Course

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.

Course Objective:

To equip students with the knowledge and skills for entrepreneurial endeavours.

Course Outcomes:

The student will be able to:

CO1: Understand the basic concepts of entrepreneurship and entrepreneurs.

CO2: Gain knowledge about the different sources of business ideas and business evaluation.

CO3: Understand various factors for starting up a business and to gain knowledge about entrepreneurship development programs

CO4: Gain knowledge on various institutional support and incentives.

CO5: Understand the role of MSMEs in promoting entrepreneurship.

Textbooks:

• Rajeev Roy – Entrepreneurship – Oxford University
• Vasant Desai – Entrepreneurial Development – Himalaya Publishing House

References:

1) Dr. S. S. Khanka – Entrepreneurial Development – S. Chand Publications.

1. Robert D. Hisrich – Entrepreneurship – McGraw Hill