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Entrepreneurship and It'S Evolution: Presented By: Neha Jain

This document discusses the history and evolution of entrepreneurship. It begins by defining an entrepreneur as someone who undertakes an enterprise and takes on risk to potentially profit from a new business venture. The document then outlines key characteristics of entrepreneurs like being risk-takers and innovators. It explores the generations of entrepreneurs throughout history and in India. Finally, it emphasizes that while entrepreneurship carries much risk, it can also drive economic growth and innovation.

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Neha Jain
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223 views

Entrepreneurship and It'S Evolution: Presented By: Neha Jain

This document discusses the history and evolution of entrepreneurship. It begins by defining an entrepreneur as someone who undertakes an enterprise and takes on risk to potentially profit from a new business venture. The document then outlines key characteristics of entrepreneurs like being risk-takers and innovators. It explores the generations of entrepreneurs throughout history and in India. Finally, it emphasizes that while entrepreneurship carries much risk, it can also drive economic growth and innovation.

Uploaded by

Neha Jain
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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ENTREPRENEURSHIP AND

IT’S EVOLUTION

PRESENTED BY: NEHA JAIN


INTRODUCTION
 The word “entrepreneur” is derived from the French verb
“enterprendre”. It means “to undertake” or “to take in
between”. The word “Entrepreneur” was first coined by
Richard Cantillon (1775).
 An enterprise is created by an entrepreneur.
 The process of creation of an enterprise is known as
entrepreneurship.
 In entrepreneurship, there is agreement that we are talking
about a kind of behavior that includes:
1. Take an Initiative;
2. The organizing or reorganizing of social economic
mechanisms to turn resources and situations to practical
account; and
3. The acceptance of risk or failure.
MEANING OF
ENTREPRENEURSHIP
 Entrepreneurship is the process of designing,
launching and running a new business, which is
often initially a small business.
 Entrepreneurship has been described as “The
capacity and willingness to develop, organize and
manage a business venture along with any of its
risks to make a profit.”
CHARACTERISTICS OF AN
ENTREPRENEUR
 Entrepreneur is an agent.
 Entrepreneur is a risk taker.
 Entrepreneur is a profit maker.
 Entrepreneur is an achievement motivator.
 Entrepreneur is a capital provider.
 Entrepreneur is the determinant of the nature of the
business.
 Entrepreneur is an innovator.
 Entrepreneur is a reward receiver.
 Entrepreneur is a challenge taker.
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ENTREPRENEURIAL EVOLUTION:
HISTORY OF OPPORTUNITY
ENTREPRENEURIAL
EVOLUTION IN INDIA
GENERATIONS OF
ENTREPRENEUR
GENERATION X v/s GENERATION Y
AGE COMPOSITION
KEY TAKEAWAY…
 An entrepreneur is an individual who creates a new business,
bearing most of the risks and enjoying most of the rewards.
 An entrepreneur combines capital, land, and labor to
manufacture goods or provide services through the formation
of a firm.
 In a market full of uncertainty, it is the entrepreneur who can
actually help clear up uncertainty, as he makes judgments or
assumes the risk.
 Entrepreneurship is high-risk, but also can be high-reward as
it serves to generate economic wealth, growth, and
innovation.
THANK YOU.!!

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