Entrepreneurship at TU München

Flashcards and summaries for Entrepreneurship at the TU München

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Definition of entrepreneurship

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Bad and good about entrepreneurs ?

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Whats bad and good aboout entrepreneurs?
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Schumpeter: " entrepreneurs are the agents of … and the source of … ?

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Strategic goal of traditional manager and entrepreneurial ?

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Success measure: A Manager B Entrepreneur

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Biggest threat. A Manager B E
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Acquisitions: A Manager B Entrepreneur

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Why psychological perspective important ?

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Personality of eeurs?

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Big 5 traits of personality?
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3 basic needs ?

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Exemplary flashcards for Entrepreneurship at the TU München on StudySmarter:

Entrepreneurship

Definition of entrepreneurship
Activity involving: Discovery, evaluation, exploitation of opportunities to create sth new

Entrepreneurship

Bad and good about entrepreneurs ?
- disrupt industries + create industries

Entrepreneurship

Whats bad and good aboout entrepreneurs?
- disrupt industries + create industries

Entrepreneurship

Schumpeter: " entrepreneurs are the agents of … and the source of … ?
agent of change and source of creative destruction.

Entrepreneurship

Strategic goal of traditional manager and entrepreneurial ?
Manager : positional advantage Entrepr. : capturing territory

Entrepreneurship

Success measure: A Manager B Entrepreneur
A Market share B share of opportunity space

Entrepreneurship

Biggest threat. A Manager B E
A within indusrty B Other industries

Entrepreneurship

Acquisitions: A Manager B Entrepreneur
A Within industry B New capabilities

Entrepreneurship

Why psychological perspective important ?
firm is the entrepreneur and vice versa

Entrepreneurship

Personality of eeurs?
1. react in various situations 2. stability over time 3. influenced by genetics, environment childhood 4. managers should undertake entrepreneurial activities

Entrepreneurship

Big 5 traits of personality?
Introversion (reserved, task oriented) vs. Extraversion (energetic) Neuroticism (no selfconfidence) vs. Emotional stable Antagonism (skeptic, unsympathetic) vs. Agreeableness (angenehm, non competitive) Undirectedness (sloppy) vs. conscientousness (vertrauenswürdig) closedneess vs. openess to experience

Entrepreneurship

3 basic needs ?
Achievement autonomy power

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Fertigungstechnologien

WIrtschaftsprivatrecht I

Investitions- und Finanzmanagement: Einführung in Corporate Finance (WI000219)

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