Question

What is entrepreneurs mobility and its factors affecting and types?

Answer 1

Answer:

Based on the movement and settlement of entrepreneurs (being human beings), entrepreneurial mobility may be classified as follows: 1. Occupational Mobility - means movement or changes in occupation. There are following some important factors influence the entrepreneurial mobility in a given situation and time

Answer 2

Entrepreneurs mobility refers to the changes in the place or location of an entrepreneur in regards to  social economic factors, technical support and knowledge and the availability of resources

Explanation:

• The changes in location for an entrepreneur depends mainly on the availability of resources, markets and suitable environmental conditions for them. The main factors that influence the working of the entrepreneur is the availability of labor, easy availability of raw materials and their accessibility to the markets.
• Entrepreneur mobility is impacted by the economic growth and development, available technical information and knowledge and the cultural factors affecting the growth of entrepreneurs in those regions.  
• The various external environmental factors like the available infra structure, governmental policies, research and development and the norms of the society have major influence on the market conditions.

To know more about entrepreneurs mobility

What is an entrepreneur? Elaborate the qualities of an entrepreneur ?

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