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Classification bases for entrepreneurs include: Type of Business, Use of Technology, Motivation, Entrepreneurial Activity, Clarence Danhof's Classification, H. Cole's Classification, Ownership, Scale of Enterprise, Area, and Gender.
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Type of Business classification includes Business Entrepreneurs (create ideas to start businesses like Ola/Uber), Trading Entrepreneurs (buying and selling of manufactured goods), Industrial Entrepreneurs (manufacturing activities), Corporate Entrepreneurs (manage corporate undertakings with innovative skills), Agriculture/Agriprenuers (agriculture-related innovations), Retail Entrepreneurs (shops like grocery or medical), and Service Entrepreneurs (restaurants, airlines, beauty parlours).
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Entrepreneurial Activity classification includes Novice Entrepreneurs (starting their first venture), Serial Entrepreneurs (start ventures one after another, growing and selling them), and Portfolio Entrepreneurs (running multiple businesses simultaneously).
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Clarence Danhof's classification includes Innovative Entrepreneurs (introduce new goods, production methods, and lifestyle transformations), Adaptive or Imitative Entrepreneurs (copy and adapt successful techniques from innovators), Fabian Entrepreneurs (traditional, cautious, shy, and lazy; follow old customs and only change when necessary), and Drone Entrepreneurs (rigidly refuse to change traditional production methods even if they suffer losses).
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Use of Technology classification includes Technical Entrepreneurs (focus on technical aspects, product quality, and craftsmanship), Non-Technical Entrepreneurs (focus on marketing techniques and distribution strategies), and Professional Entrepreneurs (interested in starting a business and selling it once established rather than managing it long-term).
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Motivation-based classification includes Pure Entrepreneurs, who undertake activities driven by personal satisfaction, status, and profit motives (e.g., Dhirubhai Ambani).