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What is Entrepreneurial Activity

Innovation and Social Capital in Organizational Ecosystems
Is nurtured with skills other than those acquired in the formal education system.
Published in Chapter:
Entrepreneurship and Innovation: The Essence of Sustainable, Smart, and Inclusive Economies
Ana Martins (University of Kwazulu-Natal, South Africa), Isabel Martins (University of Kwazulu-Natal, South Africa), and Orlando Petiz Pereira (University of Minho, Portugal)
Copyright: © 2019 |Pages: 24
DOI: 10.4018/978-1-5225-7721-8.ch010
Abstract
The main objective of this chapter focuses on the relationship between entrepreneurship, innovation, and its effects on business sustainability. The authors reflect on the personality traits that are essential for an entrepreneur. Entrepreneurship is a mindset focused on identifying opportunities of economic value and translates into the pursuit of business opportunities through innovation. This perspective underlines the need to develop an individual for the globalized world; this development is the strategic key for economic and social development. The objective of this study is to explore how social capital, which is established between the entrepreneur and other economic role players, both inside and outside the organization, is a determinant for developing the entrepreneurial capacity. However, this depends on the organizational culture to focus on innovation. In this context, entrepreneurship is regarded as “entrepreneurial capital” affording the organization to enhance those skills needed to accomplish organizational sustainability.
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More Results
University-Based Entrepreneurial Ecosystems: Evidence From Technology Transfer Policies and Infrastructure
A process of designing, launching, and running a new business that offers a product, process, or service for sale or hires. Commonly, entrepreneurs involved in an entrepreneurial activity requires support from their environment in terms of financing, advising, selling, among others.
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Women Entrepreneurship in Turkey as an Emerging Economy: Past, Present, and Future
A dynamic process of an entrepreneur, in the quest of generating value through exploration/exploitation of products, processes, or markets.
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Building an Analytics Culture to Boost a Data-Driven Entrepreneur's Business Model
Entrepreneurial activity, as an output of the entrepreneurial ecosystem, is considered the process by which individuals create opportunities for innovation. This innovation will eventually lead to a new value in society and this is, therefore, the ultimate outcome of an entrepreneurial ecosystem while entrepreneurial activity is a more intermediary output of the system. This entrepreneurial activity has many manifestations, such as innovative start-ups, high-growth start-ups, and entrepreneurial employees.
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Is Entrepreneurship a Bio-Social Phenomenon?: The Role of Non-Cognitive Skills and Education
It is the human action aimed at generating added value through creativity, innovation and identification of opportunities. It implies the exploitation of new ideas as well as to plan and to manage projects in order to create value and to achieve the desired goals.
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Entrepreneurship and Big Data
Entrepreneurial activity, as an output of the entrepreneurial ecosystem, is considered the process by which individuals create opportunities for innovation. This innovation will eventually lead to a new value in society and this is, therefore, the ultimate outcome of an entrepreneurial ecosystem while entrepreneurial activity is a more intermediary output of the system. This entrepreneurial activity has many manifestations, such as innovative start-ups, high-growth start-ups, and entrepreneurial employees.
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Lifestyle Entrepreneurs: An Alternative Approach to the Entrepreneurial Activity
It is the human action aimed at generating added value through creativity, innovation and identification of opportunities. It implies the exploitation of new ideas as well as to plan and to manage projects in order to create value and to achieve the desired goals.
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Tapping Rural Women Entrepreneurship Through Self-Help Micro-Credit: Evidence and Lessons From Jammu and Kashmir, India
Entrepreneurial activity is differentiated from the relatively static management. It is concerned with the process of change, emergence, and creation of business activities. Entrepreneurial activities occur within a business context, which is impacted by economic, political, legal, social, cultural, social, and natural settings. In undertaking such entrepreneurial activities, the entrepreneur is endeavoring to create value. Entrepreneurial activity is different from ordinary business activity. Entrepreneurial activities do not limit to new markets or new products alone, but also includes new processes, planned or intended. Entrepreneurial activity includes the entry of new markets, the creation of new products or services, and/or the innovation associated with different business activities. Entrepreneurial activity can therefore be associated with organic as well as acquisitive decisions.
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Leveraging Entrepreneurial Ambition Through Innovative Technologies and Knowledge Transfer Within a National Defense Technological and Industrial Base
An activity that is conceptually related to creative, innovative, and disruptive action conducted towards the creation of new business formation and other activities of social and economic value.
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An Empirical Analysis of the Algerian Entrepreneurship Ecosystem: Entrepreneurship Ecosystem in Algeria
Entrepreneurial activity, as an output of the entrepreneurial ecosystem, is considered the process by which individuals create opportunities for innovation. This innovation will eventually lead to a new value in society, and this is, therefore, the ultimate outcome of an entrepreneurial ecosystem while entrepreneurial activity is a more intermediary output of the system. This entrepreneurial activity has many manifestations, such as innovative start-ups, high-growth start-ups, and entrepreneurial employees.
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Value Creation, Innovation, and Entrepreneurship: Feedback Effects
The life cycle of entrepreneurial ventures (nascent, new business, established business, discontinuation) and their impact (high growth, innovation, internationalization) ( GEM, 2017 ).
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