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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.

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Foundation of entrepreneurship development