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CHAPTER 8 ENTREPRENEURIAL STRATEGY & COMPETITIVE DYNAMICS - Coggle…
CHAPTER 8
ENTREPRENEURIAL STRATEGY & COMPETITIVE DYNAMICS
Entrepreneurial Venture to Create New Value
Entrepreneurial Opportunities
Discovery
Evaluation
Entrepreneurial Resources
Financial resources
Human capital
Social capital
Government resources
Entrepreneurial Leadership
Entrepreneurs characteristics
Personality traits/Characteristics for successful entrepreneurial leadership
Vision
Dedication & drive
Commitment to excellence
Entry Strategies
Pioneering new entry
Imitative new entry
Adaptive new entry
Competitive Dynamics
New competitive action
Threat analysis
Motivation & capability to respond
Types of competitive action
Strategic action
Tactical action
Likelihood of competitive reaction
Market dependence
Competitor's resources
Actor's reputation