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Entrepreneurial leadership is (as per Roebuck's definition) "organizing a group of people to achieve a common goal using proactive entrepreneurial behavior by optimising risk, innovating to take advantage of opportunities, taking personal responsibility and managing change within a dynamic environment for the benefit of [an] organisation".
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones.
His article, Prehistoric entrepreneurs: rethinking the definition, [21] and book, THE ENTREPRENEURS, trace entrepreneurial behavior back to hunter-gatherers groups living 9,000 years ago. The emergence of entrepreneurs before any social or political hierarchies has forced a reexamination of what is an entrepreneur and what part they played in ...
Intrapreneurship is the act of behaving like an entrepreneur while working within a large organization. Intrapreneurship is known as the practice of a corporate management style that integrates risk-taking and innovation approaches, as well as the reward and motivational techniques, that are more traditionally thought of as being the province of entrepreneurship.
Entrepreneurial orientation (EO) is a firm-level strategic orientation which captures an organization's strategy-making practices, managerial philosophies, and firm behaviors that are entrepreneurial in nature. [1] Entrepreneurial orientation has become one of the most established and researched constructs in the entrepreneurship literature.
Having adequate human resources is a key factor for entrepreneurial achievements. Combined with leadership, the entrepreneurial network is a social network not only necessary to properly run the business or project, but also to differentiate the business from similar projects.
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Likewise, Zartico CEO Sarah Lehman called the founder-manager dichotomy both wrong and misleading and instead recommended "entrepreneurial leadership"—which emphasizes an "innovative spirit" embedded within "professional management practices"—as an adaptive and tactical approach to transcend the two modes. [44]