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Entrepreneurship and Small Business Management: A Comprehensive Overview

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Added on  2024/06/28

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This presentation explores the multifaceted world of entrepreneurship, focusing on the concept of entrepreneurs, their ventures, and the growth of small businesses in the UK. It delves into various types of entrepreneurial ventures, including small businesses, scalable startups, large companies, and social enterprises. The presentation also examines the similarities and differences between these ventures, highlighting the entrepreneurial typology and the role of public and corporate sectors in fostering entrepreneurship. The scope of new entrepreneurial ventures and their development and growth in the UK are discussed, providing insights into the dynamic landscape of entrepreneurship.

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Entrepreneurship and Small Business
Management

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Table of Contents
• Introduction- Slide 3
• Concept of entrepreneur- Slide 4
• Examples of Entrepreneurs- Slide 5
• Types of entrepreneurial ventures- Slide 8
• Similarities and differences in entrepreneurship- Slide 9
• Entrepreneurial typology- Slide 10
• Public sector entrepreneurship- Slide 12
• Corporate sector entrepreneurship- Slide 13
• Scope of entrepreneurship- Slide 14
• Development and growth of entrepreneurship- Slide 15
• Conclusion- Slide 16
• References- Slide 17
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Introduction
• The present study deals with the concept of
entrepreneurship, especially small businesses
in the UK, the various types of ventures of
entrepreneurship with their similarities and
variations.
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Concept of entrepreneur
• An entrepreneur is an individual who
administers a business enterprise, involving
more amount of risks.

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Examples of Entrepreneurs
• Jeff Bezos is the founder of Amazon, which is a
renowned online shopping platform,
specializing in sales of different products, like
clothing, food, jewellery, shoes, home decor
and electronic goods
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Contd.
• Bill Gates is the founder of Microsoft and is
known to be the richest person on earth.
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Contd.
• Larry Ellison, who is the founder of Oracle, a
technological company with turnover 13.67
billion US dollars.

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Types of entrepreneurial ventures
• Small business entrepreneurship
• Scalable Startup Entrepreneurship
• Large Company Entrepreneurship
• Social Entrepreneurship
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Similarities and differences in the entrepreneurial
ventures
• The main aim of any business organization is it
small, start-up or a large company, is to make
a lasting profit and gain a competitive factor in
the target market.
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Entrepreneurship Typology
• Lifestyle and growth companies
• For profit businesses
• Not for profit enterprises
• Social enterprises

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Contd.
• The lifestyle companies, like for the case of
Tim Ferris, it can be implied that these are
mostly small business enterprises.
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Public Sector entrepreneurship
• The entrepreneurial activities of the public
sector involve supporting the local, regional
and national entrepreneurs to start their own
companies
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Corporate Sector entrepreneurship
• The corporate entrepreneurs mostly performs
activities relating to the facilitation of the new
businesses, creating more innovations in the
products to make more profits that would
enhance the worthiness of the companies in
the target industry

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Scope of new entrepreneurial
ventures
• The process of innovation helps the
entrepreneurship companies to increase their
scope in the market.
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The development and growth of entrepreneurial ventures in the UK
• The year 2018 has seen the development of
5.6 million start-up businesses in the regions
of the UK.
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Conclusion
• It can be concluded that the above task
signifies the various types of entrepreneurial
ventures, especially the small businesses,
undertaken by passionate business minded
individuals.

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References
• Acs, Z.J., Szerb, L. and Autio, E., 2015. The global
entrepreneurship and development index. In Global
Entrepreneurship and Development Index 2014 (pp. 39-64).
Springer, Cham.
• Amazon.com. (2019). Amazon.com: Online Shopping for
Electronics, Apparel, Computers, Books, DVDs & more.
Available at: https://www.amazon.com/ [Accessed 12 Jun.
2019].
• Audretsch, D.B., Lehmann, E.E. and Paleari, S., 2015.
Academic policy and entrepreneurship: A European
perspective. The Journal of Technology Transfer, 40(3),
pp.363-368.
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