Types of Entrepreneurship

To do things and

make things

which will give

pleasure to people in

NEW and AMAZING

ways…

It’s MAGIC!

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Social Entrepreneurship

Business Entrepreneurship

Techno Entrepreneurship

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Innovation, market-orientation approaches strengthened by the passion for social equity and environmental sustainability. Ultimately,

social entrepreneurship is aimed at transformational systems change that tackles

the root causes of poverty, environmental deterioration, marginalization and

accompanying loss of human dignity.

“Any creative and innovative solution applied to solve social problems”

(Involves social mission profit and entrepreneurial processes)

-Mohammad Yunus-

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No more charities

Sustainability

Profits for non profits

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CSR–corporate social responsibility

CSV–corporates social value

Human Nature

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PEOPLE PROFIT PLANET

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Adopt a mission to create and sustain social value; not just commercial value

Recognize and persistently pursue new opportunities to serve that mission

Engage in a process of continuous innovation, adaptation, and learning

Act boldly without being limited by resources currently in hand

Exhibit a heightened sense of accountability to the constituencies served and for the outcomes created

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Business for PROFIT

It’s about the study of systems, structure and staffing to make a large corporation stay competitive, innovative and profitable on a sustainable basis

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Joseph Schumpeter defines entrepreneur as

individuals who develop and implement new

combinations of the means of production. He believed

entrepreneurship to be fundamental to economic

development.

Peter F. Drucker also considers innovation and

entrepreneurship very important for promoting well-being in a society.

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The entrepreneurship in technology area and the person who undertakes

Techno-entrepreneurship is termed as Techno-

Entrepreneur

Creating and capturing value for the firm through

projects that combine specialists and assets to

produce and adopt technology

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The difference between technological entrepreneurship from other entrepreneurship types is the

interdependence between scientific and technological change, as well as

the selection and development of new products, assets, and their attributes

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Ultimate outcomes

Target of the ultimate outcomes

Mechanism used to deliver the ultimate outcomes

Interdependence of this mechanism with scientific and

technological advances

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90% of the world’s jobs are created by entrepreneurs

The entrepreneurs keep the sagging economies alive and become the supplier of new products and innovation in the third-world countries

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THANKS A MILLION!! "The best executive is one who has sense enough to pick good people to do what he wants done, and self-restraint enough to keep from meddling with them while they do it." Theodore Roosevelt

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