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Essay / Research Paper Abstract
This 9 page paper looks at the concept of an entrepreneur and the way that the student may develop entrepreneurial skills for themselves. The bibliography cites 10 sources.
Page Count:
9 pages (~225 words per page)
File: TS14_TEpdpent.rtf
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Unformatted sample text from the term paper:
or getting new ideas to market. In order to develop the skills associated with entrepreneurship it is necessary to consider what skills and personality traits need to be developed, so
to create a personal development plan the first stage is to define the desired outcome; define the entrepreneur. When looking at definition of entrepreneurs these are wide ranging,
but there are some commonalities in all of the descriptions. The need for innovation and top pioneer changes is present in all definitions; however, the level of entrepreneurship may also
be seen on a range of scales, form those who simply want to be self employed, to those who want to change the world (Drucker, 1993).
The origins of the word come fro the French "entreprendre" meaning to undertake (Drucker, 1993). By applying this to a commercial meaning the initial meaning is
to start up a business, this can be defined as "someone who organizes a business venture and assumes the risk for it" (Hyperdictionary, 2003). Timmons builds on this stating that
an entrepreneur is someone who is willing to take both financial and personal risks. However, this may also be too broad as we can argue not all self employed people
are entrepreneurs, they lack the attitude and drive, and even the motivation. Therefore we need to look deeper than this to gain a better insight.
Looking at a more targeted opinion of entrepreneur the views of Joseph Schumpeter can be considered. Here the emphasis is on innovation rather than leadership, looking at
the development of new products, the development of new methods of production, new organisational form or the development of new markets. When we look at a range of individuals that
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