Development of Entrepreneurship

In a developing economy small scale industries play a significant role in economic development of the country. These industries by and large represent a stage in economic transition from traditional to modern technology. The variation in transitional nature of this process is reflected in the diversity of these enterprises. Most of the small enterprises use simple skills and machinery. Besides playing economic role for the country, small enterprises because of their unique economic and organisational characteristics also play social and political role in employment creation, balanced regional development, income generation and in helping to promote change in a gradual and peaceful manner. Development of entrepreneurship in small scale sector is the only alternative to the problems that require immediate solutions viz., dispersal of industrial units, meet the massive unemployment problem, a more equitable distribution of the national income, mobilisation of local resources and capital which might otherwise go unutilised and rejuvenate the depressed state of economy. This book highlights the emerging issues of entrepreneurship development and management of small scale industry. This book would be of great help to the entrepreneurs, business managers, students and researchers and all those concerned with improving the lot of small scale industry and developing the entrepreneurship.