NG

ENTREPRENEU
RSHIP
Objectives:
1. Define entrepreneur and entrepreneurship;
2. Describe the salient features of entrepreneurship;
3. Discuss the different theories on entrepreneurship;
4. Distinguish between entrepreneurial venture and
ordinary small business activity;
5. Determine factors that contribute to the misconceptions
of entrepreneurship;
6. Describe the importance of entrepreneurship; and
7. Identify the sources of entrepreneurial ideas.
What comes into your mind when you hear the words
entrepreneur? Entrepreneurship?

Entrepreneur Entrepreneurship
Do you imagine yourself becoming an
entrepreneur and managing your own
business in the future?
Does acquiring basic knowledge in
entrepreneurship important?
So why learn entrepreneurial
principles when it cannot provide you
the assurance of becoming successful?
Entrepreneurship has no definite
definition.
Different views and theories have been developed in the field of
entrepreneurship.
The scholars who provided the definition for entrepreneurship are largely
influenced by their own personal belief.
The entrepreneurial models introduced by scholars are predominantly
influenced by prevailing economic situations during a specific period in
history.
The frameworks and methods of researches on entrepreneurship are highly
dependent on the theories and the contexts of the research endeavors.
Small business Ordinary business