Entrepreneurship and Small Business Management

Entrepreneurship
and Small
Business
Management

INTRODUCTION
Entrepreneurship is the process of launching, designing and
running a new venture in the global market (Brush and
Welter, 2019). Whereas, entrepreneurs are those who are
accountable in taking high risk for the business growth and
development. They are contributing more in the upliftment
of the nation economy because new and small businesses
are generating huge job opportunity for the general public.

Different typology of
Entrepreneurship
Social entrepreneur typology- It consist those kind of entrepreneurs
who are passionate to work for the welfare of the society and
dedicated to solve social issues in order to improve the living
standard and life style of specific community in an effective manner
(Kunaka and Moos, 2019). This type of entrepreneurship consist
non governmental organisation, charity firm and trusts etc. These
firms are basically offer social services to resolve social problems.