In twenty –first century generation may be known as Generation E (Electronic generation) as they are the most entrepreneurial
generation since Industrial Revolution. As many as million entrepreneurs in America alone are younger than age and are actively
trying to start their own business. One third of new entrepreneurs are younger than age and more than 60% of 18 to 29 years old
boys and girls would want to own their own business. (Kabila Gupta)
Entrepreneurship has been at the helm of economic and society for years. Entrepreneurs are the providers of needed services to the
general population and also the sources of innovation. Entrepreneur is defined by Peter F Drucker as “an entrepreneur as one who
always searches for change, responds to it and exploits it as opportunity. Innovation is the basic tool of entrepreneurs, the means by
which they exploit change as an opportunity for a different business or service”.