1.1 Evolution and Concept of Entrepreneurship: Esbm Notes
1.1 Evolution and Concept of Entrepreneurship: Esbm Notes
1.1 Evolution and Concept of Entrepreneurship: Esbm Notes
ESBM NOTES
Evolution of concept of entrepreneur
The artisans in different parts of India grouped together and developed their
own artifacts and were well known for their quality. The cities like Banaras,
Gaya, Puri, Allahabad and Mirzapur, which were on the banks of Ganga River,
established their own type of handicrafts work. The royal patronage by the local
kings of that period helped artisan industries to flourish. The handicrafts
industry of the time was basically skill based and started as tiny sector.
The population in India grew in the middle age and spread to the full
geographical area. The local kings gave patronage to the handicrafts, silk,
cotton-ware and development of other cottage based industries for
consumption of higher section of the society. The development of agriculture
products like spices, Ayurvedic medicines also flourished in some parts of the
country and started export them. Spices from kerala, Corah from Bengal,
Shawls from Kashmir and Banaras, brass and Bidriware, Silk from Nagpur and
Mysore enjoyed prestigious status in international market till earlier years of
18th century. The craftsmen gathered together in halls, which were called
‘Karkhanas’. Unfortunately the prestigious Indian handicrafts industries which
were basically a cottage and tiny sector declined at the end of 18th century,
because of the following reasons.
Evolution of Entrepreneurship