Analysis of Entrepreneurship in Small Business Management Report

This report provides a comprehensive analysis of entrepreneurship within the context of small business management. It begins with an introduction to entrepreneurship, emphasizing its role in the UK economy and the importance of small businesses. The report then delves into the different types of entrepreneurial ventures, including local, global, social, and female entrepreneurship, and serial entrepreneurship, comparing their similarities and differences in terms of size, structure, aims, objectives, and sources of finance. The analysis further explores the characteristics, traits, and skills of successful entrepreneurs, the aspects of entrepreneurial personality, and the impact of personal background on entrepreneurial endeavors. The report also examines the impacts of small and micro businesses on local, regional, national, and international business, with a focus on the dynamic business environment and the adaptation of new technologies. The content covers various aspects of entrepreneurship, providing a holistic view of the subject matter.

Entrepreneurship in
small-business
management

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Entrepreneurial venture and Typology of Entrepreneurship.................................................1
P2 Similarities and difference between the Entrepreneurial Ventures........................................2
P3. Impacts of small and micro business on local, regional, national and international business
.....................................................................................................................................................4
P4 Importance of Business set-ups on the growth of the Social economy.................................5
TASK 2............................................................................................................................................6
P5 Characteristics, traits and skills of Successful Entrepreneur.................................................6
P6 Aspects of the Entrepreneurial personality and its reflects on entrepreneurial motivation
and mindsets................................................................................................................................8
P7 Person's background and past effects on Entrepreneurship...................................................9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................11
Books and Journal.....................................................................................................................11
Online........................................................................................................................................12

INTRODUCTION
Entrepreneurs are the innovators, who are ready to take risks and create unique and potential
solution which are profitable in modern day problems. The most common form of
entrepreneurship is starting up new business, with their innovation or revitalization of mature
organisation. UK economy is mainly driving through two pillars which are Entrepreneurship and
small business.
In UK, the Federation of small businesses(FSB) is representing small and medium sized
businesses. It helps the organisations to keep their trade local, FSB has launched real life
Entrepreneurs and providing back smallbusiness campaign (Short and et.al., 2010). Besides this
report is focusing on Entrepreneur-ventures which are the aims and objectives of small
businesses. After, the evaluation of difference between characteristics, skills and the traits of
Entrepreneur which help in becoming successful are discussed.
TASK 1
P1 Entrepreneurial venture and Typology of Entrepreneurship
Entrepreneurship is the setting up of small business by individual and earning of profit,
instead of working under any organisation. Starting up of entrepreneurial ventures with various
aims and objectives with proper study of market and successful business idea can results in profit
making to the entrepreneurs (Shane, 2012 ). Basically, there are four types of Entrepreneurial
ventures: -
Local Entrepreneurship: - The local Entrepreneurship can be considered as the small and local
businesses which are owned by local entrepreneur. This entrepreneurship fundamentally covers
small shops like grocery stores, small shop and others. The main objectives of these local
ventures to make profit and this profit is at small level. Local entrepreneurship are usually run by
1 or 2 entrepreneurs.
Global Entrepreneurship: -These are business which runs their dealings and operations
globally and having comparatively very much higher goals and objective. These businesses are
highly affected by their potential customers and for this they have to maintain their name and
image. These entrepreneurships ventures runs their operation in different countries at global level
and the rate of investment and profit making is very high as compared to local businesses.
(Jones, Coviello, and Tang, 2011). For example organisations like Apple, Google, Tesco and
others.
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Social Entrepreneurship: - In this, the entrepreneur pursues to solve community problems with
their innovative ideas and potential. It is the phenomenon of exceeding popularity and
fascinating people with successful entrepreneurial. These provide innovative products and
services for the development and welfare of other Entrepreneur and offers other products and
activities in support to the society.
Female Entrepreneurship: - This entrepreneur consist of women who can develop and design
her own business from initial level and converting it to the large organisation. These Female
entrepreneur act as an idea for other to start their business and work accordingly to achieve great
success. For example- Cher Wang who had started HTC company at very small level and
converted it into such globally leading organisation. J.K Rowling, this female entrepreneur
started her business as a very small writer and now having the most selling book in the world i.e.,
Harry Potter.
Serial Entrepreneurship: - In this entrepreneur, set small business with an innovative idea.
These ideas are firstly applied on very small level to check how much successful the idea is?
After, this the business is analysed as according to its day to day development. If, the success is
achieved then with the help of investors the business is taken to higher level. For example: - Sir
Richard has started his small business with just an innovative idea and taken it to such great
success.
P2 Similarities and difference between the Entrepreneurial Ventures
Ventures are quite different from each other on the basis of their unlike belongings and
property to help entrepreneur for setting up their business.
Size and structure: - Similarly, small business and large business entrepreneurship both are
working for the development of their organisation. By providing every possible profitable idea
which can help a firm to promote their company at higher level and generate more profit along
with providing customer satisfaction. But there is huge difference in between the size of both
companies, Small business Venture is set by entrepreneur at very small level and low turnover.
Whereas, large business-venture is the organisation which is already working at very big level
and making profit to the entity (Hockerts and Wüstenhagen, 2010). There is huge difference
between the ideas and policies of entrepreneur in various ventures. The policies which are
applied by them on different ventures are very much different as according to the size and
potential of the companies.
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Aim and objectives: - The major difference between the above entrepreneurship-ventures is their
aims and objectives for the establishment of their business. In social Entrepreneurship-venture,
the main objectives and aims of is to serve society. This venture does not focus on emphasizing
market share or revenue profiting. On the other hand, scalable start-up venture is a proof of
entrepreneur's new and innovative ideas in the market. These help in focusing within the
development of an organisation with long term growth and profit making strategies for current
and future market position (Von-Graevenitz, Harhoff and Weber, 2010). Besides this in Small
business ventures, the aims and objectives of entrepreneur are very simple focusing only on
serving customers and creating name of their company products and services by creating full
customer satisfaction and maintaining relation with them. Small entrepreneurship ventures are
focusing on creation of future policies which will make profit to their company.
Sources of finance: - Sources of finance of ventures are also different form each other. The large
business-Entrepreneur get their funds and share from bigger sources as compared to small and
social-entrepreneur ventures. The methods of getting finance for large business-entrepreneur are
their company's Sponsors, shareholders, loans from big banks and financial institutes, for the
development and business processes (Nga and Shamuganathan, 2010). On the other hand, small
business entrepreneur need little amount of funds for their business processing and its
maintenance. Basically, small ventures' arranger their fund by small bank loans and other small
sources. Unlike the policies of other Business Entrepreneur ventures, Social Entrepreneurship is
not interested in making profit. They work to help society and other new Entrepreneur to set up
their business and help them to make profits by motivating and providing them best appropriate
ideas and policies for the development of their business. Social Entrepreneurs get their funding
through different donations and system.
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P2 Similarities and difference between the Entrepreneurial Ventures
Ventures are quite different from each other on the basis of their unlike belongings and
property to help entrepreneur for setting up their business.
Size and structure: - Similarly, small business and large business entrepreneurship both are
working for the development of their organisation. By providing every possible profitable idea
which can help a firm to promote their company at higher level and generate more profit along
with providing customer satisfaction. But there is huge difference in between the size of both
companies, Small business Venture is set by entrepreneur at very small level and low turnover.
Whereas, large business-venture is the organisation which is already working at very big level
and making profit to the entity (Hockerts and Wüstenhagen, 2010). There is huge difference
between the ideas and policies of entrepreneur in various ventures. The policies which are
applied by them on different ventures are very much different as according to the size and
potential of the companies.
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Illustration 1: Sources required to built Entrepreneurship plan
(Source:- Building up Entrepreneurship skills in students, 2017)

Aim and objectives: - The major difference between the above entrepreneurship-ventures is their
aims and objectives for the establishment of their business. In social Entrepreneurship-venture,
the main objectives and aims of is to serve society. This venture does not focus on emphasizing
market share or revenue profiting. On the other hand, scalable start-up venture is a proof of
entrepreneur's new and innovative ideas in the market. These help in focusing within the
development of an organisation with long term growth and profit making strategies for current
and future market position (Von-Graevenitz, Harhoff and Weber, 2010). Besides this in Small
business ventures, the aims and objectives of entrepreneur are very simple focusing only on
serving customers and creating name of their company products and services by creating full
customer satisfaction and maintaining relation with them. Small entrepreneurship ventures are
focusing on creation of future policies which will make profit to their company.
Sources of finance: - Sources of finance of ventures are also different form each other. The large
business-Entrepreneur get their funds and share from bigger sources as compared to small and
social-entrepreneur ventures. The methods of getting finance for large business-entrepreneur are
their company's Sponsors, shareholders, loans from big banks and financial institutes, for the
development and business processes (Nga and Shamuganathan, 2010). On the other hand, small
business entrepreneur need little amount of funds for their business processing and its
maintenance. Basically, small ventures' arranger their fund by small bank loans and other small
sources. Unlike the policies of other Business Entrepreneur ventures, Social Entrepreneurship is
not interested in making profit. They work to help society and other new Entrepreneur to set up
their business and help them to make profits by motivating and providing them best appropriate
ideas and policies for the development of their business. Social Entrepreneurs get their funding
1) Social entrepreneurship
2) Corporate entrepreneurship
Similarities:
Both are having their vision and mission depending on their interest.
Entrepreneurship activities carried out in large areas.
Both pursue success by creating value for their companies.
Both are defined by innovative vision and strategy
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Differences:
 To be successful. Corporate ventures allocate all their resources in one direction just to be
successful. Whereas, social ventures allocate their resources to be a change agent for
society.
 Social entrepreneurs are known for their goal to make world a better place unlike
corporate entrepreneurial ventures whose only goal is to make profit.
 Business entrepreneurs must evolve under a more restrictive fiduciary and legal mandate
to maximize only their company owners’ wealth.
 For a corporate entrepreneur 'success' most often means achieving financial and business
goals that conform to the interests of shareholders by ruthlessly chasing rapid growth and
profitability. On the other hand a social entrepreneur has to make difficult decisions to
strike a balance between his dual mottoes of social impact and sustainable profits.
 While business entrepreneurs deliver value to their customers through competitive
pricing or better product or service offerings social entrepreneurs are primarily focused
on social value creation through positive impact on target communities along with
creation of economic value.
P3. Impacts of small and micro business on local, regional, national and international business
When it comes about starting of a new venture or a new business the first and foremost
thought an entrepreneur has is that of commencing a new business at the small scale. As staring
with small business leads to more efficiency and the growth of the business in the future
(Sarasvathy and Venkataraman, 2011). The business environment is dynamic and it keeps on
changing according to the tastes and preferences which leads to timely changes and upgrading of
the technologies in the existence business. Further, the impact that the business economy has on
small/ micro units are explained below:-
Local economy
Starting of a new small scale venture has a positive impact of the local economy because there
are a lot of variations and adaptation of new technologies that are available in the environment
and the adaptation of such technologies is easier in small business. New technologies leads to
growth of the venture because more and more customers would be attracted towards the latest
version of the product or services. Therefore, small/micro business environment are basically
more flexible when compared with large ventures. There are many examples of the popular firms
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which started their business on small scale and now has its name in one of the largest leading
firms like Microsoft.
Regional economy
Small or micro scale business are generally more effective because as the culture, tastes, caste,
creed, colour etc. differs from region to region and according to that the needs of the consumers
also fluctuates which result in changing or upgrading of the existing product or services (Martin,
McNally and Kay, 2013). Small scale business units is flexible in nature which has the ability to
adapt any changes required for the growth of the venture. So, therefore we can say that
small/micro business has great impact on the regional economy.
National economy
Starting up a small business unit has a great impact on the national economy because the
commencement of new small business venture leads to generating of more employment
opportunities to those people who are willing and are searching for employment. Hiring of the
willing and skilled persons add innovation and creativeness to the existing things which
eventually leads to generating of more future growth of the business unit. Moreover, it also leads
to eradication of unemployment in the economy which results in increasing of economic growth.
International economy
Small scale business unit has a great impact on business economy because the small business
unit has more adaptability (Martin, McNally and Kay, 2013). Introduction of new technologies
are more easily adapted in small venture because the risk included is very less in case of micro
business firm. Now-a-days small scale ventures are exporting their products and services
globally which results in more growth and more expansion of the existing business and increase
in the profit. More profit leads to achievement of more economic growth.
P4 Importance of Business set-ups on the growth of the Social economy
Small-businesses are the backbone of UK's economy. It provides vital contribution in
driving growth, opening of new market and is creating new Jobs opportunities for individuals. As
small businesses do not make much money as compared to large organisations but they are
majorly contributes to strengthen local economies. Small business set-ups provides:-
Contribution:- Small businesses set-ups are those companies which are having around 500 or
fewer employees, According to UK's small administration (SBA) these small set-ups generates
around 64% of new job opportunities in UK (Bridge and O'Neill, 2012).
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Provides Economic Growth:- To the communities in which small business is established it
provides innovation and growth to the local economies. It also affects economic growth by
providing employment to the employees who might not employable for larger organisations. It
attracts new talented employees and provides them platform to invent new products and for the
implementation of new ideas and techniques better than existing ideas and polices of the
company.
Changing climate Adaptability:- Small businesses posses very quick responding and adapting
qualities to changing economic climate. This is because small businesses are very customers
oriented. Small business are able to create strong relation with their customers as compared to
Large organisation, this strong relationship with customers helps small organisation to stay afloat
during tough times. This further helps in strengthening local economies. At the time of Economic
crisis due to accumulation in less revenue than larger companies, small business have to face less
amount of loss.
Future Growth: - Small businesses do not remain small, Microsoft is the best example that how
small idea can change the world (Bruton, Ahlstrom and Li, 2010). With time these small
industries will develop and become large companies which often remains in the community of
business orientation, which can help in providing employment and affect the local economy.
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TASK 2
P5 Characteristics, traits and skills of Successful Entrepreneur
Entrepreneur is a person with high aptitude who innovates accordingly to the challenges
and needs for the succession of his business. The main reason for any business success and
development in its strategies is totally based on their Entrepreneur's attitude toward the
challenges and adverse and favourable situations (Burns, 2010). Thus, taking an example of
some top Entrepreneur and their succession traits, Steve Jobs founded Apple company, which is
now globally selling its products and having a very good market position, Jobs also started his
business just as small entrepreneur. Similarly, Mark Zuckerberg founded Facebook which is
having the top social-media ranking in world, Zuckerberg also started his work as a small
business entrepreneur with his innovative idea. Although, there is no particular fits for successful
entrepreneur some guidelines to embark successful entrepreneurial venture:-
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Illustration 2: Characteristics of Entrepreneur
(Source:- Entrepreneurship and entrepreneur, 2013)

 Motivation and Passion: - This really matters in the succession of new Business that
how much passionate the Entrepreneur is about his business, and the factors motivating
him to proceed in direction to achieve success (Dacin, Dacin and Matear, 2010). The
things that matter to entrepreneur and motivated him to work with more passion, such as
family need, his dreams and determination to compete with their rivals in the same
market.
 Risk Taking: - By keeping and understanding all the available resources, plans,
information measure to deal with unknown future in reserve and taking of the risk. This
risk is taken by using all the available potential and resources to get great success for the
company (Defourny and Nyssens, 2010). This risk is considered by entrepreneur that how
much it worth against his time, money and career.
 Self belief, hard work and disciplined dedication towards the work:- For the succession of
new business Entrepreneur must be very much disciplined about his work with full of
belief on himself and his skills. Along with that great hard work is need by him to take
the organisation towards Success.
 Adaptability and Flexibility: - Being passionate and stubborn about the organisation
and work is very good quality for an entrepreneur. But, inflexible about the market
conditions and clients will lead the organisation towards the failure. Successful
entrepreneur will accept all appropriate suggestions to modify their policies in terms of
succession of their business (Kuratko, 2016Drucker, 2014). They should enhance their
offering by accepting new strategies of current market according to its profit for
company, and satisfy market and clients needs.
 Understanding offering: - Entrepreneur should always know everything about
marketplace where they are doing business and its dynamic inside and out.
Understanding and remaining aware of changing market needs, other external and
internal sources that can affect the business adversely and their competitors moves can
helps them to stay in market.
 Management of Money: - The management of expenses is very crucial to get
profitability for any entrepreneurial venture. The capital should be utilised wisely
planning for present and future financial obligations. The successful entrepreneur will
always handle cash flow (Morris, Kuratko and Covin, 2010).
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 Mental ability: Mental ability consists of intelligence and creative thinking. An
entrepreneur must be reasonably intelligent and should have creative thinking and must
be able to engage in the analysis of various problems and situations in order to deal with
them. The entrepreneur should anticipate changes and must be able to study the various
situation under which decision have to be made.
 Clear objectives: An entrepreneur should have a clear objective as to the exact nature of
the goods to be produced and subsidiary activities to be undertaken. A successful
entrepreneur may also have the objective to establish the products, to make profit or to
render social service.
 Business secrecy: An entrepreneur must be able to guard business secrets. Leakage of
business secrets to trade competitors is a serious matter which should be carefully
guarded against by an entrepreneur. An entrepreneur should be able to make a proper
selection of his assistants.
 Human relations ability: The most important personality traits contributing to the success
of an entrepreneur are emotional stability, personal relations, consideration and
tactfulness. An entrepreneur must maintain good relations with his customers if he/she is
to establish relations that will encourage them to continue to patronize his/her business.
He must also maintain good relations with his employees if he/she is to motivate them to
perform their jobs at a high level of efficiency.
Both Steve Jobs and Mark Zuckerberg are so much successful as an Entrepreneur and
took their business to such great extended level because of their skills and dedication towards
their work. Steve Jobs was having very great vision about the future policies and current market
position of Apple, He's having very strong leadership and wonderful thinking towards the
succession of organisation, his exceptional influence, and quality of surviving of good time, his
qualities to embrace failure and serial reforming help him to take Apple to such great extent
(Oosterbeek, Van-Praag and Ijsselstein, 2010).
Similarly, Zuckerberg is also having such qualities which takes Facebook to great success
such as his Zeal to make ideas a reality, he believes in doing business for higher purpose, having
full believe on his products and team, his motivational skills which motivates other in an
organisation, his qualities to never say Die and down to earth behaviour and thinking about
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feedbacks and making changes according to it helps him to become such successful
Entrepreneur.
P6 Aspects of the Entrepreneurial personality and its reflects on entrepreneurial motivation and
mindsets
The personality of an Entrepreneur directly affects is work efficiencies, his mindsets and
motivates him to work with more dedication for the succession of his business. The mind set of
Entrepreneur plays very crucial role in his team relation and entrepreneurship success. In terms
of personality entrepreneur has unique dimensions: -
The personality remains consistent with an individual throughout his life. The personality
of an individual decides his behaviour pattern and his social attitude. The personality of
individual have five main broad dimensions which are - Extraversion, agreeableness,
conscientiousness, neuroticism and openness. Being so much concerned about something is part
of Extroversion, these people always act assertive, social and are always excited. Agreeableness
quality people are much social and fond towards their social connection making.
Conscientiousness is a quality of people which helps them to predominantly focus on their goals.
Neuroticism, this type of people are very much emotional about their decisions and they get
negative and depressed very frequently in while performing tasks (Storey and Greene, 2010). At
last, the best category of people comes in Openness, these people are very much creative and
flexible about their decisions and works.
Whenever, entrepreneur start to build up a start up then great sense of determination and
tolerance of adverse effects are needed. Entrepreneur should have patience no matter what the
situation is, they should focus on removal of mistakes by learning through them and gaining of
strength from those mistake. Entrepreneur must have desire to achieve his or organisation set
objectives and goals. With an affiliation and effectiveness towards motivation, one can achieves
his targets and furthermore can take his business towards the success. Another most helpful thing
that comes in entrepreneurship is power to take own decision, here entrepreneur is free to take
and apply his ideas and moulds them as according to his convenience or as it is making profit to
his organisation.
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P7 Person's background and past effects on Entrepreneurship
Background and experience indirectly puts their huge effect in hindering and fostering of
Entrepreneurship, because these are the main reason of Entrepreneur's personality and his
behaviour towards success and failure.
In case of Steve Jobs he was a collage drop-out, then he travelled to India and seek
enlightenment and study Buddhism in India while working with Woniak he had created his own
circuit board. When Jobs was of 16 he began his classes from university of California along with
English classes at Stanford and also working with other firm projects. He focused his efforts on
making his entrepreneurship successful and as he was having most of the above mentioned
qualities he was able to create such big million multinational company (Storey, 2016Welter,
2011). Steve Jobs belong from very backward culture even though he managed to develop his
skills and setting up of such big organisation. Also, his characteristic qualities were also
responsible for his such great success, Jobs is very much down to earth and dedicated towards is
passion and work.
Similarly, In case of Zuckerberg he was born in well-educated family and from initial his
interest was in computers and at the age of 12 he created messaging program and named it as “
Zucknet”, As from his childhood he was dealing with computers and technology, which
developed his skills in his stream. Zuckerberg, from his childhood was very mucgh intrested in
Computers and software programming. His schooling is doe through Phillips Exeter Academy
then started learning to develop software from private tutor named David Newman and further
from Mercy college. He belongs from well to do family his father himself tough him basis
programming and others. Zuckerberg is very hard-working person, he stay clam at every
situations. These quality help him to set such global business organisation.
Both the Entrepreneur were working from their childhood and had faced positive
environment near them which moulds their personality in calm and work-oriented and focused
Entrepreneurs.
CONCLUSION
Through this report it can be concluded that Entrepreneurship skills allows certain
entrepreneur to achieve their set ambitions and target and provides them a platform for doing
their own business. Furthermore, the report is providing brief about and analyse the concepts of
entrepreneurship and small businesses helping in to raise the economy of UK. Further it provides
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information about personalities and the impact of personality which help to successfully run an
organisation. Also, in order to achieve success in field of entrepreneurship the background and
experience also plays very big role as it decides the personality of an entrepreneur. The report is
giving information about Steve Jobs and Mark Zuckerberg and their experiences which help
them to achieve success and maintain that success to the top level.
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REFERENCES
Books and Journal
Short, J. C and et.al., 2010. The concept of “opportunity” in entrepreneurship research: Past
accomplishments and future challenges. Journal of Management, 36(1). pp.40-65.
Shane, S., 2012. Reflections on the 2010 AMR decade award: Delivering on the promise of
entrepreneurship as a field of research. Academy of Management Review, 37(1). pp.10-20.
Jones, M. V., Coviello, N. and Tang, Y .K., 2011. International entrepreneurship research (1989–
2009): a domain ontology and thematic analysis. Journal of business venturing, 26(6).
pp.632-659.
Schaltegger, S. and Wagner, M., 2011. Sustainable entrepreneurship and sustainability
innovation: categories and interactions. Business strategy and the environment, 20(4).
pp.222-237.
Hockerts, K. and Wüstenhagen, R., 2010. Greening Goliaths versus emerging Davids—
Theorizing about the role of incumbents and new entrants in sustainable
entrepreneurship. Journal of Business Venturing, 25(5). pp.481-492.
Von Graevenitz, G., Harhoff, D. and Weber, R., 2010. The effects of entrepreneurship
education. Journal of Economic Behavior & Organization, 76(1). pp.90-112.
Nga, J. K. H. and Shamuganathan, G., 2010. The influence of personality traits and demographic
factors on social entrepreneurship start up intentions. Journal of business ethics, 95(2).
pp.259-282.
Sarasvathy, S. D. and Venkataraman, S., 2011. Entrepreneurship as method: Open questions for
an entrepreneurial future. Entrepreneurship theory and practice, 35(1). pp.113-135.
Martin, B. C., McNally, J. J. and Kay, M. J., 2013. Examining the formation of human capital in
entrepreneurship: A meta-analysis of entrepreneurship education outcomes. Journal of
Business Venturing, 28(2). pp.211-224.
Bridge, S. and O'Neill, K., 2012. Understanding enterprise: entrepreneurship and small
business. Palgrave Macmillan.
Bruton, G. D., Ahlstrom, D. and Li, H. L., 2010. Institutional theory and entrepreneurship: where
are we now and where do we need to move in the future?. Entrepreneurship theory and
practice. 34(3). pp.421-440.
Burns, P., 2010. Entrepreneurship and Small Business: Start-up. Growth and Maturity. Palgrave
Macmillan.Burns, P., 2010. Entrepreneurship and Small Business: Start-up. Growth and
Maturity. Palgrave Macmillan.
Dacin, P. A., Dacin, M. T. and Matear, M., 2010. Social entrepreneurship: Why we don't need a
new theory and how we move forward from here. The academy of management
perspectives. 24(3). pp.37-57.
Defourny, J. and Nyssens, M., 2010. Conceptions of social enterprise and social entrepreneurship
in Europe and the United States: Convergences and divergences. Journal of social
entrepreneurship. 1(1). pp.32-53.
Drucker, P., 2014. Innovation and entrepreneurship. Routledge.
Kuratko, D. F., 2016. Entrepreneurship: Theory, process, and practice. Cengage Learning.
Morris, M. H., Kuratko, D. F. and Covin, J.G., 2010. Corporate entrepreneurship & innovation.
Cengage Learning.
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Oosterbeek, H., Van-Praag, M. and Ijsselstein, A., 2010. The impact of entrepreneurship
education on entrepreneurship skills and motivation. European economic review. 54(3).
pp.442-454.
Storey, D. J. and Greene, F. J., 2010. Small business and entrepreneurship. Financial
Times/Prentice Hall.
Storey, D. J. ed., 2016. Entrepreneurship and new firm. Routledge.
Welter, F., 2011. Contextualizing entrepreneurship—conceptual challenges and ways
forward. Entrepreneurship theory and Practice. 35(1). pp.165-184.
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