The relation between running a small business and being an entrepreneur
6 important questions on The relation between running a small business and being an entrepreneur
What is the relation between running a small business and being an entrepreneur? (3)
- In small businesses, tight relationship between business and person running the business
- Entrepreneurship: Behavioural versus occupational notion
- Economic roles: Neo-classical, Austrian school, German school
CQ 1: Why is 'Knightian uncertainty' a necessary but not a sufficient condition for entrepreneurship?
CQ 2: Are some people particularly good in recognising entrepreneurial opportunities?
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CQ 3: What factors constitute self-employment?
What is the Knightian premise?
What is the person-job fit theory?
- Proactive personality (highest)
- Shyness (lowest)
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