Presented to Prof.Dr.Kazi Ahmed Nabi

Dean.FBA.USTC

Presented by

Omar Faruq

Id:1120

Group:keen orbit

Topic : characteristics and types of entreprenneur,entrepreneur vs management,national benefits of entrepreneurship.

Determination Energy Ability to take calculated risks. Leadership Optimism Need to achieve Versality: Knowledge of product, market machinery &

technology. Creativity Ability to influence others Ability to get well along people

Initiative Flexibility intelligence Pleasant personality Courage Imagination Tolerance for ambiguity Positive response to challenge. Independence Responsiveness to suggestions criticism Efficiency Ability to make decisions quickly

Responsibility Foresight Accuracy Co-operative Profit orientation Ability to learn from mistakes Aggressiveness Commitment Ability to trust workers Sensivity to others Honesty Maturity

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It is the joint efforts of both the general

management and scientific technical

personnel to identify areas for R & D

and the development of new products,

techniques or the improvement of

existing ones.

the internal as well as external Ability to

catch at the right time the fruits of

technological developments.

Administrative entrepreneurship

This is nothing but the ability to initiate and

nurture new venture developments within

the original company with special care.

This stresses the replication or creative imitation of innovative technical achievements made by another firm ---done with appropriate modifications and refinements in case protected property right are involved.

Acquisitive Entrepreneurship This is the ability of the internal management/ entrepreneurs to acquire competitors technical capabilities.

E ĞĞĚ – Đ ŚŝĞǀ ĞŵĞŶƚ

, ŝŐŚŝŶĐĂƐĞŽĨĞŶƚƌĞƉƌĞŶĞƵƌƐǁ ŚŝůĞŵĂŶĂŐĞƌƐĂƌĞ ǁ ŝƚŚŵŽĚĞƌĂƚĞƐĐĂů Ğ͘%

Locus of Control ŽƚŚŽĨƚŚĞŵĨĞĞůƚŚĂƚŶŽƚůƵĐŬŽƌĨĂƚĞďƵƚ

ƚŚĞŵƐĞůǀ ĞƐĐŽŶƚƌŽůƚŚĞŝƌŽǁ Ŷůŝǀ Ğ Ɛ͘% Tolerance for Ambiguity

ǀ ĞƌLJŵĂŶĂŐĞƌĨĂĐĞƐƐŽŵĞĂŵŽƵŶƚŽĨĂŵďŝŐƵŝƚLJďƵƚ ĞŶƚƌĞƉƌĞŶĞƵƌƐĨĂĐĞŵŽƌĞĂƐƚŚĞLJƚĂŬĞŵŽƌĞƌ ŝƐŬ

Tolerance for Risk ŶƚƌĞƉƌĞŶĞƵƌƐďĞĂƌŵŽĚĞƌĂƚĞƌ ŝƐŬĂŶĚŝŶĐĂƐĞŽĨŽƚŚĞƌƐŝƚŝƐůŝŵŝƚĞĚŽŶůLJǁ ŝƚŚƌĞĨĞƌĞŶĐĞƚŽƚŚĞŝƌ

ũŽďƐ͘% Type “A” behavior

dŚŝƐƌĞĨĞƌƐƚŽƚŚĞĚƌŝǀ ĞƚŽŐĞƚŵŽƌĞŝŶůĞƐƐƚŝŵ Ğ͘%

ŽƚŚƚŚĞŐƌŽƵƉƐŚĂǀ ĞƚŚŝƐƚLJƉĞŽĨďĞŚĂǀ ŝŽ ƌ͘%

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Fosters economic growth

In the USA ¾ ths and in our country most of the new

jobs are provided by the entrepreneurs.

Creates new technologies, products & services

Ŷ ƚƌĞƉƌĞŶĞƵƌƐŚŝƉƉůĂLJĂǀ ĞƌLJǀ ŝƚĂůƌŽůĞŝŶƉƌŽŵŽƚŝŶŐŝŶŶŽǀ Ăƚŝǀ ĞƚĞĐŚŶŽůŽŐŝĞƐT ƉƌŽĚƵĐƚƐT ĂŶĚƐĞƌǀ ŝĐĞ Ɛ͘%

^ŽŵĞƚŝŵĞƐŽŶĞĞŶƚƌĞƉƌĞŶĞƵƌŝĂůŝŶǀ ĞŶƚŝŽŶŐŝǀ ĞƐƌŝƐĞƚŽ ŵĂŶLJŽƚŚĞƌƐ͘%

Changes and rejuvenates market competition

ŶƚƌĞƉƌĞŶĞƵƌƐƐƚŝƌƵƉƚŚĞǁ ĂƚĞƌƐŽĨĐŽŵƉĞƚ ŝƚŝŽŶŝŶƚŚĞŵĂƌŬĞƚƉůĂĐ dŚĞŝŶƚĞƌŶĂƚŝŽŶĂůŵĂƌŬĞƚĂůƐŽĞ͘%

ƉƌŽǀ ŝĚĞƐĞŶƚƌĞƉƌĞŶĞƵƌŝĂůŽƉƉŽƌƚƵŶŝƚŝĞƐĨŽƌ ĐŽŵƉĂŶŝĞƐ͘%

Increases productivity

ŶƚƌĞƉƌĞŶĞƵƌƐŚŝƉŚĂƐďĞĞŶƌĞĐŽŐŶŝnjĞĚĨŽƌŝƚƐĚLJŶĂŵŝĐƌŽůĞŝŶƌĂŝƐŝŶŐƉƌŽĚƵĐƚŝǀ ŝƚ , ŝŐŚĞƌƉƌŽĚƵĐƚŝǀ ŝƚLJŝƐƐŝŵƉůLJLJ͘%

ĂŵĂƚƚ ĞƌŽĨŝŵƉƌŽǀ ŝŶŐƉƌŽĚƵĐƚŝŽŶƚĞĐŚŶŝƋƵĞ Ɛ͘%