ppt of entrepreneureship

8/9/2019 ppt of entrepreneureship

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Needs And Significance Of Entrepreneurship Development InGlobal Contact


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y The word Entrepreneurship has been derived byFrench root which means To Undertake.

y In this time this word named by another words e.g.

risk taking innovating And so on.y This concept have evolved over more then two

centuries.


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y According to Higgins, Entrepreneurship is meantthe function of seeking investment and productionopportunity, organizing an enterprise to undertake a

new production process , raising capital, hiringlabour ,arranging the supply of raw materials , findingsite ,introducing a new technique and commodities,discovering new sources of raw materials and selectingto managers day to day operation of the enterprise.


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y In other words Entrepreneurship is the purposefulactivity of an individual or a group of associatedindividuals, undertaken to initiate ,maintain oraggrandise profit by production or distribution ofeconomic good and services.


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y Caste origins

y Entry into Entrepreneurship

y Family back ground

y Religious backgroundy Educational and technological knowledge

y Occupation background

y

Types of industry started


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y SIDBI

y NIESBUD

y IDBI

y NSIC

y UPSIDC

y NABAR

y SIDO


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y Innovation : According to Schumpeter,Entrepreneurship is a creative activity. AnEntrepreneur is basically an innovator who introduce

something new into the economy.y A function of high achievement : two characteristics of

Entrepreneurship , namely doing thing in a new andbatter way and decision making under uncertainly.


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y Organization building Function: Entrepreneurship

implies the skill to build an organisation. Organisationbuilding ability is the most critical skill required forindustrial development.

y A function of group level pattern : young suggests a

casual sequence where transformation codes aredeveloped by the solidarity groups to improve theirsymbolic position in their large structure and become

A function of leadership and managerial skills

Entrepreneurs.


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y A function of leadership and managerial skills :managerial skill and leadership are the most

important facets of Entrepreneurship. Financial skillare only of secondary importance.

y A function of social political and economic structure :In this theory of Entrepreneurship supply, kunkel

argues that marginality does note generateEntrepreneurship and there most be some additionalfactor at the work. Entrepreneurs are not equallydistribution in the population.


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y The supply of Entrepreneurship depend uponfour structures found in a society or community.

1. Limitation structure : in this structure theEntrepreneur is viewed as the most importantdeviant individual and such behavioral patternis restricted

2. Demand structure : it Is mainly economic andchange with economic progress andgovernment policy.

3. opportunity structure : it consist of theavailability of capital, management andtechnological skills, information concerningproduction method labour and market.


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4.Labour structure : it is the concerned with the supplycompetent and willing labour.

y A function of religious beliefs : religion and its impacton Entrepreneursing culture

The theory based on the invalid assumption.

a) There is a single system of Hindu value.

b) The Indian community internalised those value andtranslate them to-day-to-day behaviour

c) These value remained immune to and insulate

against external pressures and change.


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THEEND

ppt of entrepreneureship

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