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BY
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An individual who takes risks and starts
something new for its business
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Marco polo who establish to attempted atrade route to the far east .
MIDDLE AGES
In the middle ages , the term ENTREPRENEURused to describe both an actor and a personwho manage large production projects
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17th CENTURY
The remergement connection of risk withENTREPRENEURSHIP developed in 17th century being aperson who entered into the contractual arrangement
price was fix and results to loss and profits 18th centur
A person with capital is different from the other who
dont have it . He was distinguish with the capitalprovider to the people
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19th and 20th century
In 19th and 20th century ENTREPRENEUR were viewed asa economic prospector
They organize and operates an enterprise for personal
business
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the value by devoting the necessary time andeffort assuming the accompanying financialp ys ic an socia ris an recieveing t eresulting rewards of menetory and personal
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Change from present lifestyleWork environment Form new entre rise
Disruption Desirable1. Culture
2. Subculture. am y
4. Teachers5. Peers
POSSIBLE
1. Government2. Background3. Marketing
.5. Role models
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categories1. Life style firms
2. Foundation companies
3. High potentials ventures
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The firm life style
Is privately held and usually achieves only modestgrowth rate due to nature of the business andobjectives . This type of firm usually growth after
revenues of $ 2 millions The foundation com an
Is created from research and development and lays a
foundation for a new business area . This firm cangrow in to 5 to 10 years from 40 to 400 amd from 10 to20 million in revenue
Is one that recieves the greates investment and interest
foundation .its growth is far more rapid. Could employ500 people and revenue is $ 30 millions 10
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innovations in the economic development ofan area there is still a lack of understandingo t e pro uct evo ution process. T is is t eprocess through which innovations develop
ENTREPRENEURSHIP
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Government as an ENTREPRENEUR
The government is one conduit for commercializing theresults of the synthesis of social needs and technology .This is also called technology transfer and has been focus
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INTRAPRENEURSHIP
That is within the existing organization and can also bridgethe gap between the science and the market place
Another method to bridge the gap between science and.
marketing skills , marketing capabilities and financial
resources
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carrier and education . It is due to suchfactors like moral job creation andinnovations
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TECHNICAL SKILLS
1. Writing
2. Oral communication
3. on or ng env ronmen
4. Technical business management
5. Technology
6. Interpersonal
7. Listening
8. Ability to recognize
9. Network building
10. Management styles
11. Coching
12. Being a team player
PERSONAL ENTREPRENEURSHIP SKILLS1. Inner control
2. Risk taker BUSINESS MANAGEMENT SKILLS
1. Planning ang goal settings
2. Decision making
3. Human relations
4. Marketing
.4. Change oriented
5. Persistent6. Visionary leader
5. Finance
6. Accounting
7. Management
8. Control
9. Negotiaitions
7. Ability to manage change
10. Venture launch
11. Managing growth
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organizational climate precieved to thesupportive of the law and professionals codeo et ics
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