entrepreneurship is viewed as important to (Philippine Setting)
- empowering the poor
- enhancing production, - impetus to innovation.
Entrepreneurship is viewed as
- Economic tradition
- Social-psychological tradition
- Emergence tradition
- Opportunity tradition
seeking wealth, resources
Economic Tradition
recognizes entrepreneurship as an engine of economic growth.
1987 Phil. Constitution
Creating new organization to transform the factors of production into certain output.
The Emergence Tradition
Discovery, evaluation and exploitation of opportunities to introduce new goods and services, ways of organizing, markets, processes and raw materials .
The Opportunity Tradition
Associated with business creation like family business, small business and social entrepreneurship and business success.
The Social-Psychological Tradition
refers to the concept of developing and managing a business venture in order to gain profit by taking several risks in the corporate world.
Entrepreneurship
Entrepreneurship teaches us to
- create oppurtunities
- ensure social justices
- stimulate the economy
- take risk
principles of entrep
- Reinventing the vision
- Sucess with oppurtunism
- Surrender sovereignity
- Become your competitor worst nightmare
- Nurture the entrepreneurial spirit
- Unstoppable companies through teamwork
Types of intrepreneur
Innovative
Imitating
Fabian
Refers to a specific state of mind which orientates human
Entrepreneurial
Skillset
Creativity
Teamwork
Idea Generation
Oppurtunity Analysis
Market research and costumer validation
Design thinking
Prototyping
Business model methodology
Pitching
Public speaking
