alexa Entrepreneurship development

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Asia Pacific Entrepreneurship Congress

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Entrepreneurship development

Entrepreneurship development is practice, where a group of individual or group of people accepting the risk of starting and running of business. It is a means of through which jobs are created and huge benefits are derived by the public [ Acknowledged four reasons why people take entrepreneurial task namely, opportunities, profit, independence and challenge. Rutashobya also recognized the qualities required of a successful entrepreneur. Such a person should be self–disciplined, self-assertive, action-oriented, highly energetic and tolerant Kurtako . Quoting Olomi also describing the entrepreneur from two different perspectives. Firstly, the entrepreneur is seen as the factor of production that attracts and coordinates the other factors of production. The entrepreneur is therefore the individual who has the ultimate responsibility for the overall direction of a business and bears the risks and rewards of the business.

 

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