1. INCEPTION PAGE-3
2. NATURE PAGE-3
3. DEFINITION PAGE-3
4. HISTORICAL BACKGROUND PAGE-3
5. THE ENTREPRENEUR, FEATURES AND CONTRIBITIONS PAGE-4
6. ECONOMIC DEVELOPMENT PAGE-5
7. ROLE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT PAGE-5
8. ENTREPRENEURSHIP ASPECTS OF DEVELOPMENT PAGE-6
9. DEVELOPMENT FUNCTION OF AN ENTREPRENEUR PAGE-7
10. ENTREPRENEUR & ENTREPRENEURHIP-BANGLADESH PERSPECTIVE PAGE-7
11. ENTREPRENEUR vs. MANAGER RELATIONSHIP PAGE-8
12. NEW VENTURE CREATION: ENTREPRENEURS PAGE-8
13. IMPORTANCE & WEAKNESSES OF ENTREPRENEURSHIP DEVELOPMENT IN BANGLADESH PAGE-10
14. ENTREPRENEURSHIP DEVELOPMENT PROCESS PAGE-11
15. CONCLUSION PAGE-12
Entrepreneurship and economic development are intimately related. So, that entrepreneurial process is a major factor in economic development and the entrepreneur is the key to economic growth. Whatever be the form of economic and political set-up of the country, entrepreneurship is indispensable for economic development. Entrepreneurship is an approach to management that can be applied in start-up situations as well as within more established businesses.
Entrepreneurship is the study of taking calculative risks in both creating new enterprise and managing as enterprise when already created requiring effective operation. Other, an entrepreneur is a person who starts an enterprise, searches for change and responds to it. Entrepreneurship is the practice of starting new organizations or revitalizing mature organizations, particularly new businesses generally in response to identified opportunities.
1. It should be combination of current & potential changes with over the enterprise along with business environment.
2. It has a strategic decision.
3. It should facilitate & foster strategic thinking of change with financial impact.
Entrepreneurship is an entity of people with the ability to see an opportunity where necessary capital, labor & other inputs operating together & successfully along with know-how skill and have willingness to take the personal risk of success or failure.
Definitions of an Entrepreneur
Richard Cantillon: An entrepreneur is a person who pays a certain price for a product to resell it at an uncertain price, thereby making decisions about obtaining and using the resources while consequently admitting the risk of enterprise.
4. HISTORICAL BACKGROUND:
The word itself, derived from 17th century French ‘Entreprendre’, refers to individuals who were undertakes meaning those who ‘undertake’ the risk of new enterprise. Early references to the enterprendeur in the 14th century spoke about tax contractors-individuals who paid a fixed sum of money to a government for the license to collect taxes in their region. In this way, entrepreneurship was a common topic in economic essays for much of the 18th and 19th centuries.
ANUPAM BARUA FCMA Present: Sr.DGM- Accounts & Finance, MEGHNA Group Past: Head of Finance KDS Group, Steel Division. A visionary Management Accountant in AIS through Business intelligence having functional knowledge of ERP implementation.View all articles by ANUPAM BARUA