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1、NewVentureCreationSESSIONONEASSIGNMENTCONTENTS1.Question#12.Question#2FUDANSCHOOLOFMANAGEMENTINTERNATIONALMBACLASS1YULLKIM14210690820NewVentureCreation_FirstSessionAssignment_YULLKIM`TO:AlexWangFROM:YULLKIM(14210690820)Date:November16,2015SUBJECT:Self-AssessmentQuestion#1.
2、WhyamIinterestedinentrepreneurship?MygoalinthisclassTheterm“entrepreneurship”hasenteredthebusinessvocabularyasthe1980s’equivalentof“professionalism,”themanagerialbuzzwordofthe1970s.Manyindividualsaspiretobeentrepreneurs,enjoyingthefreedom,independenceandwealthsuchacareerse
3、emstosuggest.Andlargercorporationswanttobecomemore“entrepreneurial,”theirshorthandfortheinnovativeandadaptivequalitiestheyseeintheirsmallerandoftenmoresuccessfulcompetitors.Mypurposeinthisclassistoimprovesomelightontheconceptofentrepreneurship.Iwilldefineentrepreneurshipas
4、amanagementprocess,andwilldiscusswhyIbelieveencouragingentrepreneurialbehavioriscriticaltothelong-termvitalityofoureconomy.Finally,Iwillsuggestthatthepracticeofentrepreneurshipisasimportant,ifnotmoreimportanttoestablishedcompaniesasitistostart-ups.IncreasingInterestinEntre
5、preneurshipIhavebeeninterestinandwishedtobecomeasuccessfulentrepreneur.Fromtheclass,NewVentureCreation,IwishIcanimprovemyperspectiveaboutsuccessfulentrepreneuranddevelopmybasicknowledgeofentrepreneurship.Bydoingso,forexample,Iwouldbe…1)Anentrepreneurisapersonwhomanages,sys
6、tematizesandassumestherisksofconductingabusiness.Anentrepreneurcanbedescribedasanagentforchange.Heisapersonwhoiswillingtotakerisksinthepursuitofnewventurestomakeprofits.2)Entrepreneursareinnovatorswhouseaprocessofshatteringthestatusquooftheexistingproductsandservices,toset
7、upnewproducts,newservices.Theprocessoffindinguniquewaysofcombiningandblendingresourcesisbeenknownasentrepreneurship.Ifthe1FUDANInternationalMBANewVentureCreation_FirstSessionAssignment_YULLKIM`marketvaluegeneratedbytheresourcescombinedtogetherisgreaterthanthemarketvalueoft
8、heseresourcesindividually,theentrepreneurgeneratesaprofit.3)Theentrepreneurshipstartswith
