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Entrepreneurial Venture

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Added on  2023/01/16

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This presentation provides an overview of entrepreneurial ventures, including the types of ventures, similarities and differences between them. It also explores the concept of entrepreneurship vs intrapreneurship. The presentation aims to enhance understanding of the entrepreneurial landscape and the role of entrepreneurs in the business world.

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ENTREPRENEURI
AL VENTURE

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Content
Introduction
Entrepreneurship Vs Intrapreneurship
Different types of entrepreneurial venture
Similarities & differences between entrepreneurial ventures
Conclusion
References
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.
Introduction
Entrepreneurship is stated as starting a
new venture by executing
innovative idea into action with well
defined aim of generating huge
revenue. Those are capable enough
to take risk and are accountable to
take decision on their own stake are
termed as entrepreneur
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Definition of Entrepreneurship
Entrepreneurship is the ability and readiness to develop and organise the
working ability to run a business enterprise along with any of its
uncertainties in order to make a profit (Entrepreneurship - Types of
Entrepreneurship, 2019).
Entrepreneurship can be explained as the process commencing new business
and allowing themselves to bear any of its risk for the purpose of earning
the profit (Entrepreneurship, 2018).

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Entrepreneurship Vs
Intrapreneurship
It is simply explained as the process
of designing launching and
running any of the new business
entity in a successful manner.
The one who takes the
responsibility to start the business
in it is known as entrepreneur
Intrapreneurs are the one who is self-
motivated, proactive and action
oriented people who works for
purpose of development of
innovative product and services. It
is basically a time consuming
process where proper research is
required to be conducted.
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Different types of entrepreneurial
ventures
Entrepreneur is stated as an individual who bear all the risk and profit of the
new venture which is started him/her in the global market. It is takes all the
decision regarding the business growth and development as well as it's
operation activity. Entrepreneur come up with those goods and services
which are mostly demanded by customers in the global market but are
displayed in the open market in creative and innovative way.
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Continue..
Typology of entrepreneurship: The entrepreneurial ventures are closely
interconnected with distinguish typologies that are elaborated beneath:
Male: This type of typology is prohibiting female members in decision
making process of the company. Male entrepreneurship is majorly male
dominated organization and are running the business more effectively in cut
throat competitive world.

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Similarities and difference between
entrepreneurial ventures
Small business, Scalable start up,
Large company and Social
entrepreneurship are various
entrepreneurial ventures. They
all are having some
similarities and differences
that are showcased as under:
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Continue..
Basis Small
business Scalable start
up Large company Social
entrepreneurship
Definition In this low
capital is
required due to
which business
is operating at
small level.
Scalable start-up
business is
running in the
global market so
as to attain it's
designed vision
with appropriate
planning and
tactics.
In the cut throat
competitive world
large organization is
putting more
emphasis on
discovering more
creative and
innovative goods and
services as per the
dynamic environment
requirements.
The other name of
social
entrepreneurship is
innovators who come
up with creative idea
in the new market. It
is done to meet the
community
necessities.
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Basis Small business Scalable start
up Large company Social
entrepreneurship
Characteristi
cs
There is less
government
interference in
small business.
As well as
limited or less
resources are
used in this type
of business.
This type of
business put
more emphasis
on venture
capital so as to
flourish the
organization at
tremendous
scale in short
time span.
It changes
according to the
variance in
customers needs
and demand. It is
ever ending process
in the open market
place.
Necessary resources
are acquired easily for
operating the business
smoothly because there
is complete support
from government side.

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Basis Small business Scalable start up Large company Social entrepreneurship
Roles In order to gain
huge revenue
resources are
utilized at op
To utilise
limited
resources to
earn profit.
They have role
to search
repeatable and
scalable model.
In order to
maximize their
level of
expectation it's
role is to serve
end users with
high quality
goods and
services.
Social entrepreneurship
main role is to build
awareness regrading their
goods in the open market
place.
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Basis Small business Scalable start up Large company Social entrepreneurship
Objectives The objective
of this type of
firm is to earn
livelihood.
This type of firm
invite capitalist
to provide
monetary help
for their new and
ideas.
Large
organization
objective is to
full-fill the
requirements of
the customers by
using advanced
technology.
The objectives of social
entrepreneurship is to
increase the satisfaction
level of social group by
providing them products
and services of social
welfare.
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The similarities are illustrated beneath:
This type of venture are creating more emphasises on end users
demand in the market.
to maximise the satisfaction level of their targeted customers above
mentioned venture come up with innovative idea.
All the venture explained above are developed by entrepreneurs.
Those venture which are elaborated above has common aim through
which they have become successful in short time span (Cole, 2018).

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Conclusion
From the above it can be concluded that there are distinguish
entrepreneurial ventures prevailing in the open market place. The
similarities and differences among entrepreneurial ventures are
studied in order to make the concept more clear regarding them.
To better understand the contribution of small and micro
businesses pie chart has been used because with the help of this
easily relevant and authentic information can be captured.
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References
Ahn, T. U. and Park, J. W., 2018. The effect of entrepreneurship education on the career
path of university students. Asia-Pacific Journal of Business Venturing and
Entrepreneurship. 13(2). pp.177-192.
Almahry, F. F., Sarea, A. M. and Hamdan, A. M., 2018. A review paper on
entrepreneurship education and entrepreneurs' skills. Journal of Entrepreneurship
Education.
Entrepreneurship. 2018. [Online]. Available Through: <
https://businessjargons.com/entrepreneurship.html/>
Entrepreneurship - Types of Entrepreneurship. 2019. [Online]. Available
Through: <https://byjus.com/commerce/what-is-entrepreneurship/>
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