Entrepreneurial Enterprise

TABLE OF CONTENTS 1.Introduction 3 2.Characteristics of a Successful enterpriser 4 3.Need of Achievement. 5 4.Need of Autonomy 6 5.Locus of stay.... 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 be as the process of individuals who seek and exploit sparing opportunities. Stokes and Wilson (2010) end an entrepreneurship is all about creating product line.

It is about creating value that erstwhile(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 scheme 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 bespeak barriers such as trade regulations, a complex and swampy tax system, beauracy, and poor legal enforcement has to be minimized. Entrepreneurs need to spirit 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 business enterprise in a contractual and a legal fabric that can be trusted. The qual ities of an entrepreneur are highly import! ant if a business is to be started. There as some(prenominal) characteristics that must(prenominal) 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

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