The role of an entrepreneur is considered very important.
The importances of entrepreneurs are:
Entrepreneurs occupy a central position in the market economy.
They serve as the ‘spark plug’ in the economy’* engine.
They work for the economic progress of a nation and spread its activities world wide.
They employ their own and borrowed resources for setting up their enterprises.
The entrepreneurs energy, creativity and innovation trigger the production and also of new products and services.
It is the only enterpreneurs who take, the risk in search of profit and seek opportunities to earn profit and strive hard to satisfy the needs.
