MINGGU 2 - PENGENALAN USAHAWAN
Transcript of MINGGU 2 - PENGENALAN USAHAWAN
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Entrepreneurs,
Entrepreneurship and
the Entrepreneurial
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Entrepreneurs areindividuals who actively
form or lead their ownbusinesses and nurture
them for growth and
prosperity.
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Entrepreneurs are peoplewho create businesses/new
ventures where none
existed before. They bring
resources to bear on a
business opportunity andmake it happen.
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ENTREPRENEURS BEHAVIOR
(1) initiative taking
(2) the organizing and
reorganizing ofsocial/economic mechanismsto turn resources and
situations to practical account(3) the acceptance of risk orfailure.
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Entrepreneurs are found inall professionseducation,
medicine, research, law,architecture, engineering,social work, and
distribution.
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Entrepreneurship Historical
Development
Early Viewpoint (1700S-1950S)
Richard Cantillon (1755) a Frencheconomist asserted that anentrepreneur invests, transform
and makes profit and loss.
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Adam Smith (1776) - widened thescope to include the task of forming
the organization for commercial
purpose and extra qualities. He alsodescribed the dynamism of the
personality such as the ability to
foresee potential through changes
economy and to act on the demandthereby created.
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Jean Babtiste (1803) The entrepreneur was said toinfluenced by society to recognize
needs and to fulfill them throughskillful management of resources.
John Stuart Mill (1848)
The entrepreneurs to be accounted
as the fourth factors of production(after land, labour and capital).
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Joseph Scumpeter (1934)
Entrepreneurship is a creative
destruction force that sees thedestruction of usual ways of
doing things by the introduction
of new improved ways.
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H.G Evan (1957)
The entrepreneurs shoulder the
task of the determining the typeof business and are the decision-maker vis--vis types ofproducts and services, size of
business and market to betargeted.
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Early 1980S
David McClellend (1985)
Personal Entrepreneurial
Competency (PEC), this set ofcompetencies is critical to the
business formation function and
explains why the test is adoptedin some entrepreneurship
development programmes.
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CREATIVITY
THE ABILITY TO DEVELOP
NEW IDEAS AND TO
DISCOVER NEW WAYS OFLOOKING AT PROBLEMS
AND OPPORTUNITIES;
THINKING NEW THINGS.
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INNOVATION
THE ABILITY TO APPLY
CREATIVE SOLUTIONS TO
PROBLEMS OROPPORTUNITIES TO ENHANCE
OR TO ENRICH PEOPLES
LIVES; DOING NEW THINGS.
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Characteristics of
Entrepreneursj y Desire for responsibility
j y Preference for moderate risk
j y Confidence in their ability to succeed
j y Desire for immediate feedback
j y High level of energy
j y Future orientation
j y Skilled at organizing
j Value achievement over money
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Types Of Risk Might An
Entrepreneur Face1. Financial risk
2. Family and social risk
3. Career risk
4. Psychological risk