Importance of Entrepreneurship

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Importance of Entrepreneurship
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Pharmaceutical Project Manager

Development of
managerial capabilities 

 Entrepreneurship helps in identifying and developing


Analyzes investments,
managerial capabilities of entrepreneurs.
 An entrepreneur after studying a problem,
 identifies its
alternatives, compares the alternatives in terms of cost and
Review market data, and
benefits implications to choose the best alternative.

Comes up with new promotions for


new drugs and devices
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Pharmaceutical Project Manager

Creation of organizations

Entrepreneurship results into creation of productive
Analyzes investments,
organizations as entrepreneurs assemble and coordinate
physical, human and financial resources and direct them towards

achievement of objectives through managerial skills.
Review market data, and

Comes up with new promotions for


new drugs and devices
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Pharmaceutical Project Manager

Means of
economic development 

Entrepreneurship involves factors whichAnalyzes


are so essential for
investments,
the economic development of a country like:

• Creation and use of innovative ideas,
• Maximization of output from given resources,
Review market data, and
• Development of managerial skills, etc.

Comes up with new promotions for


new drugs and devices
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Pharmaceutical Project Manager

Improving standards of living


 Entrepreneurship helps in making a wide variety of goods and

services available to the society which results into higher
standards of living for the people. Analyzes investments,
 Efforts of entrepreneur raise living standards of people with

pointers like possession of luxury cars, computers, mobile
phones, rapid growth of shopping malls,Review
etc. market data, and

Comes up with new promotions for


new drugs and devices
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Thank
You!

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