Entrep2

• 90% of all businesses are small, with fewer than 100 employees
• Disadvantages of owning your own business

  • Working long hours = Exhausted
  • Uncertain income = Lack of stability
  • Being fully responsible = You are it
  • Risking one's investment = Big risk
• Types of Entrepreneurs

  • Innovative entrepreneur
  • Imitating entrepreneurs
  • Fabian entrepreneurs
  • Drone entrepreneur
  • Social entrepreneurs
• Relevance of Entrepreneurship to an Organization

  • Development of managerial capabilities
  • Creation of organizations
  • Improving standard of living
  • Means of economic development
• How can you become an Entrepreneur?

  1. Most entrepreneurs possess specific qualities/characteristics that set them apart

  2. These qualities can be learned, developed, and practiced
• 62% of these businesses are based out of a person's home
• Advantages of owning your own business

  • Being your own boss = Freedom
  • Doing something you enjoy = Fun
  • Opportunity to be creative = Innovate
  • Set your own schedule = Flexible
  • Job security = Control your own destiny
  • Make more money = Unlimited potential
  • Recognized in the community = Respect
• Entrepreneur

  • An individual who undertakes the creation, organization, and ownership of the business
  • They accept the risks and responsibilities of business ownership to gain profits and personal satisfaction
• Concept of Entrepreneurship

  • The word "entrepreneur" was derived from the French verb enterprendre, which means "to undertake"
  • Entrepreneurs are innovators, willing to take risks and generate new ideas to create unique and profitable solutions to present-day problems
• Means of economic development means that not only the life of the entrepreneur is improved but also the society where the business is located
• Career Opportunities of Entrepreneurship

  • Business Consultant
  • Teacher
  • Researcher
  • Sales
  • Business Reporter
• Entrepreneurship is an economic activity involving the creation and operation of an enterprise to create value or wealth
• Environmental Factors affecting entrepreneurship

  • Political
  • Climate
  • Legal system
  • Economic conditions
  • Social conditions
  • Market situations
• Entrepreneur Personality Factors

  • Initiative
  • Proactive
  • Problem Solver
  • Perseverance
  • Persuasion
  • A Planner
  • Risk-taker
• Core Competencies in Entrepreneurship

  • Economic and dynamic activity
  • Innovative
  • Profit Potential
  • Risk bearing
• The entrepreneur can be compensated by profit coming from the operation and needs to bear risks
• Improving standard of living means that entrepreneurship can lift up the economic status of an individual
• Entrepreneurs constantly look for new ideas and need to be creative
• Benefits of entrepreneurship

  • Creation of organizations
  • Improving standard of living
  • Means of economic development
• Common Entrepreneurial Competencies

  1. Decisive

  2. Communicator

  3. Leader

  4. Opportunity seeker

  5. Proactive

  6. Risk Taker

  7. Innovative
• Factors Affecting Entrepreneurship

  1. Entrepreneur Personality Factors

  2. Environmental Factors
• Applicates of Recomb
• It is simply the process of using recombinant DNA (ONA) sechnology to alter the genetic makup of an organism
• The introduction of recombinant DNA technology pwed the way is deveking different concepts and interventions in the held of biology Because of the different problems occurred is the societs, people began to discover many things to len the problems encountered. This is the reason why such developments were done. Below are the important applications of recombinant DNA technology
• Important applications of recombinent DNA technology

  • applications in medicines
  • indoialappation
  • APPLICATION IN CROP IMPROVEMENT
• Applications in medicines

  • Production of crep plants can improve its yield is onderso
  • increase the photothe rate of crop plants
  • C3 plants must be converted in C plants through proplare func
  • Recomast DNA technology C4 plants have higher potential rate of biomass production
• Applications in crop improvement

  • Di
  • Gevelopment of Trampenic Plants
  • Development of Cereal Crops
  • Development of Cont
• Development of Tangenic Plants

  Tangenic plants are genetically altered plants which contain imported genes. Through recombinar DNA technology maly med plats can rest may tolerate drought and metal toxicity
• Development of Cereal Crops

  Through gene engineering, bacterial genes can be trandered to cereal coas (wheat, rice)
• Examples of applications in medicines

  • A crebred of a carnation pink Denthas corpophy and Sweet
  • Pest restant GM crees (cotton and maize) often called as crops
  • It was genetically modded so they are toxic to certain insects
  • Biological Nitrogen Fiation (BNF) Rice sorghum, sugarcane, maise, same grasses which are grown in tropical
• Descriptions of applications in medicines

  • Astteotics are very common and effective cure for erent viral, bacterial or protozoan disene
  • Tetracydin, penici, streptomycin, nowobiacin, and bacitracie are common examples of antibiones produced by microorganisms Improving the microbial
• Examples of antibiotics

  • Tetracycline which is a broad-spectrum rapthacene antibiotic produced semisynthetically from thiortetracycline, an antibiotic solated from bacterium Streptomyces aurefaciens
• Production of Transgenic Animals

  The in which is a hermone used by diabetici usually extracted from pancreas of pigsi cows The structure of this isnis sightly rent from the human insulin which leads to allergic reactions in about 58 patients
• Production of Transgenic Animals

  Introducing preferred genes into an animal to increase variety in selective breeding and ensure better farm animals for marketable benefits
• Insulin used by diabetics is usually extracted from the pancreas of pigs or cows
• The structure of non-human insulin can lead to allergic reactions in some patients
• Production of insulin


  Incorporating human gene into bacterial DNA to produce insulin
• Transfer of antigen coding genes to bacteria


  These bacteria can produce vaccines to protect hosts from infections by the same bacteria or virus
• Examples of vaccines developed through genetic engineering

  • Polio
  • Malaria
  • Cholera
  • Hepatitis
  • Rabies
  • Smallpox
• Physicians can diagnose diseases through recombinant DNA techniques