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Case study: Entrepreneurship

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  1. Abstract
  2. Introduction
  3. Background
  4. Start up of business
    1. Risk taking ability
  5. Business management and development
    1. Smith's entrepreneurial types and founders disease
    2. Lessem's entrepreneurial types
    3. Need for achievement
    4. Locus of control
    5. Need for autonomy
    6. Creativity and opportunism
  6. Questionnaires
    1. Test for left-brain/right-brain dominance
    2. Leadership style questionnaire
  7. Conclusion
  8. References

This paper compares the main Entrepreneurial Trait theories with the profile of a successful entrepreneur: Mr Ian Robertson. Using qualitative methods, Mr Robertson's entrepreneurial characteristics are established, analyzed and weighed against the attributes discussed in entrepreneurial literature. The research methods undertaken for the purpose of this study include a forty-five minute interview; electronic correspondence and a literature study.

[...] Mr Robertson accepted this position when headhunted by the Department for Trade and Industry as he feels strongly that graduates who choose entrepreneurship as a career are a valuable resource to the economy. Mr Robertson also aspires to be a politician. Therefore, it may be construed that he is an individual who has a high Need for Achievement. Locus of Control In his book ?Entrepreneurship' (2003) Kirby summarizes the various ?Locus of Control' theories. Rotter's (1966 - Kirby, pg 112) view is that a person who believes in internal control believes that the achievement of a goal is dependant on his/her own behavior or individual characteristics. [...]

[...] 4. What made you decide to take time out from managing your ventures to head the NCGE? 5. What are the objectives of NCGE? 6. For how long will you continue to head the NCGE? 7. Can you tell me about your upbringing? 8. Were your parents or any other family members business owners? 9. Did you know any business owners when you were a child? 10. Can you tell me about your education, did you attend College or University? [...]

[...] (2000) Entrepreneurship and Small Business: Principles, Practice and Policy. Pearson Education Ltd. England Davies, Siwan. (2005) ASB3104 Entrepreneurship lectures and notes. UWB Bangor. Drucker (1985): Davies, Siwan. (2005) ASB3104 Entrepreneurship lectures and notes. UWB Bangor. Garfield. (1986): Davies, Siwan. (2005) ASB3104 Entrepreneurship lectures and notes. UWB Bangor. Appendices Questionnaire 1 Test for left brain/right brain dominance Mr Robertson answered that the following statements are true I always wear a watch (left brain indicator) I believe there is a right and wrong way to do everything (left brain indicator) I hate following directions (right brain indicator) The expression ?Life is just a bowl of cherries' makes no sense to me (left brain indicator) I find that sticking to a schedule is boring (right brain indicator) I'd rather draw someone a map than tell them how to get there (right brain indicator) If I lost something I'd try to remember where I last saw it (left brain indicator) If I don't know which way to turn I let my emotions guide me (right brain indicator) I'm pretty good at maths (left brain indicator) Some people think I am psychic (right brain indicator) Setting goals for myself keeps me from slacking off (left brain indicator) I'd make a good detective (left brain indicator) When I talk I gesture a lot (right brain indicator) I can tell if someone is guilty just by looking at them (right brain indicator) I feel comfortable expressing myself with words (left brain indicator) I've considered becoming a poet, politician, architect or dancer (right brain indicator) When I'm confused I usually go with my gut instinct (right brain indicator). [...]

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