MUHAMMAD EIMAN HARIDZ BIN ZAMIRUDDIN

2016229592
NATURE OF ENTREPRENEURSHIP
• Dynamic process involve the creation of:
• Incremental wealth
• Innovation of new things
• Create value by individuals
• Take significant risk in term of time, capital and commitment.

• Entrepreneurship entails:
• Identifying
• Evaluating
• Exploiting entrepreneurial opportunities
 TECHNOLOGY ENTREPRENEURSHIP
• Style of business leadership focuses on:
• Identifying high potential
• Technology intensive business oppurtunity
• Gathering resources
• Managing accelerated growth and risk
DIMENSIONS OF ENTREPRENEURSHIP
• Risk taking
• Creativity & innovation
• Oppurtunity exploitation
• Proactiveness
 RISK TAKING
• Tedency to engage in a risky venture that has potential to become
either succesfull project or failed project.
• Willingness to commit significant resources.
• In order to obtain higher rewards is come from greater risk.
• Requires cautious and sound decision making.
 CREATIVITY & INNOVATION
• Ability to develop, discover and exploit entrepreneurial oppurtunities.
• Creativity involve generation of new and useful ideas.
• Innovation invoves process of implementing and converting new
ideas into something of value to the market.
• Process comprise ideas, beliefs and actions that are directed toward
generating new economic activity.
 OPPURTINITY EXPLOITATION
• To gain economic return from the discovery of potential
oppurtunities.
• Often result in the creation of new venture as well as the wealth
associated with it.
 PROACTIVENESS
• Propensity to act on information, ideas and oppurtunities in a timely
and speedy manner.
• Able to identify oppurtinities and act on them:
• Show initiative
• Take action
• Preserve until they bring about meaningful change