Forms of Business Ownerships: To initiate any entrepreneurial activity, an entrepreneur has to select a form of business ownership. In other words, one of the first decisions that an entrepreneur has to take as owner is, how the enterprise should be structured or through which form of ownership it would operate? The forms of businesses […]
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Here in this chapter we will be discussing on the topic sustainable entrepreneurship. As We all know, we are existing in thrilling periods which are categorized by key power changes; there is no requirement for large and difficult infrastructures and companies to convert an idea into a solid explanation. Nowadays, a person that is inspired
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Factors Affecting Entrepreneurship Growth: Entrepreneurship has significantly and positively contributed in the development of many regions of the globe. It reduces the main problems like vast unemployment, poverty reduction, heavy dependence on agriculture, and regional imbalances. Most of the countries of the world are trying to shift their economy from agriculture/horticulture driven to entrepreneurial driven
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India is principally an agrarian economy. About three- fourth of the Indian population lives in country and out of which 75% remains earning its livelihood from agriculture and its allied activities. There is a wide gap between the economic activities of the rural and urban people. Rural Population is more or less dependent on agriculture
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Theories of entrepreneurship: “Entrepreneur” and “entrepreneurship” are the two synonymous words for many people. The person is called as entrepreneur who starts his own business which is different from the existing businesses in the market. Consensus on standard behavioral definition of entrepreneurship is still missing, but there are various theories of entrepreneurship which elaborate the
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FUNCTIONS OF A ENTREPRENEURS: Countries economic development in present mscenario depends majorly upon the entrepreneurial development and thus making entrepreneurship important. Industrial development, employment generation and overall development of countries depend upon entrepreneurial development. We can summarise here that entrepreneurs make then foundation of industrial development and thus foster regional development. i. FUNCTIONS PERFORMED BY
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