Introduction

Entrepreneurship Development

Lesson 01 :Entrepreneurship Development

Introduction

Entrepreneur is an economic agent who plays a vital role in the economic development of the country. Economic development of a country refers steady growth in the income levels. This growth mainly depends on its entrepreneur. An entrepreneur is an individual with knowledge, skills, initiative, drive and spirit of innovation who aims at achieving goals. An entrepreneur identifies opportunities and captures opportunities for economic benefits.

Entrepreneurship is a dynamic activity which helps the entrepreneur to bring changes in the process of production, innovation in production, new usage of materials, creator of market etc. It is a mental attitude to foresee risk and uncertainty with a view to achieve certain strong motives. It also means doing something in a new and effective manner.

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Last modified: Wednesday, 1 February 2012, 5:59 AM