Who is an Entrepreneur?

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An Entrepreneur is

A Dreamer An Adventurer A self-confident An Innovator A Clairvoyant A Coordinator A High Achiever A Creative An Organizer
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Attributes of an Entrepreneur
Organization
Urge Skill Vision Growth Management Enterprise Innovation

Risk

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Definition of Entrepreneur

An Entrepreneur is one, who innovates, raises money, and assembles inputs, chooses managers and sets commercial organization going with his ability to identify them and opportunities which others are not able to identify and is able to fulfill such economic opportunities. by Joseph A Schumpeter
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Definition of Entrepreneur

An Entrepreneur is one, who always searches for change, responds to it as an opportunity. Entrepreneurs innovate. Innovation is the specific instrument of entrepreneurship. by Peter Drucker

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Definition of an Entrepreneur

An Entrepreneur is one who is endowed with more than average capacities in the task of organizing and coordinating the various factors of production. He should be a pioneer, a captain of industry. by Walker

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The Entrepreneur

Risk Taker, Self Confident, Optimist Has need for Achievement, for Independence Imaginative, Creative Good Communicator, Administrator & Organizer Emotionally stable, open-minded Technically knowledgeable, Patience, Hard & Energetic worker
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Entrepreneurship

Is the process of creating something new with value by devoting the necessary time and effort, assuming the accompanying financial, psychic and social risks, and receiving the resulting rewards of monetary and personal satisfaction and independence.

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Entrepreneurship

Entrepreneurship is based on purposeful and systematic innovation. It included not only the independent businessman but also company directors and managers who actually carry out innovative functions Schumpeter

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Entrepreneurship

The Entrepreneur is the maestro of the business orchestra, wielding his baton to which the group is playing. Two very important components 1. Innovation 2. Propensity to take calculated risks

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What is Innovation?

Innovation is the creation of better or more effective products, processes, services, technologies or ideas. These should be acceptable to markets, governments and society. Innovation means the use or application of a new idea. Invention means discovery or creation of the idea or method itself.
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Why Innovate?

Innovation is the catalyst to Growth. Continual innovation is paramount for any firm to maintain competitive advantage. Search for better ways to satisfy the consumer base with improved quality, durability, service and price through innovation.

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Need for Entrepreneur Development

GDP growth Employment Generation Balanced Economic Development Enhancement of Standard of Living Small Business Dynamism Innovations in Enterprise
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Chinas example

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