entrepreneurship development

1. Presented to
Prof.Dr.Kazi Ahmed Nabi
Dean.FBA.USTC
Presented by
Omar Faruq
Id:1120
Group:keen orbit
Topic : characteristics and types of
entreprenneur,entrepreneur vs
management,national benefits of
entrepreneurship.

2.  Determination
 Energy
 Ability to take calculated risks.
 Leadership
 Optimism
 Need to achieve
 Versality: Knowledge of product, market machinery &
technology.
 Creativity
 Ability to influence others
 Ability to get well along people

3.  Initiative
 Flexibility
 intelligence
 Pleasant personality
 Courage
 Imagination
 Tolerance for ambiguity
 Positive response to challenge.
 Independence
 Responsiveness to suggestions criticism
 Efficiency
 Ability to make decisions quickly

4.  Responsibility
 Foresight
 Accuracy
 Co-operative
 Profit orientation
 Ability to learn from mistakes
 Aggressiveness
 Commitment
 Ability to trust workers
 Sensivity to others
 Honesty
 Maturity

5.  It is the joint efforts of both the general
management and scientific technical
personnel to identify areas for R & D
and the development of new products,
techniques or the improvement of
existing ones.
 the internal as well as external Ability to
catch at the right time the fruits of
technological developments.
 Administrative entrepreneurship


6.  This is nothing but the ability to initiate and
nurture new venture developments within
the original company with special care.
 This stresses the replication or creative imitation of
innovative technical achievements made by another
firm ---done with appropriate modifications and
refinements in case protected property right are
involved.
Acquisitive Entrepreneurship
This is the ability of the internal management/
entrepreneurs to acquire competitors technical
capabilities.

7.  –

 Locus of Control
 Tolerance for Ambiguity
 Tolerance for Risk
 Type “A” behavior

8. Fosters economic growth
In the USA ¾ ths and in our country most of the new
jobs are provided by the entrepreneurs.
 Creates new technologies, products & services

9.  Changes and rejuvenates market competition
 Increases productivity