Entrepreneurship Development 2e
Published by Vijay Nicole Imprints Private Limited
Series: VNI
ISBN 9789393665287
 Publication Date
  Pages 546

The second edition of this best-selling book retains the winning flavour of its earlier additions, while adding, revising, restructuring and changing content in order to cater to the requirements of students across Universities in India.

Chapter 1 Introduction to Entrepreneurship and Entrepreneur
Concept and Meaning
Importance and Benefits of Entrepreneurship
Role of Entrepreneurship in Economic Development
Entrepreneurial Mobility
Differences between Entrepreneur and Manager
Causes for Slow / Poor Growth of Entrepreneurship in India
Stages in Entrepreneurship
Myths Surrounding Entrepreneurship
Review Questions
Chapter 2 Factors Influencing Entrepreneurship
Economic Factors
Social Factors
Psychological Factors
Personality Factors
Technological Factors
Educational Factors
Political Environment
Cultural Factors
Entrepreneurial Ecosystem
Challenges and Barriers to Entrepreneurs
Entrepreneurial Motivation
Characteristics of Motivation
Process of Motivation
Motivational Factors
Theories of Motivation Relevant to Entrepreneurship
Entrepreneurial Stress
Review Questions
Chapter 3 Characteristics and Competencies of Entrepreneur
General Characteristics of an Entrepreneur
Entrepreneurial Skills
Functions of an Entrepreneur
Advantages and Constraints of being an Entrepreneur
Review Questions
Chapter 4 Classification of Entrepreneurs
Classification / Type of Entrepreneurs
Classification according to Functional Characteristics
Classification according to Type of Business
Technology-based Entrepreneurship
Classification in Terms of Motivation
Classification based on Developmental Stage
Classification according to Area of Operation
Classification according to Ownership
Classification according to Growth
Classification according to Behaviour
Classification according to Chosen Path
Review Questions
Chapter 5 Evolution of Entrepreneurship in the Indian Scenario
Key Contributors to Entrepreneurship in Early Stages
Entrepreneurial Scenario in the 18th Century
Entrepreneurial Scenario in the Nineteenth and Twentieth Century
Evolution of Entrepreneurship in India
Impact of Economic Liberalisation on Indian Entrepreneurial Scenario
Impact of Revolution in Information Technology Sector
Current Status Quo of Entrepreneurship in India
Socio-Economic Profile of Entrepreneurship in India
Review Questions
Chapter 6 Business Idea Generation
Searching for Business Ideas or Opportunities
Sources of Business Ideas
Approach to Ideation
Review Questions
Chapter 7 Opportunity Analysis / Project Formulation
Meaning of ‘Opportunity’
Characteristics / Attributes of ‘Opportunity’
Identification and Analysis of Business Opportunities
Kinds of Business Opportunities
Opportunities at Global Level
Sources of Opportunities
Steps in Selection of New Business Opportunities
Review Questions
Chapter 8 Project Feasibility Analysis
Project Feasibillity Appraisal: An Overview
Assessment of Project Feasibility
Types or Methods of Project Feasibility
Differences between Pre-Feasibility Study and Feasibility Study
Feasibility Study
Planning Commission Guidelines regarding Feasibility Study
Review Questions
Chapter 9 Marketing Feasibility
Elements of Market Feasibility
Facts of Market Feasibility
Market Research or Market Survey
Product Life Cycle and Marketing Strategies
New Product Development
Other Market Feasibility Studies
Market Study
Review Questions
Chapter 10 Financial and Economic Feasibility
Financial Feasibility
Financial Planning
Factors Influencing Pattern of Capital Structure
Source of Funds
Bank Finance
Forms of Loans and Advances
Venture Capital Finance
Estimation of Cost of Production and Marketing Cost
Break-Even Analysis
Assessment of Fixed and Working Capital Requirements
Review Questions
Chapter 11 Technical, Legal and Locational Feasibilities
Technical Feasibility
Locational Feasibility
Plant Layout
Capacity Planning
Legal Feasibility
Review Questions
Chapter 12 Managerial Feasibility/Forms of Ownership
Factors Influencing Choice of Appropriate Type of Organization
Review Questions
Chapter 13 Project Appraisal
‘Project’ – Meaning
Project Appraisal Techniques
Appraisal of Capital Budget
Risk and Uncertainty
Modern Techniques
Network Planning
Review Questions
Chapter 14 Business Plan and Project Report
Characteristics of Business Plan
Objectives of Business Plan
Stakeholders of Business Plan
Kinds of Business Plan
Steps Involved in Preparing a Business Plan
Lapses in Designing Business Plan
Guidelines in Preparing Business Plan
Significance of Business Plan
Benefits of Business Plan
Preparing Business Plan
Project Report
Review Questions
Chapter 15 Entrepreneurial Development Programme and Growth
Indian Entrepreneurial Development Model
Objectives of EDP
Contents of ED Programme
Phases of EDP
Types of EDPs
Problems Faced in Implementing EDP
Role of Government in EDPs
Evaluation of EDP
Review Questions
Chapter 16 Governmental & Non-Governmental Agencies Promoting Entrepreneurship
Role of Government and Non-Government Agency in Promotion of EDP
Institutions Promoting EDP
The Entrepreneurship Development Institute of India (EDII)
Review Questions
Chapter 17 Institutional Finance and Entrepreneurship
Structure of Development
Industrial Development Bank of India (IDBI)
Industrial Credit and Investment Corporation of India (ICICI)
Industrial Finance Corporation of India (IFCI)
Small Industries Development Bank of India (SIDBI)
State Financial Corporation (SFC)
Industrial Investment Bank of India (IIBI)
Indian Investment Centre (IIC)
Tamil Nadu Industrial Investment Corporation (TIIC)
Commercial Banks
Financial Schemes of Commercial Banks
Life Insurance Corporation of India (LIC)
Unit Trust of India (UTI)
Review Questions
Chapter 18 Microfinance
Features of Microfinance
Meaning of Microfinance
Why Don’t Banks Serve Poor People?
High Costs and Interest Rates
Profitability and Sustainability of MFIs
Differences between Microfinance and Micro-Credit
Microfinance Institutions
Customers of Micro-Credit Institution
Prominent MFIs in India
The Process of Lending by MFI
Microfinance and Insurance
Microfinance and Women Empowerment
Microfinance and Poverty Eradication
Impact of Microfinance
Challenges of Microfinance
Recent Developments in India
Models of Microfinance
Criticism against Microfinance Mechanism
Objectives of MF
Benefits of MFI
Government’s Role in Supporting Microfinance
Self Help Groups (SHGs)
Objectives of Self Help Groups
Features of Self Help Groups
Functions of Self Help Groups
Formation of Self Help Groups
Growth Phase of a SHG
SHGs – An International Initiative
Self Help Groups in India: A Review
Self Help Groups in Tamil Nadu – A Bird’s Eye View
Prime Minister Jan-Dhan Yojana (PMJDY)
Pillars of PMJDY Pillar I / 2014-2015
Account Opening
Review Questions
Chapter 19 Incentives and Subsidies
Need for Incentives
Incentives Offered by State and Central Government to SSI
Subsidies to SSIs
Special Capital Subsidy Schemes
Leather Industry
Policy Support to SSI Sector
The Proposal (1992-97)
Manufacturing Policy
Government Schemes and Incentives for Promotion of Entrepreneurship
Subsidies for Exporters in India
Review Questions
Chapter 20 Industrial Sickness
Growth Strategies
Types of Strategies
Internal Strategies
Problems of Small Entrepreneurs
Review Questions
Chapter 21 Small Scale Industries and Small Entrepreneurs
Definition of Small Business in India
Different Definitions of SSI
Characteristics of Small-Scale Industries
Scope and Types of SSIs
Objectives of SSIs
Problems of Small-Scale Industries
Registration of SSI
Documents Required for Registration at Appropriate Authority
Steps to be taken for Starting SSI
Promoter’s Margin or Seed Capital
Review Questions
Chapter 22 Women Entrepreneurs
Socio-Economic Status of Indian Women and Government Initiative
Impact of Liberalisation and Globalisation on Women
Concept of Woman Entrepreneurs
Emerging Ecosystem for Women Entrepreneurship
Problems of Women Entrepreneurs
Pre-Requisites of Women Entrepreneurship
Solutions to Problems Faced by Women Entrepreneurs
Development of Women Entrepreneurs
Associations Promoting Women Entrepreneurs
Schemes of IDBI
Policy Measures by Government of India for Promoting Women Entrepreneurs
Review Questions
Chapter 23 Rural Entrepreneurship
Need for Rural Entrepreneurship
Problems in Rural Entrepreneurship
Benefits of Rural Entrepreneurship
Development of Rural Entrepreneurs
Types of Rural Entrepreneurs
Rural Entrepreneurship Programmes
Review Questions
Chapter 24 Family Business
Meaning of Family Business
Family Business in India: A Historical Perspective
Types of Family Business
Advantages of Family Business
Drawbacks of Family Business
Challenges before Family Business
Business Succession Planning
Suggestions to make Family Business Effective
Family Constitution
Review Questions
Chapter 25 Social Entrepreneurship
Types of Social Enterprises
Characteristics of Social Entrepreneurs
Pre-Requisites of Social Enterprises
Benefits of Social Enterprises
Distinction between Social Enterprises and Socially Responsible Enterprises
Review Questions
Chapter 26 Strategic Approaches in Entrepreneurship
Difference between Mass Market and Niche Market
Review Questions
Chapter 27 Franchising and Networking
Modes of Franchising
Development of Franchising System
Advantages of Franchising
Evaluation of Franchise System
Sources of Networking
Popular Networking Forums for Entrepreneur
Industry Associations
Special Interest Groups
Community Forums
Process of Networking
Approaches to Entrepreneurial Network
Good Networking Practices
Review Questions
Chapter 28 Entrepreneurial Education and Research
Structure of EDP Programme
Current Trends in Entrepreneurial Education
Review Questions
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