entrepreneurial mind-set and personal enterprise
1) , Kuratko (2014) examines what he calls the “entrepreneurial mind-set”. Based on Kuratko’s ideas, how would you describe the entrepreneurial mind-set of a person who decides to become an ecopreneur? Expand on this notion by reading Chick (2011) and creating an example of an ecopreneurship. Consider five characteristics that this person should have to be a successful ecopreneur, ranked in order of importance − from the most important to the least important. Explain why you think these particular characteristics would be relevant in this scenario (700 words).
2) Read Rae’s (2007) text on the notion of “personal enterprise” − paying particular attention to the information provided on pp. 45-50. In 700 words, address the following question:
If you decided to become an entrepreneur, how would you apply Rae’s “entrepreneurial learning framework” to your own personal experience? What would be your values, goals and motivations to help develop your confidence to take entrepreneurial action?
Some hints: Highlight the core points of the readings, and reflect on them. When you are ready to write, start by briefly discussing Rae’s framework and then proceed to illustrate them with an example that can be real or fictitious. You do not need to disclose personal information if you do not wish to do so. You can make up a hypothetical example.
Relevant readings are available on vUWS under Readings and Resources:
Chick, Anne (2011) ‘Green entrepreneurship: A sustainable development challenge’, in R. Mellor et al (Eds), Entrepreneurship for Everyone: A Student Textbook, Sage, London, pp139-149.
Kuratko, D (2014), ‘The entrepreneurial mind-set in individuals: Cognition and ethics’, in Entrepreneurship: Theory, Process and Practice 9th edn, South Western Cengage, Mason, US,
Rae, D. (2007) ‘Personal enterprise: Connecting opportunities and personal goals’, in Entrepreneurship: From Opportunity to Action, Palgrave MacMillan, London, pp 40-64