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1 of 12
 Increasing national production,
 Offering challenging career option,
 Balanced area development,
 Commercializing new inventions & products,
 Making markets more competitive,
 Making society ‘ENTERPRISING’.
TRADITIONAL
BUSINESSMAN
ENTREPRENEURS
 Follow tradition,
 Lack of innovation
& creativity,
 is only seeks for
profit.
 Incubator of new
ideas,
 Always do
innovation &
creativity,
 Makes profit, new
inventions, good
will,
 Risk manager
 Innovating Entrepreneurs,
 Adaptive or Imitative Entrepreneurs,
 Fabian Entrepreneurs,
 Drone Entrepreneurs.
 Incubates new ideas,
 Identifies new opportunities,
 Has a high initiative,
 Is achievement oriented,
 Risk manager,
 High orientation to problem solving,
 Has faith, commitment & quality of
persistence,
 High degree of self-confidence & loves
independence.
 Sensing an entrepreneurial opportunity,
 Converting ideas into reality,
 Developing the business plan,
 Resourcing,
 Establishing an enterprise,
 Managing the enterprise,
 Growth & development,
 Adaptability
 Competitiveness
 Confidence
 Dedication
 Vision & drive
 Honesty
 Entrepreneurs Gamblers,
 Entrepreneurs are born,
 Entrepreneurs are high-tech professionals,
 Entrepreneurs have to be rich,
 Entrepreneurs should have a good knowledge of
English.
Environmental Personal
 Social
 Economic
 Cultural
 political
 Motivational
 Perceptional
 Entrepreneurship
a. Entrepreneurship necessarily
involves the task of sensing
opportunities & innovating
products & services.
b. All Entrepreneurs are self-
employed.
c. Entrepreneurship is the
terminal stage of
entrepreneurial growth.
 Self-Employment
a. Self-employment refers
to full time involvement
in own occupation in
which one may or may
not innovate a product
of service.
b. All Self-employed
persons may not
necessarily be
entrepreneurs.
c. Self-employment is the
middle stage of
entrepreneuria growth.
 Entrepreneurship
 Self-Employment
Prajjawal Upadhyay

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Innovating Entrepreneurs: Characteristics, Process & Myths

  • 1.
  • 2.  Increasing national production,  Offering challenging career option,  Balanced area development,  Commercializing new inventions & products,  Making markets more competitive,  Making society ‘ENTERPRISING’.
  • 3. TRADITIONAL BUSINESSMAN ENTREPRENEURS  Follow tradition,  Lack of innovation & creativity,  is only seeks for profit.  Incubator of new ideas,  Always do innovation & creativity,  Makes profit, new inventions, good will,  Risk manager
  • 4.  Innovating Entrepreneurs,  Adaptive or Imitative Entrepreneurs,  Fabian Entrepreneurs,  Drone Entrepreneurs.
  • 5.  Incubates new ideas,  Identifies new opportunities,  Has a high initiative,  Is achievement oriented,  Risk manager,  High orientation to problem solving,  Has faith, commitment & quality of persistence,  High degree of self-confidence & loves independence.
  • 6.  Sensing an entrepreneurial opportunity,  Converting ideas into reality,  Developing the business plan,  Resourcing,  Establishing an enterprise,  Managing the enterprise,  Growth & development,
  • 7.  Adaptability  Competitiveness  Confidence  Dedication  Vision & drive  Honesty
  • 8.  Entrepreneurs Gamblers,  Entrepreneurs are born,  Entrepreneurs are high-tech professionals,  Entrepreneurs have to be rich,  Entrepreneurs should have a good knowledge of English.
  • 9. Environmental Personal  Social  Economic  Cultural  political  Motivational  Perceptional
  • 10.  Entrepreneurship a. Entrepreneurship necessarily involves the task of sensing opportunities & innovating products & services. b. All Entrepreneurs are self- employed. c. Entrepreneurship is the terminal stage of entrepreneurial growth.  Self-Employment a. Self-employment refers to full time involvement in own occupation in which one may or may not innovate a product of service. b. All Self-employed persons may not necessarily be entrepreneurs. c. Self-employment is the middle stage of entrepreneuria growth.