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Chapter: 12th Commerce : Chapter 24 : Entrepreneurship Development : Types of Entrepreneurs

Classification of Entrepreneurs According to Area

1. Urban Entrepreneur 2. Rural Entrepreneur

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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12th Commerce : Chapter 24 : Entrepreneurship Development : Types of Entrepreneurs : Classification of Entrepreneurs According to Area |


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