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I dont have a paper that is why i am here punctuateter. Above all, it means having the freedom to lead or else than being obliged to follow (p.36). In looking at these definitions it shadow be seen that there are many different types of leadership. Several examples faculty be transformational, charismatic, and entrepreneurial leadership. Entrepreneurial leadership is vital to an individual and to a corporations achievement. Entrepreneurial firms are a major citation of innovation and change. They create jobs, new tax revenues, and other transfers of money. At a time when U.S. productivity growth is lagging behind other countries, and when our hulking corporations are laying off workers and focusing on core businesses, entrepreneurial firms assume a more significant role They do what outsized companies are not doing (Miner, 1997, p.54). Definitions of Entrepreneurial Leadership Stevenson, Roberts, & Grousbeck (as cited in Morris, Avilla, & Allen, 1993) Define entrepreneurship as The process of creating value by bring together a erratic package of resources to exploit an hazard (p.56). Furthermore, (Covin & Slevin, 1989 Miles & Arnold, 1991 Miller & Friesen, 1983) also cited (Morris et al., 1993) The process itself consists of the set of activities necessary to identify an opportunity, develop a business concept, and then pull off and harvest the venture. As a process, it has applicability to organizations of all sizes and types. The entrepreneurship construct has tether underlying dimensions innovativeness, or the development of novel or unique products, operate or processes risk-taking, or willingness to pursue opportunities having a reasonable chance of dearly-won failure and proactiveness, or an emphasis on persistence and creativity in overcoming obstacles until the innovative concept is fully implemented (p.596). Entrepreneurial Leadership indoors Management Success for entrepreneurs requires innovation. There are several ways to fall upon t his according to Drucker 1. Entrepreneurial anxiety first requires that the organization be make receptive to innovation and willing to perceive change as an opportunity rather than a threat. It must be organized to do the life-threatening work of the entrepreneur and create the entrepreneurial climate. 2. It secondly requires systematic cadenceor at least systematic appraisalof a federations performance as entrepreneur and innovator, and built-in learning to emend performance. 3. Thirdly, entrepreneurial management requires specific practices with respect to organization structure, staffing, management compensation, incentives, and rewards (p.33). not only is innovation a key factor in the success of entrepreneurial management but, an important issue that needs to be brought to managements attention individualism and collectivism within the corporation.