For several years now, professors and researchers have been working towards the advancement of entrepreneurship as a viable study and area of expertise. In the textbook "Entrepreneurship: Theory Process Practice", Donald Kuratko examines the evolution of entrepreneurship and explains a comprehensive process of building a business. Today we will be reflecting on Chapter 1: evolutionary development and revolutionary impact.
The first thing I noticed was the depth of information on the subject. It was surprising that such an admittedly new field of study was accompanied by a substantial amount of recorded facts. I also find the contention that the entrepreneurial revolution will be more important than the industrial revolution pretty interesting.
My favorite thing about the text is the extra insights it provides. Besides the main discussions there are additional articles with relevant information. I enjoyed the one speaking on emerging entrepreneurial opportunities; it helps a lot with taking whats written and actually making it useful in your life.
One part in the reading that confused me was the section regarding process approaches. The charts are somewhat abstract and it took a few reading to comprehend the concepts.
I would want to know if/how the author practices entrepreneurship himself. It would certainly change the way he approached writing the textbook. One other question might be what he thinks the negative results of increasing entrepreneur and small-business culture would be.
The only things I disagree with so far are a couple of the "myths" outlined early in the chapter. I do believe entrepreneurship has merit as a focused education, but some things really are innate to a person. Somethings like confidence, risk-taking, and creativity can't be taught or explained enough. I also think that luck is real. With the huge amount of small start ups (especially tech) there has to be a definite amount of luck in getting funded, and hoping your product resonates with your audience.
No comments:
Post a Comment