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Chapter 1:
Entrepreneurship Today
Peggy A. Lambing and Charles
R. Kuehl
PowerPoint presentation created by Peggy
Lambing
PRENTICE HALL
ENTREPRENEURSHIP, 4/e
By Lambing and Kuehl
Learning Objectives
ENTREPRENEURSHIP, 4/e
By Lambing and Kuehl
PRENTICE HALL
2007 by Pearson Education, Inc.
Upper Saddle River, NJ 07458
Industry Structure
ENTREPRENEURSHIP, 4/e
By Lambing and Kuehl
PRENTICE HALL
2007 by Pearson Education, Inc.
Upper Saddle River, NJ 07458
Increasing Number of
Small Businesses
Foreign competitors
disrupting big corporations
Start of deregulation
ENTREPRENEURSHIP, 4/e
By Lambing and Kuehl
PRENTICE HALL
2007 by Pearson Education, Inc.
Upper Saddle River, NJ 07458
Increase in Small
Businesses
Year
Person
1955
1965
1975
1985
1998
2000
ENTREPRENEURSHIP, 4/e
By Lambing and Kuehl
Businesses Per
1/38
1/29
1/26
1/20
1/16
1/12.7
5
PRENTICE HALL
2007 by Pearson Education, Inc.
Upper Saddle River, NJ 07458
Downsizing
ENTREPRENEURSHIP, 4/e
By Lambing and Kuehl
PRENTICE HALL
2007 by Pearson Education, Inc.
Upper Saddle River, NJ 07458
Societal Change
End of jobs?
Post-industrial society: a
country where large-scale
businesses are no longer as
important as they were
ENTREPRENEURSHIP, 4/e
By Lambing and Kuehl
PRENTICE HALL
2007 by Pearson Education, Inc.
Upper Saddle River, NJ 07458
Unemployment or
underemployment
Uncertainties and pressures
of job insecurity
Wave of interest in
entrepreneurship worldwide
ENTREPRENEURSHIP, 4/e
By Lambing and Kuehl
PRENTICE HALL
2007 by Pearson Education, Inc.
Upper Saddle River, NJ 07458
Entrepreneurship in a
Changing Environment
Changes in Markets
ENTREPRENEURSHIP, 4/e
By Lambing and Kuehl
Outsourcing
Virtual organizations
Market fragmentation
PRENTICE HALL
2007 by Pearson Education, Inc.
Upper Saddle River, NJ 07458
New Markets
Green markets
Market place
Market space
ENTREPRENEURSHIP, 4/e
By Lambing and Kuehl
PRENTICE HALL
2007 by Pearson Education, Inc.
Upper Saddle River, NJ 07458
Competitive Advantages
of Small Business
ENTREPRENEURSHIP, 4/e
By Lambing and Kuehl
PRENTICE HALL
2007 by Pearson Education, Inc.
Upper Saddle River, NJ 07458