Entrepreneurship Development: Role of Financial Institutions

Industrial growth and economic development of developing nations depend to a great extent on the role played by entrepreneurs. There are many instances of individual entrepreneurs whose creativity has led to the industrialization of many nations. However, in India the economic and industrial growth was slow due to lack of efficient entrepreneurs, industrial environment, technical know-how, incentives and last but most important, the availability of finance. After independence, government and financial institutions have played a very important role in the entrepreneurship development. This study is an attempt to probe into positive and negative roles played by financial institutions in entrepreneurship development. "Entrepreneurship Development – role of Financial Institutions" brings to the fore the efforts of financial institutions in development and promotion of entrepreneurs and: Provides comprehensive information on the role of financial institutions in entrepreneurship development and promotion; Presents basic concepts, review of literature and current state of entrepreneurial growth; Examines various institutions, schemes of financial assistance, incentives and concessions to entrepreneurs, non-financial measures and technical help and problems faced by entrepreneurs; Delves deep into social, economic, educational and family backgrounds of emerging entrepreneurial class along with impact of various environmental factors. Readership: Looking to the fact that the present book is unique on the subject and has vast applicability, the book is a must for students, scholars, teachers, entrepreneurs, financiers and policy framers.