The entrepreneurship is not a new phenomenon to the human society. It is as ancient as a mankind. The new doors to innovations and developments are always open by the entrepreneurs. It is also one of the measures to understand the quality and the strength of the society. The way a culture develops and prospers also relates to the treatment given to entrepreneurship, it has been seen that the nation which is self sufficient has a strong economy also attempt to give support to the entrepreneurs. The key to progressive growth and sustainable economic development as well as the welfare and progress of humanity is entrepreneurial development and its management Entrepreneurs enrich the ecosystem and give a boost to economy .The increase in the per capita income and the country‘s productivity indicates the economic growth of the country. Entrepreneurship can also be referred as one of the factors of economic development.
Entrepreneurship in fact brings an end of the influence of foreign thoughts. It is also seen that even during adverse situation, like recession; India was one of countries which saw an increase in entrepreneurial ventures. This shows that people are into new areas of business, if they are motivated in the right direction at right time.
Impact Factor
2022: 6.012
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