Entrepreneurship — Revision Notes
CBSE · Class 12 · Biotechnology
Entrepreneurship revision notes for CBSE Class 12 Biotechnology: 4 topics in quick points. Part of the CBSE Class 12 Biotechnology syllabus.
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Get startedKey Topics to Revise
Concept of Entrepreneurship
- The word entrepreneur comes from the French word entreprendre, meaning to undertake.
- An entrepreneur undertakes an activity by seeing a business opportunity.
- An entrepreneur organises the resources needed to start an enterprise and bears the risk involved.
Startup and Sources of Funding
- Startups must be recognised under G.S.R. notification 127(E) dated 16 January 2019.
- A startup should have turnover less than INR 100 crores in any of the previous financial years.
- An entity is considered a startup up to 10 years from the date of incorporation.
Entrepreneurship in Biotechnology
- Biotechnology entrepreneurship combines science and business.
- Biotechnology uses living organisms or parts of living organisms through biological processing to develop new products or methods of production.
- Bio-entrepreneurship means creating value from life science innovation.
Dr Krishna M. Ella and Bharat Biotech
- Dr Krishna M. Ella is the Chairman and Managing Director of Bharat Biotech International Limited.
- He co-founded BBIL with his wife in 1996 in Hyderabad.
- He was born in the village of Nemili in Tamil Nadu.
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Sources & Official References
- NCERT Official — ncert.nic.in
- CBSE Academic — cbseacademic.nic.in
- CBSE Official — cbse.gov.in
- National Education Policy 2020 — education.gov.in
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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