Unit 1
Entrepreneurship – Definition – Entrepreneurial Characteristics and Skills – Functions of An Entrepreneur – Types of Entrepreneurs – Entrepreneurship – Advantages and Disadvantages -– Women Entrepreneurship – Need – Prospects and Problems and remedies of Women Entrepreneurs- Role of Entrepreneurship in economic development of the country.
Unit 2
Business Idea – Sources of Business Idea – Business Idea Evaluation – Porter’s Five Force Model – SWOT Analysis – Brainstorming. Intellectual Property – Trademarks – Patents – Copyrights -Geographical Indications. Business Plan – Process of Writing a Business Plan – Uses – Kinds.
Unit 3
Starting up of a Business – Basic Start-up Problems – Buying a Business – Process of Buying – Franchising – Challenges of Buying a Business. Entrepreneurship Development Programmes – Needs- Stages and Limitations.
Unit 4
Institutional support and incentives to entrepreneurs-Types of finance- long term and short term– District Industries Centre (DIC) – Small Industries Development Corporation (SIDCO)- National Small Industries Corporation (NSIC)- Small Industries Development Bank of India (SIDBI)- Khadi Village Industry Commission (KVIC)- Small Industries Service Institute (SISI) – National Entrepreneurship Development Board (NEDB), Classification of Incentives.
Unit 5
MSMED Act 2006- Micro Small and Medium Enterprises (MSME)- Definition- Functions -Role of MSMEs in economic development – Causes of Sickness among MSMEs – Remedies to overcome sickness- Rehabilitation programmes.