2. To develop an understanding of governments role in entrepreneurship.
12.00
Unit I:
Definition of entrepreneur, characteristics, role of entrepreneur in industrial development
Entrepreneurship: concepts and nature. Entrepreneurship in India
Entrepreneurial Traits: Leadership, risk taking, decision making, business planning
Barriers in Entrepreneurship: Economic and non-economic
12.00
Unit II:
Opportunities for entrepreneurship, Meaning and definition of SSI, importance, government policies for SSI, Institutional support to SSI at state and national level
Institutional Support for new ventures:
Support organizations-State level –RFC,RIICO,DIC
Financial organizations-IFCI, IDBI, SIDBI and other Banks
Role of government in Entrepreneurial development: government incentives, subsidy and assistance
12.00
Unit III:
Arrangement of Finance from different sources
Owners fund, Borrowed fund
Internal and external sources
Long term and short term
12.00
Unit IV:
Project organization structures –Functional, matrix and others
Project Manager-Selection and training of project manager, roles and responsibilities
12.00
Unit V:
Promotion of a new venture: search for a business idea, preparation of plan, analysis of entrepreneurial opportunities, assessing the impact of opportunities and threats
Introduction to Project management
Preparation of DPR (detailed project report)
Essential Readings:
Kanka S.S., Entrepreneurship and small business management, Sultan Chand, New Delhi