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Entrepreneurial Development by Dr. M.C. Garg

 


The concept of entrepreneurship has been around for a long time time. Over the past decade, it has re-emerged as if a new discovery had been made do. Usually, anyone who runs a business is called an entrepreneur. The more accurate meaning of entrepreneur is creator enterprise, i.e. a person who organizes, operates and bears the risk of a business plan. Entrepreneurs are people who are aware of the need then gather the necessary manpower, materials and capital to meet this need. The concept of entrepreneurship is an age-old phenomenon that related to an entrepreneur's vision as well as its execution by he. Entrepreneurship is a creative and innovative response to environment. It is also the process of creating a new business by Contractors. Entrepreneurship is a composite skill that includes many qualities and traits such as imagination, risk taking, ability exploitation of factors of production such as land, labor, technology and other factors invisible elements.

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