“The existence as well as the quality of institutions is a chief determinant of entrepreneurial activity”. Discuss and describe this statement.
One way to examine theories pertaining to entrepreneurship is with the “Schools of thought” approach that divides entrepreneurship in specific activities.
(i) Discuss and describe the macro view of entrepreneurial thought.
(ii) Discuss and describe the micro-view of entrepreneurship.
(i) Discuss and illustrate the role of national culture in determining the supply of entrepreneurship.
(ii) Discuss and illustrate the relationship between organisational culture and entrepreneurship.
Discuss and illustrate the various models which have been proposed to describe the relationship between an individual’s personal characteristics and subsequent entrepreneurial intentions.