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Book/movie review
22/08/2022
Growing entrepreneurial ventures: Part 1 Drive is a critical trait that any entrepreneur must have in order to be successful. However, drive alone can typically only take one so far. Most generally accept that entrepreneurs need some form of support for their venture, be it financial, advisory, labour, or otherwise, derived from social capital. The question to consider though is that even though many deem support as a requisite to venture success, is it at all possible for a lone entrepreneur to be just as successful as one with support? Though a minority, some businesspersons would agree, saying that going it alone, with limited resources, results in a stronger business venture. These individuals believe that a high level of social capital is not a necessity. Assume, for a moment, that the minoritys perspective is true. If this is so, do the chances for success then increase with the level of social capital or does it matter at all? For this Collaboration, take a position on this debate. Do you agree that support at the country level is a requisite for venture success? To prepare for this Collaboration: Review your Learning Resources with a focus on factors influencing venture growth and social capital. Research examples of entrepreneurial success in emerging markets with and without support garnered from social capital. Reflect on your own perspectives and experiences regarding the value of social capital in business. Identify factors, other than resources, that contribute to entrepreneurial success in emerging markets. Focus on country-level factors. Reflect on the importance of your identified factors. To complete this Collaboration: In a response of approximately 300-500 words, address the following: Evaluate the value of social capital in entrepreneurial success within emerging markets and use this evaluation to support your position in the social capital debate. Evaluate other factors that you would consider key to the success of entrepreneurial ventures in emerging markets. Explain your reasoning and support your evaluation with your researched examples. Analyse methods in which countries can develop a climate of innovation and how these methods also impact an entrepreneurial ventures success. Explain whether this impact affects your original position on whether support is necessary for the success of an entrepreneurial venture in an emerging market. Fully justify all your assumptions and claims using your own experience, the Learning Resources or your own research. Cite your work using the Harvard Referencing System.
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