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Literature review entrepreneurship development

There are many factors which will contribute to an enterprise's success. Much of the literature on entrepreneurship can be divided into two broad camps focusing on individuals and structure respectively (e.g. The first seeks to explain the prevalence of entrepreneurs in terms of innate psychological traits or how special characteristics are formed in certain social s. Entrepreneurship Development in Neria – The entrepreneur plays a vita role in the process of economic growth and development. [1986] in a paper presented in on entrepreneurship development in Neria said that an entrepreneur is a contractor, an organizer of an enterprise for the public, a resourceful person with a dream.

Literature review entrepreneurship development

Literature review entrepreneurship development

Other researchers have sought the entrepreneurial personality in risk-taking propensity, internal locus of control, tolerance for ambuity, over-optimism and need for autonomy (cf. The structural tradition on the other hand seeks to understand how social, cultural and institutional factors induce entrepreneurship. Some argue that deviance and marginality encourage entrepreneurship, but most authors instead emphasize that cultural and institutional support, including good access to resources, is what encourages entrepreneurship (Martinelli 1994).

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  • Kets de Vries (1977) similarly argued that the entrepreneurial personality was the result of a particularly painful upbringing.


    Literature review entrepreneurship development

    Literature review entrepreneurship development

    Literature review entrepreneurship development

    Entrepreneurship is a multifaceted phenomenon, being analysed as a process, a resource or a state-of-being. An early and important contribution to the study of entrepreneurial individuals was David Mc Clellands The Achieving Society (1961).

    Literature review entrepreneurship development

    He also noted that during the colonial period, only few of Nerians could boast of personal or family capital to start off any meaningful business and hence the next place of for business and financial was bank. PROFESSIONAL WRITING TRAINING The goal is not always to explain entrepreneurial action on the micro level, but rather the amount of entrepreneurial activity in a certain place or time (Reynolds 1991).


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