Foundation of entrepreneurship development

FOUNDATION OF

ENTREPRENEURSHIP

DEVELOPMENT.

MEANING Development of entrepreneurs means inculcating

entrepreneurial skills required for setting up operating business units.

It is an organised and ongoing process of enhancing the motivation, knowledge and skills of potential entrepreneurs, arousing and reforming the entrepreneurial behaviour in their day-to-day activities.

CONCEPTS

ENTREPRENEUR-}AN INDIVIDUAL

ENTREPRENEURSHIP-}COLLECTION OF ACTIVITIES

ENTREPRISE-}OBJECT

IMPORTANCE

CAPITAL FORMATION GENERATION OF EMPLOYMENT BALANCED REGIONAL DEVELOPMENT CONSUMER WELFARE

IMPORTANCE

IMPROVEMENT IN LIVING STANDARDS ECONOMIC INDEPENDENCE INCREASING PRODUCTIVITY REDUCTION IN INCOME INEQUALITIES

FEATURES

PERSEVERANCE Independence Risk Bearing EXPLORE OPPORTUNITIES

FEATURES

LOCUS OF CONTROL SENSE OF EFFICACY Technical Knowledge FLEXIBLITY

QUALITIES

ACHIEVEMENT HARD WORK SELF-CONFIDENCE DICISION MAKING

QUALITIES

CREATIVE GOAL ORIENTED ADMINISTRATIVE ABILITY FORSIGHT

SIGNIFICANCE

Helps to Face Competition CHANGES AND INNOVATION Government Revenue INCREASING THE EXPORT TRADE

EXTERNAL INFLUENCES

Social Factors Cultural Factors Economic Factors

THANK YOU !

A HEARTY THANK TO PROF.NEHA MEHTA FOR PROVIDEING US WITH THIS ENLIGHTING AND INTRESTING TOPIC TO PRESENT ON.