Fundamentals of Entrepreneurship- MyAssignmenthelp.com

Question: Write about theFundamentals of Entrepreneurship and Innovation. Answer: Introduction Innovation is required for exploiting a business opportunity and to evaluate whether or not an individual is capable of handling a business (Drucker, 2014). Thus, innovation can be a measuring matrix to assess the entrepreneurship quality in a person (Franke et al., 2013). The prime objective of this business report is to highlight the role of entrepreneurship and innovation in the development of my personal and career path development. Discussion Vision and Opportunity Career and educational goals Firstly, I desire to enroll for the masters degree with the same field from Zayed University, United Arab Emirates. Secondly, I would like to develop the personal branding and University teaching opportunities. Thirdly, I want to engage in consultancy services apart from the teaching opportunities. Purpose,Values and their Mission The purpose of these objectives is to set my career according to by ability and to excel in the field. The value of these goals can be witnessed through my innovative ideas for accomplishing all the gaols. The three question for guiding my goals are- In which field I want to prosper more? How will I prioritise my career goals? What monetary and non-monetary resources are required to fulfill these goals? Current Job Market and Opportunities Firstly, I want to be a tutorial fellow to my assistant lecture so that I can gain all the required skills to become a good lecturer. This also helps me to become a fulltime lecturer of the university. Secondly, I desire to brand myself through participating in academic seminars and research and innovation processes in the field of education. Thirdly, I also intend to collect same wealth from my lectureship for starting my consultancy firm. Marketing and Implementation Strategy Market positioning statement I want to work as one of the lecturer in my field of study. The compelling value is to deliver on the set organizational objectives like- provide the students examination results on time and clearing the syllabus on time. I will also emphasis on sharpening my soft skills like interpersonal skills and time management and this is one of the strategies that is not followed by most of the other UAE students. Risks and Mitigation Key milestones and checkpoints I want to complete my masters within two years after graduating and to enroll project immediately so that I can have longer time with my supervisors. Moreover, I will seek teaching opportunities at mid level colleges right after joining to masters. I will also measure the positive outcome by assessing the positive outcome whether or not I am improving and whether or not my mentors were happy. External factors that might affect the milestone Failures in project are the factors that affect the desired milestone. Contingency and risk mitigation strategies I will want to study all the courses starting from the masters and desire to do a project so that I can learn the concept and implement it side-by-side. Ethics Plan to Practice Ethical Principles To follow the correct instruction for completing the project To be honest with the University instruction for getting a masters degree Six-wWord Memoir I failed, University gave another chance Reference List Courvisanos, J., Mackenzie, S. (2013). Innovation and Entrepreneurship.Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship, 933-943. Drucker, P. (2014).Innovation and entrepreneurship. Routledge. Franke, N., Harhoff, D., Henkel, J., Hussler, C. (2013).Innovation und Entrepreneurship. Springer/Gabler. Galindo, M. A., Mendez, M. T. (2014). Entrepreneurship, economic growth, and innovation: Are feedback effects at work?.Journal of Business Research,67(5), 825-829.