Introduction to Entrepreneurship

1. Bioentrepreneurship
Submitted To:-
Dr. Mohd. Tashfeen Ashraf
Asst. Professor
SoBt, GBU

2. Submitted By:-
1. Addhyan Negi(18IBT002)
2. Kohsheen Baliya (18IBT014)
Int. B.Tech+M.Tech/M.B.A Biotechnology, 5th Sem
3. Shubhangini Singh (19PBT003)
4. Ilika Kaushik (19PBT004)
M.Tech Biotechnology, 3rd Sem
SoBt, GBU.

3. topic:-
Introduction to Entrepreneurship

4. Entrepreneurship
• Derives from the French words entre, meaning “between,” and
prendre, meaning “to take.”
• Originally used to describe people who “take on the risk” between
buyers and sellers or who “undertake” a task such as starting a new
venture.
Therefore,
• Entrepreneurship is defined as the process by which individuals
pursue opportunities without regard to resources they currently control
for the purpose of exploiting future goods and services.
• Established firms with an orientation toward acting entrepreneurially
practice corporate entrepreneurship.

7. Why do People become
Entrepreneurs?
Be their
own
boss
Pursue
their
own
ideas
Pursue
financial
rewards

8. Other reasons:-
• Their creativity doesn’t fit the corporate
environment.
• They want a lifestyle that isn’t bound to nine to
five.
• They’re passionate about learning.
• Their ideas are unconventional.
• They want to do things.
• They want to change the world.

13. Types of Start-Up Firms

14. Changing Demographics of Entrepreneurs

15. Women Entrepreneurs

20. Women and Entrepreneurship in
India 2019- Survey

21. Minority Entrepreneurs

22. Senior Entrepreneurs

25. Young Entrepreneurs
1. 2.
3.
4. 5.

26. 6.
7.
8. 9.
10.

27. Positive Effects
• Process of creative destruction takes place.
• Innovation.
• Job creation.
• Launch of new and improved products and services.
• Improvement in health and lifestyle.
• Easy life.
• Enhanced productivity
• Sometimes they act as a source of minute and basic
materials for big firms.

28. Negative Effects
• One person, Many roles!
• No fixed time for work.
• Professional-Personal life disbalance.
• A non-regular pay check is scary.
• Origin of a new kind of stress.

29. The Entrepreneurial Process
Deciding to
become an
Entrepreneur
Developing
successful
business ideas
Moving from an
idea to an
entrepreneurial
firm
Managing and
growing the
entrepreneurial
firm