Entrepreneurship Development and Small Businesses
Babasaheb Bhimrao Ambedkar University · LL.B. Semester 5 · BBM-506
Unit I
Overview of Entrepreneurship · i. Meaning, Definition and Concept of Enterprise, Entrepreneur and Entrepreneurship Development, · ii. Evolution of Entrepreneurship in India, Role of Entrepreneurship in Indian economy and developing economies with reference to self-employment development. · iii. Theories of Entrepreneurship, Traits and skills of entrepreneur. · iv. Entrepreneurs Vs Professional Managers, Problems faced by entrepreneurs.
Unit II — Environment Scanning & Women Entrepreneurship
i. Entrepreneurial Development, Entrepreneurial Culture, Factors affecting Entrepreneurship in India, · ii. Entrepreneur Vs. Intrapreneur, Social Enterprise and Entrepreneurship, · iii. Significance and role of environment, Environmental analysis, · iv. Women Entrepreneurship: Meaning, Characteristics/ features, Problems faced by women entrepreneurs in India, Measures taken for the development of women entrepreneurs in India.
Unit III
Project Management and Small Scale Industries · i. Project Management-Defining Business Idea, Search for business idea, Transformation of idea into reality, Business Planning Process, Project appraisal, Plant location and Plant layout. · ii. Environmental Analysis - Search and Scanning,Identifying problems and opportunities · iii. Small industry setup, Steps in starting a small industry, incentives and subsidies available, export possibilities · iv. Types of organization: Sole proprietorship, partnership, joint stock company, co- operative organization, their merits & limitations.
Unit IV
Institutional Support System for Entrepreneurship in India · i. Role of Government-Role of Central Government and State Government in promoting Entrepreneurship, MSME policy in India. · ii. Agencies for Policy Formulation and Implementation-District Industries Centers (DIC), Small Industries Service Institute (SISI), Entrepreneurship Development Institute of India (EDII), National Institute of Entrepreneurship & Small Business Development (NIESBUD),National Entrepreneurship Development Board (NEDB) · iii. Agencies for Financial Support-Role of Commercial banks and financial institutions like SIDBI, NABARD,SFCs, and other NBFCs.