Being an entrepreneur is more about doing something what one loves and especially something which can bring creativity, innovation and change. Over the last twenty years, entrepreneurship has been viewed mostly as the action of starting a new business and nothing more than it but a lot of economists decided to study the world of entrepreneurship and have drawn the conclusion that it was more about a certain spirit and also about an ability of opportunity spotting. Despite of the fact that a lot of people studied about the subject of entrepreneurship in the last four centuries, it is still difficult to provide a global definition of the term that everybody could agree with. Indeed a lot of things have been said or written about the subject, and the term entrepreneur has different meanings depending on the period of publication and the author who published the definition. Contrary to the popular belief, an entrepreneur is not automatically a person who looks for money or who tries really hard to create a business. Of course, it would be wrong to say that entrepreneurs don't like money or that they don't want to start their own business.
[...] • Schumpeter, J. (1979), Capitalisme, socialisme et démocratie, Payot, Paris (première édition anglaise intitulée "Capitalism, Socialism and Democracy" : 1942) • Schumpeter, J. (1934). The theory of economic development. Cambridge, MA, Harvard University Press. • Collins, R. (1990). Stratification, emotional energy and transient emotions. In T. [...]
[...] All the aspects developed in the last three parts are about theory and origin of entrepreneurship. The question that we are able to ask is how those elements fit in today's society. Entrepreneurship in today's society We are going to analyse the different aspect of the entrepreneurship process theory through examples of modern business ventures that could show us how the theory can apply in today's business models. The first company that is it interesting to analyze is Microsoft because it is one of the most, if not the most successful business story of the history. [...]
[...] This company doesn't have anything to see with Microsoft neither for the nature of the product or the size of the company but they both contain key features of entrepreneurship. The Innocent story starts in summer 1998 when Richard and two friends, after graduating from Cambridge University and working in advertising for four years decide to set up a fresh fruit juice company. To do so, they bought £500 of fruit, turned it into smoothies and sold them from a stall at a music festival. [...]
[...] This point is really important because people who obtain Emotional Energy that way are particularly keen to be entrepreneurs. The opposite of this pride mode is called the shame mode or shame-based mode. It is characterized by David Goss (2005) as the fact that would defines people who “would be expected to be susceptible to routine conformity and lacking the Emotional Energy necessary to engage in radical innovation”. He says also that “the strong link between shame, anger, aggression, and rage can mean that it is capable of generating significant (negative) EE in this way. [...]
[...] Interaction and emotions in the sociology of entrepreneurship, available at https://www.entrepreneur.com/tradejournals/article/131007476_6.html , Visited on December 6th 2008) • McClelland, D.C. (1961), The Achieving Society, D. Van Nostrand Co., Princeton, NJ. • Hagen, E.E. (1962), On the Theory of Social Change: How Economic Growth Begins, Dorsey Press, Homewood, IL • Gilad, B.S. (1982), "On Encouraging Entrepreneurship: An Interdisciplinary Approach", Journal of Behavioral Economics, Vol No.1, pp.132-63. • Gilad, B.S. (1986), "Entrepreneurial Decision Making: Some Behavioral Considerations", in Gilad, B.S., Kaish, S. [...]
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