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By

Siva sankar

1225112247

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Basis of classification Brief about different types

Examples

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Business entrepreneur:Business entrepreneurs are those entrepreneurs who conceive the idea ofa new product or service and then translate their ideas into reality.

Trading entrepreneur:As the very name indicates trading entrepreneur is concerned with

trading activities and not manufacturing. Industrial entrepreneur:

As the very name indicates, an industrial entrepreneur is one who sets upan industrial unit.

Corporate entrepreneur:

Corporate entrepreneur is the one who plans, develops and manages acorporate body. Agricultural entrepreneur:

Agricultural entrepreneur is the one who is engaged in the agriculturalactivities.

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Pure entrepreneur:

Pure entrepreneur is one who may or may not

possess an aptitude for entrepreneurship but is

tempted by the monetary rewards or profits to be

earned from the business venture. Induced entrepreneur:

Induced entrepreneur is attracted by the variousincentives, subsidies and facilities offered by the

government.

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Technical entrepreneur:

The strength of a technical entrepreneur is in his skill in

production techniques. He concentrates more on production

than on marketing.

Non-technical entrepreneur:

Unlike technical entrepreneur, non-technical entrepreneur is not

concerned with the technical aspect of the product rather he

spends more time in developing alternative strategies of the

marketing and distribution to promote his business. Professional entrepreneur:

Professional entrepreneur means an entrepreneur who is

interested in floating a business but does not want to manage or

operate it.

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First generation entrepreneur:First generation entrepreneur are those entrepreneur whodo not possess any entrepreneurial background.

Second generation entrepreneur:Second generation entrepreneur are those entrepreneurswho inherit the family business firms and pass it from onegeneration to another.

Classical entrepreneur:A classical entrepreneur is a stereotype entrepreneur whoseaim is to maximize his economic returns at a levelconsistent with the survival of the unit but with or withoutan element of growth.

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Innovating entrepreneur:Innovative entrepreneurs are generally aggressive and possess theart of cleverly putting the attractive possibilities into practice.

Imitative entrepreneurs:Imitative entrepreneurs are characterized by readiness to adopt

successful innovations inaugurated by successful innovatingentrepreneurs. Fabian entrepreneur:

Fabian entrepreneurs are cautions and skeptical in experimentingchange in their enterprises. Such entrepreneurs are shy, lazy andlethargic.

Drone entrepreneur:Drone entrepreneurs are characterised by a refusal to adoptopportunities to make changes in production formulae even at thecost of severly reduced returns.

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Private entrepreneur:When an individual or a group of individuals set up anenterprise, arrange finance, bear the risk and adoptthe latest techniques in the business with theintention to earn profits, he or the group is called asprivate entrepreneur/entrepreneurs.

State entrepreneur:As the name indicates, state entrepreneur means thetrading or industrial venture undertaken by the stateor the government itself.

Joint entrepreneur:Joint entrepreneur means the combination of privateentrepreneur and state entrepreneur who join hands.

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Man entrepreneur Woman entrepreneur

Young entrepreneur Old entrepreneur Middle-aged entrepreneur

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Urban entrepreneur Rural entrepreneur

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Large scale industry entrepreneur Medium scale industry entrepreneur

Small scale industry entrepreneur Tiny industry entrepreneur

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Solo operators Active Partners

Simply partners Inventors Buyers Life timers

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