ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT Report on Ecosystem

This report provides an overview of entrepreneurship and small business management, focusing on different types of ventures and the role of entrepreneurs. It explores the backgrounds and experiences of entrepreneurs, using Wang Jianlin and Nandan Nilekani as case studies. The report also examines the entrepreneurial ecosystem, including financial, technological, market, social, and environmental support systems. It concludes by highlighting the significant role small businesses play in boosting the economy. The report includes a discussion of various support systems critical for the success of small businesses. This assignment is designed to offer insights into the key elements of entrepreneurship and small business management.

ENTREPRENEURSHIP AND
SMALL BUSINESS MANAGEMENT

TABLE OF COVER CONTENT

INTRODUCTION
• There are different types of ventures which are started by the single
individuals and invested lots of capitals in order to accomplish various
activities of organisation in proper manner.
• That particular individual is called as entrepreneur and the way he controls
different types of operations of new organization is termed as entrepreneurship.

BACKGROUNDS AND THE EXPERIENCES
HINDERS THE ENTREPRENEURSHIP
• Wang Jianlin Nandan Nilekani

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• Wang Jianlin is belong to middle class family.
• He recruited in the people's Liberation Army at the age of 18 years but at the age
of 17 years he started to perform different types of work in order to earn for their
livelihood.

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• After accomplishing their 18 years, he started to performing their work for the
Xignang District in the city of Dalian.
• He works at the post of administrator during performing his duty in the year
1989 he assigned at the post of general manager of Xingang Residential
Development after that he promoted as the chairman of the Dalian Wanda
Group in 1992 .

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• This is the one of the most remarkable moment of his life. His enterprises earns
approx 21.57 million square metre which are in form of investment property.
• 168 Wanda Shopping Plazas and many others.
• His main achievement was gain in the 2012 he ascertain the biggest theatre
whose name is “AMC Theatre”.

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• Nandan Nilkani is an Indian entrepreneur, bureaucrats and politician.
He is also co- founder of the one of the most reputed service provider
that is Infosys.
• In 2017 he was ascertain the post of non executive chairman of the
Board.

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• He has started his business venture wit the helps their family members. He has
accomplish its academics in IIT Mumbai.
• He perform its responsibility as the CEO from month of March 2002 to April
2007.
• During his service of five years as the CEO of organisation it recorded as 3 billion
which is the largest number of revenues for any company.

Entrepreneurial ecosystem
• it is very important model of the entrepreneurship which aids to grab
different condition which aid to attain growth and success.
• There is special ecosystem which has been developed from a frame
work of eight effective system which aids to several and condition
which contribute to the different structure in single support system.

Financial support
• Due to support ascertain by the members of his family, their relatives,
banks, angel investor and many others.
• This aids to small businesses in order to ascertain effective techniques
and instrument.

Technology support
• It is related with to ascertain support from the government which are related
to funding, implementation of new and innovative technology, which
ascertain support from the different suppliers, innovative technology which
aids to drive the different functions of small business in proper manner.
• It also aids to stand before the various rivals present in the marketplace.

Support of market
• It is concerned with the ascertaining support which are in the form of
different opportunities which are gain by the organisation in the
marketplace.

Social support
• Entrepreneur ascertain support in the form of getting different
types of awards from various trade association, acceptance of
different projects and many others.
• These are the social respects which aids to support the
entrepreneur in proper manner.

Environmental support
• It is concerned with the accessibility of different natural
resources and the conditions of climate which give impact on
the different operation of venture which is responsible to reduce
the performance of organisation.

CONCLUSION
• From the above mentioned report it has been concluded that Small
business plays a significant roles in order to boost the economy of the
nations which aids to increase the productivity and profitability of
organisation in proper manner.

REFERENCES
• Dana, L. P., 2013. When economies change hands: A survey of entrepreneurship
in the emerging markets of Europe from the Balkans to the Baltic States.
Routledge.
• Del Giudice, M. and Straub, D., 2011. Editor's comments: IT and
entrepreneurism: an on-again, off-again love affair or a marriage?. MIS
Quarterly. 35(4). pp.iii-viii.

Thank You