Fourth Assignment_New Venture Creation_YULL KIM_14210690820

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1、NEWVENTURECREATIONSESSIONFOURTHASSIGNMENTCONTENTS1.Introduction2.Question#13.Question#24.Conclusions5.ReferenceFUDANSCHOOLOFMANAGEMENTINTERNATIONALMBACLASS1YULLKIM14210690820NewVentureCreation_SessionFive_Assignment_YULLKIM`TO:Prof.AlexWangFROM:YULLKIM(14210690820)Date:Dec

2、ember14,2015SUBJECT:Self-AssessmentIntroduction;EntrepreneursIhavewantedtostartmyownbusiness.Ithinkthisunitwillgivemetheopportunitytoconsiderandreflectonthepersonalaspectsinvolvedintransforminganinnovativeideaintoanentrepreneurialproduct.Iwillalsolearnhowtoidentifytherequi

3、rementsforbuildinganappropriateentrepreneurialteam.Thereareliterallydozensanddozensofdifferentdefinitionsoftheentrepreneurandtheconceptofentrepreneurship.Wehaveexplicitlylinkedentrepreneurshiptothecapabilityforexploitingsuccessfullyinnovativeideasinacommerciallycompetitive

4、market.Leavingtoonesidethefactthatindividualsworkinginthepublicandnon-profitsectorscanbeveryenterprising,inhistoricandpolicymakingtermsentrepreneurshipreferstobusinessbehaviorrelatedtoinnovationandgrowth.Forourpurposes,entrepreneursmaybebroadlydefinedaspeoplewhoownandmanag

5、eabusinesswiththeintentionofexpandingthatbusinessbyapplyingsomeformofinnovationandwiththeleadershipandmanagerialcapacityforachievingtheirgoals,generallyinthefaceofstrongcompetitionfromotherfirms,largeandsmall.Therearemanyentrepreneurialleadershiptraits○driveandenergy○self-

6、confidence○highinitiativeandpersonalresponsibility○internallocusofcontrol○toleranceofambiguity○lowfearoffailure○moderaterisktaking○long-terminvolvement○moneyasameasurenotmerelyanend○useoffeedback○continuouspragmaticproblemsolving○useofresources○self-imposedstandards○clearg

7、oalsetting1FUDANInternationalMBANewVentureCreation_SessionFive_Assignment_YULLKIM`Question#1.Whatarethetop3entrepreneurialleadershiptraitsthatyoubelievein?Pleaselisttheminaprioritizedorderandelaborate.1)HighInternalLocusofControlandSelf-ConfidencePerhapsalittlelessfamiliar

8、isthequalitythatsuccessfulsmallbusinessownersaresaidtohave“highinternallocusofcontrol”.Th