Lesson 1.2

Question 1

Conducted research to explore the underlying meanings researchers and practitioners have about entrepreneurship and to outline some themes that characterizes the major issues and concerns that constitute the debate about entrepreneurship as a field of study.

Answer 1

William B. Gartner

Question 2

How many attributes did he identified?

Answer 2

90 attributes

Question 3

Characterized as doing something new as an idea, product, service, market, or technology in a new established organization.

Answer 3

The innovation theme

Question 4

Is characterized by attributes such as a special way of thinking, a vision of accomplishment, ability to see situations in terms of unmet needs, and created a unique combinations of elements.

Answer 4

Uniqueness

Question 5

Concept of entrepreneurship that involves individuals with unique personality characteristics and abilities.

Answer 5

Entrepreneur theme

Question 6

Articulated the idea that entrepreneurship creates value. The attributes in this factor indicated that value creation might be represented by transforming a business, creating a new business, growing a business, creating a new business.

Answer 6

The creating value theme

Question 7

Describes those behaviors involved in creating organizations.

Answer 7

The organization creation theme

Question 8

Suggests that the definition of entrepreneurship was that a venture be owner-minded.

Answer 8

The owner-manager

Question 9

“It is the process of pursuing opportunities without limitations by resources currently in hand” and “the process of doing something you and something different for the purpose of creating wealth for the individual and adding value to society.

Answer 9

Entrepreneurship

Question 10

Suggested that entrepreneurship must involve uniqueness.

Answer 10

Uniqueness theme

Question 11

-Entrepreneurship is an engine of economic growth.
- Highlight the role of private enterprises in supporting equitable distribution of income and wealth, sustaining production of goods/services and expanding productivity, therefore raising the quality of life.

Answer 11

1987 Philippine constitution article XII section 1

Question 12

Defined as any business activity or enterprise engaged industry agri-business and/or services.

Answer 12

MSMEs

Question 13

Is the backbone of the country

Answer 13

Entrepreneurship