Entrepreneurship: Concepts and Principles 62: Creativity and Entrepreneurial Attitude: Sandra RH Mariano / Feder Veronica Maye r Goals Presents the various concepts of entrepreneurship and show the distribution of e ntrepreneurship across countries, highlighting the position of Brazil in the ran king of entrepreneurship in the world. On completion of this lesson, you should be able to: 1. Conceptualize the term entrepreneurship in economic contexts, psychological, sociological and administration. 2. Knowing the entrepreneurial capacity of the countries. 3. Situating Brazil in the global context of entrepreneurship. Lecture Guide 1. Conceptualizing entrepreneurship 1.1. The view of economists 1.2. Overview of Psychology and Sociology 1.3. Vision Board 2. Entrepreneurship in the world 2.1. Overview Research GEM 2.2. Ranking entrepreneurship 2.3. Entrepreneurship i n Brazil 2.4. Motivations for undertaking Lesson 3 - Entrepreneurship: concepts and principles :: 63 Rwanda Flowers Hutus The most numerous of the three ethnic groups present in Rwanda and Burundi. From the standpoint of language and culture, no different from the second most numer ous ethnic group in those countries, the Tutsis. B eatrice GAKUB is a woman of 51 years, an ethnic Tutsi, born in a distant African country called Rwanda. Maybe you do not remember, but thousands of Roma were massacred in 1994 by Hutus in a bloody stru ggle in which, "in just over three months, died about 800 000 people, including a good part of the family of Beatrice" second Clovis Rossi, who believes this ev ent one of the most horrific genocides of humanity. At the time of the massacre, Beatrice worked as an employee of UNICEF (United Nations Fund for Children) in humanitarian relief activities in poor countries. His academic training in the a rea of field of humanities and languages, including English, French and even Portuguese , enabled them to work in countries like Angola, for example. Over time, she has matured the decision to return to their homeland. And so, after 20 years workin g for the United Nations (UN), Beatrice returned to Rwanda, confirming the popul ar saying that "the good son returns home." Upon returning, she acquired Rwanda Flowers, a small flower shop almost bankrupt, and turned it into an exporter of roses to the Netherlands, which absorbs 90% of its production. Two hundred women work in your company. Beatrice started a training program on plantations for ex port to 40 young survivors of genocide and / or orphans with HIV / AIDS epidemic in Africa. Source: http://www.sxc.hu/photo/870989 64: Creativity and Entrepreneurial Attitude: Sandra RH Mariano / Feder Veronica Maye r When asked if she had repented of having traded a career executive at the UN for micro enterprises in Rwanda, she replied: "No, never. I know there (in Rwanda) I can make a difference. " Source: adaption by the authors of the article "From flowers to Rolex," Clovis R ossi, published in the newspaper Folha de S. Paul, on October 10, 2007. Lesson 3 - Entrepreneurship: concepts and principles :: 65 1. Conceptualizing entrepreneurship What's entrepreneurship in the history of Beatrice? This is a good question to s tart our lesson. Would it not be more convenient for her to continue working at the UN, to retire and enjoy a peaceful old age in a developed country? Or even, given the inner call to return to their land, why is it that she decided to "tak e the hole" a bankrupt company? Why struggle to recover a company rather than co ntinue helping needy people in social and humanitarian? Well, this class will tr y to answer these questions, and our response will be strongly related to entrep reneurship. To be great, be full-exaggerates or delete your Nothing Be Put all i n every thing as you are doing so at least that in every lake the moon shines th roughout, because high living. Fernando Pessoa, under the alias of Ricardo Reis The dictionaries of the Portuguese Language defines the word "take" as the actio n to practice, to implement. It originates from the Latin imprehendere. Already the term "entrepreneurship" seems to have originated from the free translation o f the English language entrepreneurship. Engage us to the phrase "make things ha ppen." Who undertakes is using all its capabilities to accomplish something that has value to society. A society that has many entrepreneurs who are doing thing s, is a movement of wealth generation. Moreover,Âa nation with few entrepreneur s have a very limited capacity to produce goods and services to meet your needs. The act of taking and "be" entrepreneur has gained importance for the economy i n the eighteenth and nineteenth centuries. Economists then, one of the reasons w ere the impetus and strength of entrepreneurs who moved the business forward. 66: Creativity and Entrepreneurial Attitude: Sandra RH Mariano / Feder Veronica Maye r Only in the twentieth century, entrepreneurship has become a topic of academic i nterest and has to be studied systematically. Interest in the topic economists w ho saw the spring in entrepreneurship that pushed the economy to promote innovat ion. Psychologists and sociologists are often interested in studying entrepreneu rship, trying to find the psychological reasons that lead certain people to beha ve and entrepreneurs understand how the social environment could promote the pra ctice and implementation of entrepreneurial actions. Finally, scholars Administr ation became interested in the subject, as the ability to perform, in an innovat ive, new projects became an essential element for the survival of businesses. Fo r Brazilian Professor Fernando Dolabella, a precursor of the teaching of entrepr eneurship in Brazil, there are many definitions of entrepreneur, mainly because they are proposed by researchers from different fields, using the principles of their own areas of interest to build the concept. (...) Economists associated wi th the entrepreneurial innovation, and the behaviorists, who emphasize aspects o f attitudes, with creativity and intuition. Thus, we present the following defin itions that include these different views on entrepreneurship. 1.1. The economists' view The economists were the pioneers in this field of knowledge, focusing on their s tudies, the risks that entrepreneurs take to realize their ideas, its role as in novator, an analysis of market and economic environment surrounding the entrepre neur. The first students of economics, like Richard Cantillon in the eighteenth century, and the Frenchman Jean Baptiste Say, in the nineteenth century, recogni zed the importance of entrepreneurs for the production system. For them, entrepr eneurs had the skills to spot opportunities with every change in market environm ent, and to assume the risks of an enterprise. Therefore, they had an important role in economic development. Lesson 3 - Entrepreneurship: concepts and principles :: 67 According to Say, the entrepreneur is the intermediary between all classes of pr oducers and between them and consumers. Manages the task of production and forms the core of many relationships. Takes advantage of what others know and what th ey ignore, and all the benefits of incidental production. That is why is this ca tegory of producers, when events favor their skills, we acquire almost all the g reat fortunes. Richard Cantillon was the first to differentiate the entrepreneur capitalist. More recently, Robert Young ruled in classification the capitalist entrepreneur and venture capitalists. For Young, there's entrepre neurship in the act of investing in a new venture, as there is no entrepreneuria l investment in a portfolio of stocks in the stock market or a savings account. Partners capitalists are investors who exchange risk by the expectation of highe r return on invested capital. The Austrian economist Joseph Schumpeter is, witho ut doubt, the principal representative of the economic view of entrepreneurship as it gives the entrepreneur the role of constructive creative or destructive, d epending on your point of view. It is he, with his imagination and ability to pe rform, which destroys processes, production patterns, sources of goods and even old industries and replaces them with others of greater efficiency and productiv ity. The action of entrepreneurs a great impact on the economy, while generating progress and development. Schumpeter identified five basic types of innovation that are proposed by enterprising minds: 1. Introduction of a new good - that is , a good that consumers are not yet familiar - or a new quality of goods. For ex ample, the Internet, cell phone, among others. 2. Introduction of a new producti on method, ie a method that has not yet been tested by experience in the manufac turing industry itself that way, must be based upon a discovery scientifically n ew, and can also consist in a new way of managed commercially, a commodity. For example: the production of automobiles, Capitalists Are the shareholders, who finance the venture. Venture capitalists They are capitalists who invest in startup companies or start-up, becoming busin ess associates and running the business risk with the entrepreneurs. 68: Creativity and Entrepreneurial Attitude: Sandra RH Mariano / Feder Veronica Maye r using a production line that moves, while workers remain stuck in their jobs. 3. Exploring a new market, ie a market in which the particular branch of manufactu ring industry in the country concerned has not yet entered, whether that market has existed previously or not. For example: the deployment of the first car fact ory in Brazil in 1950, explored the first time the Brazilian market. 4. Achievem ent of a source of supply of raw materials or semi-manufactured goods, again reg ardless of whether this source already exists or have to be created. For example : Today, the pottery is a material used by the electricity industry after it was discovered their high ability to conduct electrical impulses, known as supercon ductivity. Rather, this material was only used in the production of objects of c lay, bricks etc. 5. Establishing a new organization of any industry, such as cre ating a monopoly or fragmentation of a monopoly position. Schumpeter separates a lso the figure of the entrepreneur that the administrator, noting that an entrep reneur, after presenting and developing an innovation fails to "be" waging when it becomes the administrator of your company. It is true that this view in light of recent studies - which suggest that there may be entrepreneurial within a co mpany (Intrapreneurship) - must be considered carefully. Deal with this issue la ter. 1.2. Overview of Psychology and Sociology The chain consists of the behavioral psychology, in turn, turned his attention t o the study of the individual entrepreneur, and attitudinal aspects of their act ions, habits and activities that characterized. In the late '60s, David McClella nd, a renowned psychologist at Harvard University, conducted research on entrepr eneurship, identifying a strong psychological element that characterized the ent repreneurs to successfully: the "achievement motivation" or a "push for improvem ents." This resulted in an approach to entrepreneurship as a set Lesson 3 - Entrepreneurship: concepts and principles :: 69 behaviors and practices that can be seen and purchased. The behavioral approach to entrepreneurship suggests that such behaviors and practices can be significan tly strengthened in individuals through training. Research over five years by tw o American firms Management Consulting - Management Systems International (MSI) and McBer & Company - for the United States Agency for International Development (USAID) stated that there are ten personal entrepreneurial skills (CPEs) often demonstrated by entrepreneurs successful in several countries surveyed. The ten personal entrepreneurial skills (CPEs) are identified by McClelland: 1. Seeking opportunities and initiative in February. Persistence 3. Accepting ri sks 4. Requirement of efficiency and quality 5. Commitment to the job in June. S etting goals 7. Search for information in August. Systematic planning and monito ring 9. Persuasion and networking 10. Independence and self-confidence In the next lessons we will explore each of these entrepreneurial attitudes. 70: Creativity and Entrepreneurial Attitude: Sandra RH Mariano / Feder Veronica Maye r 1.3. Vision Board From the standpoint of management, entrepreneurship is seen as the ability to ma ke changes and move toward the new. Professor Peter Drucker, a leading professor and researcher in the field of Administration, defined the entrepreneur as a re rum Novarum Cupid - looking forward to new things, which always is looking for c hange, responds to it and exploits it as an opportunity. Creates new and differe nt values, and satisfactions new and different, converting a material into a fea ture, or combining existing resources in new and more productive setting, even i f this may have to resort to violation of basic and well known. ACTIVITY 1. Did Marco Polo, the Genoese navigator who made contact with the West ern China, was an entrepreneur? Or has the entrepreneurial atitute only did this with the Industrial Revolution? Annotated Response I think you should have thought Marco Polo on his way to China in their craft th at in no way resembles the modern boat Parati,Âthat fantastic piece of engineer ing and naval navigation technology that uses browser Brazilian Amir Klink. Cons idering the economic view, we could say that the great navigator Marco Polo took the risk of sailing distant seas and unknown in search of news that would be tr aded Lesson 3 - Entrepreneurship: concepts and principles :: 71 on his return, in a typically enterprising behavior. With this, we realize that the entrepreneurial attitude is a human behavior present at all times. The diffe rence is that in the Industrial Revolution, the entrepreneurial energy has focus ed especially on the production of goods and services. 2. Entrepreneurship in the world Whereas the entrepreneurial capacity of a country is crucial for their developme nt, it is natural that scholars of entrepreneurship are entrepreneurs wanted to measure how countries. In this sense, two important institutions studying this i ssue - Babson College, located just outside of Boston, USA and London Business S chool, located in London, England, decided to establish in 1999 a project called GEM - Global Entrepreneurship Monitor - with the aim of exploring and understan ding the phenomenon of entrepreneurship and its role in development and economic growth of countries. For this, tools were developed to measure the entrepreneur ial activity of the various countries surveyed. The GEM has two definitions for entrepreneurship: â ¢ "Any attempt to create a new business or new venture as, for example, an autonomous activity, a new business or expanding an existing enterp rise, by an individual or groups of individuals incumbents. " â ¢ "Any individual or groups of individuals attempting to create a new business or new venture as, for example, an independent activity or a new company." It is observed therefore that the concept of entrepreneurship to the GEM is quite broad. He does not bin d the action to an entrepreneurial innovation. Simply creating a new development is sufficient to explain entrepreneurship. Furthermore, by including as a resul t of the expansion of entrepreneurship and existing business, to also include en trepreneurship as an agent of the company has already established, the GEM inclu des Intrapreneurship, ie entrepreneurship within companies, as part of the conce ptualization entrepreneurship. The concept of Intrapreneurship will be detailed in an upcoming class. 72: Creativity and Entrepreneurial Attitude: Sandra RH Mariano / Feder Veronica Maye r 2.1. Overview Research GEM The Research GEM (Global Entrepreneurship Monitor) main objective is to estimate the number of individuals involved in entrepreneurial activity at a given momen t in time. Its formulators sought to assess comprehensively the role of entrepre neurship as a driver of economic growth. The primary unit of measure on entrepre neurship in the TEA or the Initial Rate of Entrepreneurs, which is the percentag e of the population that is actively involved in creating new ventures or in fro nt of enterprises with up to 42 months of existence. The survey provides reliabl e data on entrepreneurial activity in Brazil and the other 41 countries surveyed annually. The 42 countries participating in the 2006 cycle of the GEM research together just over two thirds of world population, or 4.6 billion people. The re search is formed by adults, people between 18 and 64 years, totaling 2.7 billion people. The GEM divides the countries surveyed in two groups according to GDP p er capita (considered by purchasing power parity): a. Middle-income countries: G NP per capita less than $ 20,000.00. b. High-income countries: GDP per capita ex ceeding $ 20,000.00. Table 3.1: GEM countries surveyed in 2006, by income groups Middle income countries India Jamaica Peru Philippines Indonesia China Thailand Mexico Brazil Turkey Colombia Uruguay Russia Malaysia 2006 GDP (PPP) per capita 3,546 4,474 4,552 4,956 6,299 8,005 8,212 8,663 8,855 9,032 10,544 10,609 11,912 12,895 high-income Countries Countries Singapore Slovenia Greece Spain Italy UK Germany France Sweden Netherlands Japan Belgium Australia Finland 2006 GDP (PPP ) per capita 23,071 24,422 28,345 29,310 29,705 31,219 31,475 31,545 31,610 31,7 76 31,924 32,609 32,739 32,850 Lesson 3 - Entrepreneurship: concepts and principles :: 73 Croatia Latvia Chile Argentina South Africa Czech Republic Hungary N = 21 12,899 12,933 13,685 13,997 14,211 17,995 19,435 United States Canada Iceland Denmark Ireland Norway United Arab Emirates N = 21 35,166 35,920 37,643 43,356 44,192 44,593 53,448 Average GDP (PPP) per capita in U.S. dollars = 10.367 Average GDP (PPP) per capita in U.S. dollars = 34.139 Source: World Economic Outlook Database (July 2006), http://www.imf.org The data that support the research were collected from samples of the adult popu lation, experts in entrepreneurship, and also in other studies and data availabl e in the countries surveyed. 2.2. Ranking of entrepreneurship Figure 3.1 shows the TEA of the 42 countries surveyed. Peru leads the ranking, w here the initial entrepreneurial activity in 2006 was 40.2 percent. There are gr eat female participation (49% of total activity) in entrepreneurial activities. The Peruvians are very creative and when facing adversity, quickly become involv ed in any entrepreneurial activity to survive because they can not expect govern ment support to help them get jobs or any kind of pension. Chart 3.1: Rate of entrepreneurship in selected countries 45 40 35 30 25 20 15 10 5 0 Belgium (BE) Japan (JP) Sweden (SE) Italy (IT) United Arab Emirates (AE) Germany (DE) France (FR) Slovenia (SI) Singapore (SG) Russia (RU) Finland (FI) Mexico ( MX) Africa South (SA) Denmark (DK) Netherlands (NL) United Kingdom (UK) Hungary (HU) Turkey (TR) Latvia (LV) Canada (CA) Spain (ES) Ireland (IE) Czech Republic (CZ) Greece (GR ) Croatia (HR) Norway (NO) Chile (CL) United States (U.S.) Argen tina (AR) India (IN) Malaysia (MY) Iceland (IS) Brazil (BR) Australia (AU) Urugu ay (UY) Thailand (TH) China (CN) Indonesia (ID) Jamaica (JM) Philippines (PH) Co lombia (CO) Peru (PE) % 74: Creativity and Entrepreneurial Attitude: Sandra RH Mariano / Feder Veronica Maye r Source: http://www.sxc.hu/photo/834078 Explanatory Entrepreneurship in Peru The possibility of a Free Trade Agreement with the United States and other countries led to the promotion of entrepreneurship. Universities, NGOs, private companies , financial institutions, public institutions and the media have been organizing a series of forums, conferences, courses and other activities to stimulate nasc ent ventures. Source: GEM (2006). Multimedia The s annual GEM research is available at www.gembrasil.org.br. See the report and d eepen their knowledge on the subject. Photo: Renata Vittoretti Lesson 3 - Entrepreneurship: concepts and principles :: 75 2.3. Entrepreneurship in Brazil The Initial Rate of Entrepreneurs (TEA) in Brazil in 2006 was 11.7%, remaining v irtually unchanged from the previous year, 11.3%, table, in general, has been re peated since 2001 . Of every 100 Brazilian adults, approximately 11 are developi ng some entrepreneurial activity. The stability of TEA suggests that the dynamic creation of Brazilian business has structural features influenced by the macro and micro economy, its politics and culture. Change this status quo is needed to expand entrepreneurship, especially entrepreneurship by opportunity. It is hope d that with the implementation of major changes, as the new General Law of Micro and Small Enterprise (in force since July 2007, whose main objective is to faci litate the opening of new businesses), the business environment in the country i mproves, attracting new entrepreneurs. The research identified the phenomenon of joint enterprise between the Brazilian adults. The main measure used is the proportion of Brazilians involved in condu cting business. To get to it in 2006, investigators interviewed two thousand ind ividuals, between 18 and 64 years, all Brazilian regions, selected at random-tio n. In comparison with other countries, Brazil is ranked 10th. Source: http://www.sxc.hu/photo/494501 76: Creativity and Entrepreneurial Attitude: Sandra RH Mariano / Feder Veronica Maye r Chart 3.2: Evolution of the Initial Rate of Entrepreneurs (TE) in Brazil - 2001- 2006 25% 14.21% 13.52% 12.89% 13.48% 11.30% 11.65% 0 2001 2002 2003 2004 2005 2006 Source: Survey (2001, 2002, 2003, 2004, 2005, 2006). Explanatory Key findings of GEM The study confirmed some assumptions and challenged preconceived beliefs about the r elationship with the Brazilian business. Confirmed, for example, the fact that w e have a highly entrepreneurial people, either by identifying opportunities or b y the need to survive, but it faces various political and economic barriers to o pen their businesses. Thus, the GEM can confront the common sense that would, in Brazilian culture, a sharp devaluation of entrepreneurship and entrepreneurs. D ifferently, Brazilians value their business and those who lead. And not least, t he annual rounds of the survey show that socioeconomic factors affect occasional cyclical, with greater or lesser degree, the dynamic entrepreneur in several wa ys. Source: GEM Brazil (2006). 2.4. Motivations for undertaking Many people are surprised by the outcome of this research, which indicates that 1 in every 10 Brazilians are undertaking the creation of a business in the last 42 months. Is it really that there is so much Brazilian opening your own busines s? It is important to clarify that since the first time this survey was conducte d, a curious aspect drew the attention of researchers: the existence of a large contingent of people working as autonomous in the informal economy, especially i n countries Lesson 3 - Entrepreneurship: concepts and principles :: 77 development - are peddlers, manicures, peddlers and others who take care of your own business but do not get a job with a formal contract. People in this situat ion are called entrepreneurs by necessity. Figure 3.1: The seller of hats is one example of an entrepreneur. Those who open a business because they see an opportunity to explore an activity are called successful entrepreneurs by opportunity. In this case the individual chooses the path of entrepreneurship by opening your own business, even if info rmal. Possibly, you, you're doing this course will be an opportunity for entrepr eneurs because it is preparing to open his own business someday. To identify the se two types of motivation, GEM research categorizes projects according to two g uidelines: opportunities and the perceived need created by the lack of a satisfa ctory alternative employment and income. The fact is that in middle income count ries and poor countries, the pursuit of economic survival combined with the rela tively poor systems of social insurance and assistance requires huge numbers of workers to take to get their material survival. Therefore, by necessity entrepre neurship is more common in these countries. Source: http://www.sxc.hu/photo/237165 78: Creativity and Entrepreneurial Attitude: Sandra RH Mariano / Feder Veronica Maye r In high-income countries, the opportunity for entrepreneurship is the most commo n and the average of entrepreneurship by chance is 8.9% versus 3.3% in entrepren eurship out of necessity. Brazil is a middle income country. Here the opportunit y for entrepreneurship has remained in the house from 6%, which puts the country in 20th position in the ranking. The need for entrepreneurship has not varied s ignificantly over time and from 5.3% in 2005 to 5.6% in 2006, as presented in th e following figure. In the ranking, Brazil went from 4th to 6th place in the wor ld, is considered the opportunity for entrepreneurship. That is, in Brazil, for each individual who undertakes opportunity exists for another it does by necessi ty. In all countries surveyed, the initial entrepreneurs motivated by opportunit y are the majority. Figure 3.3: Evolution of the rate for Entrepreneurship Motivation in Brazil from 2001 to 2006 25% 8.5% 5.7% 0 2001 Opportunity 7.5% 5.8% 2002 6.8% 5.5% 2003 7.0% 6.2% 2004 6.0% 5.3% 2005 6.0% 5.6% 2006 Need Source: Field Study - GEM Brazil (2001, 2002, 2003, 2004, 2005 and 2006). ACTIVITIES 2. Manuel is a well known plumber in a condominium in the South Zone of Rio de Janeiro. The building to which it serves and has 102 apartments, as it was built in 1973, there is always a leak happening. Every time someone has a p roblem of plumbing, Manuel calls her. One day, the receiver caught the following exchange with the plumber: Lesson 3 - Entrepreneurship: concepts and principles :: 79 80: Creativity and Entrepreneurial Attitude: Sandra RH Mariano / Feder Veronica Maye r Question: Why Manuel has not accepted the job offer? He was not an entrepreneur by necessity? Annotated Response Manuel, though it is autonomous and has a customer service specialist. He has de veloped a way to work independently. He's not a plumber unattended for lack of c hoice, because if it were, would have immediately accepted the invitation and wo uld have the security of formal employment. The fact is that Manuel saw his work in a job opportunity more attractive than a permanent job. So Manuel is an inde pendent entrepreneur who is exploring with the market power of plumbing services . He chose this activity, despite having a job. Soon, he is undertaking because it saw an opportunity, not lack of choice. Manuel is an entrepreneur by chance. 3. Considering the concepts in this class, how do you rank the choices made by B eatrice, the owner of Rwanda Flowers? Lesson 3 - Entrepreneurship: concepts and principles :: 81 Annotated Response She also chose to undertake.ÂIt is an entrepreneurial opportunity for. She seiz ed an opportunity, saw the opportunity to make a profit, generate employment and create wealth through the production of flowers for her, its employees and thei r country. Needed to take the risks inherent in the business and move forward to build a successful company. The case of Beatrice is an example of initiative th at several researchers have suggested as a means of reducing poverty in the worl d. Developing people's ability to wage is one way to go. Therefore, one of the e arliest scholars of entrepreneurship, Professor Jeffrey Timmons, said: "Entrepre neurship is a quiet revolution that will, for the 21st century, more than the In dustrial Revolution was to the 20th century." So too does the Sebrae (Brazilian Service to Support Micro and Small Enterprise) by stating that: Entrepreneurship is not the privilege of private initiative, e ntrepreneurship is the attitude of a people. Sergio Moreira, former president of Sebrae, 2002, quoted in Ruiz. Multimedia P esearch www.casosdesucesso.sebrae.com.br stories on the site of Brazilians who h ave changed their reality from entrepreneurship. 82: Creativity and Entrepreneurial Attitude: Sandra RH Mariano / Feder Veronica Maye r Returning ... specializes in lending money to poor people, a system that became known as micro credit. The Bangladeshi professor Muhammad Yunus was thinking how it could help reduce poverty in Bangladesh and wondered if people who had capital to invest in something that they knew how, could produce and create your own sale. This init iative has changed the lives of many people and became a unique experience to de velop poor places, through the development and financing of entrepreneurial skil ls of people. The bank operates as a private self-sustaining and has generated p rofits in almost every year of its operation, except in the year of its founding and in 1991 and 1992. The Grameen Bank won the Nobel Peace Prize in 2006 along with its founder. T erhaps you have not heard of the Grameen Bank. This bank is different from every one else we know in Brazil. He Make sure that you are able to: â ¢ Define the term entrepreneurship from the economic view. â ¢ Define the term ent repreneurship from the behavioral approach. â ¢ Compare Rate Initial Entrepreneurs (TEA) from Brazil with other countries studied by the GEM research. Lesson 3 - Entrepreneurship: concepts and principles :: 83 References BARBOSA, Fernando Mauro Buleo. Entrepreneurship in Brazil: a study of Brazilian entrepreneurs and their characteristics. 2006. Completion of course work (MBA Sp ecialization in Business Management) - IBMEC, 2006. BRAZIL GEM. Available at: <h ttp://www.gembrasil.org.br> Acesso em: 10 dez. 2007. ROSSI, Clovis. Flowers and Rolex. Folha de S. Paul. São Paulo, 10 out.2007. Sachs, Jeffrey. The cure for p overty. Veja magazine. São Paulo, 6 April 2005. Interview to Veja magazine, edi tion 1899. FILION, L. J. Differences between management systems for entrepreneur s and small business operators. Journal of Business, Sao Paulo, v. 39, n. 4, Oct . / Dec. p. 6-20. 1999. PAIVA JUNIOR, Fernando Gomes de; LAMB, Adriana Tenorio. Entrepreneurship and Entrepreneurship: an analysis of the evolution of studies i n the Brazilian academic production. In: MEETING OF THE NATIONAL ASSOCIATION OF GRADUATE PROGRAMS IN MANAGEMENT (ENANPAD), 26., 2002, Rio de Janeiro. Anais ... Rio de Janeiro: ANPAD, 2002. SEARCH Field: 2001 to 2006. GEM Brazil. Available a t: <http://www.gem brasil.org.br> Acesso em: 10 dez. 2007. URIARTE, Luiz Ricardo . Profile ID Intrapreneurship. Florianópolis, Brazil: UFSC, 2000. Dissertation submitted to the Graduate Program in Production Engineering at UFSC. SEBRAE. Ava ilable at: <http://www.sebrae.com.br>. Accessed: 2 mar. 2005. MUELLER, Mark et a l. Entrepreneurship in Brazil - 2006. Curitiba: IBQP, 2007. 228 p. Available at: <www.gembrasil.org.br>. Acesso em: 10 dez. 2007.