Types of Entrepreneurs in Business Entrepreneurship
The entrepreneur word came from “Entreprendre” word. Many writers stated about entrepreneur. Joseph Cantillon stated that, entrepreneur is primarily an innovator whose dynamic creative response makes him central to promotion to material growth.
J.B. Say stated that, an entrepreneur is one who combined the land of one, the labor of another and the capital to yet another, and thus produce a product. By selling the product in the market, we pays interest on capital, rent land wages to laborers and what requires in his/her profit.
Classification of Entrepreneur:
There has different kind of entrepreneur. That mentioned below…
- Innovative Entrepreneur
- Imitative Entrepreneur
- Fabian Entrepreneur
- Technically skilled Entrepreneur
- Opportunistic Entrepreneur
- Drone Entrepreneur
- Social Entrepreneur
- Part time Entrepreneur
- Immigrant Entrepreneur
- Women Entrepreneur
Who do something completely new innovation. That’s means new product, new service, or new method. New source of materials, new market create, and new method innovating for making entrepreneurship. This kind of entrepreneur all time creates new something.
Imitative entrepreneur is who follow to other innovative things of entrepreneur. Imitative entrepreneur always used to method of another entrepreneur. He/she is follower of innovative entrepreneur. Imitative entrepreneur always inspired by other entrepreneurs. They use technique some differently. But their targeted industry is same. In our society, imitative entrepreneur is more. They don’t take any action firstly, they observe another person. Then they start their activities. Imitative entrepreneur is competitor of innovative entrepreneurs.
This kind of entrepreneur doesn’t want to change quickly. They believe on slowly change. Fabian entrepreneur are very traditional. They believed themselves, so they don’t stop activities. They always try to success but slowly.
Technically skilled Entrepreneur:
This kind of entrepreneur is very knowledgeable & skilled on technical side. There thinking is practical based & believed on applying. They are thinking about science related & high educated entrepreneur. Present time, in this world has more technically skilled entrepreneurs. Specially, information technology expert entrepreneur are working in this world. There easier to getting success in IT sector. Such as, Google, Facebook, twitter, linked In etc. This company’s owners are technically skilled entrepreneurs.
Opportunistic entrepreneur are to be educated, sincere, and very experienced person. They search social and economical opportunity. They are very opportunistic. Opportunistic entrepreneur are risk averse minded. They don’t take more risk. They search a chance for getting new opportunity. They are good performer in job.
This kind of entrepreneur depends on other person (labor). They are very traditional. Drone entrepreneur does struggling for self safety, doesn’t social development. Drone entrepreneur always business or loss/profit minded.
They are one kind of social worker. Social entrepreneur does social development changing. They are total activity for social development related work.
Part time Entrepreneur:
Part time entrepreneur season based entrepreneur. They do business a specific season for extra earning. In technology world, part time entrepreneur are increasing day by day. More people are trying to part time earnings from online by providing product or service and others.
Who, the person goes to other country from self country, and where he/she established a new business or industry, he/she are immigrant entrepreneur. They are high educated and high risk taker person.
When, women innovate a new product, service or method, strategy and take risk for innovative change, the women are women entrepreneur. Present time, women are very innovative. They are trying to new things by information technology. Many women are doing online business from home.
We discussed above some types of entrepreneurs. You can try to be an entrepreneur in any type. Entrepreneur is very important role in a society.