ENTREPRENEURSHIP

Detailed explanation-1: -Entrepreneurs who only replicate the new inventions created by innovative entrepreneurs are known as “imitative entrepreneurs.” These only copy the technology, procedures, and methodologies invented by others; they don’t actually create any advances of their own.

Detailed explanation-2: -Imitating Entrepreneurs: The imitating entrepreneurs are those who immediately copy the new inventions made by the innovative entrepreneurs. These do not make any innovations by themselves; they just imitate the technology, processes, methods pioneered by others.

Detailed explanation-3: -Imitative entrepreneurship refers to the process of creating a business by copying or adapting an existing concept or business model. These entrepreneurs take an existing business idea, product, or service and replicate it. This is often done with slight modifications in a different market or location.

Detailed explanation-4: -The entrepreneur who creates new ideas are called innovative entrepreneur . 12. These are the entrepreneurs who are to follow the path shown by innovative entrepreneurs. They are called fabian entrepreneur.

Detailed explanation-5: -Innovators are the types of entrepreneurs who come up with completely new ideas and turn them into viable businesses. In most cases, these entrepreneurs change the way people think about and do things.