Defining the Research field of Entrepreneurship

Question 1

What is an entrepreneur?

Answer 1

Is the individual responsible for the process of creating new value

Question 2

Can the term entrepreneur be used when there is intent but no action?

Answer 2

The paper says no

Question 3

What two aspects of the phenomenon need to be considered?

Answer 3

The individual and the project itself

Question 4

What would happen if the project was impossible without the contribution of all team members or the removal of one?

Answer 4

In this instance the team would become the “entrepreneur”, as the outcome cannot be attributed to a single individual

Question 5

What type of phenomenon is innovation?

Answer 5

A collective phenomenon

Question 6

Entrepreneurial reproduction

Answer 6

Very little new value creation, usually no innovation, and very few changes for the individual. This would be the case, for example, in the creation of a classical small, standard restaurant by a chef with experience

Question 7

Entrepreneurial imitation

Answer 7

no significant new value creation, entrepreneurs must make far-reaching changes in their know-how, relations networks, and so on. It requires the entrepreneur to learn a new trade.

Question 8

Entrepreneurial valorization:

Answer 8

Only a handful of people who really know the technology in question, and he has a unique relations network, which then uses to go on and create a business.

Question 9

Entrepreneurial venture

Answer 9

Rare, when successful they lead to radical changes in the environment, through the creation of significant new value.