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Briefly explain two schools of thoughts that try to explain the theory behind entrepreneurs.

Briefly explain two schools of thoughts that try to explain the theory behind entrepreneurs.

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Kavungya
Environmental School of thought-Support
Entrepreneurial desires are molded by external factors; positive or negative that affect a
potential entrepreneur’s lifestyle. Institutions and societal values grouped together form an
environmental framework that strongly influences the development of entrepreneurs.

The Entrepreneurial Trait School of thought
By examining the characteristics of successful people, it has been found that they exhibit
similar characteristics. If certain traits associated with successful entrepreneurs are
established and supported early in life, this will lead eventually to entrepreneurial success.
Kavungya answered the question on April 12, 2021 at 05:51

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