Module Name: Entrepreneurship and small business development
Successful enterprises have its essential elements by which entrepreneurs rely on to operate business. These critical elements include organisational structure, corporate performance management, organizational culture, leadership style, and entrepreneurship. As unmatchable signifi layaboutt factor for successful enterprises, entrepreneurship sometimes were considered as the near significant for an enterprise to survive in economic crisis and accordingly get strong in severe competition in industries. Every company has its own long term finale and existing culture. During the long period an entrepreneur striving for a designate target, enterprise spirit or culture bequeath be formed. And entrepreneurship was originated from such type of spirit and culture. Also, entrepreneurship contains several characteristics, which argon held differently by motley theorists. What frequently considered as important element of entrepreneurship includes spirit of venture, collaboration awareness, hardworking, learning, persistence, honesty, sense of dedication, and fundament. This essay exit concentrate on innovation, from the example of Apples founder, Steve Jobs. Firstly, it will start with a literature review, which includes several theorists views on innovation and entrepreneurship. Various materials related to Steve Jobs will be referred to. Then, the second part will commission on analysis of Steve Jobs in order to demonstrate how innovation spirit matters to entrepreneurship.
It will contrast the life of the entrepreneur against the views discussed in the review of the literature.
Entrepreneurship, which was considered as what a successful entrepreneur should own, has various characteristics, including spirit of venture, collaboration, commitment to work, learning, persistence, honesty, sense of dedication, and innovation. Economists Richard Cantillion and Frank Rnight (1984) asserted that entrepreneurship super related to risk and uncertainty (Fleming & Ramdas, 2009). No entrepreneurs can accomplish success without taking risks in their mind. They held that huge clear came from right choice among uncertain circumstances. Well-known...
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