Study on Success and Motivational Factors for Entrepreneurs in MSMES
Author(s):
Jajula Anjaiah, Dr. K B V Ramana Murthy
Keywords:
Entrepreneurs, Motivational Factors, MSME sector, India, economy, Etc.
Abstract
For the past few years, the growth of entrepreneurship has been seen as a focus area in development policy in many countries, especially India. Paper, communications, engineering, electrical, textile and metal manufacturing, constructing, food processing, teaching, and artisanship are only a few of the small to medium-sized micro-enterprises that young entrepreneurs are involved in. Internationally, the MSME sector was regarded as the driving force behind economic growth. Given the increased demand on land and rising unemployment as a consequence of net population development, the need for strong growth in the MSME sector has assumed critical importance. The changing economy has provided favorable conditions for the area's manufacturing and economic development. More entrepreneurs are needed in the area to take advantage of new market opportunities and help micro, tiny, and medium-sized companies develop. The success and motivational factors for entrepreneurs in MSMEs are discussed in this article.
Article Details
Unique Paper ID: 151311

Publication Volume & Issue: Volume 8, Issue 1

Page(s): 1 - 5
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