What are the internal and ecternal factirs of enterpreneurship?
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Internal Factors:
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These include the following factors:
1. Desire to do something new.
2. Become independent.
3. Achieve what one wants to have in life.
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4. Be recognized for one’s contribution.
5. One’s educational background.
6. One’s occupational background and experience in the relevant field.
External Factors:
These include:
ADVERTISEMENTS:
1. Government assistance and support.
2. Availability of labour and raw material.
3. Encouragement from big business houses.
4. Promising demand for the product.
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