Entrepreneurial mindset in an entrepreneurial setting

chapter5.4
This chapter provides you with an overview of entrepreneurship and of the language of entrepreneurship. The challenges associated with defining entrepreneur and entrepreneurship are explored, as is an overview of how entrepreneurship can be studied.

The objective is to enable you to apply current concepts in entrepreneurship to the evaluation of entrepreneurs, their ventures, and the venturing environment. You will develop skills, including the capability to add value in the new venture sector of the economy. You will acquire and practice evaluation skills useful in consulting, advising, and making new venture decisions

1. Those who decide and
think Versus those who
appear not to
Chapter 5.4

2. In entrepreneurship, the research field of
entrepreneurship talks about the entrepreneur
and entrepreneurial work constructed with that of
managers and managerial work.

3. Researcher's
cognitive map
- a personal construct system of the
researcher of what is entrepreneurship to
them.
- the entrepreneur is the innovator, creator,
locator, implementor of ideas and exerciser
of leadership
example: Bussines Plan

4. In the literature on managerial and
organizational cognition
MANAGERS - describe as the strategic decision
makers who make the decisions about highly complex
issues that requires careful thinking.
CEO - considered as the COGNIZERS

5. Entrepreneurs are different from
managers
There is a naive distinction between
managers and entrepreneurs
focuses on long term business goals like
the expansion of their business.
Entrepreneurs
focuses on short term goals like completing projects
Managers
ARGUMENTS