ENTREPRENEURSHIP DEVELOPMENT (1) - Entrepreneur

 

 

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ENTREPRENEURSHIP DEVELOPMENT (1)

 

Entrepreneur 

 

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Entrepreneur :

 
- A person who starts a business and
- is willing to take financial risk
- in order to make Profit
(manager)

 

 

Traits and Skills of Entrepreneurs 

• Hard work

• Optimism

• Innovative skill

• Knowledge

• Communication skill

• Time management

• Stress management

• Motivation

• Decisions making

• Risk bearing capacity

• Self confidence

 

Role of Entrepreneur in Economic Development 

• Generating employment opportunity

• Improve standard of living

• Balanced regional development

• Reduces concentration of economic power

• Encourage effective utilization of capital and natural resources

• Increase GNP and Per Capital Income

 

 

Intrapreneur :

 
An employee within an organisation with entrepreneurial skills who promotes innovative product development and marketing.

Technopreneur :
 

A person who sets up a business concerned with computers or similar technology.
 

Technology + entrepreneurship = technopreneurship

 

 

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