ENTREPRENEUR AND ENTREPRENUERSHIP

AN ENTREPRENEUR IS THE AGENT WHO BUYS MEANS OF

PRODUCTON AT CERTAIN PRICES IN ORDER TO COMBINE
THEM INTO A PRODUCT THAT HE IS GOING TO SELL AT
PRICES THAT ARE UNCERTAIN AT THE MOMENT AT WHICH
HE COMMITSHIMSELF TO ITS COSTS
-RICHARD CANTILLON
AN ENTREPRENEUR IS THE AGENT WHO BUYS MEANS OF
PRODUCTON AT CERTAIN PRICES IN ORDER TO COMBINE
THEM INTO A PRODUCT THAT HE IS GOING TO SELL AT
PRICES THAT ARE UNCERTAIN AT THE MOMENT AT WHICH
HE COMMITSHIMSELF TO ITS COSTS
-RICHARD CANTILLON
ENTREPRENEUR IS A PERSON WHO ORGANISES AND
MANAGES A BUSINESS UNDERTAKING, ASSUMING THE RISK
FOR THE SAKE OF PROFIT.
- WEBSTERS DICTIONARY
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NATURE AND SCOPE OF ENTREPRENUERSHIP
PROCESS
PURPOSEFUL ACTIVITY
INDIVIDUAL OR GROUP ACTIVITY
FUTURE ORIENTED ACTIVITY
INNOVATION AND CREATIVITY
PROACTIVENESS
EXPLOITS CHANGE INTO AN OPPORTUNITY
RISK AND REWARDS
ORGANISING ABILITIES
SOCIAL AND ECONOMIC DEVELOPMENT
PROCESS
PURPOSEFUL ACTIVITY
INDIVIDUAL OR GROUP ACTIVITY
FUTURE ORIENTED ACTIVITY
INNOVATION AND CREATIVITY
PROACTIVENESS
EXPLOITS CHANGE INTO AN OPPORTUNITY
RISK AND REWARDS
ORGANISING ABILITIES
SOCIAL AND ECONOMIC DEVELOPMENT
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WHY
ENTREPRENUERSHIP
WHY
ENTREPRENUERSHIP
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CAPITAL FORMATION
IMPROVEMENT IN PER CAPITA INCOME
GENERATION OF EMPLOYMENT
BALANCED REGIONAL DEVELOPMENT
IMPROVEMENT IN LIVING STANDARDS
ECONOMIC INDEPENDENCE
BACKWARD AND FORWARD LINKAGE
INCREASING THE EXPORT TRADE
REDUCTION IN INCOME INEQUALITIES
GOVERNMENT REVENUE
CAPITAL FORMATION
IMPROVEMENT IN PER CAPITA INCOME
GENERATION OF EMPLOYMENT
BALANCED REGIONAL DEVELOPMENT
IMPROVEMENT IN LIVING STANDARDS
ECONOMIC INDEPENDENCE
BACKWARD AND FORWARD LINKAGE
INCREASING THE EXPORT TRADE
REDUCTION IN INCOME INEQUALITIES
GOVERNMENT REVENUE
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FACTORS CONTRIBUTING TO ENTREPRENEURSHIP
DEVELOPMENT IN INDIA
ECONOMIC FACTORS:
GOVERNMENT INCENTIVES
BANK CREDIT
INCREASE IN DEMAND
COMPETITION
INFRASTUCTURE FACILITIES
GROWTH OF VENTURE CAPITALIST
GOVERNMENT INCENTIVES
BANK CREDIT
INCREASE IN DEMAND
COMPETITION
INFRASTUCTURE FACILITIES
GROWTH OF VENTURE CAPITALIST
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FACTORS CONTRIBUTING TO ENTREPRENEURSHIP
DEVELOPMENT IN INDIA (CONTI)
NON-ECONOMIC FACTORS
TRAINING FACILITIES
PROFESSIONALISM IN BUSINESS
SOCIO-CULTURAL FACTORS
SOCIAL SUPPORT FOR NEW VENTURES
REDUCTION IN BUREAUCRATIC FORMALITIES
PERSONAL FACTORS
POLITICAL FACTORS
TRAINING FACILITIES
PROFESSIONALISM IN BUSINESS
SOCIO-CULTURAL FACTORS
SOCIAL SUPPORT FOR NEW VENTURES
REDUCTION IN BUREAUCRATIC FORMALITIES
PERSONAL FACTORS
POLITICAL FACTORS
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CHARACTERISTICS OF AN IDEAL ENTREPRENEUR
NEED TO ACIEVE
STRESS TAKERS
LOCUS OF CONTROL
ANALYTICAL ABILITY OF MIND
LEADERSHIP
TEAM BUILDING
PROBLEM SOLVING
COMMUNICATION ABILITY
RISK TAKING AND DECISION MAKING ABILITY
GOAL ORIENTATION
NEED TO ACIEVE
STRESS TAKERS
LOCUS OF CONTROL
ANALYTICAL ABILITY OF MIND
LEADERSHIP
TEAM BUILDING
PROBLEM SOLVING
COMMUNICATION ABILITY
RISK TAKING AND DECISION MAKING ABILITY
GOAL ORIENTATION
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SKILLS REQUIRED FOR ENTREPRENEURSHIP
TECHNICAL SKILLS
BEHAVIORAL SKILLS
CONCEPTUAL SKILLS
ECONOMIC-BUSINESS SKILLS
IMPLEMENTING SKILLS
STRATEGIC SKILLS
FINANCIAL SKILLS
MARKETING SKILLS
HUMAN RELATION SKILLS
MANANGEMENT SKILLS
COMMUNICATION SKILLS
PROJECT DEVELOPMENT SKILLS
TECHNICAL SKILLS
BEHAVIORAL SKILLS
CONCEPTUAL SKILLS
ECONOMIC-BUSINESS SKILLS
IMPLEMENTING SKILLS
STRATEGIC SKILLS
FINANCIAL SKILLS
MARKETING SKILLS
HUMAN RELATION SKILLS
MANANGEMENT SKILLS
COMMUNICATION SKILLS
PROJECT DEVELOPMENT SKILLS
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BARRIERS TO ENTREPRENEURSHIP
ENVIRONMENTAL BARRIERS ENVIRONMENTAL BARRIERS
RAW MATERIAL
LABOUR
MACHINERY
LAND AND BUILDING
OTHER INFRASTUCTURE REQUIREMENT
FINANCIAL BARRIERS
RAW MATERIAL
LABOUR
MACHINERY
LAND AND BUILDING
OTHER INFRASTUCTURE REQUIREMENT
FINANCIAL BARRIERS
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PERSONAL BARRIERS PERSONAL BARRIERS
LACK OF CONFIDENCE
LACK OF DEPENDABILITY ON OTHERS
LACK OF MOTIVATION
LACK OF PATIENCE
INABILITY TO DREAM
SENSE OF PRIDE/EMBARRASSMENT
LACK OF CONFIDENCE
LACK OF DEPENDABILITY ON OTHERS
LACK OF MOTIVATION
LACK OF PATIENCE
INABILITY TO DREAM
SENSE OF PRIDE/EMBARRASSMENT
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INTRAPRENEUR
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ELEMENTS OR FEATURE OF INTRAPRENUER
EMPHASIS ON R & D
ENCOURAGE EXPERIMENTATION
ACCESS TO ADEQUATE RESOURCES
MULTI DISCIPLINE TEAM APPROACH
LONG TERM HORIZON
EMPHASIS ON R & D
ENCOURAGE EXPERIMENTATION
ACCESS TO ADEQUATE RESOURCES
MULTI DISCIPLINE TEAM APPROACH
LONG TERM HORIZON
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ELEMENTS OR FEATURE OF INTRAPRENUER (CONTI..)
VOLUNTARY SPIRIT
EQUITY IN REWARDS
TRAINING
WHOLE HEARTED SUPPORT BY TOP MANAG
EMENT
OPEN TURF NO OPPORTUNITY PARAMETER
RESTRICTION
VOLUNTARY SPIRIT
EQUITY IN REWARDS
TRAINING
WHOLE HEARTED SUPPORT BY TOP MANAG
EMENT
OPEN TURF NO OPPORTUNITY PARAMETER
RESTRICTION
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CHARACTERISTICS OF INTRAPRENEUR
UNDERSTANDS THE ENVIRONMENT
IS VISIONARY
FLEXIBLE AND CREATES MANAGEMENT OPTIONS
ENCOURAGES TEAMWORK
ENCOURAGES OPEN DISCUSSION
BUILDS A CAOLITION OF SUPPORTERS
PERSISTENCE
INNOVATIVE
UNDERSTANDS THE ENVIRONMENT
IS VISIONARY
FLEXIBLE AND CREATES MANAGEMENT OPTIONS
ENCOURAGES TEAMWORK
ENCOURAGES OPEN DISCUSSION
BUILDS A CAOLITION OF SUPPORTERS
PERSISTENCE
INNOVATIVE
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INTRAPRENEURIAL PROCESS
TOP MANAGEMENT SUPPORT
IDENTIFICATION OF AREAS
USE TECHNOLOGY
INTERESTED MANAGERS TO TRAIN
GETTING CLOSER TO CUSTOMERS
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INTRAPRENEURIAL PROCESS (cont)
MORE PRODUCTIVE
STRONG SUPPORT STRUCTURE STRONG SUPPORT STRUCTURE
REWARDING PERFORMANCE
EVALUATION SYSTEM
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CLASSIFICATION & TYPES OF ENTREPRENEURS
ACCORDING TO THE TYPE OF BUSINESS
BUSINESS
ENTREPRENEURS
TRADING
ENTREPRENEURS
TRADING
ENTREPRENEURS
INDUSTRIAL
ENTREPRENEURS
CORPORATE
ENTREPRENEURS
AGRICULTURAL
ENTREPRENEURS
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ACCORDING TO THE USE OF TECHNOLOGY
TECHNICAL
ENTREPRENEURS
NON-TECHNICAL
ENTREPRENEURS
NON-TECHNICAL
ENTREPRENEURS
PROFESSIONAL
ENTREPRENEURS
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ACCORDING TO MOTIVATION
PURE
ENTREPRENEURS
INDUCED
ENTREPRENEURS
INDUCED
ENTREPRENEURS
MOTIVATED
ENTREPRENEURS
SPONTANEOUS
ENTREPRENEURS
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ACCORDING TO THE STAGES OF DEVELOPMENT
FIRST
GENERATION
ENTREPRENEURS
MODERN
ENTREPRENEURS
CLASSICAL
ENTREPRENEURS
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ACCORDING TO CLARENCE DANHOF
INNOVATIVE
ENTREPRENEURS
ADOPTIVE OR IMITATING
ENTREPRENEURS
ADOPTIVE OR IMITATING
ENTREPRENEURS
FABIAN ENTREPRENEURS
DRONE ENTREPRENEURS
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ACCORDING TO THE CHOSEN PATHS
THE COPYCATS
THE PUBLIC RELATION OFFICER
THE IDEALISTIC THE IDEALISTIC
THE RATIONALIST
THE ZEOLOTS
THE SOLOIST
THE ACCIDENTAL
THE SPIN OFF
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WOMAN ENTREPRENEURS WOMAN ENTREPRENEURS
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THE GOVERNMENT OF INDIA HAS DEFINED WOMEN
ENTREPRENEURS BASED ON WOMEN PARTICIPATION
IN EQUITY AND EMPLOYMENT OF A BUSINESS ENTER
- PRISE. ACCORDINGLY, A WOMEN ENTREPRENEUR IS
DEFINED AS AN ENTERPRISE OWNED & CONTROLLED
BY A WOMEN HAVING A MINIMUM FINANCIAL
INTEREST OF 51% OF THE CAPITAL AND GIVING AT -
LEAST 51% OF THE EMPLOYMENT GENERATED IN THE
ENTERPRISE TO WOMEN
THE GOVERNMENT OF INDIA HAS DEFINED WOMEN
ENTREPRENEURS BASED ON WOMEN PARTICIPATION
IN EQUITY AND EMPLOYMENT OF A BUSINESS ENTER
- PRISE. ACCORDINGLY, A WOMEN ENTREPRENEUR IS
DEFINED AS AN ENTERPRISE OWNED & CONTROLLED
BY A WOMEN HAVING A MINIMUM FINANCIAL
INTEREST OF 51% OF THE CAPITAL AND GIVING AT -
LEAST 51% OF THE EMPLOYMENT GENERATED IN THE
ENTERPRISE TO WOMEN
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FACTORS FAVOURING WOMEN
ENTREPRENEURS
SELF FULFILLMENT MOTIVE
MAINTAINING BALANCE BETWEEN FAMILY
AND BUSINESS
SOCIAL TAKE OFF
SKILLS AT ORGANSING
ECONOMIC EXPRESSION
BRANCHING OUT IN VARIOUS INDUSTRIES
ECONOMIC REFORMS
BREAKING GLASS CEILING
BUSINESS EDUCATION FOR WOMEN
GOVERNMENT SUPPORT
SELF FULFILLMENT MOTIVE
MAINTAINING BALANCE BETWEEN FAMILY
AND BUSINESS
SOCIAL TAKE OFF
SKILLS AT ORGANSING
ECONOMIC EXPRESSION
BRANCHING OUT IN VARIOUS INDUSTRIES
ECONOMIC REFORMS
BREAKING GLASS CEILING
BUSINESS EDUCATION FOR WOMEN
GOVERNMENT SUPPORT
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FACTORS INFLUENCING THE WOMEN
ENTREPRENEURS
PULL FACTORS
PUSH FACTORS
PULL FACTORS
PUSH FACTORS
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PROBLEMS FACED BY WOMAN ENTREPRENEURS
BUSINESS RELATED PROBLEMS
PROBLEM OF FINANCE
MARKETING PROBLEMS
PROBLEMS OF RAW MATERIAL
PROBLEM OF TECHNOLOGY
PROBLEM OF INFRASTUCTURE
LOW LABOUR PRODUCTIVITY
LACK OF PROFESSIONAL MANAGEMENT
PROBLEM OF FINANCE
MARKETING PROBLEMS
PROBLEMS OF RAW MATERIAL
PROBLEM OF TECHNOLOGY
PROBLEM OF INFRASTUCTURE
LOW LABOUR PRODUCTIVITY
LACK OF PROFESSIONAL MANAGEMENT
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GENDER RELATED PROBLEMS
PROBLEM OF DUAL RESPONSIBILITY
LIMITED MOBILITY
PROBLEM OF EDUCATION
MALE DOMINATED BUSINESS COMMUNITY
LOW RISK BEARING ABILITY
PROBLEM OF MANAGING MALE WORKERS
PROBLEM OF DUAL RESPONSIBILITY
LIMITED MOBILITY
PROBLEM OF EDUCATION
MALE DOMINATED BUSINESS COMMUNITY
LOW RISK BEARING ABILITY
PROBLEM OF MANAGING MALE WORKERS
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THEORIES OF ENTREPRENEURSHIP
EARLY THORIES OF ENTREPRENEURSHIP
RICHARD CANTILLON (1725)
VIEWED ENTREPRENEUR AS A RISK TAKER
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ECONOMIC THEORY MARK CASSON
WROTE A BOOK : ENTREPENEURSHIP, AN ECONOMIC
THEORY
VIEWS AN ENTREPRENEUR AS A PERSON WHO
BECOMES AN ENTREPRENEUR BECAUSE OF ECO
NOMIC CONDITIONS
TAXATION POLICY
INDUSTRIAL POLICY
AVAILABILITY OF RAW MATERIALS
ACCESS TO FINANCIAL RESOURCES
AVAILABILITY OF TECHNOLOGY AND
INFRASTRUCTURE
MARKETING OPPORTUNITY
TAXATION POLICY
INDUSTRIAL POLICY
AVAILABILITY OF RAW MATERIALS
ACCESS TO FINANCIAL RESOURCES
AVAILABILITY OF TECHNOLOGY AND
INFRASTRUCTURE
MARKETING OPPORTUNITY
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THEORY OF PROFIT FRANK H. KNIGHT
WROTE A BOOK : RISK, UNCERTAINTY AND
PROFITS
VIEWS AN ENTREPRENEUR AS A RECIPIENT
OF PURE PROFITS
VIEWS AN ENTREPRENEUR AS A RECIPIENT
OF PURE PROFITS
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THEORY OF ENTREPRENEURSHIP - ALFRED MARSHALL
WROTE A BOOK : PRINCIPLES OF ECONOMICS (1890)
FOUR FACTORS OF PRODUCTION
LAND
LABOUR
CAPITAL
ORGANISATION
FOUR FACTORS OF PRODUCTION
LAND
LABOUR
CAPITAL
ORGANISATION
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SOCIOLOGICAL THEORY MAX WEBER
VIEWS AN ENTREPRENEUR IS CREATED BECAUSE
OF SOCIETY
X EFFICIENCY THEORY HARVEY LEIBENSTEIN X EFFICIENCY THEORY HARVEY LEIBENSTEIN
VIEWS AN ENTREPRENEUR AS A GAP FILLER
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INNOVATION THEORY JOSEPH SCHUMPETERS (1949)
VIEWS AN ENTREPRENEUR AS A CHANGE AGENT
CREATES A NEW PRODUCT
INTRODUCES A NEW WAY TO MAKE A PRODUCT
DISCOVERS A NEW MARKET
DISCOVERS A NEW SOURCE OF RAW MATERIAL
CREATES A NEW ORGANISATION STRUCTURE
CREATES A NEW PRODUCT
INTRODUCES A NEW WAY TO MAKE A PRODUCT
DISCOVERS A NEW MARKET
DISCOVERS A NEW SOURCE OF RAW MATERIAL
CREATES A NEW ORGANISATION STRUCTURE
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NEED FOR HIGH ACHIEVEMENT THEORY
DAVID MC CLELLAND
ACHIEVEMENT MOTIVATION (n-ach)
POWER MOTIVATION (n- pow )
AFFILIATION MOTIVATION (n-affil)
THREE TYPES OF MOTIVATIONAL NEEDS
ACHIEVEMENT MOTIVATION (n-ach)
POWER MOTIVATION (n- pow )
AFFILIATION MOTIVATION (n-affil)
VIEWS AN ENTREPRENEUR AS:
PEOPLE WHO DO THINGS IN A BETTER WAY
DECISION MAKING IN UNCERTAINTIES
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