Entrepreneurship Development
Subject Overview
Entrepreneurship Development is about turning business ideas into ventures — the theory, the ecosystem, and the financing that makes it possible in India. You'll cover the definitions and theories of entrepreneurship, entrepreneurial traits and the barriers new entrepreneurs face, then move into creativity and business planning, MSME classification and government support, and India's entrepreneurship development programs and industrial estates. The final unit covers financing options from bridge capital and SIDBI schemes to venture capital and angel investors. This is a 6-credit General Elective paper across 4 units, useful whether a student plans to start a business or work inside one.
Unit-wise Syllabus
4 units — click WhatsApp below to get the full notes for each
Unit 1: Concept & theories of entrepreneurship
Definition and concept of entrepreneurship, theories and myths about entrepreneurship, entrepreneurial traits and motivation, role of entrepreneurship in economic development, types of entrepreneurs, barriers, the Entrepreneurship Development cycle
Unit 2: Creativity, business plans & MSMEs
Creativity and business ideas, blocks to creativity, business plans and reasons for their failure, MSME definition, characteristics, objectives, advantages and disadvantages, role in developing countries, government policies
Unit 3: Entrepreneurship development programs in India
Phases of entrepreneurial programs, government policies and administrative framework, policy instruments, statutory boards, industrial estates and clusters, incentives and subsidies, promotional agencies, business incubators and start-ups
Unit 4: Financing options for new ventures
Bridge capital, seed capital assistance, margin money scheme, industrial sickness and its remedies, role of SIDBI and commercial banks, venture capital, lease funding, angel investors, revival and exit from a venture