Entrepreneurship First Chapter Entrepreneurship Basics Contents 1 Entrepreneurship

ﺭﻳﺎﺩﺓ ﺍﻷﻌﻤﺎﻝ Entrepreneurship First Chapter ﺃﺴﺎﺳﻴﺎﺕ ﺭﻳﺎﺩﺓ ﺍﻷﻌﻤﺎﻝ Entrepreneurship Basics

Contents 1. Entrepreneurship growth 2. Definition 3. Entrepreneurship Development 4. Factors supporting Entrepreneurship 5. Benefits of Entrepreneurship 6. Challenges of a Entrepreneurship 2 © ILFEN 2010

Entrepreneurship • Starts at the beginning of this century. • Transfer: Macroeconomics - Microeconomics • Downsizing, outsourcing, Franchising, Re-engineering. • Considering Entrepreneurship benefits • 1990 s: organizations support (government, education, business, Society) • Economy of knowledge 3 © ILFEN 2010

Definition The art and skills of founding a business 4 © ILFEN 2010

Examples Entrepreneurs: • Bill Gates • Jeff Bezos • Steve Jobs • Mark Zuckerberg • Sulaiman Alrajhe 6 © ILFEN 2010

Examples Authors: • Joseph Schumpeter (1950) • Mc. Cleland (1917 -1998) • Steve Mariotti • Robert Hisrich • David Deakins 7 © ILFEN 2010

Development of Entrepreneurship • Factor Affecting Entrepreneurship 1. Culture and Social Value 2. Environment Technology Government Infrastructures 5 © ILFEN 2010 Legislation Education ﻧﻈﺎﻡ ﺍﻟﺘﻌﻠﻴﻢ Family

Benifits Create jobs Independency To be distinguished Social effects Profits Achieve Ambitions 10 © ILFEN 2010

Challenges Full Responsibility Risk Stress 13 © ILFEN 2010 Unstable Income Frustration Long work hours