INTRODUCTION TO ENTREPRENEURIAL GROWTH Study entrepreneurial growth by writing an essay. Include in your essay, what is meant by entrepreneurial growth (definition), what type of disadvantages are...

Running Head: ESSAY                                    1
NAME:                             DATE:                    2
Haaga-Helia University of Applied Sciences
INTRODUCTION TO ENTREPRENEURIAL GROWTH
Table of Contents
Introduction    3
Growth from different perspectives    3
Definition of growth    3
Role of digitalization    3
Analysis    4
Disadvantages related to entrepreneurial growth    4
Conclusion    5
References    6
Introduction
Growth has its own components, which are indicators of survival, sustainability, optimisation and facing fierce competition. Risk is another factor, which defines growth, as it is related with opportunity and able to transform the path when it comes to performance. Entrepreneurial growth develops the spirit of taking risks and tapping the opportunities in a variety of circumstances. It ranges from evaluating company culture, creating valuable networks, planning strategically, financial planning to address fiscal issues and changes due to government policies, enhancing skills to working on company’s structure and what not. The entrepreneur needs to be at his toes while keeping long-term purpose of his venture into consideration.
Growth from different perspectives
The perspective of growth is bounded by the myths and evidence generated by the researchers in its regard. It also limits the discussion as policymakers still holds misconceptions about it (Brown, Mawson & Mawson, 2017). Growth can also be seen in light of intervention in ongoing process so that through disruption new opportunities can be created. It considers government and policy options, economic growth and well-beings of people in the society. Growth is introspecting what is need to be changed, to adopt path, which are not easy and requires constant development by gaining knowledge, sharing expertise, researching beneath the myths and finding out the reasons how they developed. It deals with misconceptions and challenging them what is believed to be cannot done.
Definition of growth
Growth in general referred to as gradual increase in size or expansion. As per Michael Gerber, the entrepreneur is a person who can identify opportunities in his surroundings. In general, people are tend to see problems when they look around. Growth is innovation, which is flourishing at the same time (Gupta, Guha & Krishnaswami, 2013). Growth is improving processes so to enhance entrepreneurial activity and their outcomes.
It can also be indicated that business growth is organising plans in terms of quantity, quality and generation of revenue. It means acquiring customers and new markets and offering, which is unique, which never existed or which is a solution to problem, which was much needed.
Role of...