SlideShare uma empresa Scribd logo
1 de 22
Introduction
to
Entrepreneurship
Md. Umair
Concept of Entrepreneurship
“Entrepreneur is an individual who undertakes to
initiate, maintain or organize a profit oriented business
unit for production or distributions of economic goods
and services”.
“Entrepreneurs are those people who have the ability to see and
evaluate the opportunities , together with necessary resources to
take advantages of them and to initiate appropriate actions to
ensure success”. - International labor organization
Concept of Entrepreneurship
Economic Activity
Creative Activity
Purposeful Activity
Risk Bearing
Organizing Function
Dynamic Activity
CharacteristicsofEntrepreneurship
EvolutionoftheconceptEntrepreneurship
Concept of Entrepreneurship
1. In early 16th century, the Frenchmen who organized and led military
expeditions were referred as‘Entrepreneurs’.
2. Around 1700 A.D. the term was used to architects and contractors of
public works.
3. Quesnay regarded the rich farmers as entrepreneurs who managed
and made their business profitable by intelligence, skill and wealth.
4. The term “entrepreneur’ was applied to business initially by French
economist, Cantillon, in 18th century, to designate a dealer who
purchases the means of production for combining them into
marketable products.
Concept of Entrepreneurship, Entrepreneur and Enterprise.
Entrepreneur Entrepreneurship Enterprise
Person Process in Action Object
In Many countries, the entrepreneur is often associated with a person who starts his
own new and small Business (Various Forms). But not every new and small business is
entrepreneurial or represents entrepreneurship.
Urge
Skill Vision Growth MANAGEMENT
Enterprise
Risk
InnovationORGANIZATION
Growth of Entrepreneurship in India
Vedic period- Handicraft entrepreneurship
British Invasion
Community entrepreneurs
Entrepreneurship post-Independence
Emergence of New Breed of Entrepreneurs
Growth of Entrepreneurship in India
1. Promotes Capital Formation
2. Creates Large-Scale Employment Opportunities
3. Promotes Balanced Regional Development
4. Reduces Concentration of Economic Power
5. Wealth Creation and Distribution
6. Increasing Gross National Product and Per Capita Income
7. Improvement in the Standard of Living
8. Promotes Country's Export Trade
9. Induces Backward and Forward Linkages
10. Facilitates Overall Development
Concept of Intrapreneurship
A person within a large corporation who takes direct
responsibility for turning an idea into a profitable finished
product through assertive risk-taking and innovation.
Solo
Phase
Network
Phase
Boot
Legging
Phase
Formal
Team
Phase
Process of Intrapreneurship
Trait Traditional Managers Entrepreneurs Intrapreneurs
Primary Motive Promotion & other traditional rewards, such
as office, staff and power
Independence, opportunity to
create and make money
Independence & ability to advance
in the corporate organization,
rewards
Time orientation Short term: Meeting quotas & budgets,
weekly, monthly, quarterly and the annual
planning horizon.
Survival and achieving 5 to 10
years growth of business.
Between entrepreneurial and
traditional managers. Depending
on urgency to meet self-imposed &
corporate timetable.
Activity Delegates & supervises more than direct
involvement.
Direct involvement Direct involvement more than
delegation.
Risk Careful Moderate risk taker Moderate risk taker
Status Concerned about status; symbol Not concerned about status
symbol
Not concerned about traditional
status symbol, desires
independence.
Failure & Mistakes Tries to avoid mistakes & Surprises. Deals with mistakes and Failures. Attempts to hide risky projects
from view until ready.
Decisions Usually agrees with those in upper
management positions
Follows dream with decisions Attempts to hide risky projects
from view until ready
Who serves Others. Self & Customers Self, customers and sponsors
Relationship with others Hierarchy as basic relationship Transactional & deal making as
basic relationship
Transaction with in hierarchy.
Comparative Study
Types of Entrepreneurs
According to type of
Business
Traits
Business Entrepreneurs Conceive an idea for a new product or service and then create a
business to materialize their ideas.
Trading Entrepreneur More concerned about trading activity and not manufacturing.
This includes identification of potential markets & stimulation of
demand.
Industrial Entrepreneur Essentially a manufacturer who identifies the potential needs of
the customer and tailors products or services to meet them.
Corporate Entrepreneur Demonstrates his innovative skill in organizing & managing
undertaking.
Agricultural Entrepreneur Undertakes agricultural activities as raising & marketing of crops,
fertilizers & other inputs of agriculture.
Types of Entrepreneurs
Based on Adaptability Traits
Innovative Entrepreneurs Aggressive in experimentation, Very innovative, Show high
tendency of undertaking risk.
Imitative Entrepreneur Not vey innovative, Do not make new products or services, but try
to copy existing with minor variations.
Fabian Entrepreneur Skeptical –Risk averse-Non innovative-Static in nature-No
diversification & Expansion-Highly traditional in nature.
Drone Entrepreneur Refuse to adopt & use opportunities. But they to make changes in
their production methods.
Types of Entrepreneurs
Based on Nature
of economy
Nature of
Economy
Traits
Innovative Developed Aggressive in experimentation, Very innovative,
Show high tendency of undertaking risk.
Imitative
Entrepreneur
Developing Not vey innovative, Do not make new products or
services, but try to copy existing with minor
variations.
Exploitative
Entrepreneur
Under-developed Aggressive profiteer; survives in societies with
high economic disparity, exploits all possibilities
foe personal benefits through enterprises.
Model Any kind of Market Emphasis on the social benefit aspect, spends
profit on unit expansion, goes in for product
diversification & assumes total responsibility for
success & failure.
Types of Entrepreneurs
According to Motivation Traits
Pure Entrepreneurs Motivated by psychological & economic rewards. Under takes
entrepreneurial activity for personal satisfaction in work, ego.
Induced Entrepreneur Under takes entrepreneurial activity due to policy measures of
the government that provides assistance & other benefits.
Motivated Entrepreneur Motivated by the desire for self fulfillment.
Spontaneous Entrepreneur Natural talents.
Knowledge Entrepreneurship
1. Knowledge entrepreneurship describes the ability to recognize or
create an opportunity and take action aimed at realizing the
innovative knowledge practice or product.
2. Knowledge entrepreneurship is different from ‘traditional’
economic entrepreneurship in that it does not aim at the
realization of monetary profit, but focuses on opportunities with
the goal to improve the production (research).
3. It has been argued that knowledge entrepreneurship is the most
suitable form of entrepreneurship for not-for-
profit educators, researchers and educational institutions.
Social Entrepreneurship Social entrepreneurship is the work of social entrepreneurs.
A social entrepreneur recognizes a social problem and uses entrepreneurial
principles to organize, create and manage a venture to achieve social
change (a social venture). While a business entrepreneur typically measures
performance in profit and return, a social entrepreneur focuses on creating
social returns.
Thus, the main aim of social entrepreneurship is to further social and
environmental goals. Social entrepreneurs are most commonly associated with
the voluntary and not-for-profit sectors,[ but this need not preclude making a
profit.
Concept of Women Entrepreneurship
Description Data
Total Population 1080 Million
Women Population 460 Million
Percentage of Total Population 46.5
Women Workforce 140 Million
Percentage of Female population 32.9
Women Entrepreneur 9% of total
Rural-Urban divided 90% (R) 10% (U)
Women Entrepreneurs may be defined as the women or group of women who
initiate, organise and co-operate a business enterprise.
Causes forWomen to become entrepreneurs
[a] Chance entrepreneurs [b] Forced entrepreneurs [c] Created entrepreneurs
The Indian women are no longer treated as show pieces to be kept at home.
Dr. Kiran Mazumdar-Shaw, Chairman & Managing Director of Biocon Ltd., who became India’s
richest woman in 2004, was educated at the Bishop Cotton Girls School and Mount Carmel College
in Bangalore. She founded Biocon India with a capital of Rs.10,000 in her garage in 1978 – the
initial operation was to extract an enzyme from papaya. Her application for loans were turned
down by banks then – on three counts – biotechnology was then a new word, the company lacked
assets, women entrepreneurs were still a rarity. Today, her company is the biggest
biopharmaceutical firm in the country.
Ekta Kapoor, creative head of Balaji Telefilms, is the daughter of Jeetendra and sister of Tushar Kapoor.
She has been synonymous with the rage of soap operas in Indian TV, after her most famous
venture ‘Kyunki Saas Bhi Kabhi Bahu Thi’ which was aired in 2000 on Star plus. Ekta dominates Indian
Television.At the 6th Indian Telly Awards 2006,she bagged the Hall Of Fame award for her
contributions.
Neelam Dhawan, Managing Director, Microsoft India, leads Microsoft India. She is a graduate from St.
Stephens College in 1980,and also passed out from Delhis Faculty Of Management studies in 1982. Then
she was keen on joining FMCG majors like Hindustan Lever and Asian Paints, both companies rejected
Dhawan, as they did not wish to appoint women for marketing and sales.
Naina Lal Kidwai, was the first Indian woman to graduate from Harvard
Business School. Fortune magazine listed Kidwai among the worlds top 50
Corporate Women from 2000 to 2003. According to the Economic times, she
is the first woman to head the operations of a foreign bank in India. ( HSBC)
Indu Jain, the multi-faceted lady used to be the Chairman of the Times Group-The most powerful and
largest Media house India has known. Indu Jain is known by many different identities such as that of
spiritualist,humanist,entrepreneur,an educationalist but most prominently she played the role of the
Chairman of Times Group. Indu Jain is the perfect picture of the successful Indian Woman
entrepreneur.
The Indian women are no longer treated as show pieces to be kept at home.
Simone Tata, has been instrumental in changing a small subsidary of Tata Oil Mills into the largest
cosmetic brand in India – LAKME, synonymous today with Indian Fashion. She became a part of Lakme
during 1961 and has been responsible for turning the company into one of the biggest brands of
fashion in India. At present she is the Chairperson of Trent Limited, a subsidary of Tata Group.
Preetha Reddy, Managing
Director of Apollo
Hospitals, Chennai, one of the
largest healthcare
conglomerates of India, is one
of the pioneer businesswoman
of India in the segment of
Health Care Industry.
Indra Nooyi is an Indian-born American business
executive. She is the current Chairman and Chief
Executive Officer of PepsiCo, the second largest
food & beverage business in the
world. According to Forbes, she is consistently
ranked among World's 100 Most Powerful
Women.
Chanda Kochhar is currently the Managing Director (MD)
of ICICI Bank and Chief Executive Officer (CEO). ICICI Bank
is India's largest private bank and overall second largest bank
in the country.
Problems of Women Entrepreneurs
1. Poor Self-Image
2. Inadequate motivation
3. Role conflict
4. CulturalValues
5. Lack of social acceptance
6. Lack of Knowledge about business opportunities
7. Lack of Managerial Skills
8. Lack of experience or business background
9. Product choice
10. Marketing skills
11. Accounts & Finance
12. Problem solving
13. Life style
Institutions supporting Entrepreneurs
1. Self-Help Group (SGHs)
2. Federation of IndianWomen Entrepreneurs (FIWE)
3. Women’s IndiaTrust (WTI)
4. Small Industries Development Bank of India (SIDBI)
5. Small Industries Development Organization (SIDO)
6. Consortium ofWomen Entrepreneurs of India (CWEI)
7. National Bank for Agriculture and Rural Development (NABARD)
8. Self EmployedWomen'sAssociation (SEWA)
9. Association ofWomen Entrepreneurs of Karnataka (AWAKE)
Entrepreneurial competencies
Ability to control and operate the things in the environment
and the environment itself.
Characteristics or Qualities of an Entrepreneur
1. Objectivity
2. Optimism
3. Seizing Opportunities
4. Open to feedback
5. Attitude towards Money
6. Proactive management
7. Flexible authority relationship
8. Sound decision making ability
9. Good teamWork & Leadership skills
10. Perseverance
11. Self confidence
12. Dedication & Devotion
Functions of Entrepreneurs
1. Innovation
2. Risk taking
3. Organizing building
4. Managing
5. Perceiving market opportunities
6. Managing finance
7. Managing
8. Managing human resources

Mais conteúdo relacionado

Mais procurados

ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT
ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENTENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT
ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENTMathu Shan
 
Entrepreneurial Mindset
Entrepreneurial MindsetEntrepreneurial Mindset
Entrepreneurial MindsetRetno Nindya
 
Entrepreneurship Management
Entrepreneurship ManagementEntrepreneurship Management
Entrepreneurship ManagementKishan Panchal
 
Entrepreneurial mindset
Entrepreneurial mindsetEntrepreneurial mindset
Entrepreneurial mindsetFida Waxir
 
Introduction To Entrepreneurship
Introduction To EntrepreneurshipIntroduction To Entrepreneurship
Introduction To EntrepreneurshipAbhishek Duttagupta
 
Introduction to entrepreneurship
Introduction to entrepreneurshipIntroduction to entrepreneurship
Introduction to entrepreneurshipelijohn639
 
Entrepreneurship vs intrapreneurship
Entrepreneurship vs intrapreneurshipEntrepreneurship vs intrapreneurship
Entrepreneurship vs intrapreneurshipSibasankar Dash
 
Concept of Entrepreneurship
Concept of EntrepreneurshipConcept of Entrepreneurship
Concept of Entrepreneurshipashok kumar
 
IDENTIFICATION OF BUSINESS OPPORTUNITIES
IDENTIFICATION OF BUSINESS OPPORTUNITIESIDENTIFICATION OF BUSINESS OPPORTUNITIES
IDENTIFICATION OF BUSINESS OPPORTUNITIESPankaj Chandel
 
Identifying Business Opportunity
Identifying Business OpportunityIdentifying Business Opportunity
Identifying Business OpportunityTan Denise
 
Introduction to Entrepreneurship
Introduction to EntrepreneurshipIntroduction to Entrepreneurship
Introduction to EntrepreneurshipJeronicaLogan
 
Introduction to entreprenershipunit i to v
Introduction to entreprenershipunit i to vIntroduction to entreprenershipunit i to v
Introduction to entreprenershipunit i to vanandmohandass
 
Introduction to Entrepreneurship (1).pptx
Introduction to Entrepreneurship (1).pptxIntroduction to Entrepreneurship (1).pptx
Introduction to Entrepreneurship (1).pptxAdwaithDinesh2
 

Mais procurados (20)

ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT
ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENTENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT
ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT
 
Entrepreneurial Mindset
Entrepreneurial MindsetEntrepreneurial Mindset
Entrepreneurial Mindset
 
Entrepreneurship Management
Entrepreneurship ManagementEntrepreneurship Management
Entrepreneurship Management
 
Entreprenuership
EntreprenuershipEntreprenuership
Entreprenuership
 
Entrepreneurial mindset
Entrepreneurial mindsetEntrepreneurial mindset
Entrepreneurial mindset
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 
Introduction To Entrepreneurship
Introduction To EntrepreneurshipIntroduction To Entrepreneurship
Introduction To Entrepreneurship
 
Introduction to entrepreneurship
Introduction to entrepreneurshipIntroduction to entrepreneurship
Introduction to entrepreneurship
 
Entrepreneurship vs intrapreneurship
Entrepreneurship vs intrapreneurshipEntrepreneurship vs intrapreneurship
Entrepreneurship vs intrapreneurship
 
Concept of Entrepreneurship
Concept of EntrepreneurshipConcept of Entrepreneurship
Concept of Entrepreneurship
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 
IDENTIFICATION OF BUSINESS OPPORTUNITIES
IDENTIFICATION OF BUSINESS OPPORTUNITIESIDENTIFICATION OF BUSINESS OPPORTUNITIES
IDENTIFICATION OF BUSINESS OPPORTUNITIES
 
Identifying Business Opportunity
Identifying Business OpportunityIdentifying Business Opportunity
Identifying Business Opportunity
 
Theories of-entrepreneurship
Theories of-entrepreneurshipTheories of-entrepreneurship
Theories of-entrepreneurship
 
Introduction to Entrepreneurship
Introduction to EntrepreneurshipIntroduction to Entrepreneurship
Introduction to Entrepreneurship
 
Introduction to entreprenershipunit i to v
Introduction to entreprenershipunit i to vIntroduction to entreprenershipunit i to v
Introduction to entreprenershipunit i to v
 
Theories of entrepreneurship_shriram.dawkhar
Theories of entrepreneurship_shriram.dawkharTheories of entrepreneurship_shriram.dawkhar
Theories of entrepreneurship_shriram.dawkhar
 
Introduction to entrepreneurship
Introduction to entrepreneurshipIntroduction to entrepreneurship
Introduction to entrepreneurship
 
Introduction to Entrepreneurship (1).pptx
Introduction to Entrepreneurship (1).pptxIntroduction to Entrepreneurship (1).pptx
Introduction to Entrepreneurship (1).pptx
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 

Destaque

Women entrepreneurship
Women entrepreneurshipWomen entrepreneurship
Women entrepreneurshipPriya Darshini
 
1 introduction to entrepreneurship
1 introduction to entrepreneurship1 introduction to entrepreneurship
1 introduction to entrepreneurshipAlexey Efimov
 
CIBC Presents Entrepreneurship 101 - Course Introduction 2009/10
CIBC Presents Entrepreneurship 101 - Course Introduction 2009/10CIBC Presents Entrepreneurship 101 - Course Introduction 2009/10
CIBC Presents Entrepreneurship 101 - Course Introduction 2009/10MaRS Discovery District
 
BAEB510 Chapter 1: Introduction to Entrepreneurship
BAEB510 Chapter 1: Introduction to EntrepreneurshipBAEB510 Chapter 1: Introduction to Entrepreneurship
BAEB510 Chapter 1: Introduction to EntrepreneurshipDr Nur Suhaili Ramli
 
Introduction to Entrepreneurship v3, 1st edition
Introduction to Entrepreneurship  v3, 1st editionIntroduction to Entrepreneurship  v3, 1st edition
Introduction to Entrepreneurship v3, 1st editionJorge Saguinsin
 
Introduction to Entrepreneurship , Entrepreneurship in Action, KTH
Introduction to  Entrepreneurship , Entrepreneurship in Action, KTHIntroduction to  Entrepreneurship , Entrepreneurship in Action, KTH
Introduction to Entrepreneurship , Entrepreneurship in Action, KTHSerdar Temiz
 
ENTREPRENEURSHIP- CONCEPT
ENTREPRENEURSHIP- CONCEPTENTREPRENEURSHIP- CONCEPT
ENTREPRENEURSHIP- CONCEPTCHARAK RAY
 
Chapter 1 on Entrepreneurship
Chapter 1 on EntrepreneurshipChapter 1 on Entrepreneurship
Chapter 1 on EntrepreneurshipJaisiimman Sam
 
Basics of entrepreneurship
Basics of entrepreneurshipBasics of entrepreneurship
Basics of entrepreneurshipDivya Pandey
 
Entrepreneurship, introduction to entrepreneurship, definition of entrepreneu...
Entrepreneurship, introduction to entrepreneurship, definition of entrepreneu...Entrepreneurship, introduction to entrepreneurship, definition of entrepreneu...
Entrepreneurship, introduction to entrepreneurship, definition of entrepreneu...Jorge Saguinsin
 

Destaque (12)

Women entrepreneurship
Women entrepreneurshipWomen entrepreneurship
Women entrepreneurship
 
1 introduction to entrepreneurship
1 introduction to entrepreneurship1 introduction to entrepreneurship
1 introduction to entrepreneurship
 
CIBC Presents Entrepreneurship 101 - Course Introduction 2009/10
CIBC Presents Entrepreneurship 101 - Course Introduction 2009/10CIBC Presents Entrepreneurship 101 - Course Introduction 2009/10
CIBC Presents Entrepreneurship 101 - Course Introduction 2009/10
 
BAEB510 Chapter 1: Introduction to Entrepreneurship
BAEB510 Chapter 1: Introduction to EntrepreneurshipBAEB510 Chapter 1: Introduction to Entrepreneurship
BAEB510 Chapter 1: Introduction to Entrepreneurship
 
Introduction to Entrepreneurship v3, 1st edition
Introduction to Entrepreneurship  v3, 1st editionIntroduction to Entrepreneurship  v3, 1st edition
Introduction to Entrepreneurship v3, 1st edition
 
Introduction to Entrepreneurship , Entrepreneurship in Action, KTH
Introduction to  Entrepreneurship , Entrepreneurship in Action, KTHIntroduction to  Entrepreneurship , Entrepreneurship in Action, KTH
Introduction to Entrepreneurship , Entrepreneurship in Action, KTH
 
ENTERPRENEURSHIP
ENTERPRENEURSHIPENTERPRENEURSHIP
ENTERPRENEURSHIP
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 
ENTREPRENEURSHIP- CONCEPT
ENTREPRENEURSHIP- CONCEPTENTREPRENEURSHIP- CONCEPT
ENTREPRENEURSHIP- CONCEPT
 
Chapter 1 on Entrepreneurship
Chapter 1 on EntrepreneurshipChapter 1 on Entrepreneurship
Chapter 1 on Entrepreneurship
 
Basics of entrepreneurship
Basics of entrepreneurshipBasics of entrepreneurship
Basics of entrepreneurship
 
Entrepreneurship, introduction to entrepreneurship, definition of entrepreneu...
Entrepreneurship, introduction to entrepreneurship, definition of entrepreneu...Entrepreneurship, introduction to entrepreneurship, definition of entrepreneu...
Entrepreneurship, introduction to entrepreneurship, definition of entrepreneu...
 

Semelhante a Introduction Entrepreneurship

Ppt entrepreneurshippowerpointslide 140307085907-phpapp02
Ppt entrepreneurshippowerpointslide 140307085907-phpapp02Ppt entrepreneurshippowerpointslide 140307085907-phpapp02
Ppt entrepreneurshippowerpointslide 140307085907-phpapp02AnupamTiwari53
 
Topic 1 Introduction to Entrepreneurship
Topic 1 Introduction to EntrepreneurshipTopic 1 Introduction to Entrepreneurship
Topic 1 Introduction to Entrepreneurshipshatiskumarganasan
 
INTRODUCTION TO ENTREPRENEURSHIP AND ITS SCOPE.ppt
INTRODUCTION TO ENTREPRENEURSHIP AND ITS SCOPE.pptINTRODUCTION TO ENTREPRENEURSHIP AND ITS SCOPE.ppt
INTRODUCTION TO ENTREPRENEURSHIP AND ITS SCOPE.pptCleofeMaghinay3
 
INTRODUCTION TO ENTREPRENEURSHIP.ppt
INTRODUCTION TO ENTREPRENEURSHIP.pptINTRODUCTION TO ENTREPRENEURSHIP.ppt
INTRODUCTION TO ENTREPRENEURSHIP.pptSarvjeetSingh906154
 
Introduction to entrepreneurship
Introduction to entrepreneurshipIntroduction to entrepreneurship
Introduction to entrepreneurshipOlwenda
 
_Entrepreneurship Development.pdf
_Entrepreneurship Development.pdf_Entrepreneurship Development.pdf
_Entrepreneurship Development.pdfSudeepGnyawali
 
Entrepreneurship 4 semester muj notes
Entrepreneurship 4 semester muj notesEntrepreneurship 4 semester muj notes
Entrepreneurship 4 semester muj notessachin kumar sharma
 
1. entrepreneurship
1. entrepreneurship1. entrepreneurship
1. entrepreneurshipishwar kumar
 
ENTREPRENEUR PPT.pptx
ENTREPRENEUR PPT.pptxENTREPRENEUR PPT.pptx
ENTREPRENEUR PPT.pptxsaiproject
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurshipdeepu2000
 
Types of Entrepreneurs and factors affecting entrepreneurial growth.pptx
Types of Entrepreneurs and factors affecting entrepreneurial growth.pptxTypes of Entrepreneurs and factors affecting entrepreneurial growth.pptx
Types of Entrepreneurs and factors affecting entrepreneurial growth.pptxShifanKPhoulad1
 
Unit 1 Introduction to Entrepreneurship.pptx
Unit 1 Introduction to Entrepreneurship.pptxUnit 1 Introduction to Entrepreneurship.pptx
Unit 1 Introduction to Entrepreneurship.pptxbinodjaishi1
 
Enterpreneurship development by_pawan_tripathi_2014_09_14_10_41_17_775
Enterpreneurship development by_pawan_tripathi_2014_09_14_10_41_17_775Enterpreneurship development by_pawan_tripathi_2014_09_14_10_41_17_775
Enterpreneurship development by_pawan_tripathi_2014_09_14_10_41_17_775Pawan Tripathi
 

Semelhante a Introduction Entrepreneurship (20)

Fundamentals of Entrepreneurship
Fundamentals of Entrepreneurship  Fundamentals of Entrepreneurship
Fundamentals of Entrepreneurship
 
Ppt entrepreneurshippowerpointslide 140307085907-phpapp02
Ppt entrepreneurshippowerpointslide 140307085907-phpapp02Ppt entrepreneurshippowerpointslide 140307085907-phpapp02
Ppt entrepreneurshippowerpointslide 140307085907-phpapp02
 
Topic 1 Introduction to Entrepreneurship
Topic 1 Introduction to EntrepreneurshipTopic 1 Introduction to Entrepreneurship
Topic 1 Introduction to Entrepreneurship
 
Entrepreneurship Development
Entrepreneurship DevelopmentEntrepreneurship Development
Entrepreneurship Development
 
INTRODUCTION TO ENTREPRENEURSHIP AND ITS SCOPE.ppt
INTRODUCTION TO ENTREPRENEURSHIP AND ITS SCOPE.pptINTRODUCTION TO ENTREPRENEURSHIP AND ITS SCOPE.ppt
INTRODUCTION TO ENTREPRENEURSHIP AND ITS SCOPE.ppt
 
INTRODUCTION TO ENTREPRENEURSHIP.ppt
INTRODUCTION TO ENTREPRENEURSHIP.pptINTRODUCTION TO ENTREPRENEURSHIP.ppt
INTRODUCTION TO ENTREPRENEURSHIP.ppt
 
Introduction to entrepreneurship
Introduction to entrepreneurshipIntroduction to entrepreneurship
Introduction to entrepreneurship
 
_Entrepreneurship Development.pdf
_Entrepreneurship Development.pdf_Entrepreneurship Development.pdf
_Entrepreneurship Development.pdf
 
Entrepreneurship 4 semester muj notes
Entrepreneurship 4 semester muj notesEntrepreneurship 4 semester muj notes
Entrepreneurship 4 semester muj notes
 
1. entrepreneurship
1. entrepreneurship1. entrepreneurship
1. entrepreneurship
 
ENTREPRENEUR PPT.pptx
ENTREPRENEUR PPT.pptxENTREPRENEUR PPT.pptx
ENTREPRENEUR PPT.pptx
 
Entrepreneurship and Small Business Management
Entrepreneurship and Small Business ManagementEntrepreneurship and Small Business Management
Entrepreneurship and Small Business Management
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 
gfgc Entrepreneural development programme
gfgc Entrepreneural development programmegfgc Entrepreneural development programme
gfgc Entrepreneural development programme
 
Types of Entrepreneurs and factors affecting entrepreneurial growth.pptx
Types of Entrepreneurs and factors affecting entrepreneurial growth.pptxTypes of Entrepreneurs and factors affecting entrepreneurial growth.pptx
Types of Entrepreneurs and factors affecting entrepreneurial growth.pptx
 
Unit 1 Introduction to Entrepreneurship.pptx
Unit 1 Introduction to Entrepreneurship.pptxUnit 1 Introduction to Entrepreneurship.pptx
Unit 1 Introduction to Entrepreneurship.pptx
 
Anjotpal Nayan sharma
 Anjotpal Nayan sharma  Anjotpal Nayan sharma
Anjotpal Nayan sharma
 
ENT.pptx
ENT.pptxENT.pptx
ENT.pptx
 
Enterpreneurship development by_pawan_tripathi_2014_09_14_10_41_17_775
Enterpreneurship development by_pawan_tripathi_2014_09_14_10_41_17_775Enterpreneurship development by_pawan_tripathi_2014_09_14_10_41_17_775
Enterpreneurship development by_pawan_tripathi_2014_09_14_10_41_17_775
 
Entrepreneurship
EntrepreneurshipEntrepreneurship
Entrepreneurship
 

Mais de Mohammed Umair

Introduction to Marketing
Introduction to MarketingIntroduction to Marketing
Introduction to MarketingMohammed Umair
 
Introduction to retialing
Introduction to retialingIntroduction to retialing
Introduction to retialingMohammed Umair
 
International financial managment
International financial managmentInternational financial managment
International financial managmentMohammed Umair
 
Fundamentals of Accounting
Fundamentals of AccountingFundamentals of Accounting
Fundamentals of AccountingMohammed Umair
 
Overview of capital markets
Overview of capital marketsOverview of capital markets
Overview of capital marketsMohammed Umair
 
Introduction to Human Resource Development
Introduction to Human Resource DevelopmentIntroduction to Human Resource Development
Introduction to Human Resource DevelopmentMohammed Umair
 
Introduction to Human Resource Management
Introduction to Human Resource ManagementIntroduction to Human Resource Management
Introduction to Human Resource ManagementMohammed Umair
 
Human Resource Planning
Human Resource PlanningHuman Resource Planning
Human Resource PlanningMohammed Umair
 
Training & development
Training & developmentTraining & development
Training & developmentMohammed Umair
 
Introduction to investments
Introduction to investmentsIntroduction to investments
Introduction to investmentsMohammed Umair
 
Fundamental analysis and technical analysis
Fundamental analysis and technical analysisFundamental analysis and technical analysis
Fundamental analysis and technical analysisMohammed Umair
 
Deductions from gross total income
Deductions from gross total incomeDeductions from gross total income
Deductions from gross total incomeMohammed Umair
 
Eating non veg permitted or prohibitted
Eating non veg permitted or prohibittedEating non veg permitted or prohibitted
Eating non veg permitted or prohibittedMohammed Umair
 
Income from business and profession
Income from business and professionIncome from business and profession
Income from business and professionMohammed Umair
 

Mais de Mohammed Umair (20)

Financial Markets
Financial MarketsFinancial Markets
Financial Markets
 
Introduction to Marketing
Introduction to MarketingIntroduction to Marketing
Introduction to Marketing
 
Introduction to retialing
Introduction to retialingIntroduction to retialing
Introduction to retialing
 
International financial managment
International financial managmentInternational financial managment
International financial managment
 
Women in business
Women in businessWomen in business
Women in business
 
Fundamentals of Accounting
Fundamentals of AccountingFundamentals of Accounting
Fundamentals of Accounting
 
Overview of capital markets
Overview of capital marketsOverview of capital markets
Overview of capital markets
 
Introduction to Human Resource Development
Introduction to Human Resource DevelopmentIntroduction to Human Resource Development
Introduction to Human Resource Development
 
Introduction to Human Resource Management
Introduction to Human Resource ManagementIntroduction to Human Resource Management
Introduction to Human Resource Management
 
Human Resource Planning
Human Resource PlanningHuman Resource Planning
Human Resource Planning
 
Training & development
Training & developmentTraining & development
Training & development
 
Work place
Work placeWork place
Work place
 
Indirect taxes
Indirect taxesIndirect taxes
Indirect taxes
 
Introduction to investments
Introduction to investmentsIntroduction to investments
Introduction to investments
 
Fundamental analysis and technical analysis
Fundamental analysis and technical analysisFundamental analysis and technical analysis
Fundamental analysis and technical analysis
 
Financial management
Financial management Financial management
Financial management
 
Deductions from gross total income
Deductions from gross total incomeDeductions from gross total income
Deductions from gross total income
 
Marketing management
Marketing managementMarketing management
Marketing management
 
Eating non veg permitted or prohibitted
Eating non veg permitted or prohibittedEating non veg permitted or prohibitted
Eating non veg permitted or prohibitted
 
Income from business and profession
Income from business and professionIncome from business and profession
Income from business and profession
 

Último

Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessQ2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessAPCO
 
Plano de marketing- inglês em formato ppt
Plano de marketing- inglês  em formato pptPlano de marketing- inglês  em formato ppt
Plano de marketing- inglês em formato pptElizangelaSoaresdaCo
 
Fabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsFabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsWristbands Ireland
 
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003believeminhh
 
Michael Vidyakin: Introduction to PMO (UA)
Michael Vidyakin: Introduction to PMO (UA)Michael Vidyakin: Introduction to PMO (UA)
Michael Vidyakin: Introduction to PMO (UA)Lviv Startup Club
 
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdfChicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdfSourav Sikder
 
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...IMARC Group
 
Entrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsEntrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsP&CO
 
Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access
 
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...Khaled Al Awadi
 
Data skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story pointsData skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story pointsyasinnathani
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024Stephan Koning
 
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)tazeenaila12
 
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfPDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfHajeJanKamps
 
A flour, rice and Suji company in Jhang.
A flour, rice and Suji company in Jhang.A flour, rice and Suji company in Jhang.
A flour, rice and Suji company in Jhang.mcshagufta46
 
MC Heights construction company in Jhang
MC Heights construction company in JhangMC Heights construction company in Jhang
MC Heights construction company in Jhangmcgroupjeya
 
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdfAMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdfJohnCarloValencia4
 

Último (20)

Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessQ2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
 
Plano de marketing- inglês em formato ppt
Plano de marketing- inglês  em formato pptPlano de marketing- inglês  em formato ppt
Plano de marketing- inglês em formato ppt
 
Fabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsFabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and Festivals
 
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
 
Michael Vidyakin: Introduction to PMO (UA)
Michael Vidyakin: Introduction to PMO (UA)Michael Vidyakin: Introduction to PMO (UA)
Michael Vidyakin: Introduction to PMO (UA)
 
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdfChicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
Chicago Medical Malpractice Lawyer Chicago Medical Malpractice Lawyer.pdf
 
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
 
Entrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsEntrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizations
 
Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024Borderless Access - Global Panel book-unlock 2024
Borderless Access - Global Panel book-unlock 2024
 
WAM Corporate Presentation Mar 25 2024.pdf
WAM Corporate Presentation Mar 25 2024.pdfWAM Corporate Presentation Mar 25 2024.pdf
WAM Corporate Presentation Mar 25 2024.pdf
 
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...NewBase  25 March  2024  Energy News issue - 1710 by Khaled Al Awadi_compress...
NewBase 25 March 2024 Energy News issue - 1710 by Khaled Al Awadi_compress...
 
Data skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story pointsData skills for Agile Teams- Killing story points
Data skills for Agile Teams- Killing story points
 
Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024Borderless Access - Global B2B Panel book-unlock 2024
Borderless Access - Global B2B Panel book-unlock 2024
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
 
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfPDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
 
A flour, rice and Suji company in Jhang.
A flour, rice and Suji company in Jhang.A flour, rice and Suji company in Jhang.
A flour, rice and Suji company in Jhang.
 
MC Heights construction company in Jhang
MC Heights construction company in JhangMC Heights construction company in Jhang
MC Heights construction company in Jhang
 
Investment Opportunity for Thailand's Automotive & EV Industries
Investment Opportunity for Thailand's Automotive & EV IndustriesInvestment Opportunity for Thailand's Automotive & EV Industries
Investment Opportunity for Thailand's Automotive & EV Industries
 
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdfAMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
AMAZON SELLER VIRTUAL ASSISTANT PRODUCT RESEARCH .pdf
 

Introduction Entrepreneurship

  • 2. Concept of Entrepreneurship “Entrepreneur is an individual who undertakes to initiate, maintain or organize a profit oriented business unit for production or distributions of economic goods and services”. “Entrepreneurs are those people who have the ability to see and evaluate the opportunities , together with necessary resources to take advantages of them and to initiate appropriate actions to ensure success”. - International labor organization
  • 3. Concept of Entrepreneurship Economic Activity Creative Activity Purposeful Activity Risk Bearing Organizing Function Dynamic Activity CharacteristicsofEntrepreneurship
  • 4. EvolutionoftheconceptEntrepreneurship Concept of Entrepreneurship 1. In early 16th century, the Frenchmen who organized and led military expeditions were referred as‘Entrepreneurs’. 2. Around 1700 A.D. the term was used to architects and contractors of public works. 3. Quesnay regarded the rich farmers as entrepreneurs who managed and made their business profitable by intelligence, skill and wealth. 4. The term “entrepreneur’ was applied to business initially by French economist, Cantillon, in 18th century, to designate a dealer who purchases the means of production for combining them into marketable products.
  • 5. Concept of Entrepreneurship, Entrepreneur and Enterprise. Entrepreneur Entrepreneurship Enterprise Person Process in Action Object In Many countries, the entrepreneur is often associated with a person who starts his own new and small Business (Various Forms). But not every new and small business is entrepreneurial or represents entrepreneurship. Urge Skill Vision Growth MANAGEMENT Enterprise Risk InnovationORGANIZATION
  • 6. Growth of Entrepreneurship in India Vedic period- Handicraft entrepreneurship British Invasion Community entrepreneurs Entrepreneurship post-Independence Emergence of New Breed of Entrepreneurs
  • 7. Growth of Entrepreneurship in India 1. Promotes Capital Formation 2. Creates Large-Scale Employment Opportunities 3. Promotes Balanced Regional Development 4. Reduces Concentration of Economic Power 5. Wealth Creation and Distribution 6. Increasing Gross National Product and Per Capita Income 7. Improvement in the Standard of Living 8. Promotes Country's Export Trade 9. Induces Backward and Forward Linkages 10. Facilitates Overall Development
  • 8. Concept of Intrapreneurship A person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation. Solo Phase Network Phase Boot Legging Phase Formal Team Phase Process of Intrapreneurship
  • 9. Trait Traditional Managers Entrepreneurs Intrapreneurs Primary Motive Promotion & other traditional rewards, such as office, staff and power Independence, opportunity to create and make money Independence & ability to advance in the corporate organization, rewards Time orientation Short term: Meeting quotas & budgets, weekly, monthly, quarterly and the annual planning horizon. Survival and achieving 5 to 10 years growth of business. Between entrepreneurial and traditional managers. Depending on urgency to meet self-imposed & corporate timetable. Activity Delegates & supervises more than direct involvement. Direct involvement Direct involvement more than delegation. Risk Careful Moderate risk taker Moderate risk taker Status Concerned about status; symbol Not concerned about status symbol Not concerned about traditional status symbol, desires independence. Failure & Mistakes Tries to avoid mistakes & Surprises. Deals with mistakes and Failures. Attempts to hide risky projects from view until ready. Decisions Usually agrees with those in upper management positions Follows dream with decisions Attempts to hide risky projects from view until ready Who serves Others. Self & Customers Self, customers and sponsors Relationship with others Hierarchy as basic relationship Transactional & deal making as basic relationship Transaction with in hierarchy. Comparative Study
  • 10. Types of Entrepreneurs According to type of Business Traits Business Entrepreneurs Conceive an idea for a new product or service and then create a business to materialize their ideas. Trading Entrepreneur More concerned about trading activity and not manufacturing. This includes identification of potential markets & stimulation of demand. Industrial Entrepreneur Essentially a manufacturer who identifies the potential needs of the customer and tailors products or services to meet them. Corporate Entrepreneur Demonstrates his innovative skill in organizing & managing undertaking. Agricultural Entrepreneur Undertakes agricultural activities as raising & marketing of crops, fertilizers & other inputs of agriculture.
  • 11. Types of Entrepreneurs Based on Adaptability Traits Innovative Entrepreneurs Aggressive in experimentation, Very innovative, Show high tendency of undertaking risk. Imitative Entrepreneur Not vey innovative, Do not make new products or services, but try to copy existing with minor variations. Fabian Entrepreneur Skeptical –Risk averse-Non innovative-Static in nature-No diversification & Expansion-Highly traditional in nature. Drone Entrepreneur Refuse to adopt & use opportunities. But they to make changes in their production methods.
  • 12. Types of Entrepreneurs Based on Nature of economy Nature of Economy Traits Innovative Developed Aggressive in experimentation, Very innovative, Show high tendency of undertaking risk. Imitative Entrepreneur Developing Not vey innovative, Do not make new products or services, but try to copy existing with minor variations. Exploitative Entrepreneur Under-developed Aggressive profiteer; survives in societies with high economic disparity, exploits all possibilities foe personal benefits through enterprises. Model Any kind of Market Emphasis on the social benefit aspect, spends profit on unit expansion, goes in for product diversification & assumes total responsibility for success & failure.
  • 13. Types of Entrepreneurs According to Motivation Traits Pure Entrepreneurs Motivated by psychological & economic rewards. Under takes entrepreneurial activity for personal satisfaction in work, ego. Induced Entrepreneur Under takes entrepreneurial activity due to policy measures of the government that provides assistance & other benefits. Motivated Entrepreneur Motivated by the desire for self fulfillment. Spontaneous Entrepreneur Natural talents.
  • 14. Knowledge Entrepreneurship 1. Knowledge entrepreneurship describes the ability to recognize or create an opportunity and take action aimed at realizing the innovative knowledge practice or product. 2. Knowledge entrepreneurship is different from ‘traditional’ economic entrepreneurship in that it does not aim at the realization of monetary profit, but focuses on opportunities with the goal to improve the production (research). 3. It has been argued that knowledge entrepreneurship is the most suitable form of entrepreneurship for not-for- profit educators, researchers and educational institutions.
  • 15. Social Entrepreneurship Social entrepreneurship is the work of social entrepreneurs. A social entrepreneur recognizes a social problem and uses entrepreneurial principles to organize, create and manage a venture to achieve social change (a social venture). While a business entrepreneur typically measures performance in profit and return, a social entrepreneur focuses on creating social returns. Thus, the main aim of social entrepreneurship is to further social and environmental goals. Social entrepreneurs are most commonly associated with the voluntary and not-for-profit sectors,[ but this need not preclude making a profit.
  • 16. Concept of Women Entrepreneurship Description Data Total Population 1080 Million Women Population 460 Million Percentage of Total Population 46.5 Women Workforce 140 Million Percentage of Female population 32.9 Women Entrepreneur 9% of total Rural-Urban divided 90% (R) 10% (U) Women Entrepreneurs may be defined as the women or group of women who initiate, organise and co-operate a business enterprise. Causes forWomen to become entrepreneurs [a] Chance entrepreneurs [b] Forced entrepreneurs [c] Created entrepreneurs
  • 17. The Indian women are no longer treated as show pieces to be kept at home. Dr. Kiran Mazumdar-Shaw, Chairman & Managing Director of Biocon Ltd., who became India’s richest woman in 2004, was educated at the Bishop Cotton Girls School and Mount Carmel College in Bangalore. She founded Biocon India with a capital of Rs.10,000 in her garage in 1978 – the initial operation was to extract an enzyme from papaya. Her application for loans were turned down by banks then – on three counts – biotechnology was then a new word, the company lacked assets, women entrepreneurs were still a rarity. Today, her company is the biggest biopharmaceutical firm in the country. Ekta Kapoor, creative head of Balaji Telefilms, is the daughter of Jeetendra and sister of Tushar Kapoor. She has been synonymous with the rage of soap operas in Indian TV, after her most famous venture ‘Kyunki Saas Bhi Kabhi Bahu Thi’ which was aired in 2000 on Star plus. Ekta dominates Indian Television.At the 6th Indian Telly Awards 2006,she bagged the Hall Of Fame award for her contributions. Neelam Dhawan, Managing Director, Microsoft India, leads Microsoft India. She is a graduate from St. Stephens College in 1980,and also passed out from Delhis Faculty Of Management studies in 1982. Then she was keen on joining FMCG majors like Hindustan Lever and Asian Paints, both companies rejected Dhawan, as they did not wish to appoint women for marketing and sales. Naina Lal Kidwai, was the first Indian woman to graduate from Harvard Business School. Fortune magazine listed Kidwai among the worlds top 50 Corporate Women from 2000 to 2003. According to the Economic times, she is the first woman to head the operations of a foreign bank in India. ( HSBC)
  • 18. Indu Jain, the multi-faceted lady used to be the Chairman of the Times Group-The most powerful and largest Media house India has known. Indu Jain is known by many different identities such as that of spiritualist,humanist,entrepreneur,an educationalist but most prominently she played the role of the Chairman of Times Group. Indu Jain is the perfect picture of the successful Indian Woman entrepreneur. The Indian women are no longer treated as show pieces to be kept at home. Simone Tata, has been instrumental in changing a small subsidary of Tata Oil Mills into the largest cosmetic brand in India – LAKME, synonymous today with Indian Fashion. She became a part of Lakme during 1961 and has been responsible for turning the company into one of the biggest brands of fashion in India. At present she is the Chairperson of Trent Limited, a subsidary of Tata Group. Preetha Reddy, Managing Director of Apollo Hospitals, Chennai, one of the largest healthcare conglomerates of India, is one of the pioneer businesswoman of India in the segment of Health Care Industry. Indra Nooyi is an Indian-born American business executive. She is the current Chairman and Chief Executive Officer of PepsiCo, the second largest food & beverage business in the world. According to Forbes, she is consistently ranked among World's 100 Most Powerful Women. Chanda Kochhar is currently the Managing Director (MD) of ICICI Bank and Chief Executive Officer (CEO). ICICI Bank is India's largest private bank and overall second largest bank in the country.
  • 19. Problems of Women Entrepreneurs 1. Poor Self-Image 2. Inadequate motivation 3. Role conflict 4. CulturalValues 5. Lack of social acceptance 6. Lack of Knowledge about business opportunities 7. Lack of Managerial Skills 8. Lack of experience or business background 9. Product choice 10. Marketing skills 11. Accounts & Finance 12. Problem solving 13. Life style
  • 20. Institutions supporting Entrepreneurs 1. Self-Help Group (SGHs) 2. Federation of IndianWomen Entrepreneurs (FIWE) 3. Women’s IndiaTrust (WTI) 4. Small Industries Development Bank of India (SIDBI) 5. Small Industries Development Organization (SIDO) 6. Consortium ofWomen Entrepreneurs of India (CWEI) 7. National Bank for Agriculture and Rural Development (NABARD) 8. Self EmployedWomen'sAssociation (SEWA) 9. Association ofWomen Entrepreneurs of Karnataka (AWAKE)
  • 21. Entrepreneurial competencies Ability to control and operate the things in the environment and the environment itself. Characteristics or Qualities of an Entrepreneur 1. Objectivity 2. Optimism 3. Seizing Opportunities 4. Open to feedback 5. Attitude towards Money 6. Proactive management 7. Flexible authority relationship 8. Sound decision making ability 9. Good teamWork & Leadership skills 10. Perseverance 11. Self confidence 12. Dedication & Devotion
  • 22. Functions of Entrepreneurs 1. Innovation 2. Risk taking 3. Organizing building 4. Managing 5. Perceiving market opportunities 6. Managing finance 7. Managing 8. Managing human resources