Important Concepts - Lecture 2

1. Introduction to Entrepreneurship
Compiled by: PLAN 9

2. AGENDA OF
THIS LECTURE
Understanding the History of
Entrepreneurship

3. IMPORTANT
CONECPTS
Entrepreneurship
Entrepreneur
Enterprise

4. ENTREPRENUERSHIP, ENTREPRENUER &
ENTERPRISE
Entrepreneurship is the process of
finding solutions to different
problems.
Entrepreneur is the person who is a
solution provider.
 Willingness to undertake new
ventures or initiative.
 Willingness to discover non-
routine actions in a dynamic
way.

5. ENTERPRISE
The enterprising nature of mankind is at least as old as the existence of mankind himself.

6. REASONS FOR RE-
EMERGENCE OF SMALL-
SCALE ENTERPRISE
 New inventions
 Technological changes
 New industries and
subcontracting
 Demand for more services and
variety
 Individual customer requirements
 Unemployment
 Privatization and tax benefits
offered by governments

7. COMPUTER AND TECHNOLOGICAL
REVOLUTION