Entrepreneurship Development

Problems faced by Entrepreneurs – Internal and External Problems

Problems faced by Entrepreneurs   Entrepreneurs face a number of problems in the promotion of units and during production,marketing,distribution,procurement of raw material,and availing of incentives offered by the State government. The problems of entrepreneurs may be divided into two groups-external and internal.External problems are those, which result from factors beyond the control of entrepreneurs while […]

Entrepreneurial Process – Different Stages/Steps in Entrepreneurial Process

Entrepreneurial Process – Stages/ Steps   Entrepreneurship is a process, a journey, not the destination; a means, not an end. All the successful entrepreneurs like Bill Gates (Microsoft), Warren Buffet (Hathaway), Gordon Moore (Intel) Steve Jobs (Apple Computers), Jack Welch (GE) GD Birla, Jamshedji Tata and others all went through this process. To establish and […]

Entrepreneurial Process

Entrepreneurial Process   Entrepreneurship is a process, a journey, not the destination; a means, not an end. All the successful entrepreneurs like Bill Gates (Microsoft), Warren Buffet (Hathaway), Gordon Moore (Intel) Steve Jobs (Apple Computers), Jack Welch (GE) GD Birla, Jamshedji Tata and others all went through this process. To establish and run an enterprise […]

Theories of Entrepreneurship

Theories of Entrepreneurship   1) X-Efficiency Theory by Leibenstein Harvey Leibenstein was a Ukrainian-born American Jewish economist. One of his most important contributions to economics was the concept of x-efficiency. The concept of x-efficiency is also used in the theory of bureaucracy. In economics, x-efficiency is the effectiveness with which a given set of inputs are used to produce outputs. If […]

Social entrepreneurship-Introduction,Characteristics,Types,Examples

Social entrepreneurship Meaning Social entrepreneurship is the attempt to draw upon business techniques to find solutions to social problems. This concept may be applied to a variety of organizations with different sizes, aims, and beliefs. The social entrepreneur is a mission-driven individual who uses a set of entrepreneurial behaviours to deliver a social value to the less […]

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