Definitions of the entrepreneurial function

9 ANSWERS

1. 

   Perfectionist

   * The person who assumes risk associated with uncertainty
   
   * The person who supplies financial capital
   
   * An innovator * A manager or superintendent
   
   * An organiser and coordinator of economic resources
   
   * An industrial leader * An owner of an enterprise
   
   * An employer of factors of production * A contractor
   
   * An allocator of resources among alternative uses

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2. 

   Perfectionist

   ‘Entrepreneurship is a human, creative act that
   builds something of value from practically
   nothing. It is the pursuit of opportunity regardless
   of the resources, or lack of resources, at hand. It
   requires a vision and the passion and commitment
   to lead others in the pursuit of that vision. It also
   requires a willingness to take calculated
   risks’ (Timmons, 1989; p48)

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3. 

   JohnDeagle

   The term entrepreneur originates from the French word
   entreprendre – to undertake or ‘go between’
   

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4. 

   Paco

   Marco Polo is cited as early entrepreneur or go-between, in his attempt to establish trade routes to Far East
   

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5. 

   JohnDeagle

   Entrepreneurship is about more than ‘loadsamoney’
   and Richard Branson or Alan Sugar types or even
   ‘Dragons Den’and ‘The Apprentice’ individuals
   
   Became an ‘academic’ area of study as early as 1755,
   when economist Richard Cantillon introduced the term
   itself and idea that entrepreneur plays highly specialised role
   

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6. 

   Technik

   
   In the social sciences, agreement about the concept of entrepreneurship is lacking (Watson 2001). However, two fundamental perspectives can be differentiated: one stresses self-employment, while the other situates innovative behavior at the center of interest.
   If the entrepreneur is described as a small-business owner, entrepreneurship can be equated with self-employment (Bögenhold 2000). Connected with this research perspective are mod-els of a structural change in the economy, where small and smallest enterprises appear to be the great hope for overcoming the ossifications of Fordistic capitalism. The revival of the small businessman is believed to be crucial both for economic development and renewal, as well as for the qualitative improvement of working and living conditions (cf. Schumacher 1973; Birch 1981; Piore and Sabel 1984).
   

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7. 

   Nerd

   thumbs up to perfectionist!

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8. 

   Nerd

   thumbs up to perfectionist!

   Report abuse     Oct 26, 2011 06:10 PM  |   Thumb Up (0)   0 (0)

9. 

   Wasssel

   below answers are perfect

   Report abuse     Oct 26, 2011 06:53 PM  |   Thumb Up (0)   0 (0)