This website uses cookies to ensure you have the best experience. Learn more

Creative Writting Essay

2431 words - 10 pages

THE IMPACT OF ENTREPRENEURSHIPON ECONOMIC GROWTHDr. Ercan EKMEKCIOGLUInstitution/Affiliation: Kyrgyzstan Turkey Manas UniversityE-mail: ercan.ekmekcioglu@gmail.comAbstractAccording to Chell & Ozkan, (2010), an entrepreneur is someone who is willing to bear the risk of a business venture where there is a significant chance for making profit. Entrepreneurship is basically the practice of starting a business in order to earn profit on new found opportunities. Entrepreneurship is a challenging task as many businesses which start fail to take off. Entrepreneurship has many uncertainties especially when new products are created for which there is no existing market. Entrepreneurship affects economic growth in various ways. It is through entrepreneurship that important innovations enter the market leading to new products or production process which eventually increases efficiency through bringing competition in the market. This paper discourses the impact of entrepreneurship on economic growth. Ideas and concepts that emerge from entrepreneurs increase our knowledge and what consumers may prefer through introducing variations of existing products and services in the market. This speeds up innovation of new products in the market as a result of the longer working hours and more efficient nature of entrepreneurs as their income is directly linked with their working input. Entrepreneurship leads to introduction of new goods with new quality and value. Their innovativeness introduces new ways of production and new markets that have not been exploited. It is through entrepreneurship that new source of supply are discovered and creation of new business organisations that directly affect the economy. Creation of new business opportunities through entrepreneurship, productivity and innovation leads to economic growth. This therefore means that when there is more entrepreneurship in an economy more growth is expected.Keywords: Entrepreneurship, Economic Growth, Innovativeness1.0 IntroductionThere has been a wealth of knowledge on the determinants of entrepreneurship over the last few decades. Although studies bringing forth this knowledge have rather been based on theoretical grounds, others have been drawn from drawn from empirical evidence. Scholars have also been keen in investigating the impact of entrepreneurship in relation to economic growth which has further led to the explosion of extensive literature in this field (Van Stel, Carree & Thurik, 2005). It important to note that a significant amount of existing literature has been based on the observation of firms, establishments and regions in terms of their economic performance, growth and survival. The facts that can be derived from these studies link economic growth with the size and age of the firm or an establishment. According to Van Stel, Carree and Thurik (2005), newly established firms and very small firms experience systematically faster growth compared to the already established larger...

Find Another Essay On Creative writting

Oscar, the human clone. This was an short story that I attempted to write for my creative writting class

1099 words - 4 pages This was an assignment that we got for our creative writting class. We had to write a little short story from a point of view of an unique character. Any comments/compliments would be appericiated to make this a bit better, thank you.-----------------------------------------------------------It is close to the dawn and I'm standing at the edge of the roof by a white marble statue of an angel. The angel appears to be on his knees looking down

Personal Change-cultural relativity-creative writting Essay

546 words - 2 pages Luis ArmendiaPsychologyPERSONAL CHANGE,By Alain ArmendiaThroughout my short life I've experienced changes in many aspects, looked at life from different perspectives: first as a child, when all I had to do was going to school and playing, well, sometimes cleaning my room too. Then, as you start growing up your interests and your responsibilities start growing also, suddenly your priorities are no longer what they used to, and boom, like out of

Creative writting piece, designed to show a monologuge "Earl's Confesion"

1215 words - 5 pages A dimly lit room in north London, the near futureEarl (28) lives with his twin sister, Rebecca. Although both adults, they regress and behave like children: it is as if the clock stopped for them when they were ten years old. They are like children in a fairy tale: their innocence threatened by an evil world. Earl and Rebecca's mother mysteriously "disappeared" about ten years ago. He has no recollection of his father. The pair have been in their

Description / Observation Paper "A Day at the Races" Creative Writting

600 words - 2 pages Description / Observation Paper"A Day at the Races"Pulling up in my mom's Corolla, I parked the car way out in the back of the parking field. My adrenaline was already pumping. Even from where I was at, I could hear the roar like the yell of a lion. I put on my shades and got out of the car. Walking with a cool stride, I glided over to the main event. What I saw next was extravagant. It reminded me of fire ants hurrying to do their work. Drivers

An Argument Against Pornography by Andrew Bucklin. Creative Writting / Persuasive

1508 words - 6 pages Andrew BucklinEnglish 111Argument PaperDue 3/30/05 It seems as though you can't go anywhere without reading something about or pertaining to sex. It is true that our world does revolve around it to an extent. There is much to debate about this topic and there always will be. Over the years many activist have lined the streets around the country rallying against the distribution and production of pornography. Delegates have formed to write

"God given gifts and talents" narrative creative writting English

2220 words - 9 pages The entire gymnasium was silent. Every single person in the gym was standing at this moment, with his or her eyes fixated on the small, skinny girl, whose figure duplicated that of the microphone she was holding. Hearing her voice reminded me the birds that chirped and sang ever so delightfully to awaken me each and every morning. As I stood on the end line with my team, my eyes scanned the horizon. Seeing the bleachers filled to capacity made me

Harrison -- a short story by Kurt Vonnegut Jr. turned into a screenplay by me -- Great for media class or creative writting class A- paper

1568 words - 6 pages INT. Bergeron Household - Living Room - DayThe living room sees to be typical to an average American household. A nice wooden coffee table in front of a couch and a recliner next to it. In the recliner sits George Bergeron, 47. He is an average "plain" looking man, aside from the black earpiece in his ear and the large sack hanging around his neck. Marked on the sack we see "47 LBS." On the couch is his wife, Hazel Bergeron - again a very plain

To Wordsworth

788 words - 4 pages “alive” until it “died” when he took a government job, Shelley wasn’t the only one disappointed in the change of Wordsworth’s creative nature many modern critics believed that his creative change took place when he no longer had sadness to write about and was placed in a position that no longer required Wordsworth the outlet of true expression despite his writings afterwards and being appointed The Poet Laureate, which he received due to his prior

Magazine Review: Caped Crusader

837 words - 3 pages product which Chee made was QuarkXPress65. QuarkXPress65 begins with features made to give you creative freedom instead of annoying limitation. The next three pages of Caped Crusader, are "News" including information about products, launches,designers and design opportunities. Most of the articles are very informative but there are five small articles which just give the brief idea. The article about IBM aims to link

When the Bubble Burst

1539 words - 6 pages By the time I arrived state side from my second tour in the Middle East the housing bubble had already burst. I noticed a drastic change in the way that many of my friends and family were living. Several of my friends that worked in real estate had sold their boats and seconds houses. My own stock portfolio had lost a third of its value. My sister and her husband had defaulted on their home mortgage leaving them scrambling for a place to live. I

phase diagram

4456 words - 18 pages Introduction: Chemical equilibrium is a crucial topic in Chemistry. To represent and model equilibrium, the thermodynamic concept of Free energy is usually used. For a multi-component system the Gibbs free energy is a function of Pressure, Temperature and quantity (mass, moles) of each component. If one of these parameters is changed, a state change to a more energetically favorable state will occur. This state has the lowest free energy

Similar Essays

Creative Writting Essay

1102 words - 5 pages Susan is a young professional who just had her personal genome sequenced. She now knows she carries the gene for Huntington’s disease. She is agonizing over the decision about sharing this information with others. She doesn’t know what to do or who to tell. So she goes to a doctor to get his opinion on if it would be right or not to let her family or boyfriend know. While she is waiting in the waiting room she is imagining how her life would be

Creative Writting Essay

1024 words - 5 pages Babies by Design Ronald M Green has presented this book well. He has produced helpful and interesting introduction to ethical issues that surround the use of genetic technologies. Some of these issues are; should athletes be allowed to use gene doping and modify there genes so the have an advantage against other players. Should people be allowed to modify their children’s gene so they are tailored in such a way to make them superior? These

Creative Writting Essay

541 words - 2 pages I froze, engulfed by memory. As the translucent blue sky hypnotized me, I felt the red earth crumble underneath my feet. I watched as my feet gently lost grasp of the ground. I was delicately hauled into the sky, my body, weightless. I was now flying. The air around me clutched my body as I soared down. A tingling sensation filled my body, as I scrutinized what was below. I was completely mesmerized by the infinite ocean, swirling and curling

Creative Writting Essay

564 words - 2 pages Ideas I had in mind: travelling, crime, drama, dream place. (Decided to put crime and drama together in some sort of way. My inspiration was provided from watching one of my favourite crime/thriller drama series on Wednesday nights: Nikita. I was uneasy about writing this as was my first creative story I had written in a while so feel like it wasn't constructed well.)From the view of the chasedDIAMONDS AREN'T JUST A GIRLS BEST FRIENDLeaving the