Category: Entrepreneurship

In the history of psychology, the introspective method has long dominated, starting from the idea that humans have direct access to their own presence and reality. By observing knowledge from the perspective of introspection, it can be implied that being aware of yourself can be conceived as an inner look, as an act of self-reflection. After centuries of self-knowledge being the apogee of philosophy, along with the methods of modern psychology, a scientific explanation of this path has surfaced. According to lines traced by Carl Rogers and Abraham Maslow, self-knowledge is an affective and cognitive process that develops with age […]

I want to earn an MBA so that girls in a small town of Rajasthan can get highereducation in an English medium school, so that my family can know the real reasonfor my father’s first business failure, so that I get better at comprehension andapplication, and so that I can discuss ideas with the cre?me de la cre?me. Butimportantly, I want to enroll in an MBA program to think 5 years ahead of my timeand country. Indians set a right time for everything: a right age to complete education, start earningand even marry. Everyone has such a checklist. In my […]

Researchand development (R&D) is a key driver of innovation that responds toeconomic incentives and public policies. The more cutting-edge knowledge isproduced, the more likely it is to spill over into new products and privateR&D activities. In this regard, patents provide a valuable measure of theexploitation of research results and of the inventiveness of countries, regionsand enterprises. Patenting has a strategic role in supporting the Europe 2020strategy. Introducing innovative ideas to the market through patenting helpsimprove the EU’s competitiveness and productivity, which underlie economicgrowth and employment, and brings long-term benefits to the economy at largethrough the wide diffusion of knowledge. Thus,it […]

Entrepreneurship is defined as the ability and the interestto manage, develop and organize a new profitable and rewarding business idea bya person called an entrepreneur whose skills features innovation, motivationand more essentially risk-taking due to the high risk of creating something newsuch as, starting a new business, designing and innovating product or offeringa new service.Over the years, there has been confusions on the differencesbetween entrepreneur and business owner. Entrepreneurship largely involvesputting up a business and assuming all risks. This characteristics makesentrepreneurs similar to business owners. But in addition, entrepreneurs aremore like innovators. JosephSchumpeter, one of the economist, wrote in his […]

The secondlens looks at learning from failure. I will be drawing on the concepts of learning and failure,reflecting on ways I have learned from failure during activities on the moduleand in my own life. There is a lot of literature on entrepreneurship, learningand failure. However, ‘many aspects of entrepreneurial learning remain poorlyunderstood’ (Cope, 2005). One piece of literature is Cope’s (2005) article which ‘maps outand extends current boundaries of thinking regarding how entrepreneurs learn. ‘ In his article, Cope (2005) mentions how ‘research in entrepreneurship has beendominated by the desire to define the entrepreneur through the identification of “entrepreneurial traits”.’ The […]

It was only untilquite recently that I fully comprehended the wider effects of engineering andlearnt to understand another side to it. As Matleena Kniivilä states in’Industrial Development and Economic Growth’, a 20-year gap in the last centuryalone has led to a 20% poverty decline due to rapid increases in industry. Thisstatement taught me to appreciate that engineering is about the utilization ofscarce resources and adapting to our ever-changing society to further enhancethe world we live in, as opposed to simply just building things. It is for thisreason that I find Cornell so fitting; Cornell is an institute that recognizesthe potential […]

Having a strong predilection for mathematics from my elementary school days, I always thought of pursuing a career wherein I get to use and grow my logical skills. And what’s more fitting than the field of Computers. With that notion in mind, I enrolled into a Web Design & Development workshop, introduced by my friend, being held in our city. It taught me the fundamentals of web, mainly HTML/CSS and by the end of the workshop the instructor had us build a website of our own and have it hosted on a free server. Fascinated by the power and reach […]

Studies giving some evidence about the relationship between national cultural values factors and social entrepreneurship, have mostly applied WVS or/and GLOBE as cultural framework in their model (Hechavarría, 2016; Hoogendoorn, 2016; Pathak & Muralidharan, 2016; Stephan et al. , 2015), only one study of Harms and Groen (2017) has used Hofstede’s cultural dimensions, however, this study has not found any direct impact of these aspects on social entrepreneurship. Thus, this study utilizes four basic cultural values from Hofstede’s framework to examine the indirect effect of national cultural values on social entrepreneurship. The research will not include the fifth and the […]

1. INTRODUCTION The Entrepreneur is considered to be as the one which managesplans, organises, and finds out the risk for an enterprise. An entrepreneur thoughcontrols and looks after a business, takes bold steps to establish anundertaking, coordinates the various factors of production and gives it a startup.He is the owner of the business who is contributing the capital and bears therisk of uncertainties in business life he is building up. Entrepreneur is an action–oriented and highly challenging aspect. An entrepreneur has the ability toevaluate business opportunities, to gather the necessary resources to takeadvantage of them, build business and to initiate […]

Before we begin to understand how any industry or company will perform in a country it is imperative that we understand its history, the political, economic and social landscape of the country and try to get a brief understanding of whatever changes that the country holds in its near and distant future. INTRODUCTIONLocated south of Florida, U.S.A one would wonder, what is the cause of such stark differences in the political landscape of the two nations. The first guess obviously would be “the Castro brothers” which might be true, but only to an extent. It would Cuba’s long history of […]