Entrepreneurship
Table of Contents
Executive Summary 3 Introduction 3 Traits and characteristics of an Entrepreneur 4 Importance of Traits and Characteristics in an Entrepreneur 5 How entrepreneurs use their traits and characteristics in small business 5 How entrepreneurs use their traits and skills in social enterprises 6 Use of traits and skills of an Entrepreneur in large-scale business 7 Evaluation and Comparison 9 Intrapreneurship 9 Conclusion 9 List of References 10
Executive Summary
This report will mainly focus on the traits, characteristics and skills of entrepreneurs used in three different context i.e. small, social and larger scale business, to manage, develop and sustain the business. It initiates with highlighting the term entrepreneur and entrepreneurship from different authors followed by theories on entrepreneurship to get a better understanding of traits and characteristics in detail. Then is states the benefits of entrepreneurial traits and characteristics. It will then focus on how small business entrepreneurs use their traits and skills to develop and manage the business supporting it with detailed examples of the famous entrepreneurs. Further explains the skills and traits used by social entrepreneurs and large-scale entrepreneurs in business with different examples to get a deep understanding. Evaluating and comparing difference between all three entrepreneurs and traits and skills used by them, intrapreneurship is been explained in large businesses followed by the detailed conclusion in the end.
Introduction
Entrepreneur and Entrepreneurship
An entrepreneur is a person who manages, systematizes and assumes the risks of conducting a business. An entrepreneur can be described as a agent for change. He is a person who is willing to take risks - usually financial - in the pursuit of new ventures to make profits. (Casson, 2002)
According to Schumpeter “entrepreneurs are innovators who use a process of shattering the status quo
Executive Summary 3 Introduction 3 Traits and characteristics of an Entrepreneur 4 Importance of Traits and Characteristics in an Entrepreneur 5 How entrepreneurs use their traits and characteristics in small business 5 How entrepreneurs use their traits and skills in social enterprises 6 Use of traits and skills of an Entrepreneur in large-scale business 7 Evaluation and Comparison 9 Intrapreneurship 9 Conclusion 9 List of References 10
Executive Summary
This report will mainly focus on the traits, characteristics and skills of entrepreneurs used in three different context i.e. small, social and larger scale business, to manage, develop and sustain the business. It initiates with highlighting the term entrepreneur and entrepreneurship from different authors followed by theories on entrepreneurship to get a better understanding of traits and characteristics in detail. Then is states the benefits of entrepreneurial traits and characteristics. It will then focus on how small business entrepreneurs use their traits and skills to develop and manage the business supporting it with detailed examples of the famous entrepreneurs. Further explains the skills and traits used by social entrepreneurs and large-scale entrepreneurs in business with different examples to get a deep understanding. Evaluating and comparing difference between all three entrepreneurs and traits and skills used by them, intrapreneurship is been explained in large businesses followed by the detailed conclusion in the end.
Introduction
Entrepreneur and Entrepreneurship
An entrepreneur is a person who manages, systematizes and assumes the risks of conducting a business. An entrepreneur can be described as a agent for change. He is a person who is willing to take risks - usually financial - in the pursuit of new ventures to make profits. (Casson, 2002)
According to Schumpeter “entrepreneurs are innovators who use a process of shattering the status quo
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