Entrepreneurship Development and Small Business by Dr. Vandana Pandey
Discover the meaning, importance, and emergence of entrepreneurship, along with its impact on society. Learn about the pillars of industrial progress, eradicating unemployment, poverty alleviation, and more. Explore definitions of entrepreneurship from various perspectives, emphasizing innovation, leadership, and opportunity maximization.
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Presentation Transcript
ENTREPRNEURSHIP development and small business PRESENTED BY DR. VANDANA PANDEY DEPARMENT OF COMMERCE HCPGC VARANASI
Entrepreneuship Meaning What is Entrepreneuship Emergence importance
Meaning of entrepreneurship Entrepreneurship is a composite of three basic elements 1- invention. 2-innovation. 3- adoption. Pillar of industrial, economic and social progress.
Importance 1- eradicating unemployment 2-poverty alleviation 3- improvement in low productivity 4- removing inequality 5- industrial development 6- development of self employment. 7-development in human resource development education, health, living status.
Emergence By french root for undertake 14thcentury for tax contractor 17thcentury for defence matters 18thcentury- economic essays 19th century- economic matters
conclusion Entrepreneurship is -Risk bearing capacity. facing uncertainty. organise the business. Quality of leadership. decision making. managerial skill .
Definitions- Entrepreneurship refers to the general trend of setting up new entreprise in a society. Pareek and Nadkarni entrepreneurship is an innovative function . It is a leadership rather than an ownership josheph A. Schumpeter Maximisation of opportunities is meaningful in business, indeed a precise definition of the entrepreneurship job Peter F. Drucker
