You Are Browsing ‘Entrepreneurship Development’ Category

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 Phases of  Entrepreneurship development programme (EDP) It is said that an economy is an effect for which entrepreneurship is a cause. Entrepreneurship development has, therefore, become a matter of great concern in all developed and developing countries all over the world. But the real problem is how to develop entrepreneurship. Entrepreneurship development programme(EDP)...

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Measures to boost the Entrepreneurship Development Programme in India   Government of India has made an excellent attempt through various reforms and schemes to boost the development of new entrepreneurship in India. The following strategies for entrepreneurship development in India may be suggested. 1.Creating Awareness Of Entrepreneurship In order to shift...

Need for Entrepreneurial Development Programme in India The trained and successful entrepreneur becomes ideal for others. The talents of entrepreneurs can be raised by undertaking Entrepreneurship Development Programme (EDP). The need for EDP can be visualized from the following explanations: i. EDP facilitates in removal of industrial slums because it leads for...

Entrepreneurship Development Program   Meaning As the term itself denotes, EDP is a programme meant to develop entrepreneurial abilities among the people. In other words, it refers to inculcation, development, and polishing of entrepreneurial skills into a person needed to establish and successfully run his / her enterprise. Thus, the concept of entrepreneurship...

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Entrepreneurial Competency   Meaning The business operation is considered to be very complex in a competitive business environment, which is constantly changing with fast technological advancements. An entrepreneur is expected to interact with these environmental forces which require him to be highly competent in different dimensions like intellectual, attitudinal,...

Problems faced by Entrepreneurs   Entrepreneurs face a number of problems in the promotion of units and during production,marketing,distribution,procurement of raw material,and availing of incentives offered by the State government. The problems of entrepreneurs may be divided into two groups-external and internal.External problems are those, which result from...

SPECIFIC ENTREPRENEURSHIP CHALLENGES IN  INDIA   The following are the important challenges faced by Indian Entrepreneurs. 1. Family Challenges: Convincing to opt for business over job is easy is not an easy task for an individual. The first thing compared is – Will you make more money in business of your choice or as a successor of family business. This is where it becomes almost impossible to convince that you can generate more cash with your passion than doing what your Dad is doing. 2. Social Challenges: Family challenges are always...