ensures the success of the product in terms of its utilization or market share‚ when compared to its rivals? According to the Oxford Dictionary‚ an Innovator is a person who introduces new methods‚ ideas‚ or product. Now‚ lets get to whom an Entrepreneur is; he/she is a person who sets up a business or businesses‚ taking on financial risks in the hope of profit. Having established the definition of the two roles in question let us assume‚ for the sake of argument‚ that the innovator has no prior
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Global development is entering a phase where entrepreneurship will increasingly play a more important role. There are at least three reasons for this‚ each particular to certain types of countries. Firstly‚ in the West‚ the managed economy of the 1970s-2000s‚ characterized by reliance on big business and mass production‚ has given way to a so-called entrepreneurial economy. Here knowledge-driven goods and services are now more flexibly provided by smaller firms‚ and the emergence of a creative class
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Jagdeep Singh& Poonam Arora Lecturer‚ B.G.I.E.T &B.G.I.M.T.‚ Sangrur INTRODUCTION: - “Women” as Entrepreneurs in India: “You can tell the condition of a nation by looking at the status of its women” - Jawaharlal Nehru. Till the turn of the century‚ man has enjoyed a dominant position. But as technology speeds up lives in the new millennium‚ Women Entrepreneurs has come up with challenging role to meet her personal needs and become economically independent.The challenges and opportunities
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Entrepreneur Identity Box Some of the characteristics that others know that I have are‚ curious‚ persistent‚ determination‚ risk taker‚ and I’m independent. I’m curious because I want to know what goes on around the world‚ how things are made. I’m persistent because I don’t let someone’s negativity bring me down. I stick to my dreams. I’m independent because I like working by myself. I usually get distracted by others so I choose to work on my own. I’m also a risk taker because‚ I like taking
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Carlos Sanchez Hernandez. 01/20/2014 ENGL 1301 Diagnostic essay. Remember the time. Michael Jackson is someone who requires no introduction. A master in the art of entertainment whose name will be remembered worldwide for days to come. Jackson’s musical video “Remember the time” takes the spectator in a time travel journey to the ancient times in Egypt. A spectacular setting‚ incredible costumes‚ great choreography as expected‚ and in it’s cast some of Hollywood’s biggest stars. From
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Women entrepreneurs may be defined as a “woman or a group of women who initiate‚ organize and run a business enterprise”. Government of India has defined women entrepreneurs based on women participation in equity and employment of a business enterprise. Accordingly‚ a woman run a enterprise is defined as “an enterprise owned and controlled by a women having a minimum financial interest of 51% of the capital and giving at least 51%of the employment generated in the enterprise to women”. Women entrepreneurs
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is one of the 21st Centuries most successful entrepreneurs. This report will take a closer look into Bill Gates whilst simultaneous exploring entrepreneurship and its role in business‚ entrepreneurial approaches to opportunity and innovation‚ management and leadership‚ growth and longevity in additional to entrepreneurial traits and characteristics. Contents Executive Summary i 1.0 Introduction 1 2.0 The Opportunity Recognised 1 3.0 The Entrepreneur 2 4.0 Managing and Leading 3 5.0 Growth and
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YOUNG ENTREPRENEUR In this globalization era‚ productivity of human sources and nature sources‚ is important things. One way to more develop them is entrepreneurship. In recent times‚ entrepreneurship is an interesting sector in developing. According to a dictionary I ever read before‚ entrepreneurship can be defined as the process of starting a new organization or foundation. In simple terms‚ it is actually starting a business. A person undertaking business called an entrepreneur. Everyone
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How entrepreneurs can contribute to the economic development of a country? i) Entrepreneurs can promote capital formation in a country - Entrepreneurs need money to set up and run their firm. To do that‚ they will need to borrow or employ their own resources or money. This will cause money to be channelled to help the country’s economy as an economy will only thrive when there is money circulating in the economy of a country. ii) Entrepreneurs can create employment opportunities to the public
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got many opportunities to prove their computer skills. In 1972‚ they started their own company called ’Traf-O-Data.’ They developed a portable computer that allowed them to do analysis and prepare reports. This made them a sum of $20‚000. An entrepreneur has to have a persuasive style and possess good communication skills. This was a key factor in one of the turning points in Gates’ career‚ when at 25 he
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