Studies in entrepreneurship Research Paper Example | Topics and Well Written Essays - 2500 words

Studies in entrepreneurship - Research Paper Example He outlines the resources needed in fulfilling the need identified. The entrepreneur is often responsible for the success of the business identified and its failure as well; therefore, he has to plan on how to manage the business amidst all the problems and challenges in the immediate and external environment. The entrepreneur often operates in some kind of an entrepreneurship ecosystem whereby he has to plan and develop tools that he can use to obtain additional funding and other resources needed in the achievement of the identified goals and objectives. For instance, he has to prepare his business plan in order get assistance from the bank and other financial systems. Entrepreneuship has caused the gorwth and development of small business intiatives to become large international ventures (Stevenson, 1997). This has led to great success of these multinational corporations that has been aided by resourceful and able networking among the stakeholders involved and the investors (Stevenson & Jarillo, 1990). During the course, one of the areas that interested me was the development of the social capital. This is because, in long term, it helps in achieving great internationalization in many business activities across countries of the world. This paper summarizes all that I have learnt, showing the areas that have been of great interest to me. Stevenson & Zarillo (1990), have been effective in their research about the different ways in which people can start and manage business activities. According to this research, entrepreneurship is an important activity through which people can identify and exploit their diverse potential in solving various needs in the society and corporate world. In the same way, Stevenson (1997), outlines the six different dimensions on the subject of entrepreneurship. Entrepreneurship in itself is a process that requires careful