Entrepreneurship: Factors & Impact

This assignment delves into the multifaceted world of entrepreneurship. It examines various factors that influence entrepreneurial intentions and behavior, such as educational programs, social norms, perceived behavioral control, human capital, and foreign direct investment. Additionally, the papers explore the impact of entrepreneurship on economic growth and development, highlighting its role in creating jobs, fostering innovation, and promoting societal progress.

ENTREPRENERUSHIP

Contents
Introduction:................................................................................................................... 3
P1. Types of entrepreneurial ventures and explain how they relate to the typology of entrepreneurship. . .3
P2. As part of your research investigation, explore the similarities and differences between
entrepreneurial ventures..................................................................................................... 4
P3. Assess and interpret relevant data and statistics in your mini-research, to illustrate how micro and
small businesses impact on the economy................................................................................ 5
P4 Explain how important small businesses and business start –ups will contribute to the growth of the
social economy............................................................................................................... 6
P5 the characteristics, traits and skills of two successful entrepreneurs, which differentiate them from
other business managers.................................................................................................... 7
P6 Entrepreneurial personality that reflect entrepreneurial motivation and mindset............................8
P7.With practical examples obtained through your mini-research, examine how background and
experience can hinder or foster entrepreneurship......................................................................8
CONCLUSION:.............................................................................................................. 9
REFERENCES:............................................................................................................ 10

Introduction:
This term define the process of the new business in the organization. The
entrepreneurship creates the new and innovative business. This term create the new design and
new development. The entrepreneurship is starting the first time business. This term evaluating
the small business in the organization and provide the new product and services and also
evaluating the new product development process. This term mostly affected only the running in
the process and determines the uncertainty of the risk in the organization. The entrepreneurship
creates the small business and evaluating the social, economic, education and environment factor
in the organization. The entrepreneurship creates the entrepreneur and entrepreneurial in the
organization. The entrepreneurial taking the best characteristic and this feature create the
innovation and risk taking system. The entrepreneur is making the process of the organization
and creating the value of the market places(Bolaj , 2012). This characteristic developing the
innovative plans and opportunity of the new process.
P1. Types of entrepreneurial ventures and explain how they relate to the typology
of entrepreneurship
Entrepreneurship creates the new business and developed the new ideas for the business
process in the organization. This term refer to the types of the entrepreneurship and evaluating
the best organization objectives. There are four types of the typology of the entrepreneurship are
as follows.
Lifestyle entrepreneur: The lifestyle entrepreneur creates the lifestyle of the market creates and
human taste related to the market. This type determines the human lifestyle, human culture and
process of the startup in new way. The entrepreneurial determine their nature and evaluating the
best objectives in this organization.
Serial entrepreneur: This type of the entrepreneurial creates the serial of the organization trades
and culture. This type creates the mini research of the new business startup and creates the
organization objectives. The mini research developing the process of the research in the
organization. The process determines the research topic and identifies the problem of the
research process in the organization. The serial entrepreneur creates the research data and
evaluating the internal and external data of the company.
Corporate and organization entrepreneur: these types of the entrepreneur evaluating the
corporate and organization factor in the market. The organization creates the many rules of the

government. This type of the entrepreneur creates the best decision and alternatives resources in
the organization. The corporate entrepreneur evaluating the corporate sector problem and taking
the new business and lunching the business(RAGU and MATI , 2011). The entrepreneur conduct
the mini research of the small sector and create the small sector objectives and goals. The
entrepreneur is which person that creates the process of the new business and conducting the
mini research. This type evaluating the corporate and organization objectives and also create the
vision and mission of the company. This is also creating the enterprise of the new development
process in the organization.
Social entrepreneur: This entrepreneur creates the social objectives and evaluating the profile of
the social factor in the organization. The social entrepreneur developing the growth of the social
economy. The entrepreneur developing the May networking plans in the social factor and create
the market gap. The entrepreneur developing the building of the new business and create the
open spaces for lunching the business in the organization. The social entrepreneur developing the
social factor of the income distribution.
Environmental entrepreneur: This type of the entrepreneur creates the environment factor with
the help of the government authority in the organization. This type creates the technical
innovation, employment and competition of the business. The entrepreneur provides the
competition and creating the needs and wants of the society and other business in the
organization. The environment entrepreneur create the small scale industry objectives and setting
the role of the gross domestic product in the organization level and international level(Sujarwo ,
2016). The entrepreneur promoting the facility of the income distribution and provide the best
alternatives.
P2. As part of your research investigation, explore the similarities and differences
between entrepreneurial ventures.
The research and investigation create the factor and alternatives resources in the
organization. The entrepreneur creates the mini research and conducting the stakeholder in the
market. The research evaluating the many techniques of the promotion of the product and
services. Research evaluating the marketing mix communication and developing the new process
development in the organization. The investigation evaluating the human satisfaction and
dissatisfaction related to the product. The research and investigation also evaluating the best
types of the entrepreneur in the organization. The social entrepreneur and corporate and
organization entrepreneur is the best type of the investigation and research in the market. The
similarities of the organization and social entrepreneur both are create the objectives and
opportunity of the new business (Savitha and et.al, 2014. ).
Social entrepreneur and business similarities Organization entrepreneur and business
similarities
 The social entrepreneur creates the
income distribution factor related to
 The organization entrepreneur
creates the business performance

the business in the startup. and process of the new business.
 The social entrepreneur developing
the growth of the company and
business developed the product and
services plan in the market.
 This entrepreneur creates the new
business development process and
business creates the new product
development process.
 This entrepreneur create the
networking plane of the developing
the innovation of the business.
Business also developing the new
ideas and development process.
 The organization entrepreneur
create the market place for the
lunching the business. The business
also creates the company and
partnership of the human.
 This entrepreneur developing the
business structure and business
developing the objectives and goals.
 The organization entrepreneur
creates the innovative plan for
startup and business creates the
vision and mission of the company.
The similarity also determine the male and female business
Female entrepreneur business similarities Male entrepreneur business similarities
 The female entrepreneur creates the
office work and determines the
business startup.
 Male entrepreneur create the best
alternatives resources to starting the
business.
 This type entrepreneur developing
the best efforts for lunching the
innovation business process.
 Male entrepreneur making the best
decision related to the business
process.
P3. Assess and interpret relevant data and statistics in your mini-research, to
illustrate how micro and small businesses impact on the economy.
Micro size business: The mini research conducting the types of the business. The business
divided into the micro, small and medium size business in the organization. The first one is
define the micro business in the organization. The size of the micro business determines the less
than ten employees and turnover is two million. Micro determines the environment external
factor.
Small size business: This type determines the small business that creates the less than fifty
employees and determines the ten million turnovers. The small business creates the small
population in the organization.
Medium size business: This type is determining the medium size data. This business evaluating
the less than two hundred employees and turnover is twenty million.
Mini research also investing the characteristics of the private business, sole proprietorship
business and partnership business. The private business creates the private sector to lunching the
new business and this business creates the long time relationship between the entrepreneurship
and business. This is creating the mini research and developing the objectives or the
organization. The private business create the best product and services and developing the new
product development process. This process determines the idea generation stage. This stage

evaluating the topic of the research and evaluating the alternatives resources in the organization.
The sole proprietorship business creates the best objectives and innovation plan in the
organization. The mini research conducting these types of the business. This business developing
the best resources in the organization(Cera and Furxhiu , 2017).
The entrepreneurship creates this business because this business makes the rules and
regulation regarding to the innovation plan and startup. The last is partnership create the two and
more than two employees in the business. The partnership characterizes the many facility and
provides the many facility their employees. The partner writes to use the partnership assets and
write to the decision making for the interest on capital. The mini research conducting the
research data and determine the primary and secondary data of the business. The primary data
create the many method of the research including the interviews questioner and mailing and
counseling. The secondary data create the internal and external data of the mini research. The
internal data create the many method including the libraries, literature, references and
bibliographic and create the sales analysis in the organization. The external data of the mini
research evaluating the international organization.
The area of economy determines the small and medium size economy in the organization. There
are four area of the economy that determines the small and medium sizes are as follows per
personal consumptions expenditure, investment, net export and government expenditure. This
are determine the topic of the economy research in the organization. The investment determines
the best policy for the business because the investment creates the relation between the business
and entrepreneurship in the organization. The personal consumption expenditure defines the
income level of the investment in the organization. The next one also creating the mini research
in the economy (Agboeze and et.al, 2013).
P4 Explain how important small businesses and business start –ups will contribute
to the growth of the social economy.
Important of small business: the import ants of the small business in our economy are as
follows and determine the best innovation plan to the startup.
Providing the technical innovation: This business making the best impotence to providing the
technical facility and creating the best resources in the organization. The technical facility create
the company improvement process in the quickly.
Providing the employment: The important of the small business that providing the best
employment in the entrepreneurship. The employment creating the best objectives and
innovation plan in the startup.
Providing competition: This business provides the best competition in the many factor including
the economy, social, lifestyle and corporate factor. Competition in basic part of the any
organization because this is creates the employee relation and their impotence.
Needs of the society: The importance of this business to identify the needs of the society and
provide the many facility in the level of the economy. It also important to create the economy
rate of the return.

Develop capital investment: The important to developing the capital investment and creating the
investment process in the organization. This process determines the alternatives resources and
seating the organization objectives.
Important of business startup: The important of the business startup to making the innovative
plan and Innovative process (Estrin , 2014).
Innovation: The important of the startup to creating the innovation plan and innovative
ideas to lunching the new business. The entrepreneur creates the best decision and innovation
techniques in the organization.
New job and economy growth: The important determine the new job and economy
growth in the organization. The startup creates the new job for the many economy human in the
society. It also very important to developing the economy growth.
Promoting and research innovation system: The important of the startup to promoting the
research innovation system and create the best system to the business plan.
Value of productivity into the society: It also very important to developing the product
productivity in the society. The society is most important part of the organization
Deference between small business and startup.
Basis Small business startup
Funding The small business exit the
without rising fund.
The startup not exists without rising the fund.
Risk The small business has small
risk related to the economy.
The startup has more risky for the small business.
Attracting
talent
Small business less than
attracting.
The startup more than attracting for the small
business because it hiring the best people possible.
P5 the characteristics, traits and skills of two successful entrepreneurs, which
differentiate them from other business managers.
The mini research evaluating the traits and skill of the social entrepreneur and determine
the many characteristics are as follows creativity and persuasiveness, versatility, risk tolerance
and vision and mission creator(Babić and et.al, 2011).
Creativity and persuasiveness: The entrepreneur is a creator and persuasive that creates the many
research in the organization. This is the best characteristic of the entrepreneur that defines the
creative in business decision making in the organization.
Versatility: The entrepreneur as a versatile and that making the best decision in the best situation
and create the best ideas. This characteristic determines the entrepreneur personality in the
entrepreneurship. This personality create and reducing the uncertainty of the risk and
maximizing the profit.
Risk tolerance: This characteristic determines the situation of the unlimited risk factor. The
entrepreneur reducing the risk and evaluating the best alternatives in the organization. This is the

most important characteristic of the entrepreneur that define the attitude of the human in the
position of the risk.
Vision and mission creator: This is also defining the personality of the entrepreneur and position
in the organization (Devadas and et.al, 2011). The entrepreneur creates the vision and mission of the
organization and setting the best and innovative plan and ideas. This personality also developing
the process of the innovation business in the organization.
Traits and skill: this is also determined the business opportunities and skill of the entrepreneur in
the organization. There are two entrepreneurs that make the skill and knowledge related to the
work environment. The social entrepreneur making the best skill to developing the new ideas and
new business. The social entrepreneur provides the competition in the organization it also
developing the needs of the society in the entrepreneurship. The organization entrepreneur
creates the business vision and mission. It determines the many difficult situations and he face
many difficult situations in the organization. The social entrepreneur and organization
entrepreneur is very deferent person because this determines the new ideas and new plan. The
other business manager creates the planning and organizing process to developing the
business(Djukec and Hunjet , 2016).
P6 Entrepreneurial personality that reflect entrepreneurial motivation and mindset.
Curious: This personality defines the skill and knowledge of the entrepreneur. This
personality creates the entrepreneurial motivation and their mind set. Entrepreneur evaluating the
social group of the people and developing the motivation theory. This theory determines the
human basic needs, wands and desire related to the product. This personality also effecting
human mind set because that is creating the alternatives resources and techniques in their
organization.
Creative: This is the best personality of the entrepreneur. This is creating the human mind set
because the entrepreneur setting the creating plans and ideas related to the business startup. It
also makes the best and innovative decision in the organization. The alternative decision create
the entrepreneurial mind set related to the environment
Responsible: This personality also determines the responsible person in the organization. This
personality creates the responsible person ion the entrepreneurship. The entrepreneur making the
best decision and alternatives plan in the organization.
Decisive: This personality may be determine the as a devisor and create the may function in the
organization. Entrepreneur as a devisor and deceive the many factor in the organization
P7.With practical examples obtained through your mini-research, examine how background and
experience can hinder or foster entrepreneurship.
The example of the entrepreneur are one of the Bill gates and Lemon .The mini research
conducting the background of the many factor including the education factor, social factor,
family background, experience, gender and nationality. The research evaluating the education
factor. As per the research evaluating the satisfaction of the student in the education sector. The
mini research also consists the many research of the primary and secondary data in the
organization. The research creating the family background in the organization.

Education factor: this factor is most important factor because this factor determines the
education. The Bill gates family is educated related to the master degree of the law. The Bill
gates start the new business. The lemon also related to the education background. The lemon
starts the innovation business (Pratono , 2014).
Social factor: This research evaluating the social factor in the organization. This research
evaluating the data of the human and research. The research is defined the satisfaction and
dissatisfaction of the human related to the social environment. The Bill gates also evaluated the
social factor in the organization because the Bill gates and lemon not the entrepreneurship
background.
Family background: The two examples of the mini research are Bill gates and Lemon. The
bother person family backgrounds are education base. Family background of the determine the
education background related to the law education. The Bill gates start the new business without
the help of the family.
Experience: They have no experience but also they starting the new business in the organization.
The experiences determine the past experiences related to the new business startup in the
economy and determine their family background(Šutalo and Mihaljevi , 2014).
CONCLUSION:
As per the mention report creating the mini research of the factor. This research also
evaluating the entrepreneur types in the organization. The entrepreneur creates their personality.
The personality reflects the human mind and human motivation in the organization. This report
evaluating the human background and their experiences of the lunching the business in the
organization. This research also evaluating the data of the research. The data determine the
primary data. The primary data of the entrepreneurship in most important part in the
organization. The entrepreneur making the best decision and new and innovative plan in the
organization. This report also determines the male entrepreneur and female entrepreneur in the
business. This research evaluating the social and organization entrepreneur in the organization.
The social entrepreneur providing the competition and provide the capital investment in the
organization.

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