...ENTREPRENEURSHIP: CONCEPT AND DEFINITION Shri Achintya Kr. Baruah, M.Com Associate Faculty Member Indian Institute of Entrepreneurship (Ministry of Industry, Department of SSI & ARI) Government of India Basisthat Chariali, Lalmati, 37, N.H. Bypass, Guwahati - 781029 ENTREPRENEURSHIP • A theory of evolution of economic activities. • A continuous process of economic development. • An ingredient to economic development. • Essentially a creative activity or an innovative function. • A risk taking factor which is responsible for an end result. • Usually understood with reference to individual business. • The name given to the factor of production, which performs the functions of enterprise. • Creates awareness among people about economic activity. • Generates Self-employment and additional employment WHY ENTREPRENEURSHIP • To improve backwardness of the people. • Economic development of the region. • To analysis resource utilization. • Proper utilization of human potentiality. • Special attention to take up new activities. • To create self-employment and generation of employment opportunity. • Eradication of regional imbalances. • Better economic gain. The early history of entrepreneurship in India reflect from the culture, customs and tradition of the India people. The Baliyatra Festival of Cuttack, Orissa reminiscence of past glory of International trade. To process of entrepreneurship therefore passed through the potential roots of the society and all those who accepted entrepreneurial...
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...Business Administration and Management Submission date: 15/12/2011 Course code: MST326 Course title: Entrepreneurship development and Business Environment Submitted by GROUP: INNOVATION Level-3, Semester-II Session: 2008-2009 Faculty of Business Administration and Management Patuakhali Science and Technology University Dumki, Patuakhali-8602 Small Scale Industries of Bangladesh: A Case study of some small scale industries A report On ATTENDANCE SHEET Level: 3, Semester: II Course code: MST326 Course title: Entrepreneurship development and Business Environment Report title: Small Scale Industries of Bangladesh: A Case study of some small scale industries Roll. No. | Reg. No. | Name | Signature | 0803019 | 01881 | Dibakar Chandra Das(GL) | | 0803001 | 01862 | Farjana Khanom | | 0803003 | 01864 | Kazi Riasat Muntahi | | 0803011 | 01873 | Kamrun Nnahar Sila | | 0803018 | 01880 | Md.Nazmul Haque | | 0803021 | 01883 | Hasnain Ahamed Asif | | 0803023 | 01885 | Md. Ali Marjan | | 0803026 | 01893 | Md. Saidur Rahman Sajib | | 0803027 | 01894 | Atia Jahan Siddiqa | | 0803037 | 01906 | Tania akter | | 0803042 | 01912 | MD.Mahbub Alam | | | | | | Accepted by: …………………..………… EVALUATION SHEET Level: 3, Semester: II Course code: MST326 Course title: Entrepreneurship development and Business Environment Roll. No. | Reg. No. | Name | Signature | Report Preparation(10) |...
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...TABLE OF CONTENT COVER PAGE TITLE PAGE APPROVAL PAGE DEDICATION ACKNOWLEDGEMENT ABSTRACT TABLE OF CONTENT CHAPTER ONE INTRODUCTION 1. BACKGROUND OF THE STUDY 2. STATEMENT OF THE PROBLEM 3. PURPOSE OF THE STUDY 4. SCOPE OF THE STUDY 5. RESEARCH QUESTIONS 6. RESEARCH HYPOTHESIS 7. SIGNIFICANCE OF THE STUDY 8. LIMITATIONS OF THE STUDY 9. DEFINITION OF TERMS. REFERENCES CHAPTER TWO REVIEW OF RELATED LITERATURE 2.1 MEANING AND CONCEPT OF ENTREPRENEURSHIP 2.2 HISTROY OF ENTREPRENUERIAL DEVELOPMENT IN NIGERIA. 2.3 ECONOMIC EFFECT OF ENTREPRENUERSHIP IN NIGERIA. 2.4 IMPACT OF ENTREPRENEURIAL DEVELOPMENT IN EBONYI STATE REFERENCES CHAPTER THREE RESEARCH DESIGN AND METHODOLOGY 3:1 RESEARCH DESIGN 2. AREA OF THE STUDY 3. POPULATION OF THE STUDY 4. SAMPLE AND SAMPLING 3.5 INSTRUMENT OF DATA COLLECTION 3.6 VALIDATIION OF INSTRUMENT 7. RELIABILITY OF THE INSTRUMENT 8. METHOD OF DATA COLLECTION 9. METHOD OF DATA COLLECTION REFERENCES CHAPTER FOUR 4.1 DATA PRESENTATION AND ANALYSIS 4.2 TESTING OF HYPOTHESIS 4.3 SUMMARY OF RESULTS CHAPTER FIVE DISCUSSION OF RESULTS AND FINDINGS 5.1 SUMMARY OF FINDINGS 2. CONCLUSION 5.3 IMPLICATION OF THE RESEARCH FINDINGS 5.4 RECOMMENDATION 5.5 SUGGESTION FOR THE RESEARCH BIBLIOGRAPHY APPENDIX CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The worldwide economic depression of the early 80’s caused a rapid deterioration of the Nigeria economy. The...
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...UNIVERSITY OF MODERN SCIENCES COURSE SYLLABUS TITLE: Management for the Entrepreneur CODE: BENT 415 CREDITS: 3-0-3 LEVEL: BBA COLLEGE: BUSINESS PRE-REQUISITES: BENT 301, MARK 201 CO-REQUISITES: NONE LEARNING HOURS: Approx. 45 contact hours, the exact nature of which is specified in the course syllabus LEARNING OUTCOMES On successful completion of this course the learner will be able to: Knowledge K1. Understand the basic concept of entrepreneurship. K2. Identify the misconception and importance of entrepreneurship. K3. Describe various types of business venture. Skill S1. Analyze various market opportunities. S2. Develop effective leadership’s and risk taking skill. S3. Develop an effective communication plan. Competence Autonomy & Responsibility C1. Develop and implement a business plan. Self-Development C2. Develop Vision, Mission, Goals & Objective of Startup Company. Role in Context C3. Interpret various small business opportunities available in UAE. Course Learning Outcomes V.S. Program Learning Outcomes |||||||||||||||||| |||||||||||||||Competence|| |FIN 350|||Knowledge||||Skill||||Autonomy &|Self|Role in| |Investment Analysis|||||||||||||Responsibility|Development|context| |Course|Learning||PLO1|PLO2|PLO3||||PLO4|PLO5||||PLO6|PLO7|PLO8| |Outcomes (CLOs)|||||||||||||||| |Knowledge K1|||x|||||||||||||| |Knowledge K2||||x||||||||||||| |||||||||||||||||| |Knowledge K3|||||x|||||||||||| |||||||||||||||||| |Skill S1|||||||||x||||||||...
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...Progress of Entrepreneurship development in Narayanganj Sadar Upazilla: A Short Case study Entrepreneurship - the process of starting a business; typically a startup company offering an innovative product, process or service is termed as entrepreneurship. The entrepreneur perceives an opportunity and often exhibits biases in taking the decision to exploit the opportunity. Entrepreneurship can be defined by describing what entrepreneurs do. For example: “Entrepreneurs use personal initiative, and engage in calculated risk-taking, to create new business ventures by raising resources to apply innovative new ideas solve problems, meet challenges, or satisfy the needs of a clearly defined market.” It refers to activities related to undertaking the efforts to set up an industry or business establishment. He who takes to establish business is the entrepreneur. Entrepreneurship is an entity of people with the ability to see an opportunity where necessary capital, labor & other inputs operating together & successfully along with know-how skill and have willingness to take the personal risk of success or failure. According to Jean Baptist Say, ‘Entrepreneur is an economic agent to unite all the means of production.’ An entrepreneur is an individual who takes moderate risks and brings innovation. Entrepreneurs are often contrasted with managers and administrators who are said to be more methodical and less prone to risk-taking. According to S.S. Khanka-”Entrepreneurship is a process...
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...[pic] FACULTY OF BUSINESS AND ECONOMICS DEPARTMENT OF BUSINESS ADMINISTRATION Fall 2014 |COURSE CODE AND TITLE |: |MGMT 101 – Introduction to Business I | | | | | |COURSE LEVEL |: |First Semester/First Year | | | | | |COURSE TYPE |: |Area Core | |LECTURERS | | | |Group: 1 | |Turhan Kaymak Office: BE 322 (Business, 3rd floor) | | | |Tel: 630 2745 e-mail: turhan.kaymak@emu.edu.tr | | | | | |Groups: 4, 5 | |Semi Bora Office BE 315 ...
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...Office Phone: 254-710-6640 Office Location: Foster, 210.36 Office Hours: Tuesday, Wednesday, & Thursday 9:00am – 11:00am. Additional times by appointment. Course Description and Objectives: Introductory course in entrepreneurship designed to explore the development of innovative thinking and venture exploration which would ultimately lead to a new venture. In that way, the primary focus of ENT 3320 is on understanding the processes that underpin the emergence of new business ventures. Topics covered include methods and processes of identifying and evaluating new business opportunities, conducting feasibility studies, evaluating methods of new venture financing and identifying the appropriate legal form of organization. In covering these topics students will be presented with current theoretical thinking in the field of entrepreneurship along with the practical tools needed for starting a new business. The course will be interactive in nature with discussion driven lectures, individual and group activities, problem solving scenarios, videos, and case analyses. Guest speakers will visit the class to provide expert knowledge and perspectives on the entrepreneurial process. Learning Initiatives: – Gain insight into the field of entrepreneurship by understanding the characteristics and mindset of entrepreneurs. – Develop an ability to identify and evaluate opportunities within the marketplace, both for new venture creation and within existing companies...
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...The Analysis of Business Decision for the Development Basic of Community Entrepreneurial Training Model at Tenun Ikat Craft Center Bandar Kidul Kediri Hariyono Doctorate Student of Economic Education Universitas Negeri Malang, Indonesia Jl.KH Wakhid Hashim Gg Va No. 17 Kediri. Email: hariyono.org@gmail.com Abstract: Small and micro business becomes one of important parts of the economy of a country. Thus, in order to face the globalization challenges and the economic crisis, it is necessary to study the role of small and medium scale enterprises in supporting the economy sector. One of small industries that plays a role in economic growth and able to survive the turmoil of the crisis is "Tenun Ikat Bandar Center", at Bandar Kidul village, District of Mojoroto Kediri. The goal is to analyze the results of a preliminary study on people's behavior in taking business decisions as a development basis model of the society entrepreneurial training. The approach used is a direct survey on the artisans, weavers and surrounded community, using in-depth interviews instrument on the community’s behavior in conducting their business, internal and external aspects which affect Bandar craftsmen to survive, and make business decisions. Based on the results from preliminary survey, it gained about Tenun Ikat craftsmen and workers’ motivation, self-employed business decisions and internal and external aspects. There should be an effort to raise SME artisans Tenun Ikat Bandar as potential...
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...ENTREPRENEURSHIP AND SMALL BUSINESS A CASE OF A DEVELOPING COUNTRY Abstract This study revolve around the socio-economic structure of entrepreneurship, factors affecting the growth and development of enterprises and problems faced by them. For the purpose of data collection a sample of fifty small scale units was taken and a common schedule of structure questionnaire containing questions of various aspect of entrepreneurship was administered personally to the owner/managing director of each of the units as the case may be. This study is partially exploratory but basically descriptive in nature. From the interpretation and analysis of data collected the result shows that age is not a static phenomenon for entrepreneurship. Those who have less education but have more practical experience and training, enter into the industry early. However, in such cases less education restricts the growth and development of the enterprise. The paper also finds reasons for enterpreneurship, the three was to earn high profits and prosperity. The variables which decide the area of activity or the product line are based on assured market, parental business, experience and revival of the sick unit etc. There are certain irritants that also serve as impediments for the growth of enterprises. For instance competition from small scale units, (28%) financial constraints, high intent ratio and others. Introductionn The prosperity and progress of a nation depends on the quality of its people....
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...Statement Riki Efendi, S.Si Studying about material that can be useful for saving the environment is always interesting for me. I believe that with continuous research and a deeper exploration of materials can give an impressive contribution to make a greener life by minimizing of damaging the nature. Furthermore, by understanding the properties and making some improvement on materials will give us a lot of advantages and a huge relevance in today’s world. I recognize material science as a great opportunity to change the face of world’s aspects and offer many solutions in current global issues, and making a better life of so many people and nature. Related to this idea, I finished my bachelor’s final research entitled “Preparation...
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...TECHNOLOGY ENTREPRENEURSHIP (ENT600) UNIT 2: CREATIVITY, INNOVATION AND TECHNOLOGY ENTREPRENEURSHIP Entrepreneurship Dept, FBM (2009) ENT600/UNIT 2: CREATIVITY 1 Introduction • Discovery of opportunity at the right time and place is the corner-stone of any entrepreneurial success • Technopreneurs need to be creative in discovering new opportunities (in terms of products or services) either through invention or innovation. Entrepreneurship Dept, FBM (2009) ENT600/UNIT 2: CREATIVITY 2 What is creativity? • Creativity can be defined as the production of new and useful ideas as well as the ability to discover new ways of looking at problems and opportunities. • It is the ability to use imagination to develop new ideas, new things or new solutions. These generation of ideas should lead to improved efficiency or effectiveness of a system (Adapted from Fredrick et al., 2006 and Dorf and Byers, 2005) Entrepreneurship Dept, FBM (2009) ENT600/UNIT 2: CREATIVITY 3 Creative ideas often arise when creative people observe established solutions, practices, or products and think of something new or different. Examples ►Creating the “NEW” o Knowledge o Products o Processes o Services o Markets o Business models o Raw materials Entrepreneurship Dept, FBM (2009) ENT600/UNIT 2: CREATIVITY 4 Creativity & Role of Teams • Technology entrepreneurship is at its best when the creativity of a pool of people...
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...“Freedom depends on economic condition even more than political. If a woman is not economically free without self-employment and self-earning she will have to depend on her husband or someone else and dependents are never free”. For a woman, an opportunity to be involved into a productive work is not just a means to create higher income but it is also means to self-respect, to the development of her traits and to a sense of participation in the common purpose of the society. a major change in the status of women in large segments of Indian Society can be made by creating opportunity for independent employment and income . Economic independence creates awareness about their rights. Venturing out of their houses and involving in entrepreneurship have broadened their outlook and mental horizon10 ....
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...La Consolacion College Manila THESIS WRITING GUIDE 2011 (Undergraduate) LA CONSOLACION COLLEGE MANILA 8 Mendiola St., Malacañang Complex, Manila Telephone Nos.: 736-0235 / 313-0513 / Fax: 313-0602 Website: http://www.lccm.edu.ph Thesis Writing Guide June 2011 Prepared by: Dr. Jennifer S. Florida Director, Research and Publications Center La Consolacion College Manila Venancio N. Santos, Jr. Staff, Research and Publications Center La Consolacion College Manila All rights reserved. Published by: Research and Publications Center 231 Gregor Mendel Science Center La Consolacion College Manila 8 Mendiola St., San Miguel, Manila 1005 Telephone: 736 - 0235 (loc 173), 313 - 0509 URL: http://www.lccm.edu.ph Layout: Venancio N. Santos, Jr. La Consolacion College Manila Vision – Mission Statement Vision La Consolacion College Manila is a Catholic educational institution that is inspired by St. Augustine’s vision of the academe that is founded on the primacy of love. It understands the academic community to be above all else, a scholarly fellowship of friends. As an institution of higher learning, La Consolacion College Manila envisions herself to become truly an innovative higher education institution in the Asia-Pacific Rim. Within this decade 2010-2020, LCCM is projected to be veritably influenced by research-oriented instruction that is richly complemented with technology-driven holistic education for lifelong learning, and with strong community...
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...“Cooking MaMa” Project Proposal PART I: PROJECT INTRODUCTION 1.1 Name: Cooking Mama(Cooking媽媽) 1.2 Project Leaders: CHEN Xin Jun (x.chen@polyu.sifehk.org) ZENG Ke (ke.zeng@polyu.edu.hk) |Karen Fu |(karenfu427@gmail.com) | |Karen Chan |(karenchanst@yahoo.com.hk) | |Frankie Lai |(leileifun@msn.com) | |Bernard Ng |(conspecter121@hotmail.com) | |Queenie Chung |(queenie.chung@live.hk) | |Zoei Ti |(zoeiti_@hotmail.com) | |Julie Ma |(juliechiuyu@yahoo.com.hk) | |Winnie Yang |(yuanyuan280@gmail.com) | 1.3 Team Members: 1.4 Project Description: This Project brings together college volunteers, surplus food and free kitchen spaces to create nutritious meals for people affected by food poverty in Hong Kong. 1.5 Project Objectives: 1.5.1 Provide regular free meals to the social vulnerable groups in Hong Kong; 1.5.2 Alleviate food wastage in Hong Kong. 1.6 Target Community: 1.6.1 Hong Kong Sheng Kung Hui Welfare Council(香港聖公會福利協會); 1.6.2 Students from The Hong Kong Polytechnic University (tentative). 1.7 Demonstration of SIFE Principles: | ...
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...FACTORS LEADING TO ENTREPRENEURSHIP 1 FACTORS LEADING TO ENTREPRENEURSHIP Psychological Factors Sociological Factors Personality Traits/Factors Cultural Factors Economic Factors Legal-political Factors Technological Factors 2 PSYCHOLOGICAL FACTORS Need for achievement Propensity for risk taking Self confidence will be driven into engaging in successful entrepreneurial activities Locus of control construct 3 PSYCHOLOGICAL FACTORS (cont’d.) Locus of control construct High self esteem with high internal locus of control exhibiting initiative commitment and perseverance with a high tolerance for ambiguity Individuals differ on perceived locus of control It is perceived to be intentional Individuals with greater internal locus of control take responsibility for rewards following success An individual with a greater locus of control is not affected greatly by either success or failure The involvement results from personal needs regulated by their values beliefs &attitudes 4 PSYCHOLOGICAL FACTORS (cont’d.) Need for achievement High need for achievement – setting goals strategies and working for the attainment of the goal 5 PSYCHOLOGICAL FACTORS (cont’d.) Propensity for risk taking Propensity to take moderate, calculated and controllable risks be it psychic, financial etc Self confidence An individual will be driven into engaging in successful entrepreneurial activities ...
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