Title:
ENTREPRENEURSHIP DEVELOPMENT: CHALLENGES FACED BY ENTREPRENEURS OF MSME SECTOR IN J&K

Authors:
Israr Ahmed

Volume - 2 Issue - 11, Pages - 5073-5083

Abstract:
The economic development comes into existence through intellectual process of mobilization, combination and allocation of productive resources and the same task is meaningfully carried out by entrepreneurship which is given life force by the entrepreneur. Entrepreneurship is a creative activity. It is the process of designing, launching and running a new business, which typically begins as a small business, such as a startup company, offering a product, process or service for sale and an entrepreneur is a person who starts, organizes and manages any enterprise, especially a business, usually with considerable initiative and risk rather than working as an "employee". He is an innovator and generates new ideas and business processes. Management skill and strong team building abilities are often perceived as essential leadership attributes for successful entrepreneurs. Entrepreneurship Development (ED) has, therefore, become a matter of great concern in all developing and under developed countries all over the world. It refers to the process of enhancing entrepreneurial skills and knowledge through structured training and institution building programmes. Still there are so many challenges which can affect the fastest growth of these businesses. This paper is an attempt to find out the major challenges faced by entrepreneurs in Jammu and Kashmir.

Cite this Article:

[Ahmed, Israr. "ENTREPRENEURSHIP DEVELOPMENT: CHALLENGES FACED BY ENTREPRENEURS OF MSME SECTOR IN J&K." International Journal of Social Science and Economic Research, vol. 2, no. 11, 2017, pp. 5073-5083. November. ]