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Rationale
Teaching and Learning Resources
Customised Programmes for Universities, Colleges, Business Schools and Organisations
Web-based, Module-specific Free Self-directed Study Resources for Teachers and Learners
Related Programmes and Modules
Foundation and Pre-University Modules and Courses
Programmes, see also
Related Programmes and Workshops
Foundation and Pre-University Modules and Courses
For further information see also
Click on image above. Abstract We test two competing hypotheses on what makes an entrepreneur: nature - attitude towards risk, I.Q., and self-confidence; or nurture - family background and social networks. The results are based on data from a new survey on entrepreneurship in Brazil, of 400 entrepreneurs and 540 non-entrepreneurs of the same age, gender, education and location in 7 Brazilian cities. We find that family characteristics have the strongest influence on becoming an entrepreneur. In contrast, success as an entrepreneur is primarily determined by the individual's smartness and higher education in the family. Entrepreneurs are not more self-confident than non-entrepreneurs; and overconfidence is bad for business success. |
Entrepreneur Centre
Rationale
Entrepreneurship is the practice of starting new organizations, particularly new businesses generally in response to identified opportunities. Entrepreneurship is often a difficult undertaking, as a majority of new businesses fail. Entrepreneurial activities are substantially different depending on the type of organization that is being started. Entrepreneurship may involve creating many job opportunities.
Many "high-profile" entrepreneurial ventures seek venture capital or angel funding in order to raise capital to build the business. Many kinds of organizations now exist to support would-be entrepreneurs, including specialized government agencies, business incubators, science parks, and some NGOs. Our understanding of entrepreneurship owes a lot to the work of economist Joseph Schumpeter and the Austrian School of economics. For Schumpeter (1950), an entrepreneur is a person who is willing and able to convert a new idea or invention into a successful innovation. Entrepreneurship forces "creative destruction" across markets and industries, simultaneously creating new products and business models and eliminating others. In this way, creative destruction is largely responsible for the dynamism of industries and long-run economic growth. |
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Despite Schumpeter's early 20th-century contributions, the traditional microeconomic theory of economics has had little room for entrepreneurs in their theories. (ref. The Economist Magazine, March 11, 2006, pp 67).
For Frank H. Knight (1967) and Peter Drucker (1970) entrepreneurship is about taking risk. The entrepreneur is the kind of person that is willing to put his career and financial security on the line for an idea, spending his time and capital in an uncertain venture. Still another view of entrepreneurship is that it is the process of discovering, evaluating and exploiting opportunities. An entrepreneur could be defined as "someone who acts without regard to the resources currently under his control in relentless pursuit of opportunity " (Jeffry Timmons).
Some notable persons and their works in entrepreneurship history:
Pinchot (1985) coined the term intrapreneurship to describe entrepreneurial-like activities inside organizations and government.
William Baumol is a living economist who has added greatly to this area of economic theory over many years, and was recently honoured for it at the 2006 annual meeting of the American Economic Association. (source: The Economist, March 11, 2006, pp 67)
Howard Stevenson, of Harvard University, believes that entrepreneurship is the "pursuit of opportunity without regard to resources currently controlled".
Entrepreneurship is often regarded as a defining characteristic of American life. Robert Sobel published The Entrepreneurs: Explorations Within the American Business Tradition in 1974.
A study published by Regan Sydney and Jacob showed that the characteristics of successful entrepreneurship are perceived in different ways; investors, "intrapreneurs", and founders of young companies agree on many ideas, but have important differences, too. For example, founders tend to believe that tenacity is an important trait more frequently than investors. Investors tend to put slightly more
- Defining entrepreneur
- Entrepreneur as a risk bearer
- Entrepreneur as an organizer
- Functional and indicative approach to entrepreneur definition
- Entrepreneur as a person willing to engage uncertainty
- Entrepreneur as a leader
- The entrepreneurial personality
- Typical characteristics of entrepreneurship
- Community entrepreneurship
- Entrepreneur
- Entrepreneurial Economics
- List of management topics
- Entrepreneurial education
- Political entrepreneur
- Social Entrepreneur
- Junior Enterprise
- Business incubators
- Business opportunity
Community Forums:
- Entrepreneur Talk
- Entrepreneurship
- Young Entrepreneur Forum with resources
- Young Entrepreneur Forum
- Young Go Getter
Organisations:
- AIESEC
- JADE European Confederation of Junior Enterprises
- Silicon Valley Association of Startup Entrepreneurs
Other Links:
- Definitions of entrepreneurship
- Funding Universe Strategy Tree Wiki
- Ewing Marion Kauffman Foundation largest U.S. philanthropy dedicated to entrepreneurship.
- Texas Entrepreneurship Network
- Reference article on Entrepreneurship by Mark Casson
- Award-winning film, LEMONADE STORIES, on entrepreneurs and their mums by Mary Mazzio
- Asian-Nation: Asian American Entrepreneurship by C.N. Le, Ph.D.
- Entrepreneur Interviews nPost.com
- Entrepreneurship Properly Understood
- University and College Entrepreneur Societies
- US Small Business Administration
- Artistic Entrepreneurship
- Large Network of Entrepreneurs
Blogs About Entrepreneurship:
- Businesspundit- Entrepreneur
- Dr. Jeff Cornwall Professor of Entrepreneurship
- Barry Moltz- Entrepreneur
Today's Videos
- Connect with us on http://www.youtube.com/finntrack
- Google's Play lists
Module Structure
Programmes, Teaching and Learning
Select your Programme, Teaching and Learning Contents for Entrepreneurship Related Programmes and Modules below:
BA Business Administration Degree
Entrepreneurial Management Programme
Prior Readings
- Communicating
- Essential Marketing Skills
- Fundamentals of Business Law
- Office Skills - A Practical Approach
- Organisational Behaviour on the Pacific Rim
Core Modules - Certificate in Entrepreneurship
- Entrepreneurship - Theory, Process and Practice
- Accounting - Information for Decisions
- Information Technology, Communications and E-Business
- Business Planning
- Project
Optional Modules - Certificate in Entrepreneurship (select one)
- Business and Society - Ethics and Stakeholder Management
- Management of Diversity
- Strategic Marketing
- Operations Management
- People and Organisations
Core Modules - Diploma in Entrepreneurship
Optional Modules - Diploma in Entrepreneurship (select one)
- The Changing Shape of Work and Organisations
- International Management
- Leadership Development
- People and Organisations
- Business Law Today
MA in Entrepreneurial Management
Teaching and Learning Contents for
- Research Data Collection, Literature Review
- Revision
- Seminars, Workshop Topics,
- Self-directed Study,
- Subject Guides,
- Supplementary Teaching Plans,
- Etc.
Select your Entrepreneurship Related Teaching and/or Learning Guides and Workshops below:
Foundation and Pre-University Courses
Select your Foundation Programmes and Teaching and Learning Guides below from Foundation Centre.
Recommended Texts
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Entrepreneurship Check the availability and buy your books from our Bookshop. |
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Entrepreneurship Kuratko,
Donald F. Hodgetts,
Richard M. ISBN: 0-324-25826-7 ©2004 Check the availability and buy your books from our Bookshop.
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Essentials
of Entrepreneurship and Small Business Management Third Edition by Thomas
W. Zimmerer Norman
M. Scarborough Check the availability and buy your books from our Bookshop.
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Small
Business Management - An Entrepreneurial Emphasis,
12e Longenecker, Justin G. Baylor University Moore,
Carlos W. Petty,
J. William Check the availability and buy your books from our Bookshop. |
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Effective
Small Business Management by Norman M. Scarborough, Thomas W. Zimmer Check the availability and buy your books from our Bookshop. |
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Entrepreneurial
Management Check the availability and buy your books from our Bookshop. |
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The National Council for Graduate Entrepreneurship (NCGE) was formed in 2004 with the aim of raising the profile of entrepreneurship and the option of starting your own business as a career choice amongst students and graduates. By understanding the circumstances in which graduate entrepreneurship can flourish, NCGE's goal is to influence, and inspire, an increase in the number of students and graduates who give serious thought to self-employment or business start-up. The Council, which is based in Birmingham, is not only focused on graduates starting businesses, but understanding, developing and promoting a culture of entrepreneurship within Higher Education through research, education and facilitation. NCGE aims to become the national focal point for graduate entrepreneurship and will collaborate with bodies across the UK.
Strategic Partners
See also
JADE is a student-run, pan-European network representing more than 20.000 young entrepreneurs in 225 local non-profit organisations, called Junior Enterprises. A Junior Enterprise is a local non-profit organization entirely managed by students. Related to their field of studies the students offer consulting services to the market; experiencing unique learning opportunities by doing professional project work on the one side and managing small- to medium sized enterprises on the other, by doing this the students add practical experience to their theoretical skills. Most Junior Enterprises are linked to universities or schools.
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SFEDI is the Small Firms Enterprise Development Initiative, a company started and principally funded by the Department of Trade and Industry that works under contract to the UK government to develop occupational standards for small business managers and advisers, primarily active in the field of National Vocational Qualifications (NVQs).
Business Link is the United Kingdom Government’s multi-channel support service for micro, small and medium sized companies (SMEs). As a non-political organisation it is dedicated to helping new and existing businesses innovate, improve, grow and become more competitive.
Business Link is built on the belief that all businesses, whether new or established, need to improve and grow continually if they are to compete effectively and meet their future goals. As such, easy access to relevant and affordable business information, advice and assistance is the catalyst to their future success.
Business Link services are delivered by 45 county-based Business Link Operators. These are funded by the Department for Trade and Industry and managed by the nine Regional Development Agencies.
Business Link only covers the regions of England. Elsewhere in the UK, its counterparts are Business Gateway (Scotland), Business Eye (Wales) and InvestNI (Northern Ireland).
Investors in People (IiP) is a voluntary assessment scheme backed by the UK Department for Education and Skills. IiP was developed in 1990 through a partnership of businesses and other national organisations. The scheme aims to improve organisational performance through better planning, implementation and evaluation of learning and development programmes, across organisations of all sizes and sectors.
The concept of Putting the Customer First was originally initiated in Yorkshire and the Humber, UK in 1999 - through the Business of Competitiveness Group. The Group were driven to increase the quality of publicly funded business support - so undertook some research and development work to look at what the issues were in the county and what could be done to tackle them.
The Framework
The Putting the Customer First Framework focuses on the customer and their experience of the business support organisation and the services they deliver. To find out more about the Framework and the Assessment Process click on the following:
- Background and History
- Benefits
- The Framework
- Scope
- The Assessment Process
- Evidence
- The Assessors
- Costs
- FAQs
The Small Business Administration, or SBA, is a United States Government agency that provides support to small businesses.
- Reducing the Deficit: Spending and Revenue Options, Congressional Budget Office, March 1997, Section 9
- Small Business: Expectations of Firms in SBA's 8(a) Program Are Not Being Met, Government Accountability Office, July 20, 2000
- Overview and History of the SBA
- Overview of the SBA's SBIR program
- Small Business Loans - UK
- Small Business Administration - Official Website
- SBA History page (includes some info on predecessor agencies)
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