Entrepreneurship Development andNew Enterprise MGT

Download Entrepreneurship Development andNew Enterprise MGT book free online – from Entrepreneurship Development andNew Enterprise MGT book; This book covers the following topics: Entrepreneur and Entrepreneurship, Factors Affecting Entrepreneurship Growth : Economic, Social, Psychological and Political Factors, Entrepreneurship Development, Entrepreneurial Motivation, Method and Procedures to start and expand one�s own Business, Environmental Factors affecting success of a new business;

Entrepreneurs playa vital role in the economic development of a country. Economic development of a country depends primarily on its entrepreneurs. An entrepreneur is often considered as a person who sets up his own business
or industry. He has initiative, drive, skill and spirit of innovation who aims at high goals. The entrepreneur is the individual that identifies the opportunity, gathers the necessary resources and is ultimately responsible for the performance of the organisation. Entrepreneurs are action oriented, highly motivated individuals who take risks to achieve goals.


Entrepreneurship is the purposeful activity of an individual or a group of associated individuals, undertaken to initiate maintain or aggrandize profit by production, or distribution of economic goods and services. Entrepreneurship is very often associated with adventurism, risk bearing, innovating creativity etc. It is concerned with making dynamic changes in the process of production, innovation in production, new usage for materials etc. It is a mental attitude to take calculated risks with a view to attain certain objectives. It also means doing something in a new and better manner.

Entrepreneurs perceive new opportunities and seize them with super normal will power and energy, essential to overcome the resistance that social environment offers. In sum, the concept of entrepreneurs is intimately associated with the three
elements-risk bearing, organising and innovating.

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