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 Regular  attendance
 No one allowed to enter late
 Regular submission of assignments
 For group assignment, peer feedback form to
  be filled and submitted.
 Defaulter in attendance will not get 10 marks
  of attendance.
 Dynamics   of entrepreneurship: Commitment
  & determination: Leadership
 Dynamics of entrepreneurship: Opportunity
  obsession: Tolerance of risk
 Dynamics of entrepreneurship :Ambiguity &
  uncertainty; Creativity , self-reliance and
  ability to adapt
 Dynamics   of entrepreneurship-Support from
  significant others ;motivation to excel
 Intrapreneurship and Entrepreneurship
 Entrepreneurship project
 Method for generating ideas
 Creative problem solving techniques
 Lateral thinking
 Analytical skills
1.  Internal Marks:40 marks
 Group assingment-20marks
 Individual assingment-10 marks
 Attendance-10marks
 Date of submission:31 march2011


1.   End term exam:60 marks
 An  economist defines an entrepreneur as one
  who brings resources, labour ,material and
  other assets into combinations that make
  value greater than before and also one who
  introduces changes , innovations and new
  order.
 A psychologist defines an entrepreneur as a
  person who is typically driven by some forces ,
  which creates a desire to obtain or attain
  something.
A  sociologist defines entrepreneur as a
  person whose actions would determines his
  social status and who contributes to the
  development of the society.
 Management experts define entrepreneur as
  a person who has vision and generates an
  action plan to achieve it.

“ Entrepreneur is an individual who takes
 risks and starts something new.”
1755   Cantillon     “A person bearing risk”
1800   say           “Agent combining all factors of production”
1921   Knight        “Recipient of pure profit”
1930   Weber         Innovator
1934   Joseph        “Ability to identify new opportunities”
       Schumpeter
1973   Kirzen        “Contributes to movement towards
                     equilibrium”
1982   Mark Casson   “Judgment decision maker in co-ordinating
                     scarce resources”
1987   Stevenson     “The relentless pursuit of opportunity”
       &Sahlman
1920   Gartner       “Action taken to create organization”

1991   Bygrave       “Characteristics of the entrepreneurial
       &Hofer        process”
 According  to schumpeter innovation is not
  same as invention , it can be any of the
  following:
 The introduction of a new product
 Adoption of new technology
 Opening up of a new market
 Finding of new source of supply
 Bringing about new organization of an
  industry.
 According  to Frederick Harbison “ an
  organization which comprises all the people
  required to perform the entrepreneurial
  function” like:
 Managing risk and handling of economic
  uncertainty
 Planning and innovation
 Coordination ,administration and control
 Routine supervision
 Peter  Drucker defines an entrepreneur as
  “one who always search for change ,responds
  to it ,and exploits it as an opportunity”.
 Max Weber defined entrepreneur innovation
  as an outcome of thoroughgoing rationalizing
  of every aspect of his enterprise.
 According to David McClelland ,entrepreneur
  are high on need for achievement(nAch).
 Le Vines shifts the emphasis from prevalent
  values to the social structure for need for
  achievement.
 Thomas  Cochran considers entrepreneurship
  to represent a model personality which is a
  consequence of prevalent cultural values ,
  role expectation and social sanctions.
 John Kunkel consider both behavioral and
  structural approach to entrepreneurship.
 Vision
 Knowledge
 Desire to succeed
 Independence
 Optimism
 Value addition
 Leadership
 Hardworking
 Risk taking ability
 Commitment    and determination
 Desire of responsibility
 Opportunity obsession
 Tolerance for risk ,Ambiguity and uncertainty
 Self- confidence
 Creativity and flexibility
 Desire for immediate feedback
 High level of energy
 Motivation to excel
 Orientation to the Future
 Willingness to learn from Failure
 Leadership ability
   Technical skills
Writing
Oral communication
Interpersonal
Technology
Ability to organize
Networking
Coaching
Guiding
 Business management skills:
Planning and organizing
Decision making
Controlling
Negotiating
Human relations
Financing
Marketing
 Personal   skills:
Discipline
Risk taking
Innovating
Change oriented
Persistent
Visionary leader

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Dynamics of Entrepreneurship

  • 1.
  • 2.  Regular attendance  No one allowed to enter late  Regular submission of assignments  For group assignment, peer feedback form to be filled and submitted.  Defaulter in attendance will not get 10 marks of attendance.
  • 3.  Dynamics of entrepreneurship: Commitment & determination: Leadership  Dynamics of entrepreneurship: Opportunity obsession: Tolerance of risk  Dynamics of entrepreneurship :Ambiguity & uncertainty; Creativity , self-reliance and ability to adapt
  • 4.  Dynamics of entrepreneurship-Support from significant others ;motivation to excel  Intrapreneurship and Entrepreneurship  Entrepreneurship project  Method for generating ideas  Creative problem solving techniques  Lateral thinking  Analytical skills
  • 5. 1. Internal Marks:40 marks  Group assingment-20marks  Individual assingment-10 marks  Attendance-10marks  Date of submission:31 march2011 1. End term exam:60 marks
  • 6.  An economist defines an entrepreneur as one who brings resources, labour ,material and other assets into combinations that make value greater than before and also one who introduces changes , innovations and new order.  A psychologist defines an entrepreneur as a person who is typically driven by some forces , which creates a desire to obtain or attain something.
  • 7. A sociologist defines entrepreneur as a person whose actions would determines his social status and who contributes to the development of the society.  Management experts define entrepreneur as a person who has vision and generates an action plan to achieve it. “ Entrepreneur is an individual who takes risks and starts something new.”
  • 8. 1755 Cantillon “A person bearing risk” 1800 say “Agent combining all factors of production” 1921 Knight “Recipient of pure profit” 1930 Weber Innovator 1934 Joseph “Ability to identify new opportunities” Schumpeter 1973 Kirzen “Contributes to movement towards equilibrium” 1982 Mark Casson “Judgment decision maker in co-ordinating scarce resources” 1987 Stevenson “The relentless pursuit of opportunity” &Sahlman 1920 Gartner “Action taken to create organization” 1991 Bygrave “Characteristics of the entrepreneurial &Hofer process”
  • 9.  According to schumpeter innovation is not same as invention , it can be any of the following:  The introduction of a new product  Adoption of new technology  Opening up of a new market  Finding of new source of supply  Bringing about new organization of an industry.
  • 10.  According to Frederick Harbison “ an organization which comprises all the people required to perform the entrepreneurial function” like:  Managing risk and handling of economic uncertainty  Planning and innovation  Coordination ,administration and control  Routine supervision
  • 11.  Peter Drucker defines an entrepreneur as “one who always search for change ,responds to it ,and exploits it as an opportunity”.  Max Weber defined entrepreneur innovation as an outcome of thoroughgoing rationalizing of every aspect of his enterprise.  According to David McClelland ,entrepreneur are high on need for achievement(nAch).  Le Vines shifts the emphasis from prevalent values to the social structure for need for achievement.
  • 12.  Thomas Cochran considers entrepreneurship to represent a model personality which is a consequence of prevalent cultural values , role expectation and social sanctions.  John Kunkel consider both behavioral and structural approach to entrepreneurship.
  • 13.  Vision  Knowledge  Desire to succeed  Independence  Optimism  Value addition  Leadership  Hardworking  Risk taking ability
  • 14.  Commitment and determination  Desire of responsibility  Opportunity obsession  Tolerance for risk ,Ambiguity and uncertainty  Self- confidence  Creativity and flexibility
  • 15.  Desire for immediate feedback  High level of energy  Motivation to excel  Orientation to the Future  Willingness to learn from Failure  Leadership ability
  • 16. Technical skills Writing Oral communication Interpersonal Technology Ability to organize Networking Coaching Guiding
  • 17.  Business management skills: Planning and organizing Decision making Controlling Negotiating Human relations Financing Marketing
  • 18.  Personal skills: Discipline Risk taking Innovating Change oriented Persistent Visionary leader