According to Peter Drucker, an entrepreneur searches for change, responds to it and exploits opportunities. An effective entrepreneur converts a source into a resource. One way of converting source into resource is harnessing information and communication technologies. Information and Communication Technology (ICT) may be defined as the technologies involved in collecting, processing, storing, retrieving, disseminating and implementing data and information using microelectronics, optics, telecommunications and computers. Many a times, promoting sustainable livelihoods of the rural people using ICTs is linked to the entrepreneurial development of the rural youth who may turn out to be an agripreneur. Of late, young people started using ICTs for initiating a range of entrepreneurial activities. With ICTs, it is possible to explore low income generation opportunities, involving telephony and the use of mobile-phones, role of young people as information intermediaries, e-commerce and establishment of telecasters. Many such paradigm shifts have been observed for the last one decade and have potential to be generalized for overall agripreneurship and rural development. To achieve the goal of rural development for an economically sound and stable society through environment friendly systems of agricultural production, it is imperative to have a comprehensive Knowledge Management System(KMS).It is a process consisting of identifying valid and potentially useful data; establishment of databases and data warehouse; knowledge discovery from databases/data warehouse (KDD);development of the mechanism of dissemination of knowledge on information networks as per requirements of user groups. It is indeed a boon both for agripreneurship as well as rural development.
