Group 3 – Theories on Entrepreneurship

CREATE A TABLE THAT EXPLAINS THE FOLLOWING THEORIES ON ENTREPRENEURSHIP

a. Innovation Theory
b. Keynesian Theory
c. Alfred Marshall Theory
d. Risk and uncertainty- bearing theory
e. Weber’s sociological theory
f. Kaldor’s technological theory
g. Leibenstein’s gap-filling theory
h. Kirzner’s learning-alertness theory

Group 2 – Entrepreneurship and Ordinary Small Business Activity

CREATE A TABLE THAT SHOWS THE DIFFERENCE BETWEEN Entrepreneurship and an Ordinary Small
Business Activity using the following areas:

a. Motive in opening a business

b. Perception of risk in the business
c. Reaction to changes in the environment
d. View on competition
e. Vision for development and growth
f. Horizon of business operation
g. Sources of business funds

Group 4 – Misconceptions on Entrepreneurship

Research the following misconceptions on Entrepreneurship and give example scenarios.

a. Entrepreneurship applies only to manufacturing businesses

b. Entrepreneurship applies only to small businesses
c. Entrepreneurship applies mostly to persons with good education background in business
concepts.
d. Entrepreneurship applies only to a good economy.
e. Entrepreneurship is simply opening a small business

Group 1 – Importance of Entrepreneurship

Create a list of the importance of Entrepreneurship to the following group:

a. Filipino people
b. Local Community
c. Philippine Economy

Group 5 – Sources of Entrepreneurial Ideas

Explain the following sources of Entrepreneurial ideas

a. Changes in the environment

b. Technological discovery and advancement
c. Government’s thrust, programs and policies
d. People’s interests
e. Past experiences