Expert answer:Pick up a question and answer it in 1~2 pages, man
Answer & Explanation:short answerdb_1.docx
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Chapters 1-3: Select a question from the list below. Cite the question number
(please refrain from restating the question, as we already know what it is), then
give a good answer. Explain your reasoning or provide examples. If you answer
the same as a prior respondent, give a unique rationale. Use original wording.
Avoid copying any material from other sources in lieu of a unique answer, as that
effort merely demonstrates that you know how to copy information. (Instead, we
need evidence of thought.) The minimum length is a measly 125 words, which is
probably attainable almost by accident, so try not to sneeze as you write.
No replies are necessary in concept challenges, but feel free to reply to others
anyway, as often as you like.
1. Joseph Schumpeter described entrepreneurship as creative destruction. People have
argued about what this means. Some people think it means that the
entrepreneurial process is dangerous. What do you think Schumpeter actually
meant by this?
2. Richard Cantillon coined the term entrepreneur in 1755. It means “one who undertakes [something].”
How is this an apt description of the entrepreneurial function? Why do you suppose he chose “undertake,”
rather than some other word?
3. Note how closely in time entrepreneurship and free-market economics (Adam
Smith, 1776) emerged as concepts. Indeed, bothCantillon and Smith were
economists (before there even were economists). What does this say about
entrepreneurship?
4. How is the entrepreneur an inventor? How is the entrepreneur more than an
inventor? What does an inventor need to become an entrepreneur? What kinds
of innovations can an entrepreneur contrive, which simply never occur to an
inventor?
5. Gifford and Elizabeth Pinchot coined the term intrapreneurship in 1978 to describe a
person with entrepreneurial talent who was content to work for someone else.
What quality does an entrepreneur have, which an intrapreneur is lacking?
…
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