The document discusses the role of entrepreneurship in economic development, particularly in Bangladesh, highlighting the challenges faced by entrepreneurs and the limited education and training available. It emphasizes the need for government support, clearer policies, and initiatives to foster both urban and rural entrepreneurship, especially among women. Additionally, it identifies various socio-cultural constraints and the importance of addressing these to enhance women's participation in the economy.

2. Entrepreneurship is a process of identifying and starting a business venture,
sourcing and organizing the required resources and taking both the risks and
rewards associated with the venture.
Entrepreneurship is a key factor in the economic development process of a country.
Its role is particularly important for industrialization of an economy. Study of
economic development history of developed countries shows that present status of
their development lies in the active role of the entrepreneurs.

3. The education system as well as entrepreneurship development training
programs for the youths. In Bangladesh entrepreneurship course has been
introduced in limited scale in the education system recently.
Entrepreneurship training is organized by some organization sporadically.
The main objectives of the present paper are to review the present status of
entrepreneurship education and training, identify the weaknesses of the
education and training systems

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A comparison of entrepreneurship
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5. The entrepreneurs are facing a number of problems in day to day work.

6.  Lack of proper management, accounting, congenial industrial
relations, updated knowledge about the global market etc.
 Lack of confidence
 Lack of knowledge
 Absence of proper policy decision
 Lack of proper training facilities of entrepreneurs
 Curriculum Lickings

7.  Lack of legitimacy of entrepreneurship
 Lack of social mobility
 Insufficient security
 Religious problems
 Improper support from relatives, friends & teachers
Financial problem
 Lack of adequate basic facilities
 Non availability of capital
 Greater risk involved in business
 Non availability of skilled labor
 Insufficient arrangement for pre-investment advice

8.  Government should take the necessary initiatives to develop this sector.
 Government should have a clear policy about the small scale enterprises in
Bangladesh.
 Loan and this short of facility should be making available.
 Control the inflow of importing such product which has the opportunities
to produce in Bangladesh.
 Make the political situation stable as much as possible.
 Make the economic situation stable.
 Provide both social and economic securities to the people.
 Improve the human resources.
 Making more entrepreneurs through proper training and loan facilities.
 Make the people interested to start their own or family business.
 Provide possible support to the small scale enterprises in
Bangladesh.
 Developing small scale enterprises in Bangladesh through a
proper long term planning

9. 1. ALAUDDIN AHMED
2. MOHAMMAD OBAIDUL KARIM
3. S.A.K. EKRAMUZZAMAN
4. NASIR A. CHOUDHURY
5. MOHD. NOOR ALI
6. KAZI AKRAMUDDIN AHMED
7. MR. RAGIB ALI
8. MS. ROKIAAFZAL RAHMAN
9. MR. SAMSON H CHOWDHURY
10. MR. A. S. F. RAHMAN

10.  Entrepreneurship emerging in rural areas is
called rural entrepreneurship. Establishing
industries in rural areas refers to rural
entrepreneurship. Rural entrepreneurship is
synonymous of rural industrialization

11.  Low level of diversification of economical activities in rural
areas.
 Main activity: agriculture, but with low productivity.
 Infrastrucure: poorly developed with no investments.
 Unemployment: 26%.
 About 41% of GDP comes from rural areas; rural economy is
heavily reliant on agriculture.
 Life quality and possibilities for work in rural areas in
Bangladesh does not provide sustainable existence and
prosperity for its residents.
 Decreasing number of highly qualified human capacities in
rural areas making it difficult to mobilize and develop local
initiatives.
 Lack of budgetary support for rural development.
 Problems with interest and involvement of local actors for
rural development.

12. Particulars US$( In Billion) Percentage
Agriculture 27.16 23.50%
Men 10.58 39%
Women 16.58 61%

13.  The reason behind this is that most of the people of the country are living in
the villages.
 The rural sectors contribute about two-thirds of the GDP.
 Encompass improved productivity.
 Employment generation
 Income generation
 Rural development
 Build up village republics
 Curbs rural-urban migration
 Development of rural industries serves as ineffective means to build up village
republics.
 Rural industrialization fosters economic development in rural areas.

14.  Financial constraints.
 Lack of technical know-how.
 Lack of training and extension services.
 Management problems.
 Lack of quality control.
 High cost of production due to high input cost.
 Lack of communication and market information.
 Poor quality of raw materials. Lack of storage and warehouses.
 Obsolete and primitive technology.
 Lack of promotional strategy.
 Problem of recruitment of employees.
 Problem of promotion of employees.

15.  Primary Education Program
 A policy formulation for strengthening the raw material base in Ural areas
in the ‘country.
 Training for Entrepreneurship Development
 Imparting entrepreneurial education at the school, college and universities
 Village Development
 Technology in rural development

16. Entrepreneurship has become an important profession among
the women of Bangladesh today at various levels of the
society, both in the urban and the rural areas. The reason for
the interest varies according to the different classes of the
society.

17.  Bangladesh is a densely populated country with limited resources and
higher social stratification. According to WED (2001) based on
gender, class and location economic, political and social recognition
are resolved. The urban areas have better prospects for business
growth expansion while rural areas lag behind.
 Since few women participate in the mainstream of economic activities
the enormous potentiality of the population is unutilized For instance,
only 16% of women are self-employed out of 66% self-employed
citizen (based on entrepreneurship status).

18.  Her being a woman
 Responsibility towards family, society and work
 Family problems
 Lack of business training
 Lack of education
 Non-awareness of facilities provided by government
 Questions by licensing authorities
 Marketing
 Poor self-image of women
 Faulty socialization
 Role conflict
 Cultural values
 Lack of courage and self-confidence

19.  In order to make long-term changes in women's ability to
participate freely in the economy, the socio-cultural constraints
on women must be addressed.
 Women need to be able to access mainstream banking and
finance, and need support in this area.
 Education and awareness
 Training facility
 Family occupation
 Adequate financial facilities
 Ensure women’s easy access to markets

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of planning, Government of the People’s Republic of Bangladesh
 BER (2011). Bangladesh Economic Review, Economic Division, Ministry
of Finance, Government of the People’s Republic of Bangladesh, Dhaka
(In Bengali).
 Bulbul M, Rahman M (2010). MFI as promoter of profitable self-
employment, The Financial Express, Dhaka.
 Abdin MJ (2010). Bangladesh’s SMEs facing so many challenges, the
independent, available at: http://theindependentbd.com/paper-
edition/others/panorama/2385-bangladeshs-smes-facing-so-many-
challenges.html(accessed on 16 October, 2011)
 Afrin S, Islam N, Ahmed SU (2008). A Multivariate Model of Micro
Credit and Rural W omen Entrepreneurship Development in Bangladesh,
Int. J. Bus. Manag., 3 (8): 169-85.