An entrepreneur who creates, starts and then sells a venture is known as?
Serial entrepreneur
What is a driving force behind contemporary entrepreneurship?
Globalization, ICT
Who coined the term intraprenuer?
Gifford Pinchot
Innovation is?
doing new things
What is the main motive of business?
Profit
A person that takes initiative to bundle resources in innovative ways and is willing to bare the risk of uncertainty is a?
Entrepreneur
An individual who establishes a business in order to provide for his family is known as a?
Survivalist
Who is the father of innovation?
Joseph Schumpeter
Having the drive to continue irrespective of obstacles is a characteristic of being ?
Persistent
An individual who has no prior experience in starting a business is known as a?
Novice
An entrepreneur who create multiple business ventures throughout his lifetime is?
An habitual Entrepreneur
What is the difference between entrepreneurship and entrepreneurial?
entrepreneurship is the making of business and entrepreneurial is a way in which an entrepreneurship would carry something out
The author of management theory and practice and bridged the gap between management and entrepreneurship?
Peter Drucker
What is creativity?
thinking new things
An individual who is thinking of starting a business is known as a?
Nascent
An entrepreneur who owns more than one business at the same time is known as?
Portfolio entrepreneur
This entrepreneur uses his hobby to create a business
Lifestyle Entrepreneurship
Creative destruction is the process whereby products, processes, ideas are replaced by new ones. Which theorist made this preposition?
Joseph Schumpeter
An entrepreneur who displays the characteristic of not not backing down is being?
Aggressive
the role of Entrepreneurship in Economic Development is? (at least 2)
Innovation is depicted as a key to economic development.
Product-evolution process: Process through which innovation is developed and commercialized.
Iterative synthesis: The intersection of knowledge and social need that starts the product development process.
What contribution does an entrepreneur provide to the economy? (at least 2)
Income
Job Creation
Standard of living
What is the central concept of entrepreneurship?
Innovation and creativity
This person theorize that a person bearing risk is different from one supplying capital
Richard Cantillon
An entrepreneur who is goal oriented, is displaying a characteristic of being a ?
Systematic Planner
Another name for an intrapreneur is?
Cooperate Entrepreneur