Академический Документы
Профессиональный Документы
Культура Документы
Presented By
Dr. V. R. Malkar
Unit ed St at es 8.5%
Canada 6.8%
Israel 5.4%
It aly 3.4%
Country
Germany 2.2%
Denmark 2.0%
France 1.8%
Japan 1.6%
Finland 1.4%
Percent
Entrepreneurship High-growth
Unemployed businesses
Youth Innovators
Self- employed
Training
1. Registration of unit
2. Arranging finance
3. Prov iding land, shed, power, water etc.
4. Guidance for selecting and obtaining machinery
5. Supply of scarce raw materials.
6. Getting licences / import licences
7. Providing common facilities
8. Granting tax relief or other subsidy
9. Offering management consultancy
10. Help marketing product
Support Role
1. Entrepreneurial education.
2. Planned publicity for entrepreneurial opportun ities.
3. Identification of potential entrepreneurs through scientific
methods.
4. Motivational training to new entrepreneurs.
5. Help and guide in selecting products and preparing project
reports.
6. Making available techno-economic information and
product profits.
7. Evolving locally suitable new products and processes.
8. Availability of local agencies with trained personnel for
entrepreneurial counselling and promotions.
9. Organising entrepreneurial forum.
Sustaining Role
1. Help modernization
2. Help diversification/expansion / substitute production.
3. Additional financing for full capacity utilization
4. Deferring repayment/interest.
5. Diagnostic industrial extension/consultancy source.
6. Production units/ legislation/policy change
7. Product reservation / creating new avenues for
marketing
8. Quality testing and improving services
9. Need - based common facilities centre
Organizations providing EDP
Entrepreneurship Development Institute
of India (EDII)
Develops programmes for entrepreneurial training and development
Activities undertaken:
Status: An entrepreneur is the owner of the enterprise. A manager is the servant in the
enterprise owned by the entrepreneur.
Risk-bearing: An entrepreneur being the owner of the enterprise assumes all risks and
uncertainty involved in running the enterprise. A manager as a servant does not bear any risk
involved in the enterprise.
Rewards: The rewards an entrepreneur gets for bearing risks involved in the enterprise is
profit which is highly uncertain. A manager gets salary as rewards for the services rendered
by him in the enterprise. Salary of a manager is certain and fixed.
Fraudulent behavior: An entrepreneur is not induced to involve in fraudulent
behavior where as a manger does. A manager may cheat by not working hard
because his income is not tied up to the performance of the organization
Innovation: Entrepreneur himself thinks over what and how to produce goods to
meet the changing demands of the customers. Hence, he acts as an innovator also
called change agent. But, what a manager does is simply to execute the plans
prepared by the entrepreneur. Thus, a manager simply translates the entrepreneurs
ideas into practice.
I. Deciding-
II. Developing-
III. Moving-
IV. Managing-
V. Recognizing
The Entrepreneurial Process
Starting the Venture:
Researching Feasibility
Planning the Venture
Identifying Organizing the Venture
Exploring the
Opportunities/Possible
Entrepreneurial Launching the Venture
Competitive Advantage
Context