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ENTREPRENEURS IN PAKISTAN
Salient Features of Entrepreneurs in Pakistan are:
Age Pattern
“The mean age of entrepreneur was found to be 42 years and of
their enterprises 12 years. It is comparable to the Korean age
pattern (46)”.
Corporate status
Sole owner: He works with his own hands combines the entrepreneur function of
business making investments, taking decisions and
initiating the
performing managerial functions”. Heritage: “Caste played an
important role in certain industries and on the other hand heritage is
dominant. But overall it is much diversified.”
Educational Level
“Differing from industry to industry 60% have school education
and 30% have college or better education only 10% have
professional or graduation level”.
Skills Level
Majority is skilled in family business Most of training is as a family
member. Technically they are very skilled in heredity business.
New generation has professional education
Profitability
“Rate of profit is higher in case of small industries in
comparison with the large industries.”
Potential of Pakistan
in variety of fields
5/20/2015
EXPORTS
Second Largest
Salt mine in
the World Khewra
with 3,00,000 ton
annual
production
CANAL IRRIGATION
Pakistan has the
World’s Largest
canal Irrigation
system in the
World with
58,500 Km
length
Silk Route & Karakoram Highway
Silk Route was trade link
between the East and the
West around 100 BC and
lasted until the 15th
Century.
•CHASNUPP 1-325 MW
13 june 2000
•CHASNUPP 2-325 MW
14 March 2011
•CHASNUPP 3-330 MW 2016
•CHASNUPP 4-330 MW 2017
•KANNUP 1-137 MW
•18 October 1971
•KANNUP 2 - 600 MW
•Work stoped
•KANNUP 3 - 400 MW
•Construction awaited
GWADAR THE FUTURE OF PAKISTAN
PRODUCTION:
1- China-20,817,295 tons
2- India-8,178,300 tons
3- USA-3,349,170 tons
4-Pakistan-2,015,200 tons
Domestic Consumption
1,500,000 (1.5 mln.tons)
sindh: 30%
Balochistan 38%
Punjab 22 %
KPK 10%
2nd largest
MILK PRODUCTION PAKISTAN
CAR MANUFACTURE2010-11
1300-1600 CC (2000 cc Diesel)
Honda Civic- 6408
Honda City- 9294
Suzuki Liana- 614
Suzuki Swift- 4376
Toyota Corolla- 41,419
Suzuki Baleno- 0
Nissan Sunny- 0
Kia- 0
Total= 62,111
MOTOR CYCLE PRODUCTION PAKISTAN
Honda= 5,70,777
Yamaha= 1,14,845
Suzuki= 20,259
Sohrab= 3607
Sohrab Triwheel= 1560
Qing Chi= 21,290
Hero= 41,972
Ravi= 8,38,26,882
Sazgar= 15,699
Habib= 21,659
Total= 8,38,550
INCOME FROM I.T.
• Pakistani reserves from
IT industry will reach $
5 Billion in 2012
• Many American and
European companies
are planning to start
their development
centers in Pakistan as IT
skilled persons are in
abundance in Pakistan
GEM AND JEWELLERY
Pakistan is one of
the Largest Gem
and Jewellery
exporter with
exports of $ 0.75
Billion in 2004 and
will be $ 1.7 Billion
by 2015.
MOBILE PHONES
users in Pakistan 111,126,434 in
October 2011, reaching a tele-
density of 65.2 percent,
Pakistani mobile phone users
exchanged 175.4 billion text
messages in 2010, up from 151
billion text messages in 2009
Mobile phones are growing by
about 1.0 million a month, long
distance rates are down by two
third in five years and 80 %
down for data transmission
2 crore net users in Pakistan
Pakistani internet users
have been on the rise with
accelerated pace, crossing
20 million benchmark with
a greater percentage
accessing the internet via
mobile phones, said
Freedom on the Net in it’s
2011 annual report.
FOREIGN EXCHANGE RESERVES
Foreign exchange
reserves of Pakistan
are 17,790 million
US $ on September
2011 at 59th position
in the world
PAKISTANI SATELLITE
• Pakistan among 7 top
countries in the World
to launch their Satellites
• Pakistan’s PAK SAT is
one of the largest
Domestic satellite
systems.
PAKISTAN SPACE PROGRAM
• Pakistan is one of rare countries to
have a space program, and all the
satellites are build inside Pakistan
by Space and Upper Atmosphere
Research Commission, best known
as SUPARCO is an executive
agency of the Govt. of Pakistan,
responsible for nation's public and
civil space
programme and aeronautics and ae
rospace research.
• Pakistan Remote Sensing Satellite
(PRSS), commercially known
(RSSS) is an dual purpose Earth
Observational and optical satellite
which is schedule to launch by the
end year of 2012 for the
replacement of Badar 2 satellite.
PHARMACEUTICAL
• Very strange facts to be • There is no drug control
disclosed authority in Pakistan
• Medicines registered in • Pakistan only issues
USA 5000 drug licence but donot
• Medicines registered in have any renewal
India 5000 authority
• Medicines registered in • WORLD RECORD BY
Pakistan 55,000 PAKISTAN…….4000
• Medicines registered in medicines registered in
Pakistan from 2008-2012 just one
are 27,000 in just 4 years day…………….wow
EDUCATION
Work Environment
Disruption
Types of Start-Ups
• Lifestyle firm-a small venture that supports
the owners and usually does not grow
• Foundation Company-is created from research
and development that usually does not go
public.
• High-potential venture-has high growth
potential and receives the greatest investment
interest and publicity.
• Gazelles-very high growth ventures.
ENTREPRENEURSHIP IN ECONOMIC
DEVELOPMENT
• More than per capita and income, it involves
change in business and society. This change is
accompanied by growth and increased output,
which allows more wealth to be divided among
the various participants
• Job Creation
– In the past two decades, economic activity has moved in the
direction of smaller entrepreneurial firms, which may be due
to their unique ability to innovate and focus on specialized
tasks.
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Entrepreneurial Firms’ Impact on
Society and Larger Firms
• Impact on Society
– The innovations of entrepreneurial firms have a dramatic
impact on society.
– Think of all the new products and services that make our
lives easier, enhance our productivity at work, improve our
health, and entertain us in new ways.
• Impact on Larger Firms
– Many entrepreneurial firms have built their entire business
models around producing products and services that help
larger firms become more efficient and effective.
1-62
Role of Entrepreneurship in Economic
Development
• Product evolution process-process for
developing and commercializing an innovation
• Iterative Synthesis-the intersection of
knowledge and social need that starts the
product development process
• Ordinary innovations-new products with little
technological change
• Technological innovations- new products with
significant technological innovation
• Breakthrough innovation- extremely unique
innovations that sets the basis for further
innovation.
The future of Entrepreneurship
• In spite of the difference conceptual
perspectives, there are common aspects: risk
taking, creativity, independence & rewards
• The future– we are living in the age of
entrepreneurship!