Study on Success and Motivational Factors for Entrepreneurs in MSMES

  • Unique Paper ID: 151311
  • Volume: 8
  • Issue: 1
  • PageNo: 1-5
  • 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.

Copyright & License

Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{151311,
        author = {Jajula Anjaiah and Dr. K B V Ramana Murthy},
        title = {Study on Success and Motivational Factors for Entrepreneurs in MSMES},
        journal = {International Journal of Innovative Research in Technology},
        year = {},
        volume = {8},
        number = {1},
        pages = {1-5},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=151311},
        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.},
        keywords = {Entrepreneurs, Motivational Factors, MSME sector, India, economy, Etc.},
        month = {},
        }

Cite This Article

  • ISSN: 2349-6002
  • Volume: 8
  • Issue: 1
  • PageNo: 1-5

Study on Success and Motivational Factors for Entrepreneurs in MSMES

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