• DR. R.VASUMATHI

The effect of demographic developments is expanding and our natural assets should be utilized more shrewdly. Our social orders face security challenges which are developing in scale. And again, rising expectations for everyday comforts open markets for new items and services and their developing capacities open doors for collaboration. Technological Innovation gives effective chances to create technological innovative product and services, helps in development and capacity building in India and developing countries. Over most recent couple of decades the prevalence of web based business has hugely expanded because of its speedy and advantageous method for trading products and territorial and worldwide administrations. India will blast ground for web based business plans of action. Different degrees or levels of entrepreneurial intensity and drive depend upon how much independence one exhibits, the level of leadership and innovation they demonstrate, how much responsibility they shoulder, and how creative they become in envisioning and executing their business plans. This paper focuses and provides an insight into the meaning, qualities required for an entrepreneur, opportunities and challenges faced by them and at last with a small discussion on entrepreneurship as a career.

Challenges, Opportunities, Entrepreneurship, Economic Development, Barriers; Enablers; Innovation Councils, Technological innovation.

"PROBLEMS AND PROSPECTS OF BUSINESS INNOVATION IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.187-190, May 2019, Available :http://www.jetir.org/papers/JETIRCZ06025.pdf

"PROBLEMS AND PROSPECTS OF BUSINESS INNOVATION IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp187-190, May 2019, Available at : http://www.jetir.org/papers/JETIRCZ06025.pdf