ENTREPRENEURSHIP

Detailed explanation-1: -Is the conceptualization of entrepreneurship at the firm level. All firms fall along a conceptual continuum that ranges from highly conservative to highly entrepreneurial. The position of a firm on this continuum is referred to as its entrepreneurial intensity.

Detailed explanation-2: -Are typically characterized by small organizations that spur economic growth through innovation. These organizations are typically risk takers that identify new ways of doing business.

Detailed explanation-3: -Entrepreneurial Intensity Influencing Factors The regression model’s findings suggest that organizational size, age, and the presence of an institutionalization process are all characteristics that influence entrepreneurial intensity.

Detailed explanation-4: -Definition (1): Entrepreneurial firms are companies that bring new products and services to the market by creating and seizing opportunities. Definition (2): “A firm which undertakes risky ventures and engages in product-market innovation is called an entrepreneurial firm.