Pub. Date | : June, 2022 |
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Product Name | : The IUP Journal of Entrepreneurship Development |
Product Type | : Article |
Product Code | : IJED010622 |
Author Name | : Shanimon S, Sunil S and Jaseela Thanikkad |
Availability | : YES |
Subject/Domain | : Management Journals |
Download Format | : PDF Format |
No. of Pages | : 15 |
Entrepreneurship is the process of starting a new business or enterprise. Entrepreneurs initiate change in the structure of business and society. This change is accompanied by growth and increased output, which allows more wealth to be divided between the various participants. Thus, entrepreneurship increases the national income and enhances economic development. It can be looked upon as a means of income generation and development. The role of entrepreneurship development is very important in the economic and social development of several sections of people, especially women and socially marginalized groups of Scheduled Castes, Scheduled Tribes, and differently-abled people. They bring economic growth to a country and society at large. Entrepreneurship development is a tool to overcome poverty, unemployment, economic underdevelopment, and social exclusion. This study analyzes the functional relationship between the residual potential of differently-abled entrepreneurs, their educational status, and entrepreneurship development.
In India, the evolution of entrepreneurship can be traced back to centuries-old handicrafts, craftsmen and entrepreneurial people in the village community. The caste-based workers such as farmers, artisans, priests were considered as a compact system of village community. The actual emergence of manufacturing entrepreneurship in India was in the second half of the 19th century under British rule although prior to 1850, some stray attempts were noticeable