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Risk-Taking as an Entrepreneur in Business - Essay Example

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The paper "Risk-Taking as an Entrepreneur in Business" discusses the examples of great entrepreneurs in order to explain the typology behind the development of enterprises in relation to the study of risk-taking, motivation, and self-identity of the growing numbers of ICT entrepreneurs…
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Risk-Taking as an Entrepreneur in Business
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Download file to see previous pages Although the authors of the textbook, business journal, and business news report are using the same language in writing, there are quite a lot of differences in their written structure. The target readers of the journal article are the members of the academe which includes not only the school teachers but also the students. Specifically, the journal article that was written by Mills and Pawson (2012) is entitled “Integrating motivation, risk-taking, and self-identity: A typology of ICT enterprise development narratives”. Published on the International Small Business Journal in 2011, this article was written in New Zealand. To explain the typology behind the development of enterprises in relation to the study of risk-taking, motivation, and self-identity of the growing numbers of ICT entrepreneurs, this article Mills and Pawson (2012) conducted a qualitative research study to be able to come up with a new framework behind the psychology of entrepreneurship. The second text is taken from the third chapter of a business textbook written by Rauch and Frese (2007, p. 47) entitled “Born to be an Entrepreneur? Revisiting the Personality Approach to Entrepreneurship”. Similar to the journal article, the target readers of the textbook are the school teachers but also the students. In this particular text, Rauch and Frese mentioned that the broad personality traits such as extraversion, emotional stability, openness to experience, agreeableness, and consciousness, when combined with the specific personality traits like the need for achievement, risk-taking, innovativeness, autonomy, locus of control, and self-efficacy, will increase the chances wherein the entrepreneurs will be able to successfully achieve their personal and organizational goals. Officially published by the Business Insider, the third text which is a news article was written by Northrop (2012). ...Download file to see next pagesRead More
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