Discuss the objectives of entrepreneurial development programmes.
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Development Programmes: Meaning, Need and Objectives of EDP!
Meaning:
As the term itself denotes, EDP is a programme meant to develop entrepreneurial abilities among the people. In other words, it refers to inculcation, development, and polishing of entrepreneurial skills into a person needed to establish and successfully run his / her enterprise. Thus, the concept of entrepreneurship development programme involves equipping a person with the required skills and knowledge needed for starting and running the enterprise.
Let us also consider a few important definitions of EDPs given by institutions and experts:
Small Industries Extension and Training Institute (SIET 1974), now National Institute of Small Industry Extension Training (NISIET), Hyderabad defined EDP as “an attempt to develop a person as entrepreneur through structural training.
The main purpose of such entrepreneurship development programme is to widen the base of entrepreneurship by development achievement motivation and entrepreneurial skills among the less privileged sections of the society.”
According to N. P. Singh (1985), “Entrepreneurship Development Programme is designed to help an individual in strengthening his entrepreneurial motive and in acquiring skills and capabilities necessary for playing his entrepreneurial role effectively. It is necessary to promote this understanding of motives and their impact on entrepreneurial values and behaviour for this purpose.” Now, we can easily define EDP as a planned effort to identify, inculcate, develop, and polish the capabilities and skills as the prerequisites of a person to become and behave as an entrepreneur.
Need for EDPs:
That, entrepreneurs possess certain competencies or traits. These competencies or traits are the underlying characteristics of the entrepreneurs which result in superior performance and which distinguish successful entrepreneurs from the unsuccessful ones.
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Meaning:
As the term itself denotes, EDP is a programme meant to develop entrepreneurial abilities among the people. In other words, it refers to inculcation, development, and polishing of entrepreneurial skills into a person needed to establish and successfully run his / her enterprise. Thus, the concept of entrepreneurship development programme involves equipping a person with the required skills and knowledge needed for starting and running the enterprise.
Let us also consider a few important definitions of EDPs given by institutions and experts:
Small Industries Extension and Training Institute (SIET 1974), now National Institute of Small Industry Extension Training (NISIET), Hyderabad defined EDP as “an attempt to develop a person as entrepreneur through structural training.
The main purpose of such entrepreneurship development programme is to widen the base of entrepreneurship by development achievement motivation and entrepreneurial skills among the less privileged sections of the society.”
According to N. P. Singh (1985), “Entrepreneurship Development Programme is designed to help an individual in strengthening his entrepreneurial motive and in acquiring skills and capabilities necessary for playing his entrepreneurial role effectively. It is necessary to promote this understanding of motives and their impact on entrepreneurial values and behaviour for this purpose.” Now, we can easily define EDP as a planned effort to identify, inculcate, develop, and polish the capabilities and skills as the prerequisites of a person to become and behave as an entrepreneur.
Need for EDPs:
That, entrepreneurs possess certain competencies or traits. These competencies or traits are the underlying characteristics of the entrepreneurs which result in superior performance and which distinguish successful entrepreneurs from the unsuccessful ones.
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The objectives of entrepreneurial development programmes can be discussed as follows:
Explanation: Entrepreneurial Development Programmes refers to the initiative undertaken by the government in order to impart the entrepreneurial skills among the youth and others who wants to run their own enterprise.
OBJECTIVES:
- Guide to first generation youth: These programmes are being started in order to impart knowledge and skills related to the business among those whose forefathers were never into the business line. These programmes act as a complete guide for them.
- Awareness about the underutilized resources: There are many resources such as raw materials, labour etc. which are being available at different places but are not utilized due to the lack of knowledge about its presence. This gap is being filled by these programmes.
- Promotes self employment: The basic objective of these programmes is to promote self employment opportunities among the youth. They are being imparted training right from the way to start a business till how to run it successfully.
Learn more about entrepreneurial development programmes:
Question: Discuss the achievement of entrepreneurial development programme in India
Answer: https://brainly.in/question/6880919
Question: Role of government in organising entrepreneurial development programme
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