Entrepreneurship in dentistry
| dc.contributor.author | Ntabaye, Moshi K. | |
| dc.date.accessioned | 2020-10-22T05:29:11Z | |
| dc.date.available | 2020-10-22T05:29:11Z | |
| dc.date.issued | 2005 | |
| dc.description.abstract | An entrepreneur An entrepreneur can be defined as someone who innovates, invests and takes risks. Furthermore, an entrepreneur is someone who always searches for change, responds to it and exploits it as an opportunity, or men of action who possess the ability to inspire others and do not accept the boundaries of structured situations 'Entrepreneurship The essence of entrepreneurship lies in the perception and exploitation of new opportunities. It always has to do with bringing about a different use of resources. Entrepreneurship is the process of creating something different with value by devoting the necessary time and efforts, assuming the accompanying financial, psychic, and social risks, and receiving rewards of monetary and personal satisfaction and independence Entrepreneurial behaviour is opportunistic, value-driven, value adding, risk accepting, creative activity where ideas take the form of organizational birth, growth, or transformation. Influences on entrepreneurial behaviour are; psychological explanations, sociological explanations, socio-economic background factors and environment factors. Interaction among the influences on entrepreneurial behaviour result into a need for achievement, that is, the desire to do well for the sake of an inner feeling of personal accomplishment. Locus of control: the extent to which people believe that they control their own destinies On the other hand, according to a psychodynamic model; an entrepreneur is defined as a "devia nt", non conformist person. Assessment of general enterprising tendencies (GET) GET is defined as the extent to which an individual has a tendency to set up and run 48 projects. People with these tendencies, believe that they can act on or interact with their environment, are sensitive to opportunities and needs, they can set goals and make plans to realize ideas, are predisposed to persevere, are self-reliant and maintain their motivation. They take calculated risks to faci litate the implementation of plans. Challenges and Risksfaced by entrepreneurs The challenges faced by entrepreneurs include; uncertainty and sometimes a sense of isolation. Other challenges include: They risk their own money They must find customers to survive They organize their own work Are vulnerable to economic change Have income that varies with market success, Make all the final decisions, Need a wide range of management skills, Handle diverse activities at the same time, Depend on their own ability to market and sell, Work longer hours .... at least at first, and Are open to change as a necessity of existence. Sources of Risks of elltreprelleurs: The sources of risks of entrepreneurs are; lack of experience, unfamiliarity with business know how, imperfect information about markets and lack of funds to buy commodities Self employmellt as a career ill delltistry Employment in the f Olmal sector is limited' It is coupled with low salaries in the formal sector. Other challenges of gove1l1ment employment include being posted to a district/region "you do not like" as well as social obligations, for example marriage, parenting, etc Oppor/ullities./or self employmellt ill delltistry The opportunities for self employment may be; Solo dental practice, Group dental practice, Consultancy, Retail shops for dental materials and equipment and Retail shop for medical supplies Tanzania Dental Journal, Vol. 12 Special Issue November 2005 | en_US |
| dc.identifier.citation | Ntabaye, Moshi K.(2005) Entrepreneurship in dentistry. Tanzanian Dental Association | en_US |
| dc.identifier.uri | https://journals.co.za/content/tandj/12/Special-Issue/AJA08560625_335 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/682 | |
| dc.language.iso | en | en_US |
| dc.publisher | Tanzanian Dental Association | en_US |
| dc.subject | Tanzania | en_US |
| dc.subject | Dentistry | en_US |
| dc.subject | Entrepreneurship | en_US |
| dc.title | Entrepreneurship in dentistry | en_US |
| dc.type | Article | en_US |