slideshare on entrepreneurship development
- 1. Presented to Prof.Dr.Kazi Ahmed Nabi Dean.FBA.USTC Presented by Omar Faruq Id:1120 Group:keen orbit Topic : characteristics and types of entreprenneur,entrepreneur vs management,national benefits of entrepreneurship.
- 2. Determination Energy Ability to take calculated risks. Leadership Optimism Need to achieve Versality: Knowledge of product, market machinery & technology. Creativity Ability to influence others Ability to get well along people
- 3. Initiative Flexibility intelligence Pleasant personality Courage Imagination Tolerance for ambiguity Positive response to challenge. Independence Responsiveness to suggestions criticism Efficiency Ability to make decisions quickly
- 4. Responsibility Foresight Accuracy Co-operative Profit orientation Ability to learn from mistakes Aggressiveness Commitment Ability to trust workers Sensivity to others Honesty Maturity
- 5. It is the joint efforts of both the general management and scientific technical personnel to identify areas for R & D and the development of new products, techniques or the improvement of existing ones. the internal as well as external Ability to catch at the right time the fruits of technological developments. Administrative entrepreneurship
- 6. This is nothing but the ability to initiate and nurture new venture developments within the original company with special care. This stresses the replication or creative imitation of innovative technical achievements made by another firm ---done with appropriate modifications and refinements in case protected property right are involved. Acquisitive Entrepreneurship This is the ability of the internal management/ entrepreneurs to acquire competitors technical capabilities.
- 7. – Locus of Control Tolerance for Ambiguity Tolerance for Risk Type “A” behavior
- 8. Fosters economic growth In the USA ¾ ths and in our country most of the new jobs are provided by the entrepreneurs. Creates new technologies, products & services
- 9. Changes and rejuvenates market competition Increases productivity