ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -an entrepreneur who hops from one company to another to act as the innovation champion, providing creative and efficient solutions.-Entrepreneurs are reactive rather than passive. They address issues, problems, and challenges before they come rather than when they already happened.

Detailed explanation-2: -1. Prime mover: This entrepreneur sets in motion a powerful sequence of development, expansion and diversification of business. 2. Manager: Such an entrepreneur does not initiate expansion and is content just staying in business.

Detailed explanation-3: -Innovative entrepreneurs are individuals who have the capability of creating and bringing innovative products to the market. Innovative entrepreneurship can help professionals develop ideas to successfully manage businesses. Understanding this concept can help you become a successful entrepreneur.

Detailed explanation-4: -Startup Entrepreneurs Startup entrepreneurs have an idea for a new business and are willing to take the risk of starting one. They are driven by the desire to create something new and potentially make a significant impact in their industry.