Imitative Entrepreneur
(i) Imitative entrepreneur is one who simply imitates existing skill, knowledge or technology already in place in advanced countries.
(ii) A simply re-engineer or redesign the products developed in advanced countries and produce a version suited to their local conditions.
(iii) For example, many electronic products invented in advanced countries are simply re engineered in developing countries.
(iv) Similarly expensive medicines developed in advanced countries are simply reengineered by changing the composition of elements or changing the process of production.
 

(i) Professional entrepreneur is one who is having a rich expertise in starting a venture but lack of interest in continuing the venture as a manager or as a owner.
(ii) He/she simply sells out the venture started by him to someone else after its successful take-off.
(iii) They keep on conceiving new ideas to develop alternative projects.
(iv) These entrepreneurs have got professional expertise in starting the venture and existing it after the establishment.

(i) They nurture desire of starting a particular venture and earning high profit there from and thus attaining a social status.
(ii) They apply their knowledge, skill and insight in making the venture a great success in order to earn maximum profit out of the venture.

(i) political environment is the state government and legislation, public and private state holder
(ii) It has an impact on the business whether in a positive or negative way.

Ventures started by individual either singly or collectively at their own risk after mobilising various resources in order to earn a profit are called private entrepreneurship.

Successful Entrepreneurs in Tamilnadu:
(i) G. Chandramogan Sold his father's agricultural land to mobilize funds for. starting ice cream enterprise in Tamilnadu known as 'Arun Ice-cream' which has emerged as one of the top-notch dairy companies in India.
(ii) Mr. T.V Sundarm Iyengar who started his career as a lawyer shifted his job to Indian railways in the later years and then further shifted to bank Then he started bus service company on his own A in Madurai before nationalization of transport service in Tamilnadu. Now the enterprise has diversified into producing a variety of automobile products under the banner TVS group.
(iii) Mr. Murugappa ChettIar started his career as an apprentice in Burma when it was under the British Colonisation. He returned to India and started his business in diversified fields. Murugappa has transformed his family business into a corporate enterprise.
(iv) Mr. K.R. Nagarajan made a foray into the textile industry, Tirupur was hailed as the 'dollar city' and an undisputed business center. Mr. K .R. Nagarajan chose the road less traveled. His focus was not on the hefty bottom line but on progress and growth for the poor village weaver. Eighteen years of networking with dealers across the length and breadth of South India have ensured Ramraj's leadership in this part of the world.
(v) Mr. N. Natarajan began his entrepreneurial journey with a fruit shop in Coimbatore that he started with his brother in 1965. 'Kovai Pazhamudir Nilayam, a Coimbatore based 40 outlets strong fruit and vegetable retail chain that achieved a combined turnover of Rs.220 crore this year. The retail chain now has 56 outlets spread all over Tamil Nadu and Pondicherry, of which the other brothers operate between them 9 outlets located in different parts of Tamil Nadu.

(i) Pure Entrepreneur:
(a) Pure entrepreneurs are individuals who are propelled to enter into the venture by psychological and economic motives.
(b) They apply their knowledge, skill, and insight in making the venture a great success in order to earn maximum profit out of the venture.
(ii) Induced Entrepreneur:
(a) An induced entrepreneur is one who is inspired to take up entrepreneurial activity thanks to entrepreneurship-friendly policies put in place by the Government.
(b) The government provides a great deal of support in the form of loans, subsidies, the nominal rate of interest, tax breaks, tax holidays, training, import of technology from abroad, concessions for the export-oriented item, allotment of sheds, and lands at subsidised price etc.
(iii) Motivated Entrepreneur:
(a) Motivated entrepreneurs are those motivated to take up venture by the desire for self-fulfilment.
(b) They are motivated to produce and market product or service by the sheer prospect of making a huge profit.
(iv) Spontaneous Entrepreneur:
(a) These entrepreneurs have natural inclination to start a venture.
(b) They are supposed to be bold, optimistic and enterprising persons. They have a passion for meeting the challenges.

1. Innovating Entrepreneur
(a) Innovative entrepreneur is one who is always focussed on introducing a new-project or introducing something new in the venture already started. 
(b) Their innovation may take the form of brand new product, upgraded product, new method of production, reengineering of existing product etc.
2. Imitative Entrepreneur
(a) Imitative entrepreneur is one who simply imitates existing skill, knowledge or technology already in place in advanced countries.
(b) For example many electronic products invented in advanced countries are simply reengineered in developing countries
3. Fabian Entrepreneur
(a) These entrepreneurs are said to be conservatives and sceptical about plasticising any change in their organisation. They are of risk-averse type.
(b) They do not simply change themselves, they change only when they fear than non-adaptability will lead to loss of the enterprise.
4. Drone Entrepreneur
(1) Drone Entrepreneur are those who are totally opposed to changes unfolding in the environment.
(2) Drone never try to adapt themselves with the changes even as a last resort. Example : Global Tooth Power.

(i) Business Entrepreneur:
(a) Business entrepreneur is called solo entrepreneur.  He/She is the one who conceives an idea for a new product/ service and establishes a business enterprise to translate his is idea into reality.
(b) Business entrepreneur takes up production, operations  and pursues marketing activities.
(ii) Trading Entrepreneur:
(a) Trading entrepreneurs are those who restrict themselves  to buying and selling finished goods.
(b) They may be engaged in domestic and international trade. Their core strength lies in distribution and marketing
(iii) Industrial Entrepreneur:
(a) These are entrepreneurs who manufacture products to cater to the needs of consuming public after identifying the need left unfulfilled by the manufacturer hitherto.
(b) Industrial entrepreneurs mobilise the resources of   various types and create an entity to manufacture the  products or service.
(iv) Corporate Entrepreneur:
(a) Corporate entrepreneur is called promoter. He/She entrepreneur takes initiative necessary to start an entity under corporate format.
(b) Corporate entrepreneur assembles all the resources and put in place organisation to run the business on a day-to-day basis.
(v) Agricultural Entrepreneur:
(a) Agricultural entrepreneurs are those entrepreneurs who  raise farm products and market them.
(b) Those who raise allied products like poultry, meat, fish, honey, skin, agricultural implements, flower, silk, fruits,  prawn, etc. are called
agriculturalentrepreneur.