Sep 26 , 2017 02:11 AM IST    Screen Reader Access

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An entrepreneur is a person who has possession of a new enterprise, venture or idea and is accountable for the inherent  risks and the outcome.

Brief introduction

An entrepreneur is a person who has possession of a new enterprise, venture or idea and is accountable for the inherent risks and the outcome. The term was originaally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to launch a new venture or enterprise and accept full responsibility for the outcome. Jean-Baptiste Say, a French economist, is believed to have coined the word "entrepreneur" in the 19th century - he defined an entrepreneur as "one who undertakes an enterprise, especially a contractor, acting as intermediatory between capital and labour". A broader definition by French Economist J.B. Say (1800) "The entrepreneur shifts economic resources out of lower and into higher productivity and greater yield.

women empowerment


The Youth Entrepreneurship Toolkit

The role of education in facilitating social and economic progress is well recognized. It opens up opportunities leading to both individual and group entitlements.

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Technology Innovation Management and Entrepreneurship Information Service (TIME IS)

Aims at assisting techno-preneurs to find technologies, projects, funding options and information about policy environment, incentive schemes and industrial infrastructure available in the country covering both the central and state governments.

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National Science & Technology Entrepreneurship Development Board (NSTEDB)

A little more than half a century has passed since the Government initiated a planned development of higher education in the country with the establishment of University Grants Commission in 1953.

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