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greek word entreprendre
Where did the word entrepreneiurship come from
to undertake
what does entreprendre mean
Entrepreneur
people who take risks of starting a new business
Employment Creation, economic development, technological advancement, market dynamics, socio-cultural changes
Importance of entrepreneurship in society
Agripreneurship (ex. dragon fruit farm)
Type of entrepreneurship where it focuses on the selling of various agricultural goods
Buyer Entrepreneurship (ex. Tony Tan CAktiong, Jollibee)
where business individuals possess capital and utilize it to buy established companies or merge with smaller companies.
Ecopreneurship (ex. The Bamboo Company)
type of entrepreneurship wherein it is also called green business it aims on saving earth while making good profit
Imatator Entrepreneurship (ex. Xiaomi)
type of entrepreneurship where in the company copies or adapt successful businesses.
Intrapreneurship (ex. Gmail)
type of entrepreneurship, being an entrepreneur within a company
Large Business Entrepreneurship (ex. Globe Telecom)
type of entrepreneurship includes taking calculated risks to develop new market offerings
Scalable startup entrepreneurship (Ex. Kumu)
small scale enterprise that quickly expands
Small Business Entrepreneurship (ex. ukay)
smaller scale rather than expanding to a corporation
Social Entrepreneurship (ex. Bambike)
type of entrepreneurship that is creating products to address social issues
Technopreneurship (ex. ethernet)
type of entrepreneurship that combines technology and entrepreneurial skils.
Small Medium Micro Sized Enterprises
SMME
Sole proprietorship
business is owned by a single person
Partnership
business is owner by 2 or more people
Corporation
business has its own identity, separate and distinct from stockholders.
Cooperative
business is owned by a group of people with common interest, this is voluntary.
Leadership, Articulate, Sociable, Adaptable, Collaborative, Multifaceted, Resilient, Proactive, Innovative, Risk-Taker, Creative, Passion
Entrepreneurial Competencies:
Extrinsic Motivation
motivating individuals in completing a task by offering rewards
Intrinsic Motivation
motivating individuals because they are passionate about the business
Achievement motive
type of intrinsic motivation where in the individual has a strong motivation to succeed
Affiliation motive
a type of intrinsic motivation, the act of pursuing an emotional connection with others
Power motive
an individual is motivated by the desire for control, influence and ability to change circumstances
Dreamer, Designer, Detailer
Generating Business Ideas steps
Note
Flashcard