Name any ONE entrepreneurial venture in Pakistan and discuss how it has used innovation to create value in order to make it successful.
entrepreneurial venture in Pakistan
(Energy supply and economic stability are interlinked venture)
entrepreneurship opportunities are patronized in Pakistan, to encourage investments by the budding entrepreneurs in the power sector for electricity generation from small hydel plants, nuclear, wind and solar energy projects
Entrepreneurs have shown substantial interest in rental power plants to be installed in Pakistan. More private sector entrepreneurs must come forward to join hands with the government for power sector investment and projects. NEPRA has made considerable progress towards the development of the regulatory regime and future market design for the power sector
GOP guarantees protection against any change in duties and taxes, and against specified “political risks.” Exemption from income tax, including turnover rate tax and withholding tax on import is available to private power generation projects. For hydropower projects, hydrological risk is to be borne by the power purchaser.
Through following corrective action this one used innovation to creat value In order to make it successful:
Government support and Policies,Reforming the Educational Infrastructure,Raising awareness,Promoting equal opportunities,Encouraging and facilitating the international exchange of ‘good practice’,Creating awareness about Self employment,Availability of Financial instruments,Creation of National Commission
Encouraging young entrepreneurs to enhance networking
Establishment of Independent bodies
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