Entrepreneurship. What Have I Learned During The Program And How Can I Essay

Entrepreneurship. What Have I Learned During The Program And How Can I Apply This In My Future Career A Critical Reflection - Essay Example Alongside the development of marketing theory, other parallel streams such as commodity, functional and institutional also experienced tremendous development. The rapid evolution, that took place just after the Second World War further escalated in the 1960s. This time the thrust was mainly on organizational behaviour, behavioural sciences and operational management which also strongly impacted the theories of marketing. The concept of entrepreneurship also evolved during this phase and some of the scholars even deem the evolution of entrepreneurial discipline to be analogous with the theories of marketing (Hultman and Shaw, 2003). It all started with the definition of entrepreneurship provided by Richard Cantillion in the 18th century, where he mentioned an entrepreneur to be an innovator. With the course of time, several other practitioners have portrayed their perception and outlooks about the notion of entrepreneurship. Schumpeter (1934) â€Å"entrepreneur as innovator†, S ay (1845) â€Å"entrepreneur as coordinator†, Kirzner (1973) â€Å"entrepreneur as arbitrator and opportunity-seeker† and Knight (1921) â€Å"entrepreneur as uncertainty reducer† are some of the excerpt of the thoughts presented by the eminent scholars. However, currently the concept of entrepreneurship is widely accepted and is judged as a vital part of the contemporary world and a well established erudite discipline. Moreover, government of a number of countries also judges entrepreneurship as a mantra of success and development of the economy. A number of examples can be traced which prominently showcases, the significant contribution made by entrepreneurs to the economy of a country. The importance increases exponentially when it comes to a developing country (Hills and Hultman, 2011). According to Rae (2007, p.3) an entrepreneur is defined as a person who acts in an enterprising way, and who identifies or creates and acts on an opportunity, for example by s tarting a new business venture. On the other hand, entrepreneurship is defined as a subject of enterprise and entrepreneurs, encompassing the practical and academic knowledge, skills and techniques used in being an entrepreneur. In regards to this context, Lumpkin and Dess (1996) put emphasis on the fact that an entrepreneur can be best judged by comparing the five dimensions namely (1) risk-taking; (2) opportunity oriented; (3) innovativeness; (4) pro-activeness; and (5) autonomy. An average or more than the standard score in these five dimensions greatly augments the possibility of an individual to become an entrepreneur in the near future (Mohanty, 2005; Hills, Hultman, Kraus and Schulte, 2010; Hultman, 1999; Carson, Cromie, McGowan and Hill, 1995). This study is basically intended to critically reflect upon the learning I received from the teachers and trainers. In the course module, we have mainly read about the theories and importance of entrepreneurship and critical evaluatio n of what I have learned during the programme and how can I apply this in my future career. In order to do this analysis, self reflection methodology will be adopted. In this study, I will portray about what I have learned during the entire course and will reflect upon how I can use those learning for my professional career. In this study, I will also develop a career action plan to showcase my future personal development. Self Reflection of Academic and Professional Learning I always have high interest on computers since my childhood days. However, at that time I was completely unaware of the architecture of a computer. In addition, I was also unaware of the strong research and development activities that took place prior to the development of computers;