2.2.2 Factors Influencing entrepreneurship

2.2.2 Factors Influencing entrepreneurship

Facilitating factors to the emergence of entrepreneurs:

Barriers to the emergence of entrepreneurs

1. Technical knowledge supply

2. Entrepreneurial training facilities

3. Market contact through Govt.

4. Family business

5. Availability of capital from sources

6. Successful role models

7. Cheap manpower

8. Capable advisors and supporters

9. Governmental and institutional

1. Lack of technical skills

2. Lack of proper market

3. Lack of capital

4. Lack of business knowledge

5. Social stigma

6. Time pressures and discussions

7. Legal and bureaucratical constraints on the Govt. part

8. Political instability

9. Non co-operative attitude of banks and other support financial institutions.

Last modified: Wednesday, 25 January 2012, 9:14 AM