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Entrepreneur Types

Four entrepreneurship stages by GEM

According to Global Entrepreneurship Monitor, there are four entrepreneurship phases. the potential phase nascent phase new-business phase established-business phase While most students who have never created a new business before are potential entrepreneurs. And people who engage in setting up a new business are “nascent entrepreneurs”. When you are running a new business that has […]

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Entrepreneur Types ScholarlyReading

Typology of entrepreneurial activities

Prof Scott W. Kunkel from University of San Diego suggested a new approach to classification in the field of Entrepreneurship in 2001. Prior efforts have attempted to classify types of entrepreneurs or types of entrepreneurial ventures. His paper suggests that classifying types of entrepreneurial activities offers some significant advantages to the other two alternatives. This […]

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Entrepreneur Types

You’re not a real entrepreneur? Fit your organization into the four types of entrepreneurial organizations

I remember my discuss with my friend Viktor along the cold water rocky beach in Switzerland. We were arguing who can be titled as an entrepreneur. I believed that small businesses along the street are also entrepreneurs, while Viktor believed otherwise. He told me entrepreneurs do not include restaurant owners or salon owner on the […]

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EntreTraining

Six schools of thoughts defining entrepreneurship

According to Cunningham and Lischeron (1991), there are six different schools of thoughts defining entrepreneurship. They are: (1) the ‘‘great person’’ school of entrepreneurship, (2) the psychological characteristics school of entrepreneurship, (3) the classical school of entrepreneurship, (4) the management school of entrepreneurship, (5) the leadership school of entrepreneur- ship, and (6) the intrapreneurship school […]

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EntreTraining

Service provision aids VS skill development aids: Different supports for entrepreneurs

The service providers are economic development practitioners who assist entrepreneurs by providing technical and financial assistance to start, develop, and grow their businesses. The service providers differ from one community to another and operate by offering a range of services to local entrepreneurs. The critical consideration is that although these service providers offer services that […]

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EntreSkills

Rome is not built in one day: Entrepreneurial skill development process

The skill development process (Fischer, 1980) provides a framework for understanding how entrepreneurs can be assisted in their businesses. A single skill passes through different levels during its development. A person who acts independently at the highest level of performance uses a functional level of skill. When a person gets support in the form of […]

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EntreTraining

Why entrepreneurship education and training fail: the importance of the demand-supply match

Many entrepreneurship training initiatives do not actually address the needs of entrepreneurs, because of a significant gap between the perceptions of training providers and those of participating entrepreneurs in terms of training needs (Boter & Lundstram, 2005; De Faoite et al., 2003; Wyckham, Wedley, & Culver, 2001). Kayne (2002) found such a gap in Maine […]

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Entrepreneur Types

Entrepreneurship as a career choice: start with Hollan’s theory

Article source: careers.govt.nz (This article is directly quoted here from its original source: Hollan’s theory) Careers are determined by an interaction between our personality and the environment in John Holland’s Theory of Career Choice. We want jobs with people like us. John Holland’s Theory of Career Choice (RIASEC) maintains that in choosing a career, people […]

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Entrepreneur Types

Craftsman entrepreneurs VS Opportunistic entrepreneurs

Smith and Miner (1983) who categorize entrepreneurs by basic entrepreneurial patterns. On one end of the continuum, they identify artisan or craftsman entrepreneurs. These are persons who create a new venture in order to exploit their technical or job experience. They have strong technical expertise but often lack other essential skills like management experience and […]

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EntreSkills

17 entrepreneurial skills: how far are you to entrepreneurship?

This article is to offer you a list of entrepreneurial skills well developed and recognized by academic scholars Lichtenstein and Lyons (1996) and Lyons and Lyons (2002). Have a look and tell me by commenting below: how far away are you from being a qualified entrepreneur? Meta-category Sub-skills Technical skills   managing operations; managing supplies […]