Joseph Schumpeter

The Enterprising Musician Essay Entrepreneurs are people, who create opportunities for themselves, risk takers, innovative, creative, always favor challenges of medium risk, and are highly optimistic. These people have the skills and initiative that are necessary to take good new ideas to market and make the right decisions to make the idea profitable. So for us, musicians, being an entrepreneur thinker is very important for us in order to make a living. There are so many careers in music

Where we get the word “entrepreneur” comes from the French, where the literal meaning is “undertaker”. An entrepreneur is essentially someone who undertakes, manages, and assumes any and all risks that come with the creation of a new enterprise. The English made this word part of their own in the mid 19th century, however entrepreneurship goes back further in history, all the way back to the ancient times. Even America was fundamentally founded by entrepreneurs. A joint- stock company known as the

As one looks at the history of entrepreneurship, they will notice the variety of definitions and entrepreneurial elements that economists use to explain the topic. Although there are many vital parts of this concept, Israel Kirzner developed his own view that many economists take into account when creating their own definition. Basically, Kirzner’s theory of entrepreneurship held the idea of alertness as its backbone. Without the use of alertness, entrepreneurs would never discover opportunities

INTRODUCTION Business growth is a good goal for most firms in general and is given great weight by the society. This could be seen with the list conjured up by the media, such as ‘Forbes Fast-Growing Companies’ and ‘Inc Fastest Growing Companies’ lists (Hupato 2011). The reason small firm growth has been prioritised by policy makers and the society is mainly due to its contribution to the economy (Bridge, O’Neill & Martin 2009). Small firm and entrepreneurship have so often been linked together

Entrepreneurial Process HCS/567 September 16, 2013 Peter Albright Entrepreneurial Process Entrepreneurs are inclined to pursue a four-step method to realize their goals. The four steps include identifying opportunities, developing a plan, determining the resources needed, and lastly managing the newly developed enterprise (Hirsh, Peters, & Sheppard, 2005). A well-defined grasp of the risk-taking progression is very significant in knowing the steps of a company officer or measuring

Entrepreneuring as Emancipation Rindova, Barry, and Ketchen 2009 Entrepreneuring: efforts to bring about new economic, social, institutional, and cultural environments through the actions of an individual or group of individuals → emancipatory process with broad change potential. This view foregrounds three aspects: (1) seeking autonomy, (2) authoring, and (3) making declarations. There exist four main approaches about what entrepreneurs distinguishes from managers: (1) creation of new

Chapter 5 ENTREPRENEURSHIP DEVELOPMENT ENVIRONMENT Entrepreneurship is not an inborn skill; it is a product of environment. It involves a complex of economic and social behavior. To be successful, an entrepreneur has to remain dynamic and responsible to the whole environment. Entrepreneurship can hardly survive under any given circumstances. It can flourish only under right environment. It is a part of total system. The social values, culture, government policies, political system, technology

1) To what extent is Naturis an entrepreneurial company? In 1988 Naturis was found as a joint venture between F&P 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 order

INTRODUCTION 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 “entrepreneurial activity with an embedded social purpose” (Austin et al. 2006).

innovation can be both internal and external. The former includes research and development, design, tooling up and marketing while the later are capital goods and equipment, consultancy, licences and acquisition of patents and scientific literature Schumpeter defines innovation as “new combinations” of existing resources. He called the work of combination “the entrepreneurial function” which is to be accomplished by entrepreneurs. One major reason for the invaluable role played by entrepreneurs to make