Entrepreneur: The backbone

Entrepreneur or organizer, in the most common parlance is considered to be one of the four major factors of production. However, in the recent times it is revealed that the entrepreneur forms the back bone of the entire production process. it is the organizer's job to coordinate the entire production process by accumulating and assimilating the required raw materials. It is also the entrepreneur's job to make innovations in the economic process which will result in better output. The role of the entrepreneur has become so important that in recent days a new branch of study has come up known as 'Entrepreneurship'. This branch is gaining more and more prominence and this field is becoming more and more popular.