SlideShare a Scribd company logo
1 of 14
EVALUATION THE
PERFORMANCE OF
ENTREPRENEURSHIP
DEVELOPMENT
PROGRAM
SUBMITTED BY – NAVNEET YADAV MBA DUAL II SEM
SUBMITTED TO – DR. JYOTSHANA PAREEK
WHAT IS EDP?
• EDP is a programme meant to develop entrepreneurial abilities among the people. In other words,
it refers to inculcation, development, and polishing of entrepreneurial skills into a person needed to
establish and successfully run his / her enterprise.
NEED OF EDP
• 1. Creation of employment opportunity
• 2 Capital formation
• 3. Capital regional development
• 4. Use of local resources
• 5. Improvement in the standard of living
EVALUATION OF EDP
• Evaluation of entrepreneurship development programs assesses the efficacy,
degree of success, and the contribution of entrepreneurship development
programs in India. It delineates the factors contributing to the success or failure
of such programs, and evaluates the role of support agencies with reference to
the promotion of first generation entrepreneurs through EDPs.
• It was observed that one of every four trainees (26percent) actually started his/her
enterprise after undergoing entrepreneurial training.
• McClelland and Winter (1969) used the following criteria to assess the
effectiveness of EDPs in motivating the entrepreneurs.
QUALITATIVE EVALUATION OF EDP
• evaluating the EDPs is to assess their effectiveness in developing ‘need for
achievement’ among the entrepreneurs. This is also called the ‘qualitative
evaluation of EDPs.
• 1. Activity level of the respondents
• 2. New enterprise established
• 3. Total investments made
• 4. Investments in fixed assets made
5. Number of people employed
6. Number of jobs created
7. Increase in profit
8. Increase in sales
9. Quality of product/service improved
10. Quicker repayment of loans
• In other behavioral experiments (Sah,et al, 1974) the impact of EDPs is measured
with the help of indices relating to the entrepreneurial behavior.
• The entrepreneurial behavior is measured on the following four dimensions :
• A. Planning orientation
• B. Achievement orientation
• C. Expansion orientation
• D. Management orientation
EVALUATION OF EDP IN INDIA
• One of the earliest attempts in this direction was made by a team of researchers
and experts appointed by the Gujarat Industrial and Financial Corporation to
evaluate the effectiveness of the EDPs. The most recent and nationwide
evaluation study on evaluation study on EDPs is one carried out by the
‘Entrepreneurship Development Institute of India, Ahmedabad (Awasthi abd
Sebastian 1996).
• It is found that the effectiveness of the EDPs is around 26 per cent. In other
words, one out of every four trainees actually started his / her enterprise after
undergoing entrepreneurial training. However, the expected start-up rate is
slightly higher around 32 per cent.
• Out of 430 trainees who could not be contacted personally during the field survey,
according to the secondary sources, viz., family, friends, and neighbours, 17 per
cent of them have already given up the idea of venture launching as they are
engaged in some other activities.
• The effectiveness of EDPs cannot be considered as impressive because about 07
out of every 10 trainees did not start enterprises after undergoing the EDP
training. It means there are some problems or lapses here and there in
conducting the EDPs’. Therefore, there lies the need for looking at the problems
and constraints of EDPs.
PROBLEMS OF EDPS:
• EDPs suffer on many counts. The problems and lacunae are on the part of
all those who are involved in the process, be it the trainers and the
trainees, the ED organisations, the supporting organizations, and the state
governments.
• a. Trainer-motivations are not found upto the mark in motivating the trainees to start
their own enterprises.
• b. ED organisations lack in commitment and sincerity in conducting the EDPs. In
some cases, EDPs are used as means to generate surplus (income) for the ED
organisations.
• c. Non-conducive environment and constraints make the trainer-motivators’ role
ineffective.
• d. The antithetic attitude of the supporting agencies like banks and financial
institutions serves as stumbling block in the success of EDPs.
• Thus, it is clear that the problems are not with the strategy but with its
implementation.
EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM

More Related Content

What's hot

Women Entrepreneurship - Concept
Women Entrepreneurship - ConceptWomen Entrepreneurship - Concept
Women Entrepreneurship - Conceptuma reur
 
Entrepreneurial motivation concept
Entrepreneurial motivation conceptEntrepreneurial motivation concept
Entrepreneurial motivation conceptuma reur
 
Project identification & classification
Project identification & classificationProject identification & classification
Project identification & classificationRevathy Rajasekaran
 
Entrepreneurship development
Entrepreneurship developmentEntrepreneurship development
Entrepreneurship developmentPrajeesh Menon
 
Rural Entrepreneurship In India
Rural Entrepreneurship In IndiaRural Entrepreneurship In India
Rural Entrepreneurship In IndiaAnubha Rastogi
 
Entrepreneurship development in india
Entrepreneurship development in indiaEntrepreneurship development in india
Entrepreneurship development in indiashrinivas kulkarni
 
Economic role of government in Indian Business
Economic role of government in Indian BusinessEconomic role of government in Indian Business
Economic role of government in Indian BusinessGeorge V James
 
Women entrepreneurs
Women entrepreneursWomen entrepreneurs
Women entrepreneursAmit7613
 
Entrepreneurship development - Institutional Assistance
Entrepreneurship development - Institutional AssistanceEntrepreneurship development - Institutional Assistance
Entrepreneurship development - Institutional AssistanceSOMASUNDARAM T
 
Entrepreneurship development programmes
Entrepreneurship development programmesEntrepreneurship development programmes
Entrepreneurship development programmesDaksh Goyal
 
Entrpreneurship development institute of india(edii)
Entrpreneurship development institute of india(edii)Entrpreneurship development institute of india(edii)
Entrpreneurship development institute of india(edii)Simran Kaur
 
Women Entrepreneurship India
 Women Entrepreneurship India  Women Entrepreneurship India
Women Entrepreneurship India Meet Shah
 
Institutions Supporting Entrepreneurs
Institutions SupportingEntrepreneursInstitutions SupportingEntrepreneurs
Institutions Supporting EntrepreneursPriyankaSahu84
 
Finance projects topics
Finance projects topicsFinance projects topics
Finance projects topicsBabasab Patil
 
Entrepreneurship Development Programme (EDP)
Entrepreneurship Development Programme (EDP)Entrepreneurship Development Programme (EDP)
Entrepreneurship Development Programme (EDP)uma reur
 
institutional support in Entrepreneurship
institutional support in Entrepreneurshipinstitutional support in Entrepreneurship
institutional support in EntrepreneurshipSahil Kamdar
 
Business environment
Business environmentBusiness environment
Business environmentShompa Nandi
 

What's hot (20)

Women Entrepreneurship - Concept
Women Entrepreneurship - ConceptWomen Entrepreneurship - Concept
Women Entrepreneurship - Concept
 
Rural entrepreneurship
Rural entrepreneurshipRural entrepreneurship
Rural entrepreneurship
 
Entrepreneurial motivation concept
Entrepreneurial motivation conceptEntrepreneurial motivation concept
Entrepreneurial motivation concept
 
Project identification & classification
Project identification & classificationProject identification & classification
Project identification & classification
 
Entrepreneurship development
Entrepreneurship developmentEntrepreneurship development
Entrepreneurship development
 
Rural Entrepreneurship In India
Rural Entrepreneurship In IndiaRural Entrepreneurship In India
Rural Entrepreneurship In India
 
Entrepreneurship development in india
Entrepreneurship development in indiaEntrepreneurship development in india
Entrepreneurship development in india
 
Economic role of government in Indian Business
Economic role of government in Indian BusinessEconomic role of government in Indian Business
Economic role of government in Indian Business
 
Merchant banking
Merchant banking Merchant banking
Merchant banking
 
Women entrepreneurs
Women entrepreneursWomen entrepreneurs
Women entrepreneurs
 
Entrepreneurship development - Institutional Assistance
Entrepreneurship development - Institutional AssistanceEntrepreneurship development - Institutional Assistance
Entrepreneurship development - Institutional Assistance
 
Entrepreneurship development programmes
Entrepreneurship development programmesEntrepreneurship development programmes
Entrepreneurship development programmes
 
Women Entrepreneurship
Women EntrepreneurshipWomen Entrepreneurship
Women Entrepreneurship
 
Entrpreneurship development institute of india(edii)
Entrpreneurship development institute of india(edii)Entrpreneurship development institute of india(edii)
Entrpreneurship development institute of india(edii)
 
Women Entrepreneurship India
 Women Entrepreneurship India  Women Entrepreneurship India
Women Entrepreneurship India
 
Institutions Supporting Entrepreneurs
Institutions SupportingEntrepreneursInstitutions SupportingEntrepreneurs
Institutions Supporting Entrepreneurs
 
Finance projects topics
Finance projects topicsFinance projects topics
Finance projects topics
 
Entrepreneurship Development Programme (EDP)
Entrepreneurship Development Programme (EDP)Entrepreneurship Development Programme (EDP)
Entrepreneurship Development Programme (EDP)
 
institutional support in Entrepreneurship
institutional support in Entrepreneurshipinstitutional support in Entrepreneurship
institutional support in Entrepreneurship
 
Business environment
Business environmentBusiness environment
Business environment
 

Similar to EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM

Objectives of edp's (2)
Objectives of edp's (2)Objectives of edp's (2)
Objectives of edp's (2)Poonam Dixit
 
Effectiveness of training program at icici pru
Effectiveness of training program at icici pruEffectiveness of training program at icici pru
Effectiveness of training program at icici pruTanuj Poddar
 
Succession planning and management by ehab elbaz
Succession planning and management by ehab elbazSuccession planning and management by ehab elbaz
Succession planning and management by ehab elbazehab elbaz
 
Shipra-Kumari_-PGFC2041 (1) (1).docx final project report
Shipra-Kumari_-PGFC2041 (1) (1).docx final project reportShipra-Kumari_-PGFC2041 (1) (1).docx final project report
Shipra-Kumari_-PGFC2041 (1) (1).docx final project reportVivekpaswan8
 
Thesis presentation on evaluate the employees training & development prac...
Thesis presentation on evaluate the employees training & development prac...Thesis presentation on evaluate the employees training & development prac...
Thesis presentation on evaluate the employees training & development prac...Ahmad Kawser Zohair
 
YGIP_AIESECDU 2013 Audit
YGIP_AIESECDU  2013 AuditYGIP_AIESECDU  2013 Audit
YGIP_AIESECDU 2013 AuditAakash Malhotra
 
Introduction to the Universal Standards for Social Performance Management and...
Introduction to the Universal Standards for Social Performance Management and...Introduction to the Universal Standards for Social Performance Management and...
Introduction to the Universal Standards for Social Performance Management and...Microcredit Summit Campaign
 
“Nurturing the First Generation Entrepreneurs through Entrepreneurship Develo...
“Nurturing the First Generation Entrepreneurs through Entrepreneurship Develo...“Nurturing the First Generation Entrepreneurs through Entrepreneurship Develo...
“Nurturing the First Generation Entrepreneurs through Entrepreneurship Develo...Prakash Vadavadagi
 
A study on the Employee Satisfaction
A study on the Employee SatisfactionA study on the Employee Satisfaction
A study on the Employee SatisfactionAtul K. Shukla
 
hrd study material.docx
hrd study material.docxhrd study material.docx
hrd study material.docxvivekgupta1999
 
Beyond Smiley Sheets: Measuring the ROI of Learning and Development
Beyond Smiley Sheets: Measuring the ROI of Learning and DevelopmentBeyond Smiley Sheets: Measuring the ROI of Learning and Development
Beyond Smiley Sheets: Measuring the ROI of Learning and DevelopmentKip Michael Kelly
 
Launch of the SPTF Universal Standards for Social Performance Management
Launch of the SPTF Universal Standards for Social Performance ManagementLaunch of the SPTF Universal Standards for Social Performance Management
Launch of the SPTF Universal Standards for Social Performance ManagementSocial Performance Task Force (SPTF)
 
IRJET- Performance Management and its Counseling in Manufacturing Units
IRJET- Performance Management and its Counseling in Manufacturing UnitsIRJET- Performance Management and its Counseling in Manufacturing Units
IRJET- Performance Management and its Counseling in Manufacturing UnitsIRJET Journal
 
Part 3 Succession Planning.pptx
Part 3 Succession Planning.pptxPart 3 Succession Planning.pptx
Part 3 Succession Planning.pptxjo bitonio
 
Institute of management studies
Institute of management studiesInstitute of management studies
Institute of management studiesSumit Giri
 

Similar to EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM (20)

Objectives of edp's (2)
Objectives of edp's (2)Objectives of edp's (2)
Objectives of edp's (2)
 
Effectiveness of training program at icici pru
Effectiveness of training program at icici pruEffectiveness of training program at icici pru
Effectiveness of training program at icici pru
 
Succession planning and management by ehab elbaz
Succession planning and management by ehab elbazSuccession planning and management by ehab elbaz
Succession planning and management by ehab elbaz
 
Critical Evaluation of EDPs in India
Critical Evaluation of EDPs in IndiaCritical Evaluation of EDPs in India
Critical Evaluation of EDPs in India
 
Shipra-Kumari_-PGFC2041 (1) (1).docx final project report
Shipra-Kumari_-PGFC2041 (1) (1).docx final project reportShipra-Kumari_-PGFC2041 (1) (1).docx final project report
Shipra-Kumari_-PGFC2041 (1) (1).docx final project report
 
Thesis presentation on evaluate the employees training & development prac...
Thesis presentation on evaluate the employees training & development prac...Thesis presentation on evaluate the employees training & development prac...
Thesis presentation on evaluate the employees training & development prac...
 
YGIP_AIESECDU 2013 Audit
YGIP_AIESECDU  2013 AuditYGIP_AIESECDU  2013 Audit
YGIP_AIESECDU 2013 Audit
 
LIC HR POLICIES
LIC HR POLICIESLIC HR POLICIES
LIC HR POLICIES
 
Introduction to the Universal Standards for Social Performance Management and...
Introduction to the Universal Standards for Social Performance Management and...Introduction to the Universal Standards for Social Performance Management and...
Introduction to the Universal Standards for Social Performance Management and...
 
“Nurturing the First Generation Entrepreneurs through Entrepreneurship Develo...
“Nurturing the First Generation Entrepreneurs through Entrepreneurship Develo...“Nurturing the First Generation Entrepreneurs through Entrepreneurship Develo...
“Nurturing the First Generation Entrepreneurs through Entrepreneurship Develo...
 
Sub1574
Sub1574Sub1574
Sub1574
 
A study on the Employee Satisfaction
A study on the Employee SatisfactionA study on the Employee Satisfaction
A study on the Employee Satisfaction
 
Mastercard
MastercardMastercard
Mastercard
 
hrd study material.docx
hrd study material.docxhrd study material.docx
hrd study material.docx
 
Beyond Smiley Sheets: Measuring the ROI of Learning and Development
Beyond Smiley Sheets: Measuring the ROI of Learning and DevelopmentBeyond Smiley Sheets: Measuring the ROI of Learning and Development
Beyond Smiley Sheets: Measuring the ROI of Learning and Development
 
BizWiz Learning
BizWiz LearningBizWiz Learning
BizWiz Learning
 
Launch of the SPTF Universal Standards for Social Performance Management
Launch of the SPTF Universal Standards for Social Performance ManagementLaunch of the SPTF Universal Standards for Social Performance Management
Launch of the SPTF Universal Standards for Social Performance Management
 
IRJET- Performance Management and its Counseling in Manufacturing Units
IRJET- Performance Management and its Counseling in Manufacturing UnitsIRJET- Performance Management and its Counseling in Manufacturing Units
IRJET- Performance Management and its Counseling in Manufacturing Units
 
Part 3 Succession Planning.pptx
Part 3 Succession Planning.pptxPart 3 Succession Planning.pptx
Part 3 Succession Planning.pptx
 
Institute of management studies
Institute of management studiesInstitute of management studies
Institute of management studies
 

More from Navneetyadav711

More from Navneetyadav711 (7)

working capital management
working capital managementworking capital management
working capital management
 
Packaging
PackagingPackaging
Packaging
 
RESEARCH DESIGN
RESEARCH DESIGNRESEARCH DESIGN
RESEARCH DESIGN
 
Talent management
Talent managementTalent management
Talent management
 
Presentation sebi
Presentation sebiPresentation sebi
Presentation sebi
 
Paytm persentation
Paytm persentationPaytm persentation
Paytm persentation
 
Different models of organisations behaviour
Different  models of organisations behaviourDifferent  models of organisations behaviour
Different models of organisations behaviour
 

Recently uploaded

Motivational theories an leadership skills
Motivational theories an leadership skillsMotivational theories an leadership skills
Motivational theories an leadership skillskristinalimarenko7
 
Reflecting, turning experience into insight
Reflecting, turning experience into insightReflecting, turning experience into insight
Reflecting, turning experience into insightWayne Abrahams
 
LPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business SectorLPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business Sectorthomas851723
 
Management and managerial skills training manual.pdf
Management and managerial skills training manual.pdfManagement and managerial skills training manual.pdf
Management and managerial skills training manual.pdffillmonipdc
 
Farmer Representative Organization in Lucknow | Rashtriya Kisan Manch
Farmer Representative Organization in Lucknow | Rashtriya Kisan ManchFarmer Representative Organization in Lucknow | Rashtriya Kisan Manch
Farmer Representative Organization in Lucknow | Rashtriya Kisan ManchRashtriya Kisan Manch
 
原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证
原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证
原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证jdkhjh
 
Simplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes ThinkingSimplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes ThinkingCIToolkit
 
Board Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch PresentationBoard Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch Presentationcraig524401
 
Introduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-EngineeringIntroduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-Engineeringthomas851723
 
Beyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why Diagram
Beyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why DiagramBeyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why Diagram
Beyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why DiagramCIToolkit
 
From Goals to Actions: Uncovering the Key Components of Improvement Roadmaps
From Goals to Actions: Uncovering the Key Components of Improvement RoadmapsFrom Goals to Actions: Uncovering the Key Components of Improvement Roadmaps
From Goals to Actions: Uncovering the Key Components of Improvement RoadmapsCIToolkit
 
LPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations ReviewLPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations Reviewthomas851723
 
How-How Diagram: A Practical Approach to Problem Resolution
How-How Diagram: A Practical Approach to Problem ResolutionHow-How Diagram: A Practical Approach to Problem Resolution
How-How Diagram: A Practical Approach to Problem ResolutionCIToolkit
 
Fifteenth Finance Commission Presentation
Fifteenth Finance Commission PresentationFifteenth Finance Commission Presentation
Fifteenth Finance Commission Presentationmintusiprd
 
Measuring True Process Yield using Robust Yield Metrics
Measuring True Process Yield using Robust Yield MetricsMeasuring True Process Yield using Robust Yield Metrics
Measuring True Process Yield using Robust Yield MetricsCIToolkit
 
Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)
Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)
Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)jennyeacort
 
Unlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency MatrixUnlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency MatrixCIToolkit
 

Recently uploaded (18)

Motivational theories an leadership skills
Motivational theories an leadership skillsMotivational theories an leadership skills
Motivational theories an leadership skills
 
Reflecting, turning experience into insight
Reflecting, turning experience into insightReflecting, turning experience into insight
Reflecting, turning experience into insight
 
LPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business SectorLPC Warehouse Management System For Clients In The Business Sector
LPC Warehouse Management System For Clients In The Business Sector
 
Management and managerial skills training manual.pdf
Management and managerial skills training manual.pdfManagement and managerial skills training manual.pdf
Management and managerial skills training manual.pdf
 
Farmer Representative Organization in Lucknow | Rashtriya Kisan Manch
Farmer Representative Organization in Lucknow | Rashtriya Kisan ManchFarmer Representative Organization in Lucknow | Rashtriya Kisan Manch
Farmer Representative Organization in Lucknow | Rashtriya Kisan Manch
 
原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证
原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证
原版1:1复刻密西西比大学毕业证Mississippi毕业证留信学历认证
 
Simplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes ThinkingSimplifying Complexity: How the Four-Field Matrix Reshapes Thinking
Simplifying Complexity: How the Four-Field Matrix Reshapes Thinking
 
Board Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch PresentationBoard Diversity Initiaive Launch Presentation
Board Diversity Initiaive Launch Presentation
 
Introduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-EngineeringIntroduction to LPC - Facility Design And Re-Engineering
Introduction to LPC - Facility Design And Re-Engineering
 
Beyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why Diagram
Beyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why DiagramBeyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why Diagram
Beyond the Five Whys: Exploring the Hierarchical Causes with the Why-Why Diagram
 
From Goals to Actions: Uncovering the Key Components of Improvement Roadmaps
From Goals to Actions: Uncovering the Key Components of Improvement RoadmapsFrom Goals to Actions: Uncovering the Key Components of Improvement Roadmaps
From Goals to Actions: Uncovering the Key Components of Improvement Roadmaps
 
LPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations ReviewLPC Operations Review PowerPoint | Operations Review
LPC Operations Review PowerPoint | Operations Review
 
How-How Diagram: A Practical Approach to Problem Resolution
How-How Diagram: A Practical Approach to Problem ResolutionHow-How Diagram: A Practical Approach to Problem Resolution
How-How Diagram: A Practical Approach to Problem Resolution
 
Fifteenth Finance Commission Presentation
Fifteenth Finance Commission PresentationFifteenth Finance Commission Presentation
Fifteenth Finance Commission Presentation
 
Measuring True Process Yield using Robust Yield Metrics
Measuring True Process Yield using Robust Yield MetricsMeasuring True Process Yield using Robust Yield Metrics
Measuring True Process Yield using Robust Yield Metrics
 
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Servicesauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
sauth delhi call girls in Defence Colony🔝 9953056974 🔝 escort Service
 
Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)
Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)
Call Us🔝⇛+91-97111🔝47426 Call In girls Munirka (DELHI)
 
Unlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency MatrixUnlocking Productivity and Personal Growth through the Importance-Urgency Matrix
Unlocking Productivity and Personal Growth through the Importance-Urgency Matrix
 

EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM

  • 1. EVALUATION THE PERFORMANCE OF ENTREPRENEURSHIP DEVELOPMENT PROGRAM SUBMITTED BY – NAVNEET YADAV MBA DUAL II SEM SUBMITTED TO – DR. JYOTSHANA PAREEK
  • 2.
  • 3. WHAT IS EDP? • EDP is a programme meant to develop entrepreneurial abilities among the people. In other words, it refers to inculcation, development, and polishing of entrepreneurial skills into a person needed to establish and successfully run his / her enterprise.
  • 4. NEED OF EDP • 1. Creation of employment opportunity • 2 Capital formation • 3. Capital regional development • 4. Use of local resources • 5. Improvement in the standard of living
  • 5. EVALUATION OF EDP • Evaluation of entrepreneurship development programs assesses the efficacy, degree of success, and the contribution of entrepreneurship development programs in India. It delineates the factors contributing to the success or failure of such programs, and evaluates the role of support agencies with reference to the promotion of first generation entrepreneurs through EDPs. • It was observed that one of every four trainees (26percent) actually started his/her enterprise after undergoing entrepreneurial training. • McClelland and Winter (1969) used the following criteria to assess the effectiveness of EDPs in motivating the entrepreneurs.
  • 6. QUALITATIVE EVALUATION OF EDP • evaluating the EDPs is to assess their effectiveness in developing ‘need for achievement’ among the entrepreneurs. This is also called the ‘qualitative evaluation of EDPs. • 1. Activity level of the respondents • 2. New enterprise established • 3. Total investments made • 4. Investments in fixed assets made
  • 7. 5. Number of people employed 6. Number of jobs created 7. Increase in profit 8. Increase in sales 9. Quality of product/service improved 10. Quicker repayment of loans
  • 8. • In other behavioral experiments (Sah,et al, 1974) the impact of EDPs is measured with the help of indices relating to the entrepreneurial behavior. • The entrepreneurial behavior is measured on the following four dimensions : • A. Planning orientation • B. Achievement orientation • C. Expansion orientation • D. Management orientation
  • 9. EVALUATION OF EDP IN INDIA • One of the earliest attempts in this direction was made by a team of researchers and experts appointed by the Gujarat Industrial and Financial Corporation to evaluate the effectiveness of the EDPs. The most recent and nationwide evaluation study on evaluation study on EDPs is one carried out by the ‘Entrepreneurship Development Institute of India, Ahmedabad (Awasthi abd Sebastian 1996).
  • 10.
  • 11. • It is found that the effectiveness of the EDPs is around 26 per cent. In other words, one out of every four trainees actually started his / her enterprise after undergoing entrepreneurial training. However, the expected start-up rate is slightly higher around 32 per cent. • Out of 430 trainees who could not be contacted personally during the field survey, according to the secondary sources, viz., family, friends, and neighbours, 17 per cent of them have already given up the idea of venture launching as they are engaged in some other activities. • The effectiveness of EDPs cannot be considered as impressive because about 07 out of every 10 trainees did not start enterprises after undergoing the EDP training. It means there are some problems or lapses here and there in conducting the EDPs’. Therefore, there lies the need for looking at the problems and constraints of EDPs.
  • 12. PROBLEMS OF EDPS: • EDPs suffer on many counts. The problems and lacunae are on the part of all those who are involved in the process, be it the trainers and the trainees, the ED organisations, the supporting organizations, and the state governments. • a. Trainer-motivations are not found upto the mark in motivating the trainees to start their own enterprises. • b. ED organisations lack in commitment and sincerity in conducting the EDPs. In some cases, EDPs are used as means to generate surplus (income) for the ED organisations.
  • 13. • c. Non-conducive environment and constraints make the trainer-motivators’ role ineffective. • d. The antithetic attitude of the supporting agencies like banks and financial institutions serves as stumbling block in the success of EDPs. • Thus, it is clear that the problems are not with the strategy but with its implementation.