UGC Approved Journal no 63975(19)
New UGC Peer-Reviewed Rules

ISSN: 2349-5162 | ESTD Year : 2014
Volume 13 | Issue 3 | March 2026

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Published in:

Volume 6 Issue 1
January-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1901F16


Registration ID:
313834

Page Number

879-886

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Title

ROLE OF ENTREPRENEURS IN ECONOMIC GROWTH

Abstract

Entrepreneur involvement in economic activities is marked by a low work participation rate, excessive deliberation in the unorganized sector and employment in less skilled jobs. Any strategy aimed at economic development will be lop-sided without involving women who constitute half of the world population. The entrepreneurs have a strong desire to achieve high goals in business. The victorious entrepreneurs have a positive approach toward things. The entrepreneurs have a good foresight to know about future business environment. One of the qualities of successful entrepreneurs is that they possess and exhibit remarkable perseverance in their pursuits. Entrepreneurship being a difficult journey and the people generally becomes entrepreneurs because of economic reasons. These include unemployment, completion of education, dislocation, no or less possibility for career and or economic prosperity, etc. The desire to form an enterprise needs to be present before forming an enterprise, but just desire to form an enterprise cannot make an individual an entrepreneur. The entrepreneurs are considered as ‘change agents’ in the process of industrial and economic development of an economy. The best mobile role that entrepreneurs play in promoting industrial and economic development of an economy is well adduced across the countries. The small scale industrial sector is the second largest sector, which uses human resources next only to that of the agricultural sector in our country. The focus on the small scale industries sector began only during the second Five-Year Plan. The small sector acts as a nursery for the development of the entrepreneurial talents, which in its turn promotes the economic development of the country. The small scale industry mainly caters to the needs of the local markets and mainly depends upon local raw materials and local skills. The training on marketing and information technologies would resolve the success of the industrial units through District Industrial Centers.

Key Words

Entrepreneur - economic - participation - employment - business environment - Five-Year Plan - small scale industry - agricultural sector - development - prosperity - resources.

Cite This Article

"ROLE OF ENTREPRENEURS IN ECONOMIC GROWTH", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 1, page no.879-886, January-2019, Available :http://www.jetir.org/papers/JETIR1901F16.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"ROLE OF ENTREPRENEURS IN ECONOMIC GROWTH", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 1, page no. pp879-886, January-2019, Available at : http://www.jetir.org/papers/JETIR1901F16.pdf

Publication Details

Published Paper ID: JETIR1901F16
Registration ID: 313834
Published In: Volume 6 | Issue 1 | Year January-2019
DOI (Digital Object Identifier):
Page No: 879-886
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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