module 2-ED

8/2/2019 module 2-ED

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ENTREPRENEURSHIP DEVELOPMENT ININDIA

Christ University, Bangalore


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Agenda

Meaning of EDP Misconceptions about EDP Objectives of such program Entrepreneurship Cycle Entrepreneurial Discipline Woman Entrepreneurship Factors affecting Woman

Entrepreneurship Barriers to it

Entrepreneurial environment andits analysis

Locational Mobility of Entrepreneurs

Christ Universit Ban alore 2


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EDP (Entrepreneurship Development Program)

EDP means a program designed tohelp a person in strengthening hisentrepreneurial motive and inacquiring skills and capabilities

necessary for playing hisentrepreneurial role effectively Towards this end, it is necessary to

promote his understanding of motives, motivation pattern, theirimpact on behavior andentrepreneurial value

A program which seeks to do thiscan qualify to be called an EDP


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Misconceptions about EDP

EDP is a catch word But misconceptions about EDP prevail Lack of understanding and clarity has limited its growth EDP hasnt contributed much to the industrial economy of our country

yet


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Chandramauli Pathak haslisted some of theprevailing commonmisconceptions aboutEDP:

1. Join an EDP, all yourproblems are solved

2. EDP means only training3. Higher the number,

better the EDP4. EDP success is the sole

responsibility of Trainers- Motivators

Misconceptions about EDP


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Objectives of EDP

Refer Page 186 and 187 of Vasant Desai Text


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Entrepreneurial Development Cycle

Refer Fig. 13.1 onPage 185 of VasantDesai Text

Simulatory Support Sustaining

,

3Christ University, Bangalore


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Christ University, Bangalore 4

Simulatory1. Entrepreneurial Education2. Planned publicity for

entrepreneurial

opportunities3. Identification of potentialentrepreneurs throughscientific methods

4. Motivational training tonew entrepreneurs

5. Help and guidance inselecting products andpreparing project reports



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5Christ University, Bangalore

6. Making available techno-economic information and productprofits

7. Evolving locally suitable newproducts and processes8. Availability of local agencieswith trained personnel forentrepreneurial counseling andpromotions9. Creating entrepreneurial forum10. Recognition of entrepreneurs



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Support1. Registration of unit2. Arranging finance3. Providing land, shed, power, water

etc.4. Guidance for selecting and

obtaining machinery5. Supply of scarce raw materials6. Getting license/ import licenses

7. Providing common facilities8. Granting tax relief or other

subsidies9. Offering management consultancy10. Help marketing products11. Providing information



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Sustaining1. Help modernization2. Help diversification/ expansion/ substitute

production3. Additional financing for full capacity

utilization4. Deferring repayment/ interest5. Diagnostic industrial extension/

consultancy source6. Production units legislation/ policy change7. Product reservation/ creating new avenues

for marketing8. Quality testing and improvident services,

and,9. Need- based common facilities center



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Entrepreneurs who are developed and promoted at social cost have acertain responsibility to the society that promotes and supports them

The society expects adequate returns from these people Towards this end, entrepreneurs are expected to follow a certain

discipline which is essential for entrepreneurial career This covers subjects like:1. Repayment behavior- financial management2. Response to tax and statutory requirement- law and compliances3. Progressive outlook towards labor- labor management

4. Care for ecology and environment- environment management Issues of EDP- Refer Page 191 of Vasant Desai Text

Entrepreneurial Discipline

Christ University, Bangalore


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Woman Entrepreneurship

The emergence of entrepreneurs in a societydepends on the economic,social, religious, cultural andpsychological factorsprevailing in the society

In the advanced countries of the world, there is a

phenomenal increase in thenumber of self- employedwomen after the World WarII


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Woman Entrepreneurship in India


Today, we find women in differenttypes of industries, traditional as wellas non- traditional, such as engineering,electronics, readymade garments,fabrics, eatables, handicrafts, doll-making, poultry, plastics, soap,ceramics, printing, toy- making etc.

Participation of women as industrialentrepreneurs is comparatively a recentphenomenon in India


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Women Entrepreneurship in India

Majority of the women entrepreneurs in India are engaged in theunorganized sector like agriculture, agro- based industries,handicrafts, handlooms, and cottage- based industries

In order to improve the situation, a number of activities such asmotivational drive, preparation of information material; conductingtraining; creation of women industrial estates/ areas/sheds; creation of common marketing exposition centers; training of trainers/ promoters;and use of mass media etc. are required

Combined effect of all these is bound to accelerate the process of

women entrepreneurship development


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Segments of Women Entrepreneurs


Four segments of women entrepreneurs exist:1. Self- help Groups: Those who are well served and mentored bymicrofinance institutions

2. Grassroots entrepreneurs: Those who are driven by a need toaugment the familys finances especially to secure their childrensfuture- tailors, flower sellers, STD booth owners, pan shops etc.

3. Mid- rung entrepreneurs: They are driven by a need to buildreputation, become known, improve quality and satisfy creativeinstincts. Mostly graduate +, they typically have garment shops,

poultry farms, export businesses etc.4. Upper Crust: Drawn from the topmost social class, very well

educated, with businesses like export houses, travel agencies, tradersin pharmaceuticals, often adjuncts to their husbands businesses, theyaspire for turnovers of more than Rs. 5 crore


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Qualities of Women Entrepreneurs

Refer Page 80 of Vasanth DesaiText


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Basic Problems of Women

Refer Page 81 of VasanthDesai Text


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THANK YOU!!!!!!!!!!!

module 2-ED

Documents

Transcript of module 2-ED