Entrepreneurial Enterprise

TABLE OF CONTENTS 1.Introduction 3 2.Characteristics of a Successful entrepreneur 4 3.Need of Achievement. 5 4.Need of Autonomy 6 5.Locus of spare.... 7 6.Risk Taking Propensity. 8 7.Entrepreneurial Self-Efficacy .. 9 8.Innovation..... 10 9. implementation Theory.. 11 Recommendations.................. 12 Conclusion................. 13 References.. 14 Bibliography.. 15 1.0 Introduction Entrepreneurship can be delimitate as the process of individuals who seek and exploit sparing opportunities. Stokes and Wilson (2010) settle an entrepreneurship is all about creating product line.

It is about creating value that former(prenominal) it has been created will spread like rings on irrigate through the financial bodys to benefit all people in the economies who embrace it. Entrepreneurship is dependent on a capitalistic organisation in a legal manikin that protects property rights, cost-efficient markets and access to resources such as capital, labour and knowledge. In order for a country to have entrepreneurs it has to establish such an environment. For entrepreneurship to express barriers such as trade regulations, a complex and slapdash tax system, beauracy, and poor legal enforcement has to be minimized. Entrepreneurs need to olfaction that their property rights are protected, that there is access to funding does from banks or venture capitalists that they can employ skilled workers and do descent in a contractual and a legal fashion model that can be tru sted. The qualities of an entrepreneur are ! highly of import if a business is to be started. There as some(prenominal) characteristics that essential be instilled in an entrepreneur in outrank to be successful. These characteristics...If you want to get a full essay, come in it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper