Chapter 1 Understanding Entrepreneurship. Copyright © Houghton Mifflin Company. All rights reserved.1 | 2 Tonight Administration, Comments and Questions.

Download Chapter 1 Understanding Entrepreneurship. Copyright © Houghton Mifflin Company. All rights reserved.1 | 2 Tonight Administration, Comments and Questions.

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  • Slide 1
  • Chapter 1 Understanding Entrepreneurship
  • Slide 2
  • Copyright Houghton Mifflin Company. All rights reserved.1 | 2 Tonight Administration, Comments and Questions Review and Recap Last Class Present Homework and Findings Chapters 1 and 2 In Class Group Exercise
  • Slide 3
  • Copyright Houghton Mifflin Company. All rights reserved.1 | 3 Learning Objectives Define entrepreneurship Explain the role of entrepreneurship Distinguish entrepreneurial ventures from small businesses. Describe the evolution of entrepreneurship Identify todays broad trends in the field of entrepreneurship.
  • Slide 4
  • Copyright Houghton Mifflin Company. All rights reserved.1 | 4 Definition of Entrepreneurship An Entrepreneur One who Organizes, Manages and Assumes Risk of a Business or Enterprise Merriam-Webster
  • Slide 5
  • Copyright Houghton Mifflin Company. All rights reserved.1 | 5 Entrepreneurship Entrepreneurship is a mindset Opportunity-focused Innovative Growth-oriented Can you add additional Characteristics and/or Attributes
  • Slide 6
  • Copyright Houghton Mifflin Company. All rights reserved.1 | 6 The Promise of Entrepreneurship An integrated input/output model The career assessment approach The new venture creation process
  • Slide 7
  • Copyright Houghton Mifflin Company. All rights reserved.1 | 7 Figure 1.1: The Entrepreneurship Process
  • Slide 8
  • Copyright Houghton Mifflin Company. All rights reserved.1 | 8 Figure 1.2: Entrepreneurship and Technological Change
  • Slide 9
  • Copyright Houghton Mifflin Company. All rights reserved.1 | 9 Outcomes of Entrepreneurship Economic growth New industry formation Job creation > Knowledge, Wealth, Philanthropy

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