By Shivganesh Bhargava
This quantity offers with developmental features of entrepreneurship. improvement of entrepreneurship and an entrepreneurial setting play major roles within the monetary improvement and progress of a country. growing an atmosphere of entrepreneurship grants recommendations to difficulties akin to poverty, illiteracy and unemployment that prevent the expansion of a country. This quantity additionally argues that entrepreneurial skill will be instilled in somebody keen. attaining such an atmosphere calls for an enterprising angle. relations, society, social associations, governance and management play an enormous position in allowing participants in addition to firms to extend their enterprise operations. This as a result allows state development. This quantity is a compilation of thirteen papers written through administration students, college and researchers, managers, specialists and directors. The chapters represent their examine findings, options and reports.
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Additional info for Developmental Aspects of Entrepreneurship
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Therefore, high priority was given to increasing the rate of capital formation and technical progress. Since the state and Indian business houses were to supply entrepreneurship, the actual development of entrepreneurship did not receive explicit and high priority till 1971. The state assumed the role of ‘entrepreneur’ and launched many enterprises in new modern industries namely heavy machine tools, heavy electricals, fertilizers, locomotives, petro-chemicals, oil exploration and extraction, ship building, etc.
P. Gupta before the company was sold by the government to 38 Ishwar Dayal private owners, had laid down values such as respect for people, trust of people, opportunity for growth and development, and facilitation for innovation. The organization evolved practices which were derived from their value system. They had no leave rules. An employee stayed away when he had some compelling need to be away on personal account. Each individual had responsibility for results. The employees did not have to submit their travel account to their superiors.