Technoprenuership1 2 Peter Kilby (1983) defined entrepreneurship as a large and important animal, which has been hunted by many individuals using various ingenious trapping devices. All who claim to have caught sight of
him report that he is enormous, but they disagree on his particularities. Not having explored his current habitat with sufficient care, some hunters have used as bait their own favourite dishes and have then tried to persuade people that what they caught was a Heffalump. However, very few are convinced, and the search goes on Professor Jeffrey A. Timmons defines entrepreneurship as “
a human, creative act that builds something of value from practically nothing. It is the pursuit of opportunity regardless of the resources, or lack of resources, at hand. It requires a vision the passion and commitment to lead others in the pursuit of that vision.It also requires a willingness to take calculated risks Whereas management involves the ongoing coordination
of the production process, entrepreneurship is a discontinuous phenomenon, appearing to initiate changes in the production process and then disappearing until it reappears to initiate another change.
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