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Understanding Entrepreneurial

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4 views

Understanding Entrepreneurial

Uploaded by

ÁQUA
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Understanding Entrepreneurial

Ecosystem
• Definition,
• Characteristics,
• Core Components,
• Key Government Initiatives,
• Economic Impact

Names of Group Members :


Introduction:

•Purpose of Presentation:
Overview of the entrepreneurial ecosystem, its components,
government support, and economic impact.

•Importance:
Briefly state why understanding this ecosystem is crucial for fostering
innovation and growth.
Defination of Entreprenuerial Ecosystem:

 What is an Entrepreneurial Ecosystem?


 Definition: A network of interconnected elements that support and enable the creation, development, and
success of startups and entrepreneurial ventures.

 Key Points:
 Focus on startups and new ventures
 Includes various stakeholders and support structures
Core Componets:

•Entrepreneurs: Individuals driving innovation and new ventures.

•Startups: Early-stage companies working on new ideas.

•Support Organizations: Incubators, accelerators, and coworking spaces.

•Investors: Angel investors, venture capitalists, and crowdfunding platforms.

•Advisors and Mentors: Providing guidance and support.

•Educational Institutions: Offering education and resources.

•Networking Events and Communities: Facilitating connections and collaboration.

•Government and Policy: Offering support and regulations.

•Research and Development: Driving technological advancements.


Characteristics:

•Dynamic and Interconnected:


•Description: The ecosystem is not static; it evolves with new entrants and shifting dynamics.

•Supportive Environment:
•Description: A collaborative environment that provides resources, mentoring, and funding.

•Innovative and Risk-Tolerant:


•Description: Emphasis on innovation and a culture that accepts and learns from risks and failures.

•Diverse Stakeholders:
•Description: Involves entrepreneurs, investors, support organizations, and more.
Difference between Entreprenuer and Employee

Entreprenuer Employee
 Entreprenuer creates new buisnesses bearing risk  Employee works for a company and performs his
and most profits and rewards assigned role only.
 No compensation.  Fixed compensation.
 Issues instructions and demands.  Has to follow instruction.
 Responsible for every decision.  Not responsible for anything.
 No age limit to retire  Specific age to retire

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