GSP 111: Introduction to Entrepreneurship I



This module traces the origin of entrepreneurship to the micro-economic thinking of the mid-16th century particularly in the works of Richard Cantilon and Adam Smith. It defines entrepreneurship to generally refer to the process by which business organizations come into being, grown and maintained overtime. It goes further to identify the functions of entrepreneurship particularly its contributions to socio-economic development. Again, it isolates the characteristics of entrepreneurship from its definition as well as the characteristics of an entrepreneur.