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Entr epr eneur s in Industr y
An industrial entrepreneur is simply a manufacturer ho recognises client requirements and develops products or
services to meet those demands. uch an entrepreneur is product oriented, beginning ith an industrial unit to generate
a product, such as an electronic industry, te tile unit, machine tools, manufacturing unit, and so on.
A g r icultur al Entr epr eneur s
Agriculture has historically been regarded as a lo yielding business. Agriculturists have lately adopted ne and
innovative technology to ma imise productivity resulting in the emergence of agriculture entrepreneurship.
Entr epr eneur s in T echnolog y
he Industrial evolution gave rise to technical entrepreneurs, ho use their technical kno ledge to develop and sell
equipment, tools, and processes. hey are continually innovating in order to make industrial processes more seamless
and efficient. echnical entrepreneurs innovate by applying their technical kno ledge and abilities.
N on- technical Entr epr eneur s
hese entrepreneurs establish a market for technical entrepreneurs by leveraging their skills in providing services. heir
e pertise is in non technical aspects of a product or service, i.e., they are not concerned ith the manufacturing process
but rather ith hat happens before and after it.
Pr of essional Entr epr eneur s
uch an entrepreneur establishes a business, nurtures it and sees it through to self sufficiency. hen the pro ect reaches
that point, the entrepreneur sells the company and begins a ne one, repeating the cycle.
Entr epr eneur s in Inf or mation T echnolog y
I entrepreneurs are those ho pursue entrepreneurship in the realm of information technology I ). he distinction
bet een I entrepreneurs and technical entrepreneurs is that the latter operate in the fields of electronics, mechanical
devices, and even civil engineering, hereas I entrepreneurs are limited to innovation in the field of information
technology.
W omen Entr epr eneur s
As the term implies, omen entrepreneurs are those omen ho start their o n businesses. A gro ing number of
female entrepreneurs are taking the initiative to create their o n businesses, and many of them have made it to the
top.
S ocial Entr epr eneur s
ocial entrepreneurs are those ho focus on generating solutions that benefit society. hey create, fund, and e ecute
solutions for the society, culture, and environment. he terms social innovator and social entrepreneur are used
interchangeably.
Entr epr eneur s f r om a F amily B usiness
hen a family or a person successfully operates a business and passes it do n to the ne t generation, such entrepreneur
is referred to as a family business entrepreneur. he individual to hom the business or the operation of an enterprise is
passed over is not the first generation entrepreneur. he individual continues to carry out all inherited entrepreneurial
operations in the same manner or brings specific technology upgrades to the e isting technique and approach of the
family business.
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