Differing perspectives of entrepreneurship.
Member rating:
(1 vote)
| Words:
| Submitted: Thu Feb 05 2004
On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:
Differing perspectives of entrepreneurship. Differentiating Entrepreneurs from Small Business Owners: A Conceptualization. Schumpeter can be identified as one of the first academics to put forward the notion that an entrepreneur was distinguishable from the rest of the community by certain traits. When considering this idea we must be careful to differentiate between small business owner and entrepreneurs as well as small businesses and entrepreneurial ventures, although there is an overlap. Different author attempt to identify different traits an entrepreneur may have, Mill (1848) points towards risk bearing propensity as a central trait whereas Schumpeter argues that because risk bearing is inherent in ownership it is not so, Brockhaus adds weight to the argument with his findings that there is no statistical link. Schein's (1979) work attaches significance to creativity as does Martin (1982) who points out that entrepreneurial creativity is different to artistic creativity. The theme of innovation Schumpeter believes to...

