Unit 2 | AN Entrepreneur | Class 11 | All Topics

Entrepreneurs are of four types. Innovative entrepreneurs bring new ideas and technologies, like Elon Musk. Imitative entrepreneurs copy and adapt existing models, such as Ola following Uber’s concept. Fabian entrepreneurs are cautious and avoid change unless necessary, like Kodak delaying digital photography. Drone entrepreneurs resist change completely and stick to old ways, as seen with Nokia’s failure to adapt to smartphones.