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Other definitions of entrepreneurial leadership have also emerged: An entrepreneurial leader will proactively identify opportunities to gain advantage through creativity, innovation and market understanding and then hold themselves responsible for delivering what customers need via the effective management of risk to optimise outcomes for both the organization and the customer.
Entrepreneurial orientation has become one of the most established and researched constructs in the entrepreneurship literature. [ 2 ] [ 3 ] [ 4 ] A general commonality among past conceptualizations of EO is the inclusion of innovativeness , proactiveness , and risk-taking as core defining aspects or dimensions of the orientation.
Closely tied with principles of strategic management, this form of entrepreneurship is "concerned about growth, creating value for customers and subsequently creating wealth for owners". [159] A 2011 article for the Academy of Management provided a three-step, "Input-Process-Output" model of strategic entrepreneurship.
The terms social entrepreneur and social entrepreneurship were used first in the literature in 1953 by H. Bowen in his book Social Responsibilities of the Businessman. [43] The terms came into widespread use in the 1980s and 1990s, promoted by Bill Drayton , [ 44 ] Charles Leadbeater, and others. [ 45 ]
Ecopreneurship is a term coined to represent the process of principles of entrepreneurship being applied to create businesses that solve environmental problems or operate sustainably. The term began to be widely used in the 1990s, and it is otherwise referred to as "environmental entrepreneurship."
Lee's violent death sent shock waves through the world of Big Tech and drew national attention. The case made headlines not only because it involved the killing of a tech entrepreneur but also ...
Major progress on inclusive entrepreneurship has been made through the EU's EQUAL Community Initiative which included a theme on business creation that was taken up in approximately half the EU Member States. This action research has led to the development of a community of practice on inclusive entrepreneurship called COPIE. COPIE was led by ...
Lean startup is a methodology for developing businesses and products that aims to shorten product development cycles and rapidly discover if a proposed business model is viable; this is achieved by adopting a combination of business-hypothesis-driven experimentation, iterative product releases, and validated learning.