According to Schumpeter's concept, "Women who innovate, imitate or adopt a business activity are known as women entrepreneurs".

Intrapreneur is one who thinks and acts like an entrepreneur for the firms development during the course of employment in an organisation.

(i) Planning
(ii) Organising
(iii) Directing
(iv) Controlling
(v) Co-ordination

(i) Spirit of Enterprise,
(ii) Self confidence,
(iii) Flexibility,
(iv) Innovation.

A consortium of Women Entrepreneur of India (CWEI) are rendering the following functions:
(i) They are acting as a springboard for enterprises started by the women.
(ii) It is helping women achieve high economic empowerment.
(iii) It is acting as a catalyst to improve the access of womenfolk to natural resources.
(iv) It is providing technological support in the sphere of product design and development in the case of women-owned enterprises.
(v) It is providing quality control, marketing and technological supports to women-owned enterprises.
(vi) It is spreading knowledge to women entrepreneurs about various government schemes.

i) Production or Manufacturing : The efficient and effective performance of production function depends on the proper production planning and control to a major extent.
ii) Marketing : The term marketing mix denotes the combination of four components namely product, price, promotion and physical distribution.
iii) Accounting : Entrepreneur has to arrange to prepare trading and profit and loss account in order to know the financial position.
iv) Finance : An entrepreneur has to take decisions like choosing the right type financing framing the best dividend policy, acquiring of funds, efficiently. Managing fixed and current assets.
v) Human Resource Management : Entrepreneur has to estimate the manpower needs of the enterprise and accordingly decide the size of manpower required for various slots of organisational structure.

The commercial functions of entrepreneurs are :
(i) Production or Manufacturing
(ii) Marketing
(iii) Accounting
(iv) Finance
(v) Human Resource Management
(i) Production or Manufacturing: Under production function, entrepreneur has to take decision relating to selection of factory site, design and layout, type of products to be manufactured, research and development, product design etc.
Marketing : Entrepreneur has to carry out following functions pertaining to marketing aspect namely consumer research, product planning and development, standardisation, packaging, pricing, warehousing, distribution, promotion etc.
(ii) Accounting :Entrepreneur has to arrange (v) to prepare trading and profit and loss account in order to know the profit or loss incurred out of operation of the business and prepare balance sheet to know the financial status of business at a particular day.
(iv) Finance : In the sphere of financial function, an entrepreneur has to take decisions like choosing the right type of financing,framing thebest dividend policy, acquiring of funds, efficiently managing fixed and current assets, maximising shareholders wealth and investing offunds efficiently and effectively.
Human Resource Management: Entrepreneur has to estimate the manpower needs of the enterprise and accordingly decide the size of manpower required for various slots oforganisational structure.After determining the required man power the entrepreneur has to organise the performance of following functions pertaining to human resources namely arranging for. recruitment, selecting manpower, induction and training, determining compensation structure and inentives, designing motivation programmes, structuring well being measures for employees, putting in place safety mechanism at work place, performance evaluation and career advancement and structuring social security programmers.

According to J.A. Schumpeter Joseph A. Schumpeter, "Entrepreneurship is essentially a creative activity. It consists of doing such things as are generally not done in ordinary course of business. An entrepreneur is one who innovates, i.e. carries out new combination or enterprise''.

Characteristics of Entrepreneur.
1. Spirit of Enterprise :
Entrepreneur should be bold enough to encounter risk arising from the venture undertaken.Entreprenour should not get discouraged by setbacks or frustrations cmerging during the course of entrepreneurial journey.
2. Self Confidence :
Entrepreneur should have a sclf confidence in order to achieve high goals in the business. The negativities like inconvenicnce, discomfort, disappointments, rejections, frustrations and so on should not weaken his steely resolve to make the venture a grand success.
3. Flexibility:
Entrepreneur should not doggedly stick to decisions in a rigid fashion. Entrepreneur should change the decisions made already in the light of ever-changing business environment.
4. Innovation:
Entrepreneur should contribute something new or something unique to meet the changing requirements of customers nanely new product, new method of production or distribution, adding new features to the existing product, uncovering a new territory for business, innovating new raw material etc.
Resource Mobilisation :
Entrepreneur should have the capability to mobilise both tangible inputs like manpower, money materials,technology, market, methodetc. Which are scattered over a wide area and certain intangible inputs like motivation, morale and innovativeness cannot be purchased in the market outright.
(vi) Hard work :
Entrepreneur should put in strenuous efforts and constant endeavours to accomplish the goals of the venture successfully. They have to courageously face uncertainties, risks and constraints.

(c) PMRY - Prime Minister's Rural Yojana

(d) SEWA - Self Employed World Association