Detailed Report: Entrepreneurship and Small Business Management

This report provides a comprehensive overview of entrepreneurship and small business management. It begins by defining entrepreneurship and explores various types of entrepreneurial ventures, including serial entrepreneurs, owner-managers, and ventures categorized by size (small, micro, medium, and large scale) and purpose (social and profit). The report delves into entrepreneurial typologies, such as male and female entrepreneurs, lifestyle enterprises, and growth firms, examining their relation to ventures. It further analyzes the similarities and differences between entrepreneurial ventures, contrasting small, large, and scalable enterprises. The report also discusses the diverse range of entrepreneurial ventures in the public and private sectors, their scope, development, and growth. It assesses the impact of micro and small businesses on the economy, highlighting the importance of small businesses in economic growth and identifying the characteristics, traits, and skills of successful entrepreneurs. Finally, the report examines the influence of background and experience on entrepreneurship, providing examples and critically evaluating how these factors impact entrepreneurial success.

Entrepreneurship and
Small Business
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Types of Entrepreneurial ventures and Relation with typology of Entrepreneurship.................1
Similarities and Differences between Entrepreneurial ventures.................................................3
Diverse Range of Entrepreneurial Ventures in Public and Private Sector..................................4
Scope, Development and growth of entrepreneurial ventures....................................................4
Interpreting and Assessing the Impact of Micro and Small Businesses on the Economy..........4
Differences in Between Small, Medium and Large Businesses.................................................5
Impact of Small Scale Businesses on Economy.........................................................................6
Importance of Small Businesses and business in Economic Growth.........................................6
Characteristics, Traits and Skills of Successful Entrepreneurs Different From Managers.........7
Assessment of Entrepreneurial Personality Reflect Entrepreneurial Motivation and Mindset...8
Explore and examine Arguments relating to Entrepreneurial Characteristics............................9
Analysing Characteristic Traits, Skills and Motivational Drivers of Successful Entrepreneurs,
Supported by Examples.............................................................................................................10
Examining, Using Relevant Examples Impact of Background and Experience on
Entrepreneurship.......................................................................................................................10
Link between entrepreneurial characteristics and the influence of personal background and
experience to Entrepreneurs......................................................................................................11
Critically evaluate how background and experience influences entrepreneurs, both positively
and negatively, by comparing and contrasting examples..........................................................12
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13
INTRODUCTION
Entrepreneurship refers to the process of creating a new enterprise, with a view of
making profit (A Definition of Entrepreneurship, 2019). It is a process of developing and

implementing a business idea into real life and is basically concerned with building a life on
one’s own terms as in what an individual take as their career and dreams and lead it in their
direction of their own choice. An entrepreneur is a person who sets up the business and manages
the enterprise in order to be successful they start on a small scale. The entrepreneurs are required
to create something by analysing the needs of customers so that they can be successful. A
successful leader plays an important role in success of an organisation as he always knows how
to effectively use resources.
This study has been conducted, in order to have a detailed study of entrepreneurship and small
business management. In the context of this study it is essential to analyse the relationship
between entrepreneurship and various typologies associated with it. And the study will help in
identifying various factors which motivates an individual to achieve the goals.
MAIN BODY
Types of Entrepreneurial ventures and Relation with typology of Entrepreneurship
Entrepreneurship refers to a process of establishing a business venture by analysing the
need of customers and managing it along with its risk in order to make profit (Afroz and et. al.,
2015). And an entrepreneur is a person who accepts all the responsibilities of business and take
benefit of all the opportunities. He accepts all the risk associated with an aim to earn profit.
There are various serial entrepreneurs which are required to be explained. They are:
Serial entrepreneurs Entrepreneurs Owner managers
It refers to a person who
creates an enterprise by taking
all its risk.
These are those individuals
who have to promote and
develop an innovative idea.
It is an individual who is
responsible for controlling the
business
These are those individuals
who comes up comes up with
new ideas
They are the risk takers They are the risk averse.
They work for the sake of
satisfying customers need.
They work for the sake of
development
They work for the sake of
salary.
Ventures categorised according to the size are as follows:

Small Scale enterprise: It refers to a business which employs small number of workers and
have small volume of sales. Majorly these are owned by sole-proprietors in order to meet their
basic expenses (Barral, 2013). The employees working there are sometimes family members or
relatives. Example of these are grocery stores, food joints, etc.
Micro enterprise:It refers to a business which is employing very less number of people working
in it.
Medium enterprise: It refers to an enterprise in which the investment is more than 5 crore but
not more than 10 crore. The examples of medium businesses are Captify, Smith Brother Ltd etc.
Large Scale enterprise: It refers to a business which employs large number of workers since
multiple number of operations are going at the same time. These enterprise generally have huge
infrastructure and created large number of job opportunities for all. These enterprise works hard
on growing their customer base by adding some additional features products. Example of these
enterprise are: Apple, Oppo,etc.
Typologies of entrepreneurship:
These enterprises work in business environment which plays an important role in the
establishment and development of various typologies which affects a lot the way an entrepreneur
makes the decision and work for the establishment of an enterprise. Some of the typologies are:
 Male Entrepreneur: These entrepreneurs are known as risk takers, as they are young in
age they tend to take more risk. Since they are risk takers they control large organisations
because large organisations require such risk takers who can help in growth of the
organisation. They blame market forces if any loss incurs.
 Female Entrepreneur: These entrepreneurs are known as stable entrepreneurs, as they
do not like to take any risk because risk are associated with losses also. These
entrepreneurs work for small scale enterprise as such enterprises are concerned about
every small or big decision made by them as the entrepreneurs blame themselves if any
loss incurs (Hangarki and Hangarki, 2012).
 Lifestyle enterprise: This enterprise is focus on the enhancing the standard of the people
by providing to their customers various products and services. Other, those enterprise
which are included in this category formed their startegies to maintain a specific level of
income by providing higher services to the customers so that they can live a better life.

Hence, the public sector comes under the lifestyle enterprise as they are operating their
activities only with the purpose of social service.
Growth firms: The firm who are comes under this category are conducting their
activities only with the purpose of earning profit and capture a big market share by redering a
range of various products and services to the customers. So it can be understand the corporate
sector companies are included in growth firm as because they are operating at nationaol and
multinationa level only to grow in the market and attain huge customer base.
As it can be state that the entrepreneurial ventures and entrepreneurial typologies are
greatly related with each other.
Ventures categorised according to the purpose are as follows:
Social Enterprise: It refers to those business which focuses on satisfying the needs of customers
and not on generating profits. And whatever profit these enterprises generate they use it to
provide better facilities to people in need. The organisation which is leading their business under
this category is Oxfam, the main motive of this business is to remove the poverty form the world
so that the people can live a better life with all the neccessary reasources.
Profit Ventures: It refers to these type of the business whose main purpose is the profit
maximisation.
Ventures which are categorised by the sectors are as follows:
Public sector enterprise: It refers to those type of companies which are owned by the
government and operating their activities for only social development. The public sector is
providing those services to their customers which are essential for living a better life. The
chances of the success of public sector is higher as they are able to achieve higher support of
public as because they are operating their activities only for the development of the society. For
example, NHS is operating their activities for providing higher health services to the customer so
that the people can live healthier and happier life. As it is operating at large scale in world but
their motive is not to earn profit but only social services. Due to which they have a great option
to attain higher success and growth in the marketplace.
Other, there are various challenges which public organisations have to face. These
challenges include delayed decisions, inefficient management, lack of innovations, and many
others. Although they are facing various challenges but they are able to get more success because

the have already succeed in maintaining the belief and support of social people which helps them
to overcome form all the challenges.
It can be concluded that public sector have huge scope in the marketplace because their
main aim to enhance the lifestyle and living standard of people not to earn profit.
Corporate Sector: It refers to those type of enterprise which contribute to national income
generation, infrastructure and development of the economy. Companies which are included in
the corporate sector or private sector are operating their activities only to high level of profits.
They are focussing on the fulfilling the self esteem needs of the customers . They have great
chances to be grow in the marketplace as they have covered a huge market base. For example,
M&S is included in this category who are leading their business in high quality clothes, food and
home products. This is largest company which is operating their business at multinational level
due to which they are able to capture a big market share and higher growth in world wide.
Moreover, while operating their activities they have the numerous challenges which
includes competition, social care, public finances, unnecessary control and many more. These all
the challenges are hindrance the performance of the private sectors. Either they are facing
various challenges but for sustaining their position in the marketplace they are adoption various
strategies and methods for overcoming these challenges. As they have invested huge capital in
their business operations and higher goodwill in the market due to which they are able to rise
again by adopting effective management and strategies.
Hence, it can be state that the private sector have huge opportunities to become more
success and attain higher growth as because they are operating their activities with appropriate
planning to attract more customers by adopting effective planning.
Similarities and Differences between Entrepreneurial ventures.
There are many entrepreneurial ventures which are existing in today's market which runs
their business activities to earn profit or for the welfare of the society. These enterprises have
some similarities as well as differences.
Similarities
Similarities which are there in small scale, large scale, scalable enterprises are:
Basis Small Large Scalable

Society Upliftment These type of business
increase the
opportunities of people
at low level. They
provide opportunities
to the people so that
they can fulfil their
basic needs.
These are the business
which are successful
in providing job
opportunities to their
maximum level. They
work for the benefit of
themselves as well as
customers.
These are the business
which are developed
with the purpose of
creating a change in
the overall world.
They provide
opportunities to the
one who are very
innovative.
Differences
Small Scale Enterprise Large Scale Enterprise
In it an individual comes with an idea which is
either copied or stolen from someone else.
These are set-up with an aim to earn profit and
to fulfil the basic needs of an individual or his
family. These may be newly launched
business organisations
These are already existing business
organisations which are working on a large
scale in order to earn profit by selling goods in
the market. These organisations don't
contribute for the welfare of society.
Social Enterprise Scalable Enterprise
These enterprises are made for the sole purpose
of contributing for the welfare of the society by
providing various job opportunities and not for
earning profit, which will help the society in
improving the standard of living
These are those organisation which are just
working for building an innovative product,
which can be done only by analysing the need
and demand of the customers.
Diverse Range of Entrepreneurial Ventures in Public and Private Sector
An entrepreneurial venture is an organisation whose main foundation for business is to
adopt innovation and make use of opportunity in order to attain high productivity and

profitability (Havukainen and et. al., 2014). There are several types of entrepreneurial venture
i.e. small and large companies, scalable start- up company which differ from each other in terms
of size, scope, purpose and have their own function and operation within the public and
corporate sector.
Scope, Development and growth of entrepreneurial ventures
There are various entrepreneurial ventures which assist in the growth of scope,
development and growth of different ventures. Scalable start- up companies has wider scope
related with expansion of business and large scale business helps in the growth and development
of the nation’s economy whereas social enterprises greatly assist in fulfilling social needs of
society. These all ventures enhances economic growth of company and nation in an effective and
efficient manner.
Interpreting and Assessing the Impact of Micro and Small Businesses on the Economy
Micro enterprises are very small in nature with only 5 or less people working in it. The
assets which company valued are around £196325 per year Micro enterprises are run on sole
proprietorship or partnership and helps to create employment opportunities for the people in that
community. They run to fulfil the basic needs of their family in terms of food, water and shelter.
On the other hand small businesses are operated on small scale and are very small in size
which serves local community and provides profit to company owner. It impact the economy by
its new innovations in economic sectors and improving living standard of people by providing
them the employment opportunities.
https://www.thebalancesmb.com/differences-between-micro-business-and-small-business
4159188
For example at the time of Brexit, UK economy faced a decline as it made an end from
all the relationship with European Union because of which value of their currency got reduced.
Many organisation face difficulty even in surviving (Ibrahim, 2014). At that time micro and
small enterprises of UK helped the government to deal with such a difficult situations. Small
businesses contribute about 65% of new jobs. It was not possible for UK economy to grow
without SMEs

From the above data some interpretation are made which help to know about the contribution of
SME in UK economy.
The above statistical data, clearly interpreted that micro enterprises are contributing
around 19% to the economy where as on the other hand the contribution of small scale business
to UK economy is 23.4%. In addition to this it is also clear from the graph that the contribution
towards reducing the poverty and increasing employment opportunities for the people have
increase to much extent. As compared to the previous year it is clear that micro and small
enterprises have contributed much which has already been described above.
Differences in Between Small, Medium and Large Businesses
According to Sandra Lim, 2019 Social economy refers to the branch of economics which
clearly focused on a relationship between social behaviour and economics. It is also referred as
non- profit sector because their main motive is for the welfare of the society. The performance of
small, medium and large business has a great impact on the economy of UK. At the time of
Brexit, when large scale industries are shut down small and medium scale industry proves to be

very beneficial for the economy of UK and has supported it in its hard times. They played a great
role in generating employment and contributing to GDP (Jones-Evans and Klofsten, 2016). In
other words small businesses worked as a backbones of united states economy.
Impact of Small Scale Businesses on Economy
 Local level: SMEs are providing employment opportunities to the unemployed citizens
of UK. It helps in generating high income for people in society as it motivates people to
start their own business. It basically include business of small activities like carpenter,
saloon and artist etc.
 Regional level: In this context the major focus of small scale business is on developing
the infrastructure of a particular area. They together work on large scale to analyse the
demand of market and then making efforts for the same. In this way it brings growth in
the economy.
 National level: Small scale business contributes to the national economy of a country by
providing employment opportunities which led to reduce poverty of UK. They also
motivate people for new innovation so that they can start up their own business.
Importance of Small Businesses and business in Economic Growth
Small businesses contribute a lot in bringing growth and innovation to the community in
which business is established in following manner:
 Standard of living: Small business proves to improve the standard of living of people by
providing them job opportunities as it improve their life style and giving them better view
to live. They are very customer oriented and understand the needs of every society. It has
a positive impact on people of UK by affecting the life of people there (Kirzner, 2015).
 Employment generation: Small business also affect the growth of economy by
providing employment generation opportunities for unemployed person which also help
in removing poverty from the nation. It provides opportunities so that they can fulfil all
their basic needs like food, water and shelter.
 Innovation: Small business contributing in developing economy by encouraging
innovations and creativity in the market. They don't have to take approval from anyone
before starting anything. It lean to pull the talent of those who invent new products and
implement solution for exiting one. Innovation always help the company to be different
from other.

 Developing personal relationship: Small business help to develop a personal
relationship with employees, customers and suppliers. In this people interact face to face
which help to know each other better and also build a strong relationship and also bring
transparency in the work (Kuratko, 2016).
 Low overheads: Small business have usually a low overhead as it is having small scale
of operation which means they operate in small premises with low rent, low heating and
electricity cost This will decline the cost of product and it becomes very easy for all to
afford at minimum price.
Characteristics, Traits and Skills of Successful Entrepreneurs Different From Managers
Entrepreneur is the owner of the company. A successful entrepreneur are the one who has
a focus on achievement and profit. He is the most responsible person and is also accountable for
both success as well as failure of an organisation. A manager is a leader which sees the work of
other employees or department in the organisation. It include various activities like decision
making, motivating employees, resolving of conflicts if any. For study of this research successful
entrepreneur are taken i.e. Jef Bezos and Larry Page
Jef Bezos is the founder of Amazon and deals in variety of services which has led to the
foundation of new technologies. Amazon is ranked as the world's largest online company
because of the hard work put up the Jeff Bezos.
Larry Page is an American computer scientist who was founder of Google. Through his
command over computer and internet along with latest technology has made Google a big
success.
Characteristics: Successful entrepreneurs possesses certain attributes that makes them different
from others. Some of them are discussed below:
 Hard worker and dedicated: Jef Bezos and Larry Page are the most successful
entrepreneur because they believe in handwork and also believes that there is no short cut
to success. They always believe in their own strategy and do it with full dedication.
Whereas Managers are not hard workers because they always work on other guidelines
and do not use their own strategies.
 Risk taker: A successful entrepreneur is the one who takes risk. High risk always pays a
high return when worked with proper strategy whereas managers are not risk taker. They
always find a way by which they can avoid risk (Leong and et. al., 2016).

Traits: This is the quality of entrepreneur that makes them unique from other. They have
courage to take risk and form strategies accordingly.
 Self- motivated: It is one of the important trait that entrepreneur is self- motivated. One
cannot succeed unless he is motivated by self. They adopt challenging situation without
taking help of other. Whereas managers are the one who are not self- motivated and
always have to take guidelines from others to work in proper direction.
 Competitive Spirit: Entrepreneur have competitive spirit which help them to make new
innovative plans that differ them from other competitors. They always enjoy their work
whatever the situation may be. On the other hand managers are not able to compete with
other competitors as they are not able to work alone in hard times.
Skills: Entrepreneur have lots of skills which they use in their regular work. Following
skills which entrepreneur possess are as follows:
 Focused toward objective: There are so many obstacles in between the path of success
but entrepreneur are always focused toward their goal and objective. Whereas managers
are not clear about their goals.
 Flexibility: It is one of the most important skills that entrepreneur must possess. Changes
are needed from time to time and this can only be understandable by successful
entrepreneur. They are able to find effective solution to issues. Managers are not at all
flexible they always avoid changes to some extent.
Assessment of Entrepreneurial Personality Reflect Entrepreneurial Motivation and Mindset.
Personality is the way of thinking, feeling and act. It refers to a characteristic which one
is having and differentiate it from other. A successful entrepreneur always possess a great
personality (Lushi, 2013). The aspects of personality reflected by these famous successful
entrepreneur Jef Bezos and Larry Page lead to their success. The personality factors are decided
into five categories which are clearly explained by OCEAN model. This model is used to
measure a person’s important personality characteristics and also help them to understand which
role suits them most. Following are the factors include in this model: Openness: This factor in which person always try new things in order to gain knowledge.
Entrepreneurs tend to be more creative and also focuses on bringing innovative approach
in their business. Jef Bezos and Larry Page always try to bring new innovation which is

the main reason for company's success. They both are very innovative with their ideas
and that is the reason for their creation of idea which help them to become successful.
 Conscientiousness: This factors include People who are thoughtful as well as goal
oriented (Meyer, Neck and Meeks, 2017). They believe in planning so that they can
finish up their work in right way and on time. The form of work displayed by Jef Bezos
and Larry Page portrays proper organisational skill as they have done it with proper
planning. They both are so internally focus upon their work which being one of the
reason for their success.
 Extraversion: It refers to one of the trait of entrepreneur to connect with any person
whether one is extrovert or introvert in nature. Here the person is more energetic and like
to being around with many people. They are also good at communication and also
possess the ability to motivate other. Both Jef Bezos and larry Page are self- motivated
and have the ability to communicate their ideas at high level
 Agreeableness: Dimension of this include trust, affection, kindness etc. Entrepreneur
who always stand high at this trait are able to take care of their team members and always
help them whenever required. Jef Bezos always help their employees whenever they need
and Amazon has department for customer grievances where the employees used to solve
the problem if any consumer is having.
 Neuroticism: It includes sadness, emotional instability, moodiness etc. In this trait
people tend to experience mood swing, sadness and anxiety. Entrepreneurs who stand
low at this trait tend don't feel pressure of their work and have the ability to deal with
their stress. Jef Bezos and Larry Page both stand low at this trait because both love their
work and also don't feel any kind of pressure while working.
Explore and examine Arguments relating to Entrepreneurial Characteristics.
Entrepreneur are the onwe who has the ability to bring new innovative ideas and has a
vision to change the world. They possess certain characteristics which are different from others.
According to Tejvan Pettinger, 2018 Entrepreneurship is not an easy task as entrepreneur
involve lot of risk (Miller and et. al., 2012). It takes a lot of effort for an individual to be
successful. Certain characteristics which must be possessed in an entrepreneur like motivation,
talent, creative and passion and many more in order to get success.

According to Smriti Chand, 2019 Entrepreneur is the one who build organisation but also
capable to take certain risk which are in their path. To do there are certain essential characterstics
which must be possess by every entrepreneur is confidence, risk taker, flexible towards changes
and has a ability to communicate with group of people and exchange their ideas.
Analysing Characteristic Traits, Skills and Motivational Drivers of Successful Entrepreneurs,
Supported by Examples.
There are certain characteristics, skills and traits which entrepreneur are having that make
them different from others. In the case of Jef Bezos, the skills that may drive him are motivation,
solving of problem conflict and effective communication. His innovative led him to become
most successful (Naudé, 2014).
Similarly, Larry Page has also some characteristics that help him to achieve goals more
efficiently. Risk taking and leadership are the most important characteristics possess by him. The
main trait for his success are his innovative ideas and knowledge of internet which is the main
reason for its success and also of such a big company Google.
Examining, Using Relevant Examples Impact of Background and Experience on
Entrepreneurship
Background and Experience are the two most important aspects which can hinder and
foster the entrepreneurship quality of an individual. There are a lot of things which an individual
get to learn and apply them in their own lifestyle to make it better. Their application decides
about the quality of not only the entrepreneurship but overall whether the individual will get
positive or negative results so to get positive result it is important to apply them in the positive
way. As in the following assignment the two successful entrepreneurs are taken of which one is
the owner of Amazon which is Jeff Bezos and the second one is the owner of Google which is
Larry Page. The explanation of how background and experience can foster entrepreneurship is
discussed as under:
Jeff Bezos:
Background: The owner of Amazon was born on January 12, 1964 in New Mexico in a middle
class family. In the younger age itself, Jeff Bezos showed his interest in the computers science
and electrical works. Later he moved to Miami with his family and developed his interest in
computers and graduated valedictorian of his high school. Jeff completed his graduation from
Princeton University and started doing a job. In 1994 ho quit his job and moved to the nascent

world of e commerce where he set up an office with some employees and started developing
software (Jeff Bezos Biography: Success Story of Amazon Founder and CEO. 2019) After
inviting 300 friends, Bezos opened Amazon.com which was named after the South American
River. And after that the business has grown much faster than others and helped him in
becoming a successful entrepreneur (Parker, 2018).
Experience:
Jeff also had faced failures in his life but he learnt from them something new and had
applied in his own life. The failures helped a lot in learning new things and increasing the
experience. With the help and guidance of family, he become motivated and reached to this
level. Proper support from his parents helped him in doing new and innovative things.
Larry Page:
Background:
Larry Page is an American Computer Scientist and Internet entrepreneur who was born in
the year 26 March, 1973, in East Lansing, Michigan. His parents were both computer experts.
His father was a pioneer in computer science and artificial intelligence and his mother taught
computer programming (Larry Page Biography. 2019).He completed his Bachelor of Science
Degree in Engineering from University of Michigan and Page decided to concentrate on
computer engineering at Stanford University, where he met the co- founder of Google Sergey
Brin.
Experience:
As the parents of Larry Page were both computer experts so he got full support and
guidance from his parents. They understood the importance of education and knowledge and also
made Larry free to learn and invent new things. However failures were also seen by Larry during
his lifetime but he continued to work and it has made him such a successful entrepreneur. It was
mostly possible due to background as his parents were educated and give him full support and
needed guidance.
Link between entrepreneurial characteristics and the influence of personal background and
experience to Entrepreneurs
There is very strong relationship between the characteristics possess by successful
entrepreneur and background and experience attained by them over their life as these help in
certain characteristics which they follow. Jef Bezos, belongs to a broken family as when he was

in his early stage the parents got divorced which led him to face a range of issues like shortage of
money, managing life standardisations without family support. This led them to develop
characteristics like self-motivation, risk taker, knows how to network, flexibility and so on.
Similarly Larry page belongs form very educated family and from childhood itself he was
having keen interest in computer and networking which allow him to use his innovative idea and
led to formation of Google which is now the top most company (Peiqun, 2012).
Critically evaluate how background and experience influences entrepreneurs, both positively and
negatively, by comparing and contrasting examples.
Background and experience has both positive as well as negative impact on the
individuals. It depends upon them that how they apply those qualities on their own. On the
context of successful entrepreneurs, background and experience plays an important role in
making them a successful business owners. Larry Page who had created Google and Jeff Bezos,
who created Amazon have their own interests, skills and abilities which made them to learn new
things from the failure they faced. As Jeff Bezos who was already doing a job but the desire to
do something new and big made him to establish Amazon (Radović-Marković and et. al., 2014).

CONCLUSION
From the above mentioned report it has been concluded that entrepreneur is very
important for the development of a country. They are the people who are having the ability to run
the business enterprise and also brings innovation in the market. In addition to this, it is also
concluded that they tend to have some skills and characteristics which makes them different from
others. Further it is also concluded that SMEs have contributed a lot in the growth and
development of economy of UK.

REFERENCES
Books and Journals
Afroz, S. and et. al., Office of Enterpreneurship, Technology Transfer and University of South
Florida, 2015. IMPLANTABLE BIOCOMPATIBLE SiC SENSORS. U.S. Patent
Application 14/383,967.
Barral, S., 2013. Labour issues in Indonesian plantations, from indenture to enterpreneurship.
Global Labour Column. (177). p.np.
Hangarki, S. B. and Hangarki, K. B., 2012. Development of women enterpreneurship in India.
International Journal of Marketing and Management Research. 3(1). pp.26-37.
Havukainen, I. and et. al., 2014. Common Good: Sustainable and Transparent Business.
Ibrahim, Y., 2014. THE ROLE OF ENTERPRENEURSHIP EDUCATION AND
TRANSFORMATION AGENDA IN NIGERIA. International Journal of Social
Sciences and Humanities Review. 4(4).
Jones-Evans, D. and Klofsten, M. eds., 2016. Technology, innovation and enterprise: The
European experience. Springer.
Kirzner, I. M., 2015. Competition and entrepreneurship. University of Chicago press.
Kuratko, D. F., 2016. Entrepreneurship: Theory, process, and practice. Cengage Learning.
Leong, C. M. L., and et. al., 2016. Digitally Enabled Grassroots Enterpreneurship for Rural
Development. In PACIS (p. 85).
Lushi, Z. H. A. O., 2013. Inspiration of Supportive Entrepreneurial Policies for College
Graduates from the Governments of the US and Netherlands [J]. Business Economy. 1.
p.010.
Meyer, G. D., Neck, H. M. and Meeks, M. D., 2017. The entrepreneurship‐strategic management
interface. Strategic entrepreneurship: Creating a new mindset, pp.17-44.
Miller, T. L. and et. al., 2012. Venturing for others with heart and head: How compassion
encourages social entrepreneurship. Academy of management review. 37(4). pp.616-
640.
Naudé, W., 2014. Entrepreneurship and economic development. International Development.
Ideas, Experiences and Prospects.
Parker, S. C., 2018. The economics of entrepreneurship. Cambridge University Press.
Peiqun, Y. E., 2012. The Formation Mechanism of Entrepreneurial Atmosphere and Its Impact
on the Regional Entrepreneurial Performance: an Empirical Study on Zhejiang Province
[J]. Science and Technology Management Research. 12. p.016.
Radović-Marković, M. and et. al., 2014. Motivational factors affecting entrepreneurial decision:
a comparison between Bulgarian and Serbian women entrepreneurs. Ecologica: nauka,
privreda, iskustva, pp.103-115.
Rahayu, M., A Conceptual Approach of Enterpreneurship and Innovative Enterpreneur S Roles
to Continual Development (a Literary Study). In 1st International Conference on
Information Technology and Business 2015. Darmajaya Informatics and Business
Institute.
Santos, F. M., 2012. A positive theory of social entrepreneurship. Journal of business ethics.
111(3). pp.335-351.
Scarborough, N. M., 2016. Essentials of entrepreneurship and small business management.
Pearson.

Woodward, R., Wojnicka, E. and Pander, W., 2012. Innovation systems and knowledge-intensive
enterpreneurship: A country case study of Poland.
Online
A Definition of Entrepreneurship. 2019. [Online]. Available Through:
<http://www.quickmba.com/entre/definition/>
Jeff Bezos Biography: Success Story of Amazon Founder and CEO. 2019. [Online]. Available
Through <https://astrumpeople.com/jeff-bezos-biography/>
Larry Page Biography. 2019. [Online]. Available Through
<https://www.biography.com/scientist/larry-page>