COMM 320 Lecture Notes - Lecture 1: Global Entrepreneurship Monitor, Graphic.Ly, Psy
5 Dec 2018
School
Department
Course
Professor
Document Summary
Global entrepreneurship monitor (gem): 250 000 million people involved in 59 countries. According to the 2010 gem study, 7. 6% of americans are actively engaged in starting a business or are the owner/manager of a business that is less than three years old. Books amazon. com lists over 35,600 books dealing with entrepreneurship and. College courses: in 1985, there were about 250 entrepreneurship courses offered across all colleges in the united states. One criticism: majority of new businesses fail, at least 1/3 of them do. Entrepreneurship: the process by which individuals pursue opportunities without regard to resources they currently control. Or the art of turning an idea into a business (fred wilson). Explanation of what entrepreneurs do: entrepreneurs assemble and then integrate all the resources needed the money, the people, the business model, the strategy to transform an invention or an idea into a viable business. Corporate entrepreneurship: established firm with an orientation to acting entrepreneurially.
