Entrepreneurship

Note:- The assignments have to included the presentations 12 slides each. minimum 20 references, no more then 20% plagiarism .

Entrepreneurship

Table of Content
 Introduction
 Findings
 Conclusion

Introduction
Entrepreneurship refers to the ability of
a person of developing a new business
with willingness to take risks and
implementation of some innovating
idea. This presentation is based on
findings of entrepreneurial traits of
Thomas Edison.

About Thomas Edison
Thomas Alva Edison is one of the greatest
entrepreneur and inventor of America. The
entrepreneur was born in 1847 in United States.
The entrepreneur has recorded 1093 patents that
includes his key innovations as well as some minor
improvements. The personality was self educated
and still was able to invent and commercialize
many products that has transformed whole era.

Main Findings
Opportunity based entrepreneurship theory:
This theory was frame-worked by Peter Drucker. It indicates ability of
entrepreneur to analyse possibilities in this dynamic era and commercialize
those possibilities or opportunities to create a business venture.

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Characteristics of entrepreneurs:
Successful entrepreneurs has several characteristics that are discussed below with
relevance to Thomas Alva Edison:
 Confidence
 Decision-making
 Motivation
 Creativity
 Passion

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 Entrepreneurial Motivation:
As per the findings there are several motivational factors that encourages
entrepreneurship. These are optimism, self reliance, sense of accomplishment,
flexibility, commitment and enthusiasm. Optimism restricts entrepreneur to
discourage from failures.

Conclusion
From the above findings it can be concluded that characteristics of entrepreneur
enables them to grab opportunities can convert it into successful business proposal.
Entrepreneurial motivation factors further encourages entrepreneurs to achieve
objectives with effective business operations with better performance and higher
productivity.

References
 Pato, M. L. and Teixeira, A. A., 2016. Twenty years of rural entrepreneurship: A
bibliometric survey.Sociologia Ruralis. 56(1). pp. 3-28.
 Urbano, D. and Aparicio, S., 2016. Entrepreneurship capital types and economic
growth: International evidence.Technological Forecasting and Social Change.
102. pp.34-44.

Thank You