Entrepreneurship Development

Ch 1: Introduction to Entrepreneurship
➔ Evolution of entrepreneurship
➔ Theories of entrepreneurship
● Innovation Theory,
● Harvard School Theory
● Theory of High Achievement
● Theory of Profits
● Theory of Adjustment of Price

➔ Difference Between a Manager and an Entrepreneur

➔ Models of Entrepreneurial Development
➔ Types of Entrepreneurs
➔ Intrapreneurship
➔ Women Entrepreneurship
➔ Entrepreneurial Competencies
➔ Geographical Mobility of Entrepreneurs
➔ Occupational Mobility
➔ Entrepreneurship in Family Owned Businesses and Non Family Owned
Businesses
➔ Challenges & Obstacles faced by Entrepreneurs
➔ Factors influencing Entrepreneurship-Socio- Cultural, Economic, Political
Technological
➔ Global factors
➔ Business Climate in India for entrepreneurship
➔ Creating Favorable
➔ Conditions for the growth of entrepreneurship in India
➔ Capacity Building for Entrepreneurs.

Ch 2: Identification of Opportunities
➔ Opportunity sensing & Idea Generation
➔ The creativity & innovation
➔ Techniques of Idea Generation
● Brain storming
● Reverse Brain storming
● Brain writing
● Attribute Listing
 ● Free Association
● Forced Relationship
● Gordon Method & Parameter Analysis
➔ Selection of Product/Service, Invention
● Innovation & Imitation
➔ Product innovation
➔ Identification of Business Opportunities
➔ Business Opportunities in India
➔ Models for Opportunity Evaluation & Screening

Ch 3: Entrepreneurship in Micro, Small and Medium Enterprises

➔ Definition, Role and Importance of Micro, Small, and Medium
Enterprises(MSMEs); Problems Faced by MSME Sector; Government Policy for
MSME Sector; Rural Entrepreneurship- Cottage, Khadi and Village Industries.
Make in India Initiatives & Skill Development; Entrepreneurship Development
Programs (EDP),An overview of UNCTAD’s Entrepreneurship Policy Framework.

Ch 4: Feasibility analysis for Business Plan

➔ Business Planning-Financial Planning, Marketing Planning- Production &
Operational Planning and Human Resource Planning;Importance of a Business
Plans; Contents of a Business Plan- Management Summary; Financial Feasibility,
Marketing Feasibility and Technological Viability of Business Plans. Business
Incubation and Development.

Ch 5: New Venture Creation and Promotion

➔ Procedure for Setting Up an Enterprise; Selection of a Project; Decide on the
Constitution Obtain Registration; Obtain Clearances from Departments as
Applicable; Arrange for Land/Shed; Arrange for Plant and Machinery; Arrange
for Infrastructure; Prepare Project Report; Apply for and Obtain Finance;
Implement the Project and Obtain Final Clearances. Project Life Cycle , Project
Scheduling -Gantt Charts, Network Techniques ; Project Management Software;
Capital Budgeting; Generating an Investment Project Proposal; Project Analysis;
Market Analysis, Technical Analysis, Financial Analysis, Economic Analysis,
Project Evaluation and Selection ; The Payback Period; ; Benefit-Cost Ratio
(BCR) Project Financing Equity Financing; Angel Investing ; Debt Financing ;
Miscellaneous Sources; Project Implementation Phase; Capital Structure and
Cost of Capital; Detailed Project Report; Ecological Analysis.

Ch 6: Institutional Support to Promote Entrepreneurship

➔ Institutions Supporting Business Enterprises; Central-level Institutions; National
Board for Micro, Small, and Medium Enterprises (NBMSME) The Khadi and
Village Industries Commission (KVIC) The Coir Board MSME-DO; National
 Small Industries Corporation (NSIC); National Science and Technology
Entrepreneurship Development Board (NSTEDB) National Productivity Council
(NPC) Entrepreneurship Development Institute of India (EDII) National
Research Development Corporation of India (NRDCI) National Entrepreneurship
Development Institutes; Other Institutions National Bank for Agriculture and
Rural Development (NABARD) Housing and Urban Development Corporation
(HUDCO); Technical Consultancy Organization (TCO); Small Industries
Development Bank of India (SIDBI) ; Export Promotion Councils (EPCs).

Ch 7: Social Entrepreneurship
➔ Meaning & importance Social Entrepreneurship; Sustainable Development Goals
(SDG,2030); Social and Environmental Dimension of Entrepreneurship; Social
Enterprises and their Goals; Need & Importance of Social Enterprise
Establishment and Management of Non-Government Organizations;
Government Policy for Social Enterprises.