Chapter: 12th Commerce : Chapter 24 : Entrepreneurship Development : Types of Entrepreneurs
Classification of Entrepreneurs According to Area
Classification According to Area
1. Urban Entrepreneur
Entrepreneur who commences his entrepreneurial
activity in urban areas like State Capital, District Headquarters, Towns,
Municipalities etc., They may be industrial entrepreneur or corporate
entrepreneur or retail entrepreneur.
2. Rural Entrepreneur
These are people who start venture in rural
locations. They are provided a lot of economic and fiscal incentives to start
their venture in rural and semi urban areas in order to check the exodus of
rural people to urban centres in pursuit of employment opportunity. Thanks to
their immediate access to material, labour or other facilities at low cost. As
a result the cost of operation of rural ventures tends to be low. Agricultural
and trading entrepreneurs prefer to set up their venture in rural areas.
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