Entrepreneurial Opportunities of Bamboo Base Archery Sports Equipment Production in Manipur: A Case Study

Entrepreneur is a person who accept challenging role to meet personal needs and become economically independent, capable of contributing values in both family and social life. The term “entrepreneur” is defining in a variety of ways and the concept of which is changing from time to time. Kaish and Gilad (1991) defined entrepreneurship as the process of first, discovering, and second acting on a disequilibrium opportunity. Regarded as one of the oldest sporting event, Archery sports have been included in Olympics since the early parts of Modern Olympics. It began to attract young archers in India since 1970's but due to expensiveness, it fails to produce good archers in large number as the cost of one set of FITA bow @ recurve bows ranges from 50,000 to few lakhs. Poor but talented archers cannot afford found good enough learning hands in bamboo bow and arrows that gradually became a good replacement for FITA bow. At this point of time, small scale Entrepreneurial works of Entrepreneurs in Archery Sports Equipment Production become a necessity