MEANING OF THE WORD ENTREPRENEURSHIP & ENTREPRENEUR The word Entrepreneurship is derived from the French verb “ENTERPRENDRE” and it literally means “between taker “or “go between”. According to Oxford Dictionary‚ Entrepreneur can be defined as “one who undertakes an enterprise‚ especially a contractor – acting as intermediary between capital and labour” EVOLUTION OF THE CONCEPT OF ENTREPRENEURSHIP Earliest Period An early example of the earliest definition of an entrepreneur as a go between is Marco
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Entrepreneurship are innovators who take it upon themselves to fill in any gap or opportunity that they see or feel that it is not being satisfied by other leading firms in the market. Ronstadt‚ (2002)‚ as cited by Holt‚(2005) defined entrepreneurship as the dynamic process of creating incremental wealth. The wealth created by individuals who assume major risks in terms of equity‚ time and or career commitment or providing value for the same product or service. For some entrepreneurship is an in-born
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An entrepreneur’s success is vital to the success of the world. Without entrepreneurs there would be no fire‚ no wheel‚ no electric bulbs‚ no internet‚ no innovations‚ no businesses‚ no evolution and no us. Entrepreneurship is undeniably the driving force behind a modern economy and global prosperity. Unsurprisingly‚ the most active and dynamic societies in the world are the ones that have the most entrepreneurs. If Lebanon truly wants to become one of those dynamic nations and a leader of
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p Global Entrepreneurship Monitor 2011 Singapore Report Cityscape image on cover page is kindly provided by Mr. Mark Alexander. If you wish to cite this report please use the citation(s) provided below: Olexander S. Chernyshenko‚ David Gomulya‚ Wei Ming J. Phan‚ Yoke Yong Lai‚ Moon-ho R. Ho‚ Marilyn A. Uy‚ Kim Yin Chan & Olwen Bedford. (2012) Global Entrepreneurship Monitor 2011 Singapore Report. Singapore: Nanyang Technological University. Or Chernyshenko‚ O. S.‚ Gomulya‚ D.‚ Phan‚ W.
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Besides that‚ counterfeiting has become the major issue for various types of products in the market. As technology become more sophisticated and cheap‚ many counterfeiters easily copied products that are well-known and established. This also becomes a problem by Moto7 Distribution S/B to overcome as it has to compete with the original products and counterfeit products‚ hence making the market shares become much
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PROJECT REPORT ON SOCIAL ENTREPRENEURSHIP IN THE INDIAN EDUCATION SECTOR SUBMITTED BY ANSHULA MADGULA TYBMS (SEMESTER V) H.R. COLLEGE OF COMMERCE AND ECONOMICS PROJECT GUIDE PROF. AMEYA AMBULKAR SUBMITTED TO THE UNIVERSITY OF MUMBAI DATE OF SUBMISSION: NOVEMBER 16‚ 2013 DECLARATION I‚ Anshula Madgula of H.R. College of Commerce & Economics of TYBMS (SEMESTER V)‚ hereby declare that I have completed this project on ‘SOCIAL ENTREPRENEURSHIP IN THE INDIAN EDUCATION SECTOR’ in the Academic
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Introduction Entrepreneurship is a phenomenon that is driving the world economy today and aptly so because entrepreneurship is the process of creating economic and social value by means of taking risks‚ creating and exploiting opportunity and generating new ideas. Entrepreneurship is all pervasive and can exist in any industry and market. Also‚ entrepreneurship is not limited to creating new ventures; entrepreneurship also exists in large corporations like Google and 3M where employees are encouraged
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describes social entrepreneurship differently. While many have been able to describe the traits and features of a social entrepreneur there doesn’t seem at all to be a consensus about the definition of what constitutes the field of social entrepreneurship. Susan Davis and David Bornstein in their book‚ Social Entrepreneurship: What Everyone Needs to Know define social entrepreneurship as “a process by which citizens build or transform institutions to advance solutions to social problems such as poverty
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THE ROLE OF ENTREPRENEURSHIP IN INDIA’S FUTURE ECONOMIC DEVELOPMENT The progress of Indian economic development from 1947 to the present provides further evidence that individuals do respond to incentives in their pursuit of self-survival and accumulation of wealth. Further‚ the nature of this response depends on the economic climate‚ particularly the role of the government. India’s economy struggled as long as it was based in a system of government regulation with little interaction with
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Chapter 5 ENTREPRENEURSHIP DEVELOPMENT ENVIRONMENT Entrepreneurship is not an inborn skill; it is a product of environment. It involves a complex of economic and social behavior. To be successful‚ an entrepreneur has to remain dynamic and responsible to the whole environment. Entrepreneurship can hardly survive under any given circumstances. It can flourish only under right environment. It is a part of total system. The social values‚ culture‚ government policies‚ political system‚ technology
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