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Imitative entrepreneurship involves replicating existing business models, products, or services that have already demonstrated success in the market. Entrepreneurs closely analyze and emulate the strategies, processes, and approaches of established businesses.
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Meaning of Imitative Entrepreneur. Imitative entrepreneurs are one who imitate the idea or concept of existing entrepreneur for setting up their own business venture in same manner. These people do not have their own innovative or unique ideas for establishing ventures but copy the process, methods and technology pioneered by some other people.
THE WORLD’S BEST-SELLING GRAMMAR BOOK A self-study reference and practice book for intermediate learners of English with answers 978 1 316 63174 4 Redman: English Vocabulary in Use pre-int and int Cover C M Y K ... Loading English_Grammar_in_Use_Intermediate_2019_5th-Ed.pdf. Page 1 of 394
In the Schumpeterian model, the innovating entrepreneur plays the key role, with imitators assigned a minor part in the growth process. In contrast, the theory below fo- cuses on the role of imitation-the act of transferring and implement- ing a new technology-in promoting growth.
An imitative entrepreneur is a businessperson who imitates a successful technology or trade. This type of entrepreneur is helpful in low-income and developing countries as they help foster enterprise growth. However, these individuals are also cautious about implementing new technologies and trades.
29 Ιουλ 2020 · In emerging economies, imitation is typically seen as a characteristic of necessity entrepreneurship, where the imitative-replicative character of these businesses is assumed to be driven by the fulfilment of basic needs, social obligations, limited human capital, and a form of fatalism.
