The Primary objective of developing countries like India is to achieve rapid, balanced and sustained rate of economic growth. Hence efforts are directed towards the creation of conditions in which a fast development of productive resources can take place.
Industrialisation accelerates economic growth, increases national income, brings about structural changes in the economy , induces social changes and promotes entrepreneurship . Industrialisation results from the interaction of technological change, innovation, entrepreneurial growth , specialization and trade.
An entrepreneur is one of the important segments of economic growth. The need for a broad based entrepreneurial class in India arises from the need to speed up the process of activating the factors of production, leading to higher rate of economic growth , dispersal of economic activities development of backward and tribal areas, creation of employment opportunities, improvement in the standard of living of the weaker section of the society and involvement of all sections of the society in the process of growth.
Who is an Entrepreneur ?
Basically, an entrepreneur is a person who is responsible for setting up a business or an enterprise. In fact , he is one who has the initiative , skill for innovation and who looks for high achievements. He is a catalytic agent of change and works for the growth of people.
An entrepreneur is some one who identifies an opportunity , collects the money and other resources needed to exploit that opportunity and takes some or all of the risks associated with industrial or business projects.
Industrialisation accelerates economic growth, increases national income, brings about structural changes in the economy , induces social changes and promotes entrepreneurship . Industrialisation results from the interaction of technological change, innovation, entrepreneurial growth , specialization and trade.
An entrepreneur is one of the important segments of economic growth. The need for a broad based entrepreneurial class in India arises from the need to speed up the process of activating the factors of production, leading to higher rate of economic growth , dispersal of economic activities development of backward and tribal areas, creation of employment opportunities, improvement in the standard of living of the weaker section of the society and involvement of all sections of the society in the process of growth.
Who is an Entrepreneur ?
Basically, an entrepreneur is a person who is responsible for setting up a business or an enterprise. In fact , he is one who has the initiative , skill for innovation and who looks for high achievements. He is a catalytic agent of change and works for the growth of people.
An entrepreneur is some one who identifies an opportunity , collects the money and other resources needed to exploit that opportunity and takes some or all of the risks associated with industrial or business projects.
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