ENTREPRENEURSHIP according to J.B. Say “who unites all means of production and who finds value for products, the re-establishment of the entire capital he employs, and the value for wages, the interest, and rent, which he pays as well as the profit belonging t…
Read moreCreativity is the generation of ideas that result in the improved efficiency and effectiveness. It is the application of person's mental ability and curiosity to discover something new. Invention simply means the idea behind things it involves the d…
Read moreAccording to A Schumpeter “The entrepreneurship is essentially a creative activity or it is an innovative function”. Entrepreneur is who co-ordinating all the factors of production and investing money for the venture 1. Drive and energy level : The ability to work long hour…
Read moreAn entrepreneur characterised self development, creativity, self decision making, and risk taking this are the important entrepreneurial traits. Importance of entrepreneurship 1.provide opportunity for self expression 2. Provide opportunity for growth and development 3. The monetary…
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