Entrepreneurship The Entrepreneurial Function - 1623 Words

The entrepreneurial function implies the discovery, assessment and exploitation of opportunities, in other words, new products, services or production processes; new strategies and organizational forms and new markets for products and inputs that did not previously exist (Shane and Venkataraman, 2000). The entrepreneurial opportunity is an unexpected and as yet unvalued economic opportunity. Entrepreneurial opportunities exist because different agents have differing ideas on the relative value of resources or when resources are turned from inputs into outputs. The theory of the entrepreneur focuses on the heterogeneity of beliefs about the value of resources (Alvarez and Busenitz, 2001: 756). Entrepreneurship – the entrepreneurial function, can be conceptualized as the discovery of opportunities and the subsequent creation of new economic activity, as a majority or active shareholder who, in many small and medium–sized firms, assumes both the entrepreneurial and manager ial functions (Reynolds, 2005). Due to the fact that there is no market for â€Å"opportunities† where the entrepreneur could sell the opportunity to others who will develop it, the entrepreneur must exploit them, meaning that he or she must develop his or her capabilities to obtain resources, as well as organize and exploit opportunities. The downside to the market of â€Å"ideas† or â€Å"opportunities† lies in the difficulty involved in protecting ownership rights of ideas that are not associated with patents orShow MoreRelatedBiography Of Joseph Schumpeter ( 1883-1950 )933 Words   |  4 Pagesentrepreneur for successful innovations (Fagerberg 2006). The essay explores Schumpeter’s legacy with respect to both understanding entrepreneurship and innovation and application of that understanding. Entrepreneurship Entrepreneurship is an organized effort that is aimed at pursuing a unique, innovative opportunity so as to make quick, profitable growth. Similarly, entrepreneurial opportunities are those circumstances where new goods, services, raw materials and organizing methods may be brought intoRead MoreEntrepreneurial Behavior and Perspective1553 Words   |  7 PagesDecember 1, 2012 Topic Title: Entrepreneurial Behavior and Perspective Material Title: Defining and Measuring Entrepreneurship Summary The reading focuses on the definition of entrepreneurship in different contexts and on measuring the level of entrepreneurial activity. Entrepreneurship has been defined differently through neo-classical and economic literatures. Theoretical definitions of entrepreneurship reflect a diverse set of ideas about the role of entrepreneurship in the economy, involvingRead MoreThe Promise of Entrepreneurship as a Field of Research638 Words   |  3 PagesPROMISE OF ENTREPRENEURSHIP AS A FIELD OF RESEARCH 1.0 Introduction To date, the phenomenon of entrepreneurship has lacked a conceptual framework. A research has been conducted in the difference social science disciplines and applied fields of business to create a conceptual framework for entrepreneurship. 2.0 Definition of Entrepreneurship Entrepreneurship is defined solely by the researchers in terms of who the entrepreneur is and what he or she does. The study of entrepreneurship must involveRead MoreThe Difference Between An Entrepreneur And A Business Owner1681 Words   |  7 Pagesa small business owner (SBO); however, not every SBO could be seen as an entrepreneur. This essay develops the understanding of the difference between an entrepreneur and a business owner as well as entrepreneurial self-efficacy and its relations of one’s performance. The study of entrepreneurship was first brought out by Schumpeter (1934), his work had sum up a brief description of an entrepreneur. Entrepreneurs are those who continuously seeking opportunities on economic development or growthRead MoreCorporate Entrepreneurship: A Case Study of IBM1178 Words   |  5 Pagesand changing market dynamics are forcing them to innovate and build alternative revenue streams that will grow to become new core businesses. Part of the problem lies in the corporate culture of large organizations, particular with respect to entrepreneurship. As Lawton (2012) note, corporate culture should be something that looks and feels organic, even if it is not. Cultures never exist in a vacuum management must take steps to foster cultures. In a large company like IBM, the culture is likelyRead MoreTo What Extent is Naturis an Entrepreneurial Company?1245 Words   |  5 Pages1) To what extent is Naturis an entrepreneurial company? In 1988 Naturis was found as a joint venture between FP Riso Gallo, a well-known ialien producer of rise and Puccinelli, which its field of competence is in the production of dehydrated vegetables. Naturis was perceived as a research oriented entreprise which was exploring potential opportunities with regards to the dehydration process. Naturis was set up through corporate venturing which includes the creation of a new business. In orderRead MoreResource Based View of Social Entrepreneurship: Puting the Pieces Together813 Words   |  3 PagesINTRODUCTION The emerging field of social entrepreneurship calls for a need for new integrated theories to contribute to the discipline and help grow the field. Social Entrepreneurship has been a topic of academic interest for the past few decades; however there has been little scholarly output in mainstream journals (Short, Moss, Lumpkin 2009). Social entrepreneurship is commonly defined as â€Å"entrepreneurial activity with an embedded social purpose† (Austin et al. 2006).Read MoreTheories of Entrepreneurship1647 Words   |  7 PagesIntroduction Entrepreneurship is a phenomenon that is driving the world economy today and aptly so because entrepreneurship is the process of creating economic and social value by means of taking risks, creating and exploiting opportunity and generating new ideas. Entrepreneurship is all pervasive and can exist in any industry and market. Also, entrepreneurship is not limited to creating new ventures; entrepreneurship also exists in large corporations like Google and 3M where employees are encouragedRead More What do you understand to be the concept of entrepreneurship and why1626 Words   |  7 PagesWhat do you understand to be the concept of entrepreneurship and why has it become such an important area of focus? Q2) What do you understand to be the concept of entrepreneurship and why has it become such an important area of focus? The concept of entrepreneurship is often viewed as a function, which involves the exploitation of opportunities, which exist within a market. Such exploitation is most commonly associated with the direction and/or combination of productive inputs. Entrepreneurs Read More21200 Words   |  5 Pagesï » ¿ CHApter1 2.What key insights does the GEM study provide us about entrepreneurship?      Of particular interest to GEM is early stage entrepreneurial activity, which consists of businesses that are just being started and businesses that have been in existence for less than three and one-half years. While the high rates of entrepreneurial start-up activities occur in low-income countries, where good jobs are not plentiful such as brazil, china, Argentina. Low rates occur in high-income countries,

Climate Change Man Made or Planetary Cycle - 1858 Words

Our climate is changing and we are all seeing and feeling the effects. This could either be brought upon by our interaction with the environment through our development and advancement, or can be a natural cycle of our planet/biosphere. The issue of global warming has been stressed to the various world leaders by the scientific community, as science points to the dangers in elevated greenhouse gasses (Revkin, 2012). â€Å"Global emissions of carbon dioxide jumped by the largest amount on record in 2010, upending the notion that the brief decline during the recession might persist through the recovery. Emissions rose 5.9 percent in 2010, according to the Global Carbon Project, an international collaboration of scientists. The increase†¦show more content†¦Our American culture thrives on materialism, which is the foundation of the American dream that everyone in the world lusts after. We see this in how much oil and fossil fuels the United States consumes as, we pave our str eets, serve and cover our food, and develop life saving products from the black blood of the earth. If we do not change the consumption rate of our natural resources we will have nothing to support our civilization, and nothing to give to the future of our human race. â€Å"Sometime this century the day will arrive when the human influence on the climate will overwhelm all other natural factors. Over the past decade, the world has seen the most powerful El Niqo ever recorded, the most devastating hurricane in two hundred years, the hottest European summer on record, and one of the worst storm seasons ever experienced in Florida. With one out of every five living things on this planet committed to extinction by the levels of greenhouse gases that will accumulate in the next few decades, we are reaching a global climatic tipping point (Flannery, 2005 cover summary).† The human impact on all life is a serious problem for everything on this biosphere. We have been the driving for ce that has lead to the extinction of multiple species. World renowned conservationist Tim Flannery describes one of these examples in his book Weather Makers. In his account, Flannery describes a species of toad that meets their entire species end dueShow MoreRelated Global Warming - We CAN Make a Difference Essay1251 Words   |  6 Pagestemperature rises occurring in winter. Storms would become more severe all around the world. The Northern Hemisphere will dry out and a greater occurrence of lightning strikes will set massive forest fires. The burning of the Earth by natural and man-made forest fires will release large quantities of carbon dioxide into the atmosphere. Decreased rainfall in places like rain forests and will results in increased rainfall in places like the deserts. In some regions, river flow will be reduced or stoppedRead MoreThe Global Climate Change Debate Essay2025 Words   |  9 PagesGlobal Climate Change Debate – How do I know what to believe? Introduction: Climate change has been a topic of debate for decades. Scientists support climate change is happening with hard scientific evidence whereas the people who oppose climate change have evidence which is mainly opinion-based. This report will cover what climate change is, why climate change is happening, the science that supports climate change, the different views and opinions on climate change, the effects of climate change aroundRead MoreJUSTIN SALISBURY TRIES A LITTLE RECOGNITION1167 Words   |  5 Pagesbeing as important as military and political. Buzan goes so far as to define the five security sectors, one of the security sector are environmental security which concerns the maintenance of the local and the planetary biosphere as the essential support system on which all other hu biosphere man enterprises depend(Buzan 1991, 19-20). 3. The military sector in about relationships of forceful coercion, the political sector is about relationships of authority, governing status and recognition, the economicRead MoreGeography Topics3206 Words   |  13 Pagesheliocentric view of the universe. â€Å"The trouble was that nothing he could say or do made people feel they were living on a moving, spinning planet† (Gingerich amp; MacLachlan, 2005, p. 111) The four major contributors to the development of modern astronomy after Copernicus were Johannes Keppler, Galileo Galilei, Isaac Newton and Albert Einstein. Keppler defended the Copernican system in developing the three laws of planetary motion. Kepler’s First, Second and Third Laws are 1. The orbit of every planetRead MoreNatural Environment3300 Words   |  14 Pageshuman intervention, including all vegetation, microorganisms, soil, rocks, atmosphere and natural phenomena that occur within their boundaries. Universal natural resources and physical phenomena that lack clear-cut boundaries, such as air, water, and climate, as well as energy, radiation, electric charge, andmagnetism, not originating from human activity. The natural environment is contrasted with the built environment, which comprises the areas and components that are strongly influenced by humans. ARead MoreResearch Paper on Climate Change: the Myth of Global Warming4031 Words   |  17 PagesResearch Paper on Climate Change: The Myth of Global Warming DEDICATION This Research Paper is lovingly dedicated to our respective parents who have been our constant source of inspiration. They have given us the drive and discipline to tackle any task with enthusiasm and determination. Without their love and support this project would not have been made possible. ACKNOWLEDGEMENT We would like to acknowledge the contributions of the following group and individuals to the developmentRead MoreResearch Paper on Climate Change: the Myth of Global Warming4045 Words   |  17 PagesResearch Paper on Climate Change: The Myth of Global Warming DEDICATION This Research Paper is lovingly dedicated to our respective parents who have been our constant source of inspiration. They have given us the drive and discipline to tackle any task with enthusiasm and determination. Without their love and support this project would not have been made possible. ACKNOWLEDGEMENT We would like to acknowledge the contributions of the following group and individuals to the developmentRead MoreWeathering and Erosion1752 Words   |  8 Pagesyears, changes in Earths orbit affect the amount and distribution of solar energy received by the Earth and influence long-term climate Surface temperature differences in turn cause pressure differences. Higher altitudes are cooler than lower altitudes due to differences in compressional heating. Weather forecasting is the application of science and technology to predict the state of the atmosphere for a future time and a given location. The atmosphere is a chaotic system, so small changes to oneRead MoreThe Greenhouse Effect - Causes Impacts4209 Words   |  17 Pagescommon usage to refer to the infrared trapping as the greenhouse effect in atmospheric applications where the air trapping is not applicable. Solar radiation at the frequencies of visible light largely passes through the atmosphere to warm the planetary surface, which then emits this energy at the lower frequencies of infrared thermal radiation. Infrared radiation is absorbed by greenhouse gases, which in turn re-radiate much of the energy to the surface and lower atmosphere. The mechanism is namedRead MoreEnvironmental Issues And Is The Bright Future Possible?2009 Words   |  9 PagesOcean system collapse, electronic and nuclear waste, deforestation, pollution and so on. People keep being concentrated. What is the role of state in any of these problems, what is our role, how we can help, our can we? Is not it too late to make a change in this situation. Most of the unique resources of the planet are gone forever. Maybe the most important factor is the overpopulation, which effects are quite severe. The depletion of resources is the first one of these effects. There is a limited

Banning Internet Censorship free essay sample

An argument advocating the full right to free speech on the Internet, with a focus on pornography. This paper explores both sides of the internet censorship debate and settles upon the advocacy of unbridled free speech. The following topics are discussed in detail the presence of child pornography on the internet; the unique global audience that the internet attracts; the subsequent inconsistent standards for indecent material; the efforts of conservatives and liberals to enact internet-related legislation; and the possible consequences of curtailing the internets voice. The paper ends with the notion that silencing indecent material on the internet would silence a world-wide web of voices that is still growing as we speak. Harmful objects are kept from children by locks on doors and tabs on cupboards. Now, right-wing Conservatives wish to apply this same child-proofing strategy to the Internet. The Communications Decency Act backed by such groups as the Family Research Council and the Christian Coalition would have made it illegal to transmit indecent material to children online, had it not been struck down by the Supreme Court. We will write a custom essay sample on Banning Internet Censorship or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The similarly themed Child Online Protection Act sought to demand ID verification from those that visit adult sites. The problem with such legislation is that the Internet unlike television, radio, or print is trafficked by a global audience unaffected by the strength of broadcast signals or the location of paper routes. For this very reason, provincial definitions of pornography or indecent material cannot be applied to the Internet without abridging First Amendment protection. To ban pornography from the Internet would be to curtail a medium that is fully deserving of the right to free speech.