Documenti di Didattica
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ESB
New venture creation
Business
idea
Start-up
Success
Resources Business
plan
Start-up capital
Financial
capital
Human Social
capital capital
Souqalmal
Barriers to start-up
(situational & psychological)
Push factors Pull factors
(situational): Need for regular income (psychological):
Unemployment Fear of loss of capital Independence
Disagreements Triggers
No capital
Recognition
‘Misfit’ Personal
No other Risk averse development
option Wealth
Doubts about ability
Marc Demarquette
Demarquette
Myths about entrepreneurs
They …
are visionary
have good ideas & you don’t
are risk takers
have money & you don’t
are extraordinary forecasters
are not like the rest of us
& you don’t know how to take the plunge
Entrepreneurial character
Drive & determination
Acceptance of Creativity,
measured risk & innovation &
uncertainty opportunism
Internal locus
of control
Need for independence
Jack Cator
Jack Cator’s top tips
Openness
Conscientiousness
Extraversion
Agreeableness
Neuroticism
Influences on our character traits
Situational
factors
Cultures
& sub-
cultures
Personal
character
traits
Burns
Adam Schwab
Adam Schwab
Dimensions of culture
Hofstede, 1981
National cultures
Low High
South America, USA, UK, France,
INDIVIDUALISM
Saudi Arabia, Australia, Canada
Pakistan
USA, UK, South America,
Germany, POWER DISTANCE France, Malaysia,
Scandinavia Saudi Arabia
USA, Austria,
North Europe MASCULINITY UK, Japan,
Germany
Entrepreneurship & national cultures
LOW HIGH
HIGH INDIVIDUALISM
HIGH MASCULINITY
National/Individual
entrepreneurial culture
Sadaf Gallery
Education
Age
Family background
Partnering
Gender
Golden Krust
GK History
General Enterprise Tendency (GET) test
Creativity
Risk taking
GET
General Enterprise Tendency (GET) test
Problems with psychological testing of
entrepreneurs are the varying definitions of
entrepreneur, numerous characteristics
attributed to entrepreneurs & uncertainty
about their significance
Literature review undertaken to support test
suggested an emphasis on these key
characteristics & the test was built on this
Enterprising tendency is defined as the
tendency to start up & manage ‘projects’ - not
just a business
Growth firms
Bannatyne
Intrapreneurial characteristics
1. Does striving to make things work better occupy as much of your time as
working on existing systems and duties?
2. Do you get excited about work?
3. Do you think about new business ideas in your spare time?
4. Can you see what needs to be done to make new ideas happen?
5. Do you get into trouble for doing things that exceed your authority?
6. Can you keep your ideas secret until they are tested & more developed?
7. Have you overcome the despondency you feel when a project you are
working on looks as if it might fail & pushed on to complete it?
8. Do you have a network of work colleagues you can count on for support?
9. Do you get annoyed & frustrated when others cannot successfully
execute your ideas?
10. Can you overcome the desire to do all the work on a project yourself &
share responsibility with others?
11. Would you be willing to give up some salary to try out a business
idea, provided the final rewards were adequate?
Pinchot, 1985
Social entrepreneurship construct
risk tolerance,
pro-activeness,
innovation
social
social judgement
opportunity
recognition entrepreneurship capacity
entrepreneurially
virtuous