1.
 Concept of Entrepreneurship,
 Concept of Entrepreneur,
 Evolution of Entrepreneurship,
 Characteristics of Entrepreneurship,
 Importance of an Entrepreneurship,
 Causes of failure of the
Entrepreneurship,
 Some of the Real Entrepreneurs.

2.
Concept of Entrepreneurship :
Entrepreneurship is essentially a creative activity
or it is an innovation function. The process of
innovation may be in the form of
 Introduction of a New Product,
 Use of a New Method of production,
 Opening of a New Market,
 The conquest of New Source of supplying Raw
Materials,
 A New Form of Organization.
-
Joseph A. Schumpeter.

3.
Concept of an Entrepreneur :
 It refers to a Person,
It refers to a Creator,
It refers to a Organizer,
It refers to a Decision Maker,
It refers to a Initiator,
It refers to a Leader,
It refers to a Motivator,
It refers to a Risk Taker .

4.
Evolution of Entrepreneurship :
 16th century: Army Leaders,
17th century: Became common topic,
 18th century: Dealer who buys & sells
goods,
1961: The term used as Innovator.

5.
Characteristics of Entrepreneurship :
o Function of Innovation,
o Function of High Achievement,
o Function of Group Level Patterns,
o Function of Managerial Skills & Leadership,
o A Gap Filling Function,
o Function of Status Enhancement,
o Function of Social, Political, & Economic,
o Function of Religious Beliefs.

6.
Importance of Entrepreneurship:
 Reduces Poverty Level,
 Increases Employment,
 Fulfills the Demand of people,
 Helps to develop Economic Condition of a country.

7.
o Lack of visible concept,
o Lack of market knowledge,
o Lack of technical skill,
o Lack of seed capital,
o Lack of business knowledge,
o Complacency--- Lack of motivation,
o Social Stigma,
o Time pressure & distractions,
o Legal constraints & regulations,
o Monopoly & protectionism,
o Inhibitions due to patents.

8.
 Chairman of Wipro
Technologies (one of
the largest software
company in India)
 Honored with
Padma Bhushan in
2005.

9.
 Founder of
Reliance Company.
 Built India’s
largest private
sector company.

10.
 Chairman of “Tata & Sons”
 Launched Air India
International.
 Received Bharat Ratna in 1992.

11.
 Father of Green
Revolution in Asia.
 Researcher of Plant
Breeder & Cytogeneticitis.

12.
 Founder of Infosys
Technologies Limited.
 Chosen as World
Entrepreneur of the
Year 2003.
 Non-Executive
Chairman & Chief
Mentor of Infosys.

13.
Chairman of Bajaj Group.
 One of the most
distinguished
business leaders.

14.
 Chairman & Managing
Director of Bharati
Group.
 India’s largest GSM-
based mobile ph service
provider.
 IT Man of the Year
Award 2002.
 CEO of the Year: 2002
 Called as originator of
cellular phone
revolution in India.

15.
 Founder of Shahnaz Hussain
Product.
 Awards:
1. “The Arch of Europe Gold Star
for Quality”.
2. “One of The Leading
Entrepreneur in the World”.
3. “The 2000 Millennium Medal of
Honor”

16.
 Father of the White Revolution.
 Award:
1. Padma Shri in 1965.
2. Padma Bhushan in 1966.
3. Padma Bibhushan in 1999.
4. Chairman of GCMMF.
5. Called as milkman of India.

17.
 Founder of Apple
Computer.
 Founder of Pixar, Next also.