26-05-2012, 12:55 PM
Types and Functions of an Entrepreneur
2. Types and Functions of an Entrepreneur.pptx (Size: 89.03 KB / Downloads: 45)
On the basis of Stages of Economic Development
. Innovative ( new products, methods of production, new technology, new markets, new source of supply of raw materials , etc.)
2. Imitative or Adoptive: imitates technology innovated by others
3. Fabian: lack of will to adopt new methods,
4. Drone: follows traditional methods of production, suffer losses, laggards
. On the Basis of Type of Business Occupations
Business Entrepreneur: tap new opportunities
Trading Entrepreneurs: buying and selling activities, not concerned with manufacturing work
Industrial Entrepreneurs: conveys resources into economic utilities.
Corporate Entrepreneurs: has vision and imaginative skill to organize and manage corporate undertaking
Agricultural Entrepreneurs: undertake agricultural activities
On the Basis of Ownership
Private: Motivated by profit
Public: Govenment acts an entrepreneur
Joint: partnership
Co-operative: association of persons who have voluntarily joined together to achieve common ends.
Other Types
Pure Entrepreneur: motivated by psychological and economic needs
Induced Entrepreneur: due to policy measures of the Government
Motivated Entrepreneur: desire for self-fulfillment
Growth Entrepreneur: choose and industry of high economic growth
Super-Growth Entrepreneur: individual who has shown enormous growth performance in his venture
First Generation: starts an industrial unit by means of an innovative skill.
Modern Entrepreneur: cares for current marketing needs
Intrapreneurship: