Thursday, April 25, 2019
Management Research Methods Assignment Example | Topics and Well Written Essays - 2000 words
Management Research Methods - Assignment ExampleA literature review is everlastingly considered as the central component of a explore. In the context of this research it is expected that a considerable volume of literature regarding Entrepreneurs and their features can be found on different sources. The sources include books, past research paper and scholarly articles, which can be from either online source or offline source. The topic which will be interpreted forward will be about entrepreneurship and only information pertaining to this will be taken into account. There are several research articles on Entrepreneurship and attempt but the articles which will be taken into account is Differentiating Entrepreneurs from small business owners A Conceptualisation (Carland et.al, 1984, p.354). While studying the references it has been recorded that each agent emphasizes on different aspects of Entrepreneurship. An enterprise is a business organisation which is engaged in the exchang e of goods and function for the sake of earning profit. An enterprise can be either profitable or non-profitable it depends on the intention of the entrepreneur who is behind the enterprise. Enterprise can be further classified as public-Enterprise or a snobbish enterprise (Publish your Articles, n.d.). A public enterprise is a state controlled enterprise and on the contrary a private enterprise is owned by some individual or a group of individual. On the new(prenominal) hand an entrepreneur as defined first time in the history by Robert Cantillon in 1755 stating that an entrepreneur is the person linking the consumer and the manufacturer for the purpose of earning profit. (Definition of Entrepreneurship, n.d.). The root of the article Differentiating Entrepreneurs from small business owners A Conceptualisation stresses on the fact that there exists a difference between an entrepreneur and a manager. thence he pointed out that the major difference lies in bearing riskiness by the entrepreneur. However Schumptor countered that risk taking is an obligation in ownership, therefore it is not considered as an attribute. An entrepreneur always applies innovation and other management practices strategically while the same is not present in case of the owner of a small business. They in like manner identified that there is a difference between small business and entrepreneurship, possibly there are some overlapping factors but the concept is not the same. An entrepreneurial firm whitethorn start at any size but the growth depends over time. In the article Enterprise skill and enterprise learning the author focuses on the fact that innovation and entrepreneurship has brought major technological changes and also contributed to the economic and social landscape of the developed countries. According to the author industrial revolutions with steam engine and Electrification was a result of new innovations and also mentioned that presently we are undergoing the thir d industrial revolution with trademarks like IT, Telecommunication, Biotechnology, Robotics and Nanotechnology. The author also mentioned that Entrepreneurship skills are amalgamation of skills, attributes, beliefs and qualities which is gained by theoretical learning, following somebody as idol and by dint of real life experiences (Ward, n.d.). According to the author of the article titled Entrepreneurs, the self employed and employees amongst young European Higher education graduate that factors such as demography, professional background,
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