Entrepreneurship Development

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1 Emerging Trends in Entrepreneurship ISBN Entrepreneurship Development R NAGENDRABABU Asst. Professor, MBA Dept., Sri Mittapalli College of Engineering, Guntur, CellNo: ABSTRACT India is being attacked by baffling problems of over population, unemployment, underemployment, poverty and the like. Entrepreneurship is consistently equated with the establishment and management of small business enterprises and setting up these units is the solution to these baffling problems the success of entrepreneurship in India are inadequate infrastructural facilities, shortage of capital, technical knowledge, and transport, absence of cheap and good quality raw material and shortage of power etc. Entrepreneurs are a very important cog in the machinery of a country s economy. They are absolutely essential to the survival and growth of the economy. This is why developing budding Entrepreneurs is an important function. In fact, India even has an Entrepreneurship Development Institute! Let us learn more about Entrepreneurship. Entrepreneurship development is the process of improving the skills and knowledge of entrepreneurs through various training and classroom programs. The whole point of entrepreneurship development is to increase the number of entrepreneurs. Creating an effective entrepreneurship development program may not be easy but then again, it is not impossible either. By carefully following the ten points above, you are well on your way to creating an entrepreneurship development program that not only benefits your company in the short run but in the long run as well. Key Words: Entrepreneur and Entrepreneurship Development References 1. Arya Kumar: Entrepreneurship, Pearson, Publishing House, New Delhi, VSP Rao, Kuratko: Entrepreneurship, Cengage Learning, New Delhi, 3. K.Ramachandran: Entrepreneurship Development, TMH, New Delhi, B.Janakiram, M Rizwana: Entrepreneurship Development Excel Books, New Delhi, Rajeev Roy: Entrepreneurship, Oxford University Press, New Delhi, P.C.Shejwalkar: Entrepreneurship Development, Everest Publishing House, New Delhi, 2011 B Edited by Research Stars Team (

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