“A good entrepreneur is one who is capable of inspiring confidence in people & has the ability to motivate them to work with him in fulfilling the economic goals set by him.”
- Concept, Meaning & Definition:
Introduction:
The entrepreneur is an important input of economic development. He is a catalyst of development; with him we prosper, without him we are poor.
Definition:
Entrepreneur
PETER DRUCKER
“ An entreprenuer is one who always searches for change, respond to it & exploit it as an opportunity.”
Marx
“ Entrepreneur is a social parasite.”
Meaning of Entrepreneur:
- Entrepreneur is one who innovates, raises money, assembles inputs, chooses managers & set the organization going with his ability to identify them.
- In developing countries, “An entrepreneur is one who starts an industry, undertakes risks, bears uncertainties & also perform the managerial functions of decision-making & coordination.”
- Meaning of Entrepreneur-
An entrepreneur is one who starts an industry, undertake risks, bear uncertainties & also perform the managerial functions of decision making & co-ordination.
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