The Changing Role of the Entrepreneur
The changing role of the entrepreneur
India’s economic growth rate went from 3.5% in the 1950s to over 9% in 2006, and one of the key factors that drove this growth was the changing role of the entrepreneur. In the 1950s and the ‘60s, businesses were viewed with hostility; this attitude towards entrepreneurs started changing with the cautious steps towards reform in the 1980s, the big bang economic shift of 1991, and the changes that reform and globalization have brought about since 2000. Today, India has among the world’s largest pool of entrepreneurial talent, and Indian businesses have evolved from working in a constrained economy to competing in global markets.
November 17th, 2008 at 1:42 pm
The Entrepreneur has always been seen as a Profit Maker, Money Machine and ‘Order your Men around the Moon’ sort of person. It is rightly said that in 1970s and 1980 the Businessman was seen as a Hungry Horse searching for money. In 1990s the businessmen adopted the term Entrepreneur in order to identify themselves. Today in 2010 they are seen as role models who have successfully generated employment oppurtunities and launch India’s economic and technological dimensions. Today the Entrepreneurs are “The Men who sold the World” to Mars and Venus.
Santosh S
India
November 20th, 2008 at 12:44 pm
In the times of 70’s to 90’s, The entrepreneur term was synonymous to a person who has outperformed his business. but now time has come especily for INDIA and youth as well to conquer the different fields ranging from Agriculture to Infrastructure. The bottomline for any change in Entrepreneur lies in the fact that any start up we are into or we venture, the whole objective of its existense should have been kept in contributing back to the society. the bunch of such objectives will take up the India to the new heights.