Iq1 ENTREP L1

entrepreneurship

a large degree of mindset always striving to do new things in an innovative and better way

degree of mindset, new things innovative

what is entrepreneurship?

entreprende

Entrepreneurship is derived from the French word…

to undertake

entreprende meaning

Jean Baptiste

As mentioned by _______, entrepreneurs are individuals who create value… .

Peter Drucker

father of modern management

entrepreneurs

individuals who create value by shifting resources from lower valued to higher valued activities

create value by shifting resources

entrepreneurs meaning

jobs, innovation, productivity, growth, government

entrepreneurship as an economic force

idea generation, feasibility study, planning, execution, evaluation

entrepreneurial process and mindset

creativity and innovation, confidence and initiative, strong work ethic

characteristics 1

leadership and communication, financial and business knowledge, adaptability and decision-mkaing

characteristics 2

creates jobs and reduces unemployment

economic force 1

encourages innovation and technological progress

economic force 2

increases productivity and competition

economic force 3

supports the growth of local industries and exports

economic force 4