Topics: Entrepreneurship, Joseph Schumpeter, Entrepreneur Pages: 4 (1314 words) Published: June 19, 2013
‘Critically evaluate the key theoretical developments of the term Entrepreneurship’.

Student Name : Jonalee B. Magtoto
Student ID : 1009007374
Matriculation No: 20037830
Date: June 13th 2013
Word Count : 2,091 words

Entrepreneurship as a lot of meaning but for me it divided into two separate fundamental, the first part debate high involve on dichotomy which in a whole set that dividend in two that identify in a entrepreneur joint exhaustive that it only belong in one business to other business but in the other has mutually exhaustive nothing will belong to simulate for both business. The second fundamental an entrepreneurship is a quality or property firm that defined it self. Based on my researching of the theory was given the example for further explain and understand my perception on entrepreneurship like for example the an Entrepreneurial firms are thought of as small (Aldrich & Austen, 1986), organic and network-based rather than mechanistic or bureaucratic (Birley, 1986), fast-growing (Drucker, 1985), it also given by thought that help to keep more flexible and adaptable (Birch, 1987) and innovation (Backman, 1983). This perception gives me a huge way of interesting that how effective the Growth paradox that occurs when the business become successful that it ceases very attributes leading on success. Entrepreneurship is not for a business, or a product you don’t need to have a product to sell this is what the entrepreneur motivation which based on my personal experience in Philippines not only putting capital or invest a money its also making my own creative idea or business plan and proposed it to the company even its not a big company as what I experienced in my university the feasibility of my business plan that create an idea and information for the achieving a goal and it a huge impact for...
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