ENTREPRENEUR MEANING, TYPES - INNOVATORS, IMITATORS FABIAN, DRONE, LAGGARD, QUALITIES OF AN ENTREPRENEUR

1. ENTREPRENEUR -
TYPES AND
CHARACTERISTICS
R.SUBHA,
ASSISTANT PROFESSOR

2. A person who sets up a business,
taking on financial risks in the hope
of profit.
DEFINITION

3. Types of Entrepreneur
DRONE
ENTREPRENEURS FABIAN
ENTREPRENEURS
INNOVATORS
IMITATORS
LAGGARDS
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Vestibulum
congue Vestibulum
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ENTREPRENEUR
TYPES
LAGGARDS
DRONE
FABIAN
IMITATORS
INNOVATORS

4. INNOVATORS
ONE WHO ASSEMBLES
AND SYNTHESIS
INFORMATION AND
INTRODUCES NEW
COMBINATIONS OF
PRODUCTION.
How??
❏ FORESEE THE OPPORTUNITY FOR
INTRODUCING NEW PRODUCTS, OR
NEW TECHNIQUES OF PRODUCTION,
NEW USAGE OF EXISTING PRODUCTS,
RESTRUCTURING OF THE
ORGANIZATION.
❏ TAKE EFFORTS TO RAISE CAPITAL,
ASSEMBLE MATERIALS, MEN AND
MACHINES AND ESTABLISH THE
ENTERPRISE

5. INNOVATORS

6. IMITATORS
● ALSO KNOWN AS ADAPTIVE
ENTREPRENEUR.
● FOLLOW INNOVATORS LATER
AFTER OBSERVING HOW THEY
BENEFIT.
● IMITATE THE KNOWLEDGE,
TECHNOLOGY AND SKILL
ALREADY AVAILABLE
● CONTRIBUTE SIGNIFICANTLY
TO THE DEVELOPMENT OF
UNDER - DEVELOPED
COUNTRIES.

7. IMITATORS

8. ★ SHY AND LAZY
★ NOT INTERESTED IN
INNOVATION AND IMITATING
ANY NEW TECHNIQUES.
★ THEIR ACTIVITIES
INFLUENCED BY RELIGION,
CUSTOM AND TRADITION
★ NOT READY TO TAKE RISK,
BUT FOLLOW IDEAS OF THEIR
PREDECESSORS.
FABIAN

9. ➔ CONVENTIONAL PEOPLE
WHO RESIST CHANGES.
➔ REFUSE ANY NEW
OPPORTUNITY AND STICK TO
CONVENTIONAL PRODUCTS
AND IDEAS.
➔ NOT MAKE CHANGE IN
PRODUCTION METHODS EVEN
AT LOSSES.
DRONE

10. IMITATORS IMITATE THE KNOWLEDGE AND
TECHNOLOGY OF INNOVATORS?
True False

11. ❏ RESIST CHANGES OF ALL
TYPES.
❏ OPERATE ACCORDING TO
THEIR CONVENTIONS.
❏
LAGGARDS

12. LAGGARDS

13. Drag your dot to how you are feeling:
Keep going, I understand I’m a little confused Stop, I need help!

14. MENTION THE TYPE OF ENTREPRENEUR YOU WANT TO
BECOME -

15. DO NOT MAKE CHANGE IN PRODUCTION
EVEN AT LOSSES
CANT SURVIVE IN MARKET WHEN
PRODUCTS OUTDATED
ADOPT CHANGES
FOLLOW IDEAS OF PREDECESSORS
TAKE NEW EXPERIMENTS
Draw lines to match the image to the answer:
IMITATORS
DRONE
INNOVATORS
LAGGARDS
FABIAN

16. Review
HOW LONG YOU UNDERSTAND TODAY'S TOPIC?