E N T R E P R E N E U R S H I P

Dipanwito Karmakar Date: 19-08-2011

C O N T E N T S :

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.

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.

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 .

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.

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.

Importance of Entrepreneurship:

Reduces Poverty Level,

Increases Employment,

Fulfills the Demand of people,

Helps to develop Economic Condition of a country.

Causes of failure of the Entrepreneurship: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.

SOME OF THE REAL

ENTREPRENEURS

Azim Premji Chairman of Wipro Technologies (one of the largest software company in India)

Honored with Padma Bhushan in 2005.

Dhirubhai Ambani Founder of Reliance Company.

Built India’s largest private sector company.

J R D Tata Chairman of “Tata & Sons”

Launched Air India International.

Received Bharat Ratna in 1992.

Dr. Monkombu S. Swaminathan

Father of Green Revolution in Asia.

Researcher of Plant Breeder & Cytogeneticitis.

Narayana Murthi Founder of

Infosys Technologies Limited.

Chosen as World Entrepreneur of the Year 2003.

Non-Executive Chairman & Chief Mentor of Infosys.

Rahul Bajaj

Chairman of Bajaj Group.

One of the most distinguished business leaders.

Sunil Mittal 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.

Shahnaz Hussain 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”

Verghese Kurien 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.

Steave Jobs

Founder of Apple Computer.

Founder of Pixar, Next also.

T H A N K Y O U

Q&A

Thank You