StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Implementing Entrepreneurial Ideas - Essay Example

Cite this document
Summary
In the essay “Implementing Entrepreneurial Ideas” the author discusses a state of mind that reflects how a person focuses his attention and uses his experience and behavior to a specific objective. Intentions are what differentiates an entrepreneur from a normal person…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.9% of users find it useful
Implementing Entrepreneurial Ideas
Read Text Preview

Extract of sample "Implementing Entrepreneurial Ideas"

Entrepreneurship has been difficult to define therefore academics have mostly resorted to defining its characteristics to derive the meaning of this function. However the entrepreneur is usually an individual, a person, rather than an institution, and as a consequence, it is always the persona that is the focus in any discussion and in any environment, whether in an individualistic organization or a conglomerate. It is believed by some that the term "entrepreneur" is considered equivalent to "founder of a new business" (Gartner, 1985).

He is the one who decides on the strategy of his enterprise.Writers have described entrepreneur as a person who’s chief and distinctive abilities are to take risks, has knowledge of market functions and manufacturing know-how has marketing and management skills and finally possesses the ability to co-operate with others (Littunen 2000). He is able to foresee the unknown and be daring enough to try it out of absolute desire to take the risk. According to Wiklund and Shepherd (2003), they have a mindset that has a strategic orientation for decision making in a specific style, method, and practice.

BibliographyBird, B., (1988), Implementing entrepreneurial ideas: The case for intention. Academy of Management Review, 13, 3, pp 442-453. Retrieved June 23, 2009, from Library and Information Service, Curtin University of Technology.Bird, B., (1992), "The operation of intentions in time: the emergence of the new venture", Entrepreneurship Theory and Practice, 17, 1, pp 11-20. Retrieved June 23, 2009, from Library and Information Service, Curtin University of Technology.Gartner, W. B., (1985), A conceptual framework for describing the phenomenon of new venture creation.

Academy of Management Review, 10(4), 696-706.Littunen, H., (2000), Entrepreneurship and the characteristics of the entrepreneurial personality, International Journal of Entrepreneurial Behavior & Research, 6, 6, pp 295-309. Retrieved June 23, 2009, from Library and Information Service, Curtin University of Technology.Wiklund, J., and Shepherd, D., (2003), Knowledge-based resources, entrepreneurial orientation, and the performance of small and medium-sized businesses, Strategic Management Journal, 24 (13): 1307-1314.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Implementing Entrepreneurial Ideas Essay Example | Topics and Well Written Essays - 416 words, n.d.)
Implementing Entrepreneurial Ideas Essay Example | Topics and Well Written Essays - 416 words. Retrieved from https://studentshare.org/business/1555930-entrepreneurship-university-level-paper
(Implementing Entrepreneurial Ideas Essay Example | Topics and Well Written Essays - 416 Words)
Implementing Entrepreneurial Ideas Essay Example | Topics and Well Written Essays - 416 Words. https://studentshare.org/business/1555930-entrepreneurship-university-level-paper.
“Implementing Entrepreneurial Ideas Essay Example | Topics and Well Written Essays - 416 Words”, n.d. https://studentshare.org/business/1555930-entrepreneurship-university-level-paper.
  • Cited: 0 times

CHECK THESE SAMPLES OF Implementing Entrepreneurial Ideas

Who does the task People or machines. What is the right mix

In truth it is more of a debate since machines are a product of man hence the priorities have been clearly set apart at the beginning of the discussion.... However the subject is then… The question then turns its focus on who does the task; men or machines.... Although the earlier logic can prevail here; the focus of the subject demands and examination of the task and the relevance of both men and machines for A task is the name or identification of a simple work or a complex project that can have sub-tasks or strings of works attached to it (Anderson 1999)....
25 Pages (6250 words) Essay

Different conceptions of entrepreneurial strategies

hellip; The conclusion from this study states that on the basis of the theoretical and practical outline of the different ideas of entrepreneurship, the paper has discussed various entrepreneurship strategies of the two great and notable economists such as Schumpeter and Kirzner along with a polished argument regarding comprehensive approach towards the entrepreneurial strategies.... In the paper, the different conceptions of entrepreneurial strategies are taken into concern in the discussion....
7 Pages (1750 words) Essay

The Fields of Innovation and Entrepreneurship

Entrepreneurship can be defined as a dynamic process of creation, vision and change that requires an application of passion and energy towards the implementation and creation of new creative solutions and ideas.... Without innovative ideas and plans a business cannot be developed or implemented in market.... For this reason he should implement innovative ideas in the offered products or services so that those can attract people in a different way....
12 Pages (3000 words) Essay

Entrepreneurial Self Reflective Analysis

hellip; These characteristics that entrepreneur share to become successful businesspersons, determine how successful the entrepreneur is in formulating ideas and enforcing them towards achieving the set goals and objectives.... The overall result of the test that are presented in the essay also challenges the ability of the researcher to develop innovative ideas.... Different people have different abilities and ideas.... This essay describes the entrepreneurial self-reflective analysis and analyzes some characteristics, that entrepreneurs share in order to become successful businesspersons....
7 Pages (1750 words) Essay

Entrepreneurship in Description

They are capable of using the energies of others to focus on the implementation of innovative ideas, are willing to take risks but are driven by a desire to be independent and be competitively responsive to customer needs (McGrath and MacMillan 2000).... This literature review "Entrepreneurship in Description" analyzes the concept of entrepreneurship....
7 Pages (1750 words) Literature review

The Leader and Change Agent in Action

"The Leader and Change Agent in Action" paper states that while entrepreneurship is not an institution nevertheless the process can be considered as pivotal in an institutional setting as well.... Entrepreneurs are individuals that have exceptional qualities to do the extraordinary.... hellip; Leadership is a process that changes the economic equilibrium by disturbing a set of accepted processes through innovative practice....
14 Pages (3500 words) Coursework

Entrepreneurial Skills and Business Management

It entails the development and incorporation of fresh and new ideas in a unique manner to solve issues.... This paper "entrepreneurial Skills and Business Management" discusses leadership values and change.... This means that entrepreneurial leadership should entail dynamic thinking in order to make informed decisions (Goossen & Stevens, 2013).... Henceforth, this brings a vital element of entrepreneurial leadership known as innovation....
6 Pages (1500 words) Coursework

Old Economy Management of Hilton Hotels In Saudi Arabia

As the world has globalise and competition has increased, corporations have a need to develop the entrepreneurial spirit into the managerial and customer service strategy (Timmons 2004).... The importance of entrepreneurial management strategy also relates to the need to incorporate unique skill sets and knowledge management into the corporate environment (Rigsby and Greco 2003).... This often has an effect on the balance between work and life for the employee, and difficulties often arise when employees do not embrace excitement, innovation and opportunity, the essence of the entrepreneurial spirit (Rigsby and Greco 2003, Timmons 2004)....
9 Pages (2250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us