7.pdf This presentation captures many uses and the significance of the number...
Cpd seminar paper
1.
2. “One who is ready to take risk and
play the role of an innovator in the
field of new business, introduction
of technology and production
methods and effectively organize
human resources and agents of
production and contribute
meaningfully to the socio-economic
development of the society.”
3. An entrepreneur may not always
be an ‘innovator’ but an
‘imitator’ who would be tempted
to copy the success stories of
others.
4. Work for others-climb up the
ladder, or
Take risk and become an
entrepreneur
5. It is precondition for sustained
economic development of a
country.
6. Have motivation to initiate new
ventures using-knowledge,
experience, money, management
capability and take risk.
7. Francois Bernier: (1625-1688) French
Physician traveled to Bengal.
Saw traders in Bengal export through
land and sea-sugar, salt, rice, silk,
cotton, jewelry, ivory to as far away
place as Arabia and Iran
Ship building was a major industry
8. Money lending was a big business (Gopinath
Seth, Ramkrishna seth, Laxmikanth Seth,
Shovaram Basak, Umichand, Jagath Set)
European traders came and the local traders
faced uneven competition from them.
The effect of English Industrial Revolution of
18th
. Century.
From export of finished products we started
exporting raw materials to feed the I/R
9. Pauperization of Bengal began
Successive famines made capital
accumulation impossible
Bengal economy gradually passed on
to the English traders and
entrepreneurs. The existing small
industries and businesses just broke
down.
10. The growth of feudalism brought
about a change in the social
fabric of Bengal.
11. Partition brought displacement of people.
What even entrepreneurship developed it
happened in WB.
Jamindari System (feudalism) was
abolished in 1950.
Some now had capital from the
compensation paid to them by the
government.
12. 1955: First five year plan of Pakistan.
New financial institution (IFC, HBFC,
RRFC, ADFC, ADB, IDB) created.
The local Bengali potential
entrepreneurs did not get much
assistance from them.
Entrepreneurship was concentrated
amongst the non-Bengalis of WP.
13. New countries inherit new
problems.
Problem
1. Rehabilitation
2. Reconstruction
3. Administration
4. International Relations
5. Economic Management
15. 1975-81
Revision of investment policy
Black money whitening
De-Nationalization
16. 1981-90
New Policy:
1. Involvement of Private Sector
2. Public sector focus on basic
and heavy industries
17. 1990s+
Beginning of a new entrepreneurial
era
New opportunities discovered, mostly
in small and medium scale
-Poultry farming
-Cattle rearing -Furniture
-Nursery -Horticulture
-Service -Cane work
-Embroidery -Tailoring
-Food preservation -Small scale
engineering
-Fishing -Glass blowing
-Printing -Non traditional
(alligator
farm, mushroom,
bamboo, ceramic
18. Facilitator of new entrepreneurial
era
General awareness
Public mobility
Informed and educated
generation
Demonstration Effect
Change in attitude from being an
employee to an employer
‘Can do it’ generation.
19. Problems faced by entrepreneurs
Absence of proper policy decision
Lack of proper financial support
Lack of awareness of incentives provided
by the government
Lack of campaign about areas of
entrepreneurship
Lack of proper training facilities of
entrepreneurs
Lack of integrated package
assistance/stimulating, support and
sustaining activities needed for SMEs
(Entrepreneurial Development Cycle.)
20. Entrepreneurial Development Cycle
Stimulatory
Entrepreneurial education
Publicity for entrepreneurial
opportunities
Identification of potential entrepreneurs
Motivational training for new
entrepreneurs
Identifying areas of operation
Making available techno-eco
information
Organizing entrepreneurial forum
21. Entrepreneurial Development
Cycle (Contd)
Support
Registration of unit with govt. agencies
Arranging finance
Providing utilities, land etc.
Guiding procurement of equipments
Guiding sourcing of raw materials
Granting tax relief
Offering management consultancy
Help marketing products
22. Entrepreneurial Development
Cycle (Contd)
Sustaining
Help modernization
Help expansion through diversification
Additional financing
Facilitating quality testing
Help re-engineer products or services
Help find additional market