ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Microsoft. Bill Gates is a very successful technopreneur and the world’s richest person. He is a self-made individual who runs a business and created Microsoft.

Detailed explanation-2: -Technical Entrepreneur: A technical entrepreneur is essentially compared to a “craftsman.” He develops improved quality of goods because of his craftsmanship. He concentrates more on production than marketing. On not much sales generation by and does not do various sales promotional techniques.

Detailed explanation-3: -The various functions of entrepreneurship are Innovation and creativity, Risk taking and achievement and organization and management, Catalyst of Economic Development, Overcoming Resistance to Change and Research.

Detailed explanation-4: -Entrepreneurship examples can be startup companies like BYJU’S, Ola, Flipkart, etc, or it can be any small business that is started by an individual or a group of individuals.