Lecture 8 Flashcards
Critical cross management studies
1
Q
What is an entrepreneur?
A
six main components are proposed for inclusion in a definition of the entrepreneur: (1) innovation, (2) opportunity recognition, (3) risk management, (4) action, (5) use of resources, and (6) added value.
2
Q
Meritocracy
A
money and power are vested in individuals based on talent, effort, and achievement
rather than wealth or social status. Measurement is based on performance.
3
Q
What was the aim of the Linan and Fernandez study?
A
it aimed to identify the specific role of national culture in explaining the level of economic development and reinforcing the effect of entrepreneurship on income levels.
4
Q
A
