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ENTREPRENEURIAL ROLE OF THE GOVERNMENT 
--AJAY KUMAR JAKHAR
WHY IS THERE A NEED FOR GOVERNMENT ENCOURAGEMENT OF ENTREPRENEURSHIP? 
Entrepreneurs innovate and create employment along with new markets. Entrepreneurship allows the economy to grow because it gives people more jobs, creates new inventions and ideas, national income, better standard of living, regional development ... 
Ajay Kumar Jakhar
WHAT CAN GOVERNMENT ADD TO THE POTTING SOIL THAT ENCOURAGES ENTREPRENEURIAL GROWTH? 
Providing financial assistance through capital investment subsidies 
Reduced regulations 
Guaranteed lending from banks. 
Ajay Kumar Jakhar
GOVERNMENT AS SOCIAL ENTERPRENEUR 
The private investors are solely guided by the consideration of commercial profitability. As a result, public goods and social services are never produced by the private sectors. 
A responsible government must therefore, come up and venture to invest in projects or activities which yield relatively lower and slower returns. The government does so as a social entrepreneur. 
Ajay Kumar Jakhar
IS GOVERNMENT ALWAYS A SUCCESSFUL ENTREPRENEUR? 
The government should contemplate a number of schemes in order to promote efficiency in the operation of public sector units. 
Ajay Kumar Jakhar
CONCLUSION 
The entrepreneurial role of the government is not just confined to the provision of public capital and management; however, it also includes efforts towards overcoming the shyness of the private capital and management. 
Ajay Kumar Jakhar
THANK YOU! 
Ajay Kumar Jakhar

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Entrepreneurial role of the government

  • 1. ENTREPRENEURIAL ROLE OF THE GOVERNMENT --AJAY KUMAR JAKHAR
  • 2. WHY IS THERE A NEED FOR GOVERNMENT ENCOURAGEMENT OF ENTREPRENEURSHIP? Entrepreneurs innovate and create employment along with new markets. Entrepreneurship allows the economy to grow because it gives people more jobs, creates new inventions and ideas, national income, better standard of living, regional development ... Ajay Kumar Jakhar
  • 3. WHAT CAN GOVERNMENT ADD TO THE POTTING SOIL THAT ENCOURAGES ENTREPRENEURIAL GROWTH? Providing financial assistance through capital investment subsidies Reduced regulations Guaranteed lending from banks. Ajay Kumar Jakhar
  • 4. GOVERNMENT AS SOCIAL ENTERPRENEUR The private investors are solely guided by the consideration of commercial profitability. As a result, public goods and social services are never produced by the private sectors. A responsible government must therefore, come up and venture to invest in projects or activities which yield relatively lower and slower returns. The government does so as a social entrepreneur. Ajay Kumar Jakhar
  • 5. IS GOVERNMENT ALWAYS A SUCCESSFUL ENTREPRENEUR? The government should contemplate a number of schemes in order to promote efficiency in the operation of public sector units. Ajay Kumar Jakhar
  • 6. CONCLUSION The entrepreneurial role of the government is not just confined to the provision of public capital and management; however, it also includes efforts towards overcoming the shyness of the private capital and management. Ajay Kumar Jakhar
  • 7. THANK YOU! Ajay Kumar Jakhar