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- W2920036558 abstract "Entrepreneurship is the back-bone of the economy. An entrepreneur is a person who identifies a need in the market-place and works to fulfill it. Micro and small entrepreneurs have played a predominant role particularly in the developing economies like India in terms of mobilising scarce local resources and skills, providing employment opportunities to unemployed or under-employed youths including women, raising incomes and living standards of people in lower brackets of income, widening and diversifying the industrial base, etc. Majority of granite units are micro and small enterprises as defined by the MSMED Act 2006. The present study was undertaken to identify the most important motivational factors to become granite entrepreneurs with respect to demographic variables like age, gender, caste, educational qualification and family background and also to know how far they are successful in their business in Chittoor district of Andhra Pradesh. The paper offers suggestions to motivate the people to become entrepreneurs in the study area. Knowledge and experience in the granite industry, followed by opportunity of starting a small enterprise to medium/large enterprise and contacts with business people are the most important motivational factors. Even though both state and central governments offer various schemes providing infrastructural facilities, etc., to encourage entrepreneurship, they have not much motivated the people. So the governments, sponsoring institutions and financial institutions should conduct awareness campaigns about the schemes and upgrade the infrastructural facilities as per the requirement of the prospective entrepreneurs." @default.
- W2920036558 created "2019-03-11" @default.
- W2920036558 creator A5067670703 @default.
- W2920036558 date "2019-02-08" @default.
- W2920036558 modified "2023-09-23" @default.
- W2920036558 title "MOTIVATIONAL FACTORS AND SUCCESS-A STUDY OF GRANITE INDUSTRY IN CHITTOR DISTRICT OF ANDHRA PRADESH" @default.
- W2920036558 hasPublicationYear "2019" @default.
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