Exploring the Interplay between Entrepreneurship, Innovation, and Leadership
Added on 2019-11-29
16 Pages4215 Words283 Views
Business DevelopmentLeadership ManagementProfessional DevelopmentDesign and Creativity
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Running head: LITERATURE REVIEW FOR ENTREPRENEURLiterature Review for EntrepreneurName of the Student:Name of the University:Author Note:
2LITERATURE REVIEW FOR ENTREPRENEURTable of ContentsLiterature Review............................................................................................................................2Introduction......................................................................................................................................2Brief overview of the entrepreneur and their journey.....................................................................3Entrepreneurial orientation of Mark Zuckerberg.............................................................................3The Passion..................................................................................................................................3Testing the market.......................................................................................................................4Going Public................................................................................................................................4Outlining aspects of innovation...................................................................................................4Key competencies, mindset or competencies and actions of entrepreneur critical for theinnovation’s commercialization and subsequent implementation...................................................7Comparisons of different types of entrepreneurs and how their ideas may have shaped byconsumers or communities..............................................................................................................8Conclusion.....................................................................................................................................14Reference List................................................................................................................................15
3LITERATURE REVIEW FOR ENTREPRENEURLiterature Review Introduction This literature review section discuss about a well-known entrepreneur named as MarkZuckerberg who had been responsible for the successful introduction of innovation in and acrossthe world (Westland, 2016). The well-known online social networking website named asFacebook begins at the college campus of Harvard University in the year 2004. Within a shortperiod of time, the website achieved huge recognition among the American colleges. It wasfound that Mark Zuckerberg was the only person who was able to attain immense financialbenefits from his innovative website (Facebook). With his entrepreneurial orientation, MarkZuckerberg became billionaire at the age of 23. Everyone can only dream about having so muchassets like him but Mark Zuckerberg has it in reality. Most of the people aged 23 years are stilltrying to make their eventual course towards life but Mark Zuckerberg made it true in real sense.Mark Zuckerberg is one of the youngest self-made billionaire with net worth of US $ billion withhis innovative and visionary approach. The reason of Mark Zuckerberg’s accomplishment isFacebook that had attained huge reputation in and across the world. There are different traitsneeded to be a successful entrepreneur like Mark Zuckerberg, Steve Jobs, Larry Page and BillGates. The personality traits of these entrepreneurs are role model for every individual as a wayto attain unimaginable success. Some of the common traits that these entrepreneurs have arestrong apparition, strong management skills, wonderful thinking, survivor of all tough times,ready to tackle failure as well as exceptional influencer and risk taker (West & Bogers, 2014).
4LITERATURE REVIEW FOR ENTREPRENEURBrief overview of the entrepreneur and their journey Mark Zuckerberg is the co-founder and CEO of social networking websites such asFacebook and one of the youngest billionaires in and across the world. He was born on 14th ofMay 1984 in White Plains, New York (Tidd & Bessant, 2014). Mark Zuckerberg left Harvardafter his sophomore year and start focusing on the site where the user base had grown to morethan 250 million people that made him a billionaire. Facebook was lately portrayed in the film as“The Social Network”. Mark Elliot Zuckerberg was born in a well-educated family and raised in the nearbyvillage of Dobbs Ferry. Father of Mark Zuckerberg (Edward Zuckerberg) ran a dental practicethat was attached to their home. Mother (Karen Zuckerberg) worked as a psychiatrist before thebirth of the four children named as Mark, Randi, Arielle and Donna. Mark Zuckerberg fromstarting had an interest in computers at an early age when he was about 12 and used Atari BASICthat help in creating messaging program that was named as Zucknet (Storey, 2016). Entrepreneurial orientation of Mark ZuckerbergMark Zuckerberg was having enthusiasm for inventions and worship for technology fromhis early stages in his life. Being an entrepreneur, Mark Zuckerberg is known for his experience(Facebook) (Sahut & Peris-Ortiz, 2014). The Passion Mark Zuckerberg was having enthusiasm for making computer programs especiallycommunication tools and games. In addition, Mark Zuckerberg initiated programmingthroughout his middle school. When Mark Zuckerberg attends Philips Exeter Academy in High
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