1 / 7

Promoting Enterprise in Ireland: Opportunities, Benefits, and Innovations

Explore the concept of enterprise in Ireland, the roles of entrepreneurs and intrapreneurs, and the significance of enterprise for economic growth and community development. Discover the factors that encourage entrepreneurship in Ireland and the impact of innovative business ventures on society.

gannon-avila
Download Presentation

Promoting Enterprise in Ireland: Opportunities, Benefits, and Innovations

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. CHAP 3…… ENTERPRISEEnterprise – “is the ability to spot opportunities in the market and produce a product or service to fill a niche in the market.” It involves risk taking, being creative, showing initiative, being flexible and being able to accept any financial or personal failures along the way.

  2. Entrepreneur Is a person who provides the initiative and takes the risks establishing a business? An entrepreneur is innovative and uses society’s needs to create business opportunities in the hope of making a profit.E.G. Richard Branson (Virgin Airlines), Feargal Quinn (Super Quinn), Mairtin O’ Ceide (Aer Arann), Pat McDonagh (Supermacs).

  3. Intrapreneur Is a person who is innovative and enterprising within a business? This person develops new ways of doing things and identifies new opportunities for business development.

  4. Characteristics of enterprising people

  5. Skills of an Enterprising Person

  6. #ENTERPRISE IN IRELAND The following factors have helped to make Irish people more willing to be entrepreneurs • There is now more wealth in this country ?? 2008/09 RECESSION • The educational system is constantly changing, producing young people with the skills needed in a modern world • Emigration has helped to broaden the minds of Irish people to new opportunities & challenges • The banks/building now lend to new businesses to allow them to get of the ground • The govt. helps entrepreneurs to undertake research & establish new projects. This is done through agencies & schemes ie Enterprise Ireland

  7. Importance of enterprise in the community • It creates new business, with increased employment • It brings about an increased standard of living for the community • Local businesses will thrive as workers will have more disposable money • People will then live in the area • Other firms will spend more money on raw materials, services that the area provides • It also bring about increased revenue for the govt from the success of firms, e.g. tax revenue

More Related