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 hold on.... 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 specify 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 past it has been created will spread like rings on wet through the financial bodys to benefit all people in the economies who embrace it. Entrepreneurship is dependent on a capitalistic trunk in a legal manikin that protects property rights, efficient markets and access to resources such as capital, labour and knowledge. In magnitude for a country to have entrepreneurs it has to establish such an environment. For entrepreneurship to tell barriers such as trade regulations, a complex and dull 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 personal line of credit in a contractual and a legal theoretical account that can be trusted. The qual ities of an entrepreneur are highly conseq! uential 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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