Entrepreneurs : Definition, Categories, Styles of Future Entrepreneurs and Their Roles Towards Economic Development

Abstract

The literature review in regard to the definitions, categories, styles of future entrepreneurs and their roles towards economic development can be summarized that the definitions of the entrepreneurs are different based on the background knowledge of the definition providers. However, the core issues of the definitions of entrepreneurs consist of the following dimensions of entrepreneurs as (1) innovation creators; (2) developers; (3) business opportunity seekers; and (4) changers of business opportunities to be markets. The entrepreneurs can be categorized into five types in the following manner: economic development; business types; the use of technology; ownership; and business sizes. The future entrepreneurs consist of eight styles as follows: paying attention to the environment; focusing on ethics; being aware of the channels that provide digital services; having the capacity to manage a flexible employment style; having the capacity for in-depth customer analysis; having the capacity to apply digital technology in all the steps of the production process; focusing on digital networks for borderless transportation; and being able to change business from product manufacturing to be service provision. In addition, it was found that entrepreneurs are an important key by playing a role toward economic development.