ENTREPRENEURSHIP

What is Entrepreneurship?
• Entrepreneurship is both the study of how new
businesses are created as well as the actual
process of starting a new business.
• is a process of innovation and new-venture creation
through four major dimensions-individual,
organization, environment, process - and aided by
collaborative networks in government, education
and institutions.(Kuratko, et al. 1995)
Difference between businessman and
Entrepreneur
Difference between businessman and
Entrepreneur
Difference between businessman and
Entrepreneur

Moderate
Difference between businessman and
Entrepreneur
 Characteristics of the Entrepreneur
• Entrepreneurs are in good physical health condition
• Entrepreneur have superior conceptual abilities
• Entrepreneurs have the broad thinking of the generalist
• Entrepreneurs have high self-confidence
• Entrepreneurs have strong personal drive
• Entrepreneurs need to control and direct
• Entrepreneurs have moderate interpersonal skill
• Entrepreneurs are moderate risk takers
 Characteristics of the Entrepreneur
• Entrepreneurs have a realistic outlook
• Entrepreneurs have a high degree of emotional stability
• Entrepreneurs have low need-level for status