Entrepreneurship has been defined as the ability to apply a set of behaviors, attitudes, and skills to a successful business venture (Herrmann, 2010). Lazear (2003) argues that an entrepreneur must be competent in a wide range of skills, rather than a specialist. Research also suggests that the motivation for launching a company is not merely financial, but also emotional (Wadhwa, Aggarwal, Holly, & Salkever, 2009). Gibb (2005) proposes an educational framework of entrepreneurial learning outcomes that identifies 12 key entrepreneurial capacities: opportunity seeking, initiative taking, ownership of a development, commitment to see things through, personal locus of control, intuitive decision making with limited information, networking capacity, strategic thinking, negotiation capacity, selling/persuasive capacity, achievement orientation, and incremental risk taking.
Mark Berkey-Gerard, "From Student Journalists to Local News Entrepreneurs:
A Case Study of Technically Media"
