Imagine that you’re the dean of your college and you’ve suggested that more

entrepreneurship courses be taught throughout your college’s curriculum. You’re

getting resistance from some professors who think that entrepreneurship is a fad.
Make the argument that entrepreneurship isn’t a fad and is extremely important
topic.

Entrepreneurship will never be popular in any country, especially in the context of economic
development. People always need this reason, so to realize this idea, there will be an entrepreneur. At
first he was called a businessman, but at that time, some people were called entrepreneurs and there
were other things in the future. So they will stay there forever. Many government initiatives support this
ecosystem and will continue to advance and predict the future of young people. This is the initial stage
of development. To become a successful entrepreneur and build a solid platform for young audiences,
the college should teach them throughout the curve so that they can brainstorm, think more broadly, be
more creative and innovative, and get the right guidance. Able to And get an initial stage. Consider the
business model and study their results and long-term plans and strategies. This will lead to the
development of work plans and development ideas.

According to experts, entrepreneurship is not a popular fashion. It is a good practice for economic
development. Therefore, in the last 10 years, it has been working internationally for a week and has
worked in over 160 global startup weeks. This country has been implemented. Country.

In fact, "is a reality which focuses more on the media than the media. Entrepreneurship seems to be a
panacea for the Almighty. They think that this is a fashion, "but in fact it is" a dynamic economic activity.
"Therefore, it is very beneficial for progress, but it should be fully understood," before giving a speech,
The statement said in the statement.

Innovation and entrepreneurship should be linked to great innovation, but if you do not bring it into the
market, or do not know how to devote to communication and business, innovation will be lost, you
should consider it as a series will happen.

However, the reality is that in entrepreneurship, the rate of failure is very high, "the numbers are very
ugly", because for every 10 projects launched, 8 failed because "always the same, lack of training, no
consistency". But the failure is "born, normal", he said, "birth, normal".

This week and all their actors have to teach entrepreneurs not to fail at the initial stages of their
initiative, so that their learning speed can be accelerated and increase the high failure rate.
Entrepreneurship is a complex operation, and you should go through a series of steps, which include
support, financing and training, so that problem-rich projects and structures can become a serious
business.
Read any three recent articles on business houses in India and try to see how the
next generation is redefining traditional businesses. Prepare a short report on the
same.

Jamalalal Bajaj, founder of Bajaj Business, is a nationalist businessman, who funded for free movement.
A story in which Mahatma Gandhi Baja five is called the fifth son. In 1931, on the request of Mahatma
Gandhi, Bajaj established a Chinese factory in Lakhmipur Creek, Uttar Pradesh, which established the
original origin of the group, Hindustan Sugar Mills Ltd., named after Bajaj Hindustan Limited. Yesterday,
Jamalal Bajaj's eldest son, Kamalayan Bajaj, started his family business. After full education at Cambridge
University in the UK, he returned to India, joined family business, and started to be involved in scooters,
tihia, cement, steel and equipment. BHRSH Trading Corporation Pvt. Ltd. (The early avatar of Bajaj Auto
Limited) was established in November 1945. In 1948, Bajaj Auto started selling India through two and
three wheeled vehicles. In 1959, he received government approval for the production of Daphiya and
Tifia vehicles. Kamalayan Bajaj's son, Rahul Bajaj, was a junior purchasing officer at Mukand's steel
company Mukand, and then went to Harvard Business School to do an MBA. He took control of Bajaj
Group in 1965.

When Rahul Bajaj assumed charge, India was a socialist country and strictly abiding by the license rules
and regulations. Nothing can be done without government approval.

Rahul Bajaj became CEO (CEO) of Bajaj Auto (BL) in 1968; It's 30 years old. Restrictions imposed by Raj,
the company limited production of only 20,000 units per year. There is a big difference between
demand and supply; Consumer motorcycle book and sometimes 10 years to get it. However, Rahul Bajaj
tries to increase production (ignoring government restrictions), reduce costs and build a true Indian
brand.

He has no interest in Hameera Bajaj's heritage, which he inherited from his father; It wants to give the
company a new size. He shook the company to a selected international market and started the products,
which redefined all the categories in the market. Rajiv Bajaj took over as Managing Director in 2005.

In the 2000s, see many parts through the original Integrated Badge team. After a movement war, Rahul
Bajaj's brother Shishir Bajaj and Bhatgish Kushag are partnering with Bajaj Hindustan and Bajaj
Consumer Career respectively. Rajiv Bajaj and his brother Sanjiv Shukapapat Bajaj Holdings and
Investment Company Ltd. Opened its own domain name from In any situation, Mukund and the
electrical business are expanded independently by other Bajaj family members.

There are other changes. Rajiv Bajaj invested in research and development, production development
and new factories, and before that he was in the company, he made the popular Bike's Pulsar brand. In
2008, they supervised the exit from the scooter.
Search the internet for two accounts of successful corporate
entrepreneurship/intrapreneurship. Explain the two accounts. What key factors
for success are common across all these accounts? Which are unique?

Entrepreneur is a person who is not only the founder of the company, but also represents the
company's original resources. As a leader, he enjoys a high degree of decision-making power.

Industries use their own resources to make risk decisions, so they do not share risk with anyone.
Entrepreneurs have to pay attention to the outside. Entrepreneurs work alone and are more willing to
develop new knowledge in new organizations.

IntranPure is a person with all the characteristics of an entrepreneur, but works in an existing
organization. Intranetar is responsible for creating all kinds of innovations, which introduce new
products, processes and services to the company in order to achieve its goals in terms of growth and
profitability.

Unlike self-employed, in the case of internal entrepreneurship, risks are shared by the company and
internal entrepreneurs, which are supporters and developers of the company's creative capabilities.
IntranPoint focuses primarily on creating new business areas.

Intranpiror is eligible to use tools from financial companies such as financial assistance or executive and
administrative assistance. If it fails, internal entrepreneurs can be reassigned to the second position
within the company. In the development process of the whole scheme of self-employed entrepreneurs,
internal entrepreneurs do not bear the risk of total profits / losses.

Google:

Idea

Like W.L.Gor, Google has taken the time for personal projects. Some of Google's best projects come with
20% policy. One of them is Gmail, which you can use several times a day.

Benefits:

GLL's producer Paul Buchit took part in the project in 2001 and implemented April 1, 2004 (April Fool's
Day, but not true). Gmail is the first to have a successful search feature email, you can choose to keep it.
All your emails (1GB storage) instead of being deleted to stay under your limits. Initial launch was
limited to invitations, very popular items. Now, without email addresses ending with @ gmail.com, it's
considered reckless.
3m:

Idea

Sometimes, intrapreneurship is by chance. 3m scientist Dr. Spencer is trying to make a very strong
adhesive for silver aerospace technology. Instead, he accidentally made an adhesive that makes a stick
well on the surface without leaving an obsolete residue.

Benefits:

He did not throw this thought out because he could not solve the problem. He insisted that they use it
until it finds its purpose. After continuous and spreading over the years, he finally clicked on the second
3M scientific art fry. He remembered one of the Silver Seminars, and they started developing products
together. Post-notes are born, and if you're a majority of desktops, you can now find their mats.

1. An entrepreneur is defined as someone who creates a new business with an innovative idea or
concept. Organizational employees who are authorized to innovate in products, services, processes,
systems etc. are called intrapreneurs.

2. Entrepreneurs are comfortable in nature, whereas intrapreneurs are naturally flexible.

3. Entrepreneurs use their own resources, that is, people, machines, money etc., and in the case of
intrapreneurs, resources are easily available because the company provides resources.

4. An entrepreneur raises the fund himself. Instead, intrapreneurs do not need to raise money
themselves; They are provided by the company.

5. An entrepreneur works in a new established company. On the other hand, intrapreneurs are a part of
the existing organization.

6. The entrepreneur is his own boss, so he decides independently. Unlike the intrapreneurs working for
the organization, he can not make independent decisions.

7. It is a special feature of entrepreneurs; He has the ability to take on business risks and uncertainties.
Unlike the intrapreneurs , companies raise all the risks.

8. Entrepreneurs try to enter the market successfully and then make a space. Unlike intrapreneur is
committed to organizational change to achieve innovation, creativity and productivity.
It is said that Indian economy is poised for accelerated growth and especially
provides a large number of opportunities suited for young population in the age
group of 15 to 25 years. What is the rationale behind this statement? Identify an
opportunity for this segment of the population and justify with facts and figures
reasons for treating it to be an opportunity.

When economists and businessmen predict which country will occupy the second place in the global
economy, the rise of Asia's stalwarts - China and India, which together account for one-third (37%) of
world population - usually the top Are nearby

China has recovered from the economic downturn of the Great Depression and is currently the world's
second largest economy. However, India's economy is improving and it is an emerging entrepreneurial
center.

According to the Government of India data, micro, small and medium enterprises (MSME) contribute
about 8% of the country's gross domestic product, 45% of manufacturing production and 40% of the
country's total exports. Small business in India generates 1.3 million jobs per year and provides the
largest share of employment after agriculture. They play an important role in national GDP.

About 15,000 small business owners are registered with eBay India for export of products across the
world, and these exporters are currently responsible for one-third of the platform sales. It is estimated
that the products listed by Indian vendors are sold in the international market every 10 seconds through
eBay India.

President Obama became the first US president to visit India when he flew to Delhi on January 26 to
participate in the Indian Constitution. He met Prime Minister Narendra Modi several times. He is one of
the few leaders of the world and he has a cordial relationship with them.

Mr. Modi is an important supporter of the development of small businesses. It encourages

entrepreneurs to improve product quality for better competition in the global e-commerce market.

Some companies have faced difficulties in raising funds, and India should relax some strict regulatory
measures. For any growing company, access to credit is the most important driver of development, but
most Indian entrepreneurs start with minimum capital, which can harm their potential. The lack of
simple financing has halted the development of small companies.

However, as the world's largest democracy, an increasingly entrepreneurial culture in India is a helpful
new initiative and an increasing funding that will prepare for economic development. In recent months,
Biz2Credit is increasingly interested in small business loan industry, and optimism is increasing due to a
new supportive business.
 Find three examples of firms that pioneered a new product in a new market and
were able to achieve long run success based on that entry. Find three examples of
firms that were not pioneers but entered later to eventually overtake the pioneer
as a market leader. In your opinion, why were the successful pioneers successful,
and why were the unsuccessful ones unsuccessful?

Companies that open new products in new markets and achieve long-term success on this basis:

 Polaroid and Polaroid cameras created the instant photography market.

 Intel invented the microprocessor and occupied more than 20 years of dominance in the
main market (personal computer).
 Sony's Walkman is also crucial in helping to create a portable music market.

Companies that were not pioneers but later entered eventually replaced pioneers as market
leaders:

• Apple:

No key technologies were invented - it copied them, mainly from Xerox PARC, and then added
many small improvements. It's not a pioneer: its Lisa (the predecessor of Mac) was launched two
years after its development, but Xerox Star was forgotten long ago. It did not have its first
success. It learned from Lisa's failure and quickly followed a better offer, the Mac. For nearly 30
years, we have launched a series of new Mac products, including today's iMac, Mac minis and
MacBooks.

 Google:

It is the first search engine, entered long after WebCrawler, Lycos, AltaVista, Excit, Yahoo,
Dogpile.

•Procter & Gamble :

Disposable diapers, the pioneer was Chux in 1949. But P&G joined Pampers in 1961 and quickly
established a high-margin, dominant market share and maintained through ruthless market-
leading continuous improvement.

Two features are critical to the successful introduction of groundbreaking new products in small
businesses: commitment and adaptability. Initially, these concepts seem to contradict each
other. I believe that a successful Pioneer product introduction balances the strong focus on
internal commitment and adaptive decision making. A strong commitment is especially critical
for groundbreaking introductions, as such introductions face higher demand uncertainty, more
upfront investment based on small amounts of information, a longer time frame for profitability
and longer development time than later entrants .