Entrepreneurship Classification Flashcards
It is centered around administrative techniques and functions.
Administrative Entrepreneurship
It is the best exhibit of the characteristic of this category of entrepreneurship.
Opportunistic Entrepreneurship
The entrepreneurship that learns from other competencies is acquisitive entrepreneurship.
Acquistive Entrepreneurship
It generates and nurses new ideas and ventures within the organization.
Incubative Entrepreneurship
It imitates a good or service operating in the market under a franchise agreement.
Imitative Entrepreneurship
It is initiated under private sector is.
Private Entrepreneurship
It is undertaken by the government through its various development agencies.
Public Entrepreneurship
It is undertaken by an individual or a family with personal initiative.
Individual Entrepreneurship
It increases small and medium enterprises in a country.
Mass Entrepreneurship
This type of entrepreneurship emerges in an economy where a favorable climate of motivation and encouragement exist for developing a wide range of entrepreneurship among general mass.
Mass Entrepreneurship
A layer and mutual relationship between private and public sectors would make economic development speedy and balanced.
Private Entrepreneurship
All countiees, developed or underdeveloped, take a public initiative in venture ideas to fulfill the init private entrepreneurship.
Public Entrepreneurship
The government gives various support services through private and public concerns that encourage private initiative in taking entrepreneurial ventures.
Private Entrepreneurship
It is the medium that spread technology over the world.
Imitative Entrepreneurship
It adopts an existing technology in countries over the world.
Imitative Entrepreneurship
It also adopts an existing technology with minor modification appropriate to the local condition.
Imitative Entrepreneurship
It executes them in a productive manner and ensures material gain for the organization.
Incubative Entrepreneurship
They pursue and help to get differentiated technologies to promote creations and innovations Microsoft, Nokia, etc. always incubates new varieties types of product and creates product differentiation in the market.
Incubative Entrepreneurship
The failure never restraints them from acquisition but motivates them further to discover such a thing with a new visitor.
Acquisitive Entrepreneurship
It keeps entrepreneurship sustainable in a competitive environment.
Acquisitive Entrepreneurship
It acquires something new of value front, the competitive environment or achieves the competitors technical capacities
Acquisitive Entrepreneurship
Environmental changes always offer new opportunities. But everybody is not equally capable of identifying and to utilize that opportunity on time.
Opportunistic Entrepreneurship
The entrepreneurship that identifies, exploits, and executes the opportunity on time.
Opportunistic Entrepreneurship
It gives a new option to handle prevailing or future situations in a more effective way that provides advantages snd competitive edge.
Administrative Entrepreneurship
