Narayan Institute of
Agricultural Sciences
Submitted to:-
Submitted by:-
Ms. Kumari Jyoti
Abhishek Kumar
(Course Teacher)
B.Sc. Agriculture
Dept. Of Agril. Extension
Roll No. – 19BAG005
26-10-2021
Abhishek Kumar
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Your Most Welcome in my
Presentation On the Topic
Of
Concept of entrepreneur,
entrepreneurship, behaviour and
social entrepreneur.
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Entrepreneur
Social Entrepreneur
Concept of Entrepreneur
Behaviour and
My
Outline
Types of Entrepreneurs
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Entrepreneurship
Concept of Entrepreneurship
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❑ Entrepreneur
An entrepreneur is an individual with knowledge, skill, initiative,
drive and sprite of innovation who aim to achieving goals.
❑ Concept of Entrepreneur
✓ The word “entrepreneur” is derived from
French verb “entrepredre” it means “to
undertake”.
✓ In the early 18th century French economist
Richard Cantillon used entrepreneur to
business.
✓ According to J.B. Say, “An entrepreneur is the
economic agent who unites all means of
production, land of one, the labour of another
and the capital of yet another and thus produces
a product. By selling in the market the pays
rent of land wages to labour, interest on capital
and what remains is his profit.”
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❑ Entrepreneurship
✓ The term ‘entrepreneurship’ is
often used synonymously with
the term ‘Entrepreneur’ though
they are two sides of the same
coin conceptually, they are
different.
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❑ Concept of Entrepreneurship
✓ Entrepreneurship is a process of
identifying opportunities in the market
place, arranging the resources required
to pursue these opportunities and
investing the recourses to exploit the
opportunities for long term gains.
✓ It involve creating wealth by bringing
together resources in new ways to start
and operate an enterprise.
❑ Types of
Entrepreneurs
The classification of entrepreneurs on
the basis of common characteristics.
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Entrepreneur
A. Clarence Danhof
B. Arthur H. Cole
C. On the basis
D. On the basis of
Classification
Classification
of Ownership
Scale enterprise
1. Aggressive/
Innovative
2. Imitative
3. Fabian
4. Drone
1. Empirical
2. Rational
3. Cognitive
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1. Private
2. Public
1. Small Scale
2. Large Scale
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A. Clarence Danhof Classification
1 2 3 4
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Innovative/Aggressive
Imitative/Adoptive
Fabian
Drone
Innovative entrepreneur is
one who assembles and
synthesis information and
introduces
new
combinations of factor of
production. They are
characterized by the smell
of innovativeness.
Imitative entrepreneur is
also known as adoptive
entrepreneur. He simply
adopts successful
innovation introduce by
other innovators.
The Fabian entrepreneur
is timid and cautious. He
imitates other innovations
only if he is certain that
failure to do so may
damage his business.
The word ‘Drone’ means
‘laggards’. These entrepreneurs
are conservative or orthodox in
outlook.
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B. Arthur H. Cole Classification
EMPIRICAL
He is an entrepreneur hardly introduces
anything revolutionary and follows the
principle of rule of thumb.
RATIONAL
The rational entrepreneur is well
informed about the general economic
conditions and introduces changes
which look more revolutionary.
COGNITIVE
Cognitive entrepreneur is well informed,
draws upon the advice and services of
experts and zintroduces changes that reflect
complete break from the existing scheme of
enterprise.
C. On the basis of Ownership
Private
Private entrepreneur is motivated by profit and it
would not entre those sectors of economy in
which prospects of monetary rewards are not
very bright.
Public
In the underdeveloped countries government will
take the initiative to share enterprises.
D. On the basis of Scale enterprise
Small scale
This classification is especially popular in the underdeveloped
countries. Small entrepreneurs do not posses the necessary talents and
resources to initiate large scale production and introduce revolutionary
technological changes.
In the developed countries most entrepreneurs deal with large scale
enterprises. They posses the financial and necessary enterprise to initiate
and introduce new technical changes. The result is the developed
countries are able to sustain and develop a high level of technical
progress.
Large scale
Some new classification of entrepreneurs
Solo operators
Challengers
Buyers
(entrepreneurs)
Active
partners
Life timers
Inventors
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Function of Entrepreneurs
Market
research
Idea generation
Determination
of form of
enterprise
Determination
of objectives
Raising of
funds
Recruitment of
manpower
Procurement of
raw materials
Procurement
of machinery
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Implementation
of the project
Clarity of target
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❑ Characteristics of Entrepreneur
Interpersonal Skill
Need to achieve
Openness to feedback
Sense of efficacy
Analytical ability
Flexibility
09
10
Independence
01
08
02
07
03
06
05
04
Locus of control
Positive self-concept
Hope of success
❑ Behaviour
entrepreneur
• The self-confidence, energy flexibility and
opportunism associated with entrepreneurial
behaviour suggests that entrepreneurs are
individuals who are accustomed to getting
involved and that they expect positive results
from their involvement.
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❑ Element of entrepreneurial behaviour
Self-Analysis Personal Efficacy
Culture and Values
Risk-Taking Behaviour
Technology Backup
❑
Social
Entrepreneurs
✓ A social entrepreneur is a person who pursues
novel applications that have the potential to
solve community-based problems.
✓ Social entrepreneurs have innovative ideas to
solve the world’s most pressing social problems.
✓ They creating products, systems, and solutions
to help change people’s lives.
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❑ Reference
Wikipedia
https://simple.wikipedia.org/wiki/Entrepreneur
Investopedia
https://www.investopedia.com/terms/s/social-entrepreneur.asp
Careercliff
https://www.careercliff.com/types-of-social-entrepreneurs/
Pathak Education Centre
https://www.youtube.com/c/PATHAKEDUCATIONCENTRE
https://www.facebook.com/PathakEducationCentre/
https://www.instagram.com/pathakeducationcentre/?hl=en
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Your Queries
Please…
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Great Thanks
To all
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