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© Lee Harvey 2018, 2019, 2024, page updated 8 January, 2024
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Entrepreneurship has been defined as, 'the process
of uncovering and developing an opportunity to create value
through innovation' (NCE, 2003).
This definition of entrepreneurship is useful
for the emphasis it places upon:
- identifying
an opportunity for innovation and change, such as setting
up a new firm, possibly in a niche market not currently
served or served insufficiently;
- creating
a good or service that is valuable (exchangeable for money);
- having,
or developing the capacities (skills, abilities and aptitudes)
necessary for success;
- being
committed to taking up the opening: a form of ‘dispositional
autonomy.
Such a definition allows us to locate entrepreneurs
across all sectors of society, and not just the economy. Ball
(1994) for instance, uses the term ‘policy entrepreneur’ to
refer to a person who identifies and sponsors a development
in social or government policy or service provision. Other
examples are social entrepreneurs and eco-entrepreneurs.
A related concept is that of INTRAPRENEURSHIP.
Put simply, an audit is a review and analysis
of an area of activity, which in this case is a review of current
provision for entrepreneurship within your subject.
Following your review and analysis of the Entrepreneurship
Audit, you are provided with a development priority process
to assist your planning for further development.
The Entrepreneurship
Audit Tool (Entrepreneurship tool.doc) covers two aspects. The first aspect of Entrepreneurship
is personal skills and capabilities. The second aspect concerns
actual curriculum provision and processes. For a complete
overview you need to cover both aspects, though obviously
you need only to do those aspects that are important and/or
necessary for you.
If graduates want to work in such innovative
entrepreneurial or intrapreneurial environments, then it is
important for them to develop and utilise a variety of capabilities,
such as:
- initiative;
- working
independently;
- team
working;
- working
under pressure;
- communication skills,
- time management;
- adaptability;
- attention
to detail;
- taking
responsibility and decisions;
- planning
co-ordinating and organising.
See also Suggested
Entrepreneurship Curriculum Developments
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