Entrepreneurial Ventures: Types, Typologies and Key Differences

This report provides an in-depth analysis of various entrepreneurial ventures, including small business, large business, scalable, and social entrepreneurships. It explores the different typologies associated with female and male entrepreneurs and highlights the key differences and similarities between these ventures. The report focuses on aspects such as finances, size, and objectives to differentiate between large and small entrepreneurships, as well as social and scalable entrepreneurships. It concludes by emphasizing the shared goal of improving the world and enhancing living standards among social and scalable ventures. Desklib offers a variety of study resources, including past papers and solved assignments, to help students further explore these concepts.

Entrepreneurship and Small
Business Management

Table of content
INTRODUCTION
Different types of entrepreneurial ventures
Entrepreneurial venture typologies
Difference between large and small entrepreneurship
Difference in social and scalable entrepreneurship
Similarities in large and small entrepreneurship
Similarities between social and scalable entrepreneurship
REFERENCES

INTRODUCTION
Entrepreneurship refers to a business practice where an individual undertakes an activity of setting up a
business with handling all the related operations and risk associated with earning of profits. An entrepreneur is
a person or individual who on their own developed a business and where all the risks associated with it and
take all the responsibilities. The report is constructed for providing inappropriate understanding of different
entrepreneurial Ventures and their dependency on different typology of entrepreneurship. Moreover
differences and similarities are also highlighted amongst different entrepreneurial Ventures.

Different types of Entrepreneurial Ventures
Entrepreneurial ventures are those businesses which are initiated and constructed by an individual entrepreneur
where they make use of their unique ideas in order to provide the best quality goods and services for the customers
aligning them with their needs and preferences. There are different types of entrepreneurship or entrepreneurial
Ventures which are mentioned and explained below.
 Small business entrepreneurships a started by entrepreneur with very limited resources and financial capitals.
 Large business entrepreneurship are those entrepreneurships which are started by an individual but the
investments and its operational standards are very high.
 Scalable entrepreneurship are such enterprises which are based on some assumptions that another winner have
in their mind in relation with their specific idea.
 Social entrepreneurship are enterprises which are established by entrepreneurs with single objective of social
welfare and of helping others who are not able to help themselves due to many different reasons.

Entrepreneurial venture typologies
 Female entrepreneur typology defines and refers that the females are calm individuals and are more
efficient which makes them better in strategic decision making for the respective business. Such
typology is related with scalable entrepreneurship as this is a unique and a time taking process and an
entrepreneurial venture.
 Male entrepreneur typology define that do males are developed and holds better power for
monitoring and controlling a business activity in more efficient way rather than a woman. This
typology is interlinked large entrepreneurial venture as there the level of authority and power is higher
than other entrepreneurial Ventures.

Difference between large and small
entrepreneurship
Basis Small entrepreneurship Large entrepreneurship
Finances The finances that is the cash a small
business entrepreneur is limited.
Entrepreneurs start their businesses with
very less amount of money along with
these finances are gathered by themselves
from their past savings or from their family
members.
On the other hand the large Business
entrepreneurship and an entrepreneur has a
huge amount of money invested in the
operation. These finances are raised from
there is different sources which are
authentic and secured.
Size The size of a small business
entrepreneurship is very small. The
operations of such enterprises are covering
very small area and target market.
The large business entrepreneurship have a
very huge operational area and established
on a very large scale.
Aim The aim of a small business organisation is
to sustain in the marketplace by earning
enough profits for paying off their current
expenses and any debts if arises.
The objective and aim of a large business
entrepreneurship is to sustain in the market
and not to earn appropriate profit but to run
their operation for the longer period with
the motive of sustaining for the longer run.

Difference in social and scalable
entrepreneurship
Basis Social entrepreneurship Scalable entrepreneurship
Objective The objective which is mainly focus by a
Social entrepreneurship is of social well
being and increasing the living standards
of people in the society.
The aim and objective of a scalable
entrepreneurship shape is to bring and
establish a unique product that changes the
mind-set of individuals and all over the
world making it a better place to live.
Employees The employees of a Social
entrepreneurship is basically those people
who voluntarily self employ them in such
enterprises for a social welfare.
The influence of a scalable
entrepreneurship are skilled experts who
holds appropriate and specific knowledge
into a particular area of which the
assumption is made by the entity.

Similarities in large and small entrepreneurship
The similarity between small and large business entrepreneurship for an
entrepreneurial venture is both the enterprises are developed with some unique Idea
and products which are not present in the existing marketplace and of innovative
nature.

Similarities between social and scalable
entrepreneurship
The similarity between a social and scalable entrepreneurship is that both of these
enterprises are coming towards the similar objective that is of making the world a better
place for living and enhancing the standards of people and their day to day lives.

REFERENCES
 Brush, C. and et. al., 2019. A gendered look at entrepreneurship ecosystems. Small Business Economics. 53(2).
pp.393-408.
 Cole, R. A., 2018. Bank credit, trade credit or no credit: Evidence from the Surveys of Small Business Finances.
Trade Credit or No Credit: Evidence from the Surveys of Small Business Finances (July 31, 2018).
 Dana, L. P., Ratten, V. and Honyenuga, B. Q. eds., 2018. African Entrepreneurship: Challenges and
Opportunities for Doing Business. Springer.
 Davari, A. and et. al., 2018. Factors influencing academic entrepreneurship: a case-based study. Journal of
Science and Technology Policy Management. 9(3). pp.284-295.

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