Entrepreneurship Is A Nature Or Nurture Process Essay

Entrepreneurship is a complex field of study in business that sparks much debate. One prominent discussion relates to whether entrepreneurship is a nature or nurture process. In order to answer this question, entrepreneurship must first be defined. As it is a multi-faceted field that spans across a wide range of contexts, there is no agreed definition of entrepreneurship (Schaper, 2014). For the context of this essay, however, it is a process that brings together a team- with a leading entrepreneur-, an opportunity, the right resources, an organisation, and an appropriate environment (Massey, 2011; Schaper, 2014). This essay argues why such a process is not defined by the actions or characteristics of just one individual. Firstly, entrepreneurial attributes and different personality types are discussed, followed by an argument on the different ways of teaching entrepreneurship. This means that from knowledge and experiences, one can be taught to engage in entrepreneurial activities ( â€Å"teach†, n.d.). Contrary to popular belief, a universal set of pre-defined characteristics of an entrepreneur does not exist. Every entrepreneur has a unique combination of attributes, and each attribute’s importance will vary across contexts and cultures (Ray, 1993). While some seem more common- such as opportunity obsession and tolerance of risk (Massey, 2011)- there is no evidence to prove that it is these attributes alone that contribute to one’s ability to be an entrepreneur. Lange (asShow MoreRelatedWhat does Entrepreneur Means Essay1044 Words   |  5 Pagesresult in being an entrepreneur which is a manifestation of ‘innovative rebelliousness’ (Sanworth, Stanworth, Granger, Blyth, 1989). The social marginality model argued by the group of scholars is attempting to further understand the process of entry into entrepreneurship. The model is defined as ‘a perceived incongruity between an individual’s personal attributes and the role they hold in society’. Furthermore, this notion can be applied to an individual or a group of people in the organisation (SanworthRead MoreThe Term Entrepreneurship 1558 Words   |  7 PagesOver time many definitions for the term ‘entrepreneurship’ have been given and interpreted, but there is continued discussion on its exact meaning. Blundell, Lockett, and Schumpeter have all offered their definition, and even with their statute in the academic community their definitions are interpreted in different ways. Although entrepreneurs may not be aware of these definitions, they engage in their own version of what entrepreneurship is, and researchers found that they show characteristicsRead MoreWe Create Happin ess By Providing The Best In Entertainment1379 Words   |  6 Pagesdefinite it as driver of global change, creating economic value and promoting cultural preservation and innovation. According to GCCE (Global center for cultural entrepreneurship), there are 3 missions that to support cultural entrepreneurs working to create and scale their enterprises, and to advocate for the importance of cultural entrepreneurship and the value of a culture economy and to connect a global network of cultural entrepreneurs. In short, cultural enterprise provide the lifeblood for our enjoymentRead MoreEntrepreneurs Are Born Not Made And How The Small Start Ups Changed The Business Industries Essay1724 Words   |  7 Pagesquestions addressed in this paper are: entrepreneurs are born not made and how the small start-ups have changed the business industries. Many arguments were for and against that entrepreneurs are born with inherent highly developed business skills. Entrepreneurship is a comprehen sive term that is an immensely arduous to delineate (Thurik and Carree, 2005). However, the research which was accomplished about entrepreneurs, I think that entrepreneurs are not born they are made on the stage of cultivating newRead MoreIntelligence Between Intelligence And Culture1730 Words   |  7 Pagesbehaviour in real life because people can choose to behave in any way they feel like. According to Kan, Wicherts, Dolan van der Maas (2013), they made a finding that heritable abilities are the culture dependent abilities and this addressed the nurture to nature debate on intelligence. They also discovered that there is great heritability coefficient in culture loaded tests than in culture reduced tests. There was variance in subtest proportion between general intelligence and heritability because theRead MoreA Life Of Balancing School And Business Essay1185 Words   |  5 PagesA Life of Balancing School and Business With the vogue around with startups, entrepreneurship is not a post educational phenomenon anymore. The world has shown how young people whilst studying, can triumph in creating great companies. But, how young of a student are we talking about? You would think ‘college’, but no; today we are to look at a high school student who dreamt enough to do enough. Ahmed Fahad is a high school senior who resides in Dhaka. His dreams are big and his actions bigger. InRead MoreThe Factors Of Production And Their Rewards2377 Words   |  10 Pagesfactors to grow an economy? Factors of Production are an economic term to describe the inputs that are used in the production of goods or services in the attempt to make an economic profit. The factors of production include land, labor, capital and entrepreneurship. The capital is all of the tools and machinery used to produce a good or service. Land represents all natural resources, such as timber and gold, used in the production of a good. While labor is all of the work that laborers and workers performRead MoreA Review of the Role of Entrepreneurship in Stimulating Economic Growth, Reducing Unemployment and Increasing Level of Income in Low to Middle Income Countries.3874 Words   |  16 PagesA REVIEW OF THE ROLE OF ENTREPRENEURSHIP IN STIMULATING ECONOMIC GROWTH, REDUCING UNEMPLOYMENT AND INCREASING LEVEL OF INCOME IN LOW TO MIDDLE INCOME COUNTRIES. INTRODUCTION This paper sets out to review the role of entrepreneurship in stimulating economic growth, reducing unemployment and increasing levels of income in low to middle income countries. Nieman and Nieuwenhuizen (2009) states that the contribution of entrepreneurs to the economy can be attributed to their special qualities. TheyRead MoreEntrepreneurs Are Born and Made2128 Words   |  9 Pagesachieve/ambition • perseverance, determination • confidence • optimistic attitude • creativity If these attributes are critical to the success of the entrepreneur how much control does one have over their own personality? The born-made debate and nature-nurture argument have been researched and argued for decades. Some psychological models assert that a proportion of our personality is inborn and permanent (Hollander, 1971), that a psychological core at the center of our personality gives us enduringRead MoreCorporate Entrepreneurship at Ge and Intel2827 Words   |  12 PagesProceedings Dublin, Ireland Corporate Entrepreneurship at GE and Intel John Zimmerman, Zayed University, U.A.E Abstract This is the first of three planned articles concerning Corporate Entrepreneurship (CE). The author is a former entrepreneur practitioner who secured an earned doctorate from Pepperdine University in 2008, and who now teaches at Zayed University in the United Arab Emirates. In this article the author explores the concept of Corporate Entrepreneurship (CE) using case study methodology