Important concept in entrepreneurship


According to Deakins, D and Freel,M , 2012, p15 “ A high degree of self-confidence or perceived self-confidence, called self-efficacy has been advocated by some writers as an important concept in entrepreneurship. High self-efficacy in entrepreneurship translates into self-belief in one’s capabilities to mobilize resources, motivate others and produce change (business start-up)”.

Using relevant literature critically analyse this statement and examine the characteristics, traits and qualities an individual needs to become a successful entrepreneur. Use relevant examples.

Please ensure that your assignment follows this structure:

• Introduction – ~200 words

• Literature Review-& Critical Analysis – ~1300 words

• Conclusions – ~200 words

• References

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Business Management: Important concept in entrepreneurship
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