Thursday, 14 August 2008

New-age entrepreneurs breaking old trends- Corporate Trends-News By Company-News-The Economic Times

Read More Here: "NEW DELHI: The new-age entrepreneur is different in more ways than one. When it comes to business, they are primarily driven by the urge to gain socio-economic independence and implement their ideas compared to those from the pre-1990s, who were mainly driven by factors like family background and market opportunity.

According to a new study on entrepreneurship by the National Knowledge Commission (NKC), while 35% of entrepreneurs who started their business after 2000 were driven by the urge to gain independence, only 12% businessmen had this as a motivating factor in the pre-1990 s. It was family background which drove entrepreneurs before the economy opened up. But the influence of family history as a trigger for entrepreneurship has reduced significantly to only 12% of entrepreneurs post-2000 ."

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