Definition Of Rural Entrepreneur

We try to point out the specific problem and prospects of rural entrepreneur by surveying.

Definition of rural entrepreneur. When it involves taking risks. A person who attempts to make a profit by starting a company or by operating alone in the business world esp. Definition characteristics types of entrepreneur. The place of entrepreneurial activity is the basis of classifying entrepreneurs into two categories such as rural and urban entrepreneurs.

Done on the role of rural entrepreneurship challenges and opportunities encountered by entrepreneurs. Rural entrepreneurs are those who carry out entrepreneurial activities by establishing industrial and business units in the rural sector of the economy. Rural entrepreneur have problem with less capital shortage of labor lack of technology lack of warehouse facility etc. They are large in number in all the.

Definition of rural entrepreneurship. Urban entrepreneurs are the persons who initiate their venture in the urban area of a country. He s an entrepreneur who made his money in computer software. India is a country of villages.

There is the general agreement between researchers frazier niehm and stoel 2012 and fuller love midmore thomas and henley 2006 that one of the most crucial components of local economic development strategy is rural entrepreneur ship. A propensity fo r entrepreneur ial activity is c onditioned by the ev olution of in stitutional fr ame works and goo d industry e nvironment s. Rural entrepreneur has many problem and prospects. Nearly 70 of its major population reside in villages and their livelihood.

And contribute to the economic development of the country. Mcelwee 2008a further identified a problem of definition in relation to the rural entrepreneur in that they are difficult to identify and classify by type. In other words establishing industrial and business units in the rural areas refers to rural entrepreneurship.