Introduction To Entrepreneurship: Prepared For Class Discussion by Prof.S.Suryanarayanan
Introduction To Entrepreneurship: Prepared For Class Discussion by Prof.S.Suryanarayanan
Introduction To Entrepreneurship: Prepared For Class Discussion by Prof.S.Suryanarayanan
Prof.S.Suryanarayanan
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ENTREPRENEURSHIP --definition
A dynamic process of vision, change and creation that requires an application of energy and passion towards the creation and implementation of new ideas and creative solutions.
entrepreneurship is not confined only to creation of enterprises, but also includes creation of the capacity to produce wealth, jobs and income, which are the most direct indicators of economic development Entrepreneurship is neither a science nor art. It is a practice. It has a knowledge base. Knowledge in entrepreneurship is a means to an end; that is, by practice.
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Entrepreneurship categories
Entrepreneurship by chance ( Dr Kurien, Narayana murthy ) Entrepreneurship by need ( Karsanbai Patel ) Entrepreneurship by choice (K Raghavendra Rao )
Challenges of Entrepreneurship
Lack of effective eco system support Inadequate incubation facilities Education and Training Mentoring and coaching Infrastructure challenges Cultural bottlenecks Regulatory challenges High entry barrier working with Government
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Mission: To create an eco-system in India wherein opportunity based and innovative entrepreneurship germinates, sustains and grows leading to creation of a more dynamic and entrepreneurial economy.
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GEMs finding on India Job Growth expectation is second lowest in world ranking On innovation fourth lowest International orientation low
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http://www.thehindubusinessline.com/system/topicRoot/Emerging _Entrepreneurs/