October 15, 2008

Kinds of Entrepreneurs

Innovating entrepreneurs
“He is the one who introduces something new into the economy or employs a new technique of
production”.


Imitating Entrepreneur
“They lap up innovations originated by the innovative entrepreneurs. They are suited to developing countries which are not able to take up expensive research”

Fabian Entrepreneurs
“They are very cautious and skeptical in adopting and implementing any change. They are lazy and shy and lack the will to adopt new methods. They follow the old traditions and avoid risk taking”.

Drone Entrepreneurs
“Inert and traditional, they are hurdles in economic development. They struggle to exist, not to grow”.



Reference:
Aitken, Huge J (exploration in enterprise, Harvard University press page46

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