The Entrepreneur and Practice of Innovation
Shri Ramswaroop Memorial College of Engineering & Management Working Paper No. 05
15 Pages Posted: 11 Feb 2009
Date Written: February 11, 2009
That means a person who have ability to the investment of the capital, utilize all resources of the factor of production, taking decision, and have assumption of risk against the profit. Entrepreneur is a person, who seeking all resource of factor of production, resource management, behavior, cultural, financial, economical and political for establishing, invention and founded enterprise, have assumption of risk against profit and future growth.
There all resource are applies to the economic developments and growth of small scale industry as well as large scale industry.
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