SAP testing with UiPath Test Suite
Take control of your SAP testing with UiPath Test Suite
 
Modern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
Modern Roaming for Notes and Nomad – Cheaper Faster Better StrongerModern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
Modern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
 
The Ultimate Guide to Choosing WordPress Pros and Cons
The Ultimate Guide to Choosing WordPress Pros and ConsThe Ultimate Guide to Choosing WordPress Pros and Cons
The Ultimate Guide to Choosing WordPress Pros and Cons
 
Merck Moving Beyond Passwords: FIDO Paris Seminar.pptx
Merck Moving Beyond Passwords: FIDO Paris Seminar.pptxMerck Moving Beyond Passwords: FIDO Paris Seminar.pptx
Merck Moving Beyond Passwords: FIDO Paris Seminar.pptx
 
A Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptxA Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptx
 
A Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software DevelopersA Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software Developers
 
Data governance with Unity Catalog Presentation
Data governance with Unity Catalog PresentationData governance with Unity Catalog Presentation
Data governance with Unity Catalog Presentation
 
Connecting the Dots for Information Discovery.pdf
Connecting the Dots for Information Discovery.pdfConnecting the Dots for Information Discovery.pdf
Connecting the Dots for Information Discovery.pdf
 
So einfach geht modernes Roaming fuer Notes und Nomad.pdf
So einfach geht modernes Roaming fuer Notes und Nomad.pdfSo einfach geht modernes Roaming fuer Notes und Nomad.pdf
So einfach geht modernes Roaming fuer Notes und Nomad.pdf
 
TeamStation AI System Report LATAM IT Salaries 2024
TeamStation AI System Report LATAM IT Salaries 2024TeamStation AI System Report LATAM IT Salaries 2024
TeamStation AI System Report LATAM IT Salaries 2024
 
The Role of FIDO in a Cyber Secure Netherlands: FIDO Paris Seminar.pptx
The Role of FIDO in a Cyber Secure Netherlands: FIDO Paris Seminar.pptxThe Role of FIDO in a Cyber Secure Netherlands: FIDO Paris Seminar.pptx
The Role of FIDO in a Cyber Secure Netherlands: FIDO Paris Seminar.pptx
 
DevEX - reference for building teams, processes, and platforms
DevEX - reference for building teams, processes, and platformsDevEX - reference for building teams, processes, and platforms
DevEX - reference for building teams, processes, and platforms
 
How AI, OpenAI, and ChatGPT impact business and software.
How AI, OpenAI, and ChatGPT impact business and software.How AI, OpenAI, and ChatGPT impact business and software.
How AI, OpenAI, and ChatGPT impact business and software.
 
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptxUse of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
 
Long journey of Ruby standard library at RubyConf AU 2024
Long journey of Ruby standard library at RubyConf AU 2024Long journey of Ruby standard library at RubyConf AU 2024
Long journey of Ruby standard library at RubyConf AU 2024
 
Why device, WIFI, and ISP insights are crucial to supporting remote Microsoft...
Why device, WIFI, and ISP insights are crucial to supporting remote Microsoft...Why device, WIFI, and ISP insights are crucial to supporting remote Microsoft...
Why device, WIFI, and ISP insights are crucial to supporting remote Microsoft...
 
From Family Reminiscence to Scholarly Archive .
From Family Reminiscence to Scholarly Archive .From Family Reminiscence to Scholarly Archive .
From Family Reminiscence to Scholarly Archive .
 
Generative Artificial Intelligence: How generative AI works.pdf
Generative Artificial Intelligence: How generative AI works.pdfGenerative Artificial Intelligence: How generative AI works.pdf
Generative Artificial Intelligence: How generative AI works.pdf
 
Time Series Foundation Models - current state and future directions
Time Series Foundation Models - current state and future directionsTime Series Foundation Models - current state and future directions
Time Series Foundation Models - current state and future directions
 
Transcript: New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024Transcript: New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024
Transcript: New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024
 

Dynamics of Entrepreneurship

  • 1.
  • 2.  Regular attendance  No one allowed to enter late  Regular submission of assignments  For group assignment, peer feedback form to be filled and submitted.  Defaulter in attendance will not get 10 marks of attendance.
  • 3.  Dynamics of entrepreneurship: Commitment & determination: Leadership  Dynamics of entrepreneurship: Opportunity obsession: Tolerance of risk  Dynamics of entrepreneurship :Ambiguity & uncertainty; Creativity , self-reliance and ability to adapt
  • 4.  Dynamics of entrepreneurship-Support from significant others ;motivation to excel  Intrapreneurship and Entrepreneurship  Entrepreneurship project  Method for generating ideas  Creative problem solving techniques  Lateral thinking  Analytical skills
  • 5. 1. Internal Marks:40 marks  Group assingment-20marks  Individual assingment-10 marks  Attendance-10marks  Date of submission:31 march2011 1. End term exam:60 marks
  • 6.  An economist defines an entrepreneur as one who brings resources, labour ,material and other assets into combinations that make value greater than before and also one who introduces changes , innovations and new order.  A psychologist defines an entrepreneur as a person who is typically driven by some forces , which creates a desire to obtain or attain something.
  • 7. A sociologist defines entrepreneur as a person whose actions would determines his social status and who contributes to the development of the society.  Management experts define entrepreneur as a person who has vision and generates an action plan to achieve it. “ Entrepreneur is an individual who takes risks and starts something new.”
  • 8. 1755 Cantillon “A person bearing risk” 1800 say “Agent combining all factors of production” 1921 Knight “Recipient of pure profit” 1930 Weber Innovator 1934 Joseph “Ability to identify new opportunities” Schumpeter 1973 Kirzen “Contributes to movement towards equilibrium” 1982 Mark Casson “Judgment decision maker in co-ordinating scarce resources” 1987 Stevenson “The relentless pursuit of opportunity” &Sahlman 1920 Gartner “Action taken to create organization” 1991 Bygrave “Characteristics of the entrepreneurial &Hofer process”
  • 9.  According to schumpeter innovation is not same as invention , it can be any of the following:  The introduction of a new product  Adoption of new technology  Opening up of a new market  Finding of new source of supply  Bringing about new organization of an industry.
  • 10.  According to Frederick Harbison “ an organization which comprises all the people required to perform the entrepreneurial function” like:  Managing risk and handling of economic uncertainty  Planning and innovation  Coordination ,administration and control  Routine supervision
  • 11.  Peter Drucker defines an entrepreneur as “one who always search for change ,responds to it ,and exploits it as an opportunity”.  Max Weber defined entrepreneur innovation as an outcome of thoroughgoing rationalizing of every aspect of his enterprise.  According to David McClelland ,entrepreneur are high on need for achievement(nAch).  Le Vines shifts the emphasis from prevalent values to the social structure for need for achievement.
  • 12.  Thomas Cochran considers entrepreneurship to represent a model personality which is a consequence of prevalent cultural values , role expectation and social sanctions.  John Kunkel consider both behavioral and structural approach to entrepreneurship.
  • 13.  Vision  Knowledge  Desire to succeed  Independence  Optimism  Value addition  Leadership  Hardworking  Risk taking ability
  • 14.  Commitment and determination  Desire of responsibility  Opportunity obsession  Tolerance for risk ,Ambiguity and uncertainty  Self- confidence  Creativity and flexibility
  • 15.  Desire for immediate feedback  High level of energy  Motivation to excel  Orientation to the Future  Willingness to learn from Failure  Leadership ability
  • 16. Technical skills Writing Oral communication Interpersonal Technology Ability to organize Networking Coaching Guiding
  • 17.  Business management skills: Planning and organizing Decision making Controlling Negotiating Human relations Financing Marketing
  • 18.  Personal skills: Discipline Risk taking Innovating Change oriented Persistent Visionary leader