SlideShare a Scribd company logo
1 of 30
“Nurturing the First Generation Entrepreneurs through
Entrepreneurship Development Programs”
2ND International Sustainable Cooperative and Social
Entrepreneurship Conference October 28th & 29th ,2021
Dr.Prakash.K.Vadavadagi
Associate Professor, B.V.V Sanghas Institute of Management
Studies, Baglkot, Karnataka, India.
Dr. Jagbir Singh Kadyan
Asst. Prof. Dept. of Commerce, Swami Shraddhanand College,
University of Delhi, New Delhi, India.
Dr.Abu Naser
Swami Sharaddhanand College, University of Delhi & London
Metropolitan University, London
2
Contents
• Introduction
• Review of Literature
• Research Design
• Analysis & Interpretaion
• Findings & Conclusion
• Objectives
• Need for the Study
• Methodology
Introduction
3
• Economic development is the primary concern of any country as it attributes to an
indispensable process of upward shift in real per capita income of the populace.
Acceleration of this phenomenon requires entrepreneurship.
• Entrepreneurship acts as an engine for development solving the fundamental
problems of unemployment, concentration of economic power, imbalanced
regional growth, an eventual loss of youth power in destructive activities and
many more.
• The industrially advanced nations such as USA, Germany and Japan make good
evidences for the assertion that an economy is an effect for which
entrepreneurship is the cause.
• Research has evidently demonstrated that, it is possible to develop entrepreneurs
through systematic exercises disproving the myth that entrepreneurs are born
with some inherent traits.
Need for the Study
• Unemployment and poverty continue to haunt India despite
planned efforts made to mitigate them. Hence entrepreneurial
development is very much relevant for India to overcome those
issues.
• Imparting entrepreneur skills is the key element for the promotion
of micro and small enterprises in general, particularly for the first
generation entrepreneurs.
• Entrepreneurship contributes for employment growth and increase
wealth for the national development and growth. Hence, each and
every nation gives priority to entrepreneurship development. In this
context, in India, the state and central government are funding lots
of institutions for the same.
• In order to promote entrepreneurial development, the policy
makers have been emphasising setting up of small scale industries.
• Considering the constraints that small entrepreneurs face while
initiating and launching their ventures, the government has given a
promotional package to facilitate them better.
4
• In this background the central and state governments in the country
started thinking in terms of fostering entrepreneurship through
training programs with the establishment of various training centres
at talukas, towns, district head quarters and cities (P Nagesh, 2008)
reserving a substantial amount of funds annually.
• In 1971 India embarked on a massive programme of
entrepreneurship development. Since then, there has been no look
back. Some 686 all India and state level financial institutions and
public sector banks have so far conducted hundreds of EDPs
training thousands of candidates across the country .
• Assessing and evaluating the whether Nurturing the First Generation
Entrepreneurs through Entrepreneurship Development Programs is
possible effectively .
5
RESEARCH OBJECTIVES
6
1. To know the demographic profile of the trainees
who have attended the EDP’s
2. To ascertain the role of EDP’s in nurturing the First
Generation Entrepreneurs.
REVIEW OF LITERATURE
• The review of literature reveals that until now studies have
concentrated on entrepreneurship, entrepreneurship education and
training, women entrepreneurship and very limited research has been
done on effectiveness of EDPs in nurturing the entrepreneurs.
• The studies varied in their objectives, coverage and content. However,
one common thread in all of them is the assessment of effectiveness
of EDPs in nurturing the entrepreneurs loosely defined.
• In short, the literature review shows that evaluation or effectiveness of
entrepreneurship development programme studies in nurturing the
entrepreneurs have been conducted in different parts of the world,
some studies are micro and others cover relatively wider area.
• When it comes to Karnataka state that to North West Karnataka
region, studies are sparse and are not comprehensive. Hence, this
research study .
7
RESEARCH METHODOLOGY
8
1. METHODOLOGY : The “Promotion EDP’s through training” is
designed as a descriptive one based on both primary and
secondary data and interactions with the key officials of
Rural Self Employment Training Institutions (RSETI) are
involved directly and indirectly with the organizing EDPs in
Bagalkot, Bijapur and Belgaum district.
2. RESEARCH DESIGN : The research design adopted for this study
was of ex-post facto in nature since the phenomenon had already
occurred.
9
3. SAMPLING DESIGN :In order to ensure a fair representation and
accurate coverage, a sample is selected on prorata basis in turn
which consists around a 20% of the total number of EDP trainees
from the study area which was chosen for detailed investigation.
Then, the respondents were selected on random sampling basis.
Sl.No District No of
Programmes
Conducted
No of Trainees
undergone training
programme in
General EDP from
2008-2012
Proportion Sample
selected
@20%
% age of
proportion
of sample
total
1 Bagalkot 30 815 27.36 164 27
2 Bijapur 26 800 26.85 161 27
3 Belgaum 46 1364 45.79 273 46
102 2979 100 598 100
Sample selection
10
SECONDARY DATA :
• The secondary data required for the study have been
collected from the following sources.
• District Industries Centre (DIC)
• RSETI of Bagalkot, Bijapur and Belgaum district.
• Entrepreneurship Development Institute of India Ahmadabad.
• News papers, magazines, journals, websites.
PRIMARY DATA :
• Primary data have been collected from the trainees of Rseti
from Bagalkot, Bijapur and Belgaum district through
structured interview schedule and discussion.
11
POPULATION : The population of the study is the
trainees of general EDP programmes conducted in
Bagalkot, Bijapur and Belgaum district by the RSETI.
TOOLS USED FOR COLLECTION OF PRIMARY DATA :
Keeping in view the objectives and the variables
under study an interview schedule was prepared and
that schedule was pretested to locate any ambiguity
in the question. After pretesting certain modification
were made in the schedule and final schedule was
used for data collection.
12
STATISTICAL TOOLS USED FOR THE ANALYSIS : The data
collected from the trainees were scored, tabulated and
analyzed by using SPSS .
13
SCOPE OF THE STUDY
• Scope of the study is limited to the state of
Karnataka and in particular to the North West
Karnataka Region (Bagalkot,Bijapur and Belgaum
District).
• The present study is restricted to the Nurturing
the First Generation Entrepreneurs through
Entrepreneurship Development Programs
supported by government of Karnataka i.e. RSETI.
Hence, the EDPs conducted by the institutions
other than RSETI and other EDPs supported
government of Karnataka are not taken up for the
study.
14
LIMITATIONS OF THE STUDY
• As the findings and conclusions of this study
are based on data collected from the trainees
in the study area, which may not be
generalized.
• The methodology followed and tools
employed in the analysis of the data involved
certain merits as well as demerits of their own
and also reflect the limitations of the
database.
15
Results and Discussions
16
DEMOGRAPHICS
17
Demographics
18
71%
29%
Male Female
27%
27%
46%
Bagalkot
Bijapur
Belgaum
39%
61%
Not Married Married
92%
8%
Hindu Muslim
61%
11%
4%
24%
OBC SC ST GM
4%
20%
53%
18%
5%
No formal Education
Below SSLC
SSLC To PUC
Degree
Technical
District
Gender Marital Status
Caste
Religion Education
Demographics
19
Fathers Occupation
Occupation Prior Work Experience
Locality
4%
9%
11%
12%
63%
Others
Farming
Service
Own Business
Unemployed
22%
25%
47%
6%
Service
Own Business
Farming
Others
51%
31%
6%
8%
4%
< 1
1-2
2-5
5-10
>10
74%
9%
17%
Rural Semi Urban Urban
EDP is going to help in establishing the unit
20
EDP is going to help in
establishing the unit
Count Percentage
Yes 568 95%
No 30 5%
Total 598 100%
The vast majority (at 95%) of the sample stated that EDP is going to
help them establishing the unit. The remaining 5% replied in negative
on this.
Programme content useful to you
21
Programme Content
useful to you
Count Percentage
Yes 589 98%
No 9 2%
Total 598 100%
The vast majority (at 98%) of the sample stated that the EDP
programme content was useful to them. The remaining 2%
replied in negative on this.
Undertaking any business activity before the EDP
22
Undertaking any
business activity
before the EDP
training
Count Percentage
Yes 64 11%
No 534 89%
Total 598 100%
The vast majority (constituting 89% of the sample) of the
respondents stated that they were not undertaking any business
activity before the EDP training. The remaining 11% respondents
stated that they were undertaking a business activity before the
EDP training.
Started a business after the EDP
23
Started a business after the
EDP
Count Percentage
Yes 477 80%
No 121 20%
Total 598 100%
The vast majority (constituting 80% of the sample) of the
respondents stated that they started a business after completing EDP
programme. The remaining 20% respondents replied in negative on
this.
Kind of business started/associated
24
Kind of business
started
Count Percentage
Trade 68 14%
Manufacturing 152 32%
Services 246 52%
Others 11 2%
Total 477 100%
Of the respondents who stated that they had started a business
after completing EDP programme, the majority (at 51%) had
stated a services business. Those who had stated a manufacturing
or trade businesses constituted 32% and 14%, respectively, of the
sample. Those who had started other types of business
constituted the remaining 2% of the business.
Overall satisfaction about EDP
25
Overall satisfaction about EDP N Mean
Std.
deviation
Attainment of expectations from EDP 598 4.34 0.40
content of the training programme 598 3.93 .742
quality of the training/facilitation skills of the
trainers
598 4.32 .688
level of satisfaction with EDP 598 4.42 .494
Self-rated Knowledge and Skills of the Trainees
after EDP
598 3.66 0.37
Application of skills in business achieved
through EDP
477 3.46 0.33
Entrepreneurial Competencies after EDP 462 4.29 0.36
Overall satisfaction about EDP 462 4.06 0.62
• In terms of satisfaction about EDP, the overall score
was 4.06. In terms of various parameters, 'Level of
satisfaction with EDP' achieved the highest mean score
of 4.42. This was followed by 'Attainment of
Expectations' and 'Quality of the training/facilitation
skills of the trainers' which achieved mean scores of
4.34 and 4.32, respectively. While 'Post training ratings'
and 'Content of the training programme' achieved
mean scores of 4.29 and 3.93, respectively, the same
achieved by 'Self-rated Knowledge and Skills of the
Trainees after EDP', 'Expectation from EDP' and
'Achieving through EDP' were 3.63, 3.46 and 3.51,
respectively.
26
Findings & Conclusion
• Majority of trainees (71%) are male participants and majority of the
participants (61%) are married.
• The vast majority of the respondents (92%) are Hindus followed by
Muslims (8%).
• 61% of respondents are from OBC category which constitutes the highest
participants followed by GM, SC and ST (24%, 11% & 3%) respectively.
• Majority of the respondents are not well educated, 53% respondents had
education of SSLC to PUC. Other respondents had education below SSLC
(20%), the respondents who have well educated Degree (18%) followed by
Technical (5%).
• Majority of the respondents are unemployed (63%) and those are
employed they are in own business, service, farming and other
occupation.
• Majority (47%) of the respondents fathers occupation is farming followed
by own businesses, services and other occupations.
27
• The majority (51%) of the respondents work experience is less than one year
followed by prior work experience of 1-2 years and 5-10 years constituted 31%
and 8% respectively.
• More number of respondents from rural areas (74%). Those from urban area
and semi urban areas constituted 17% and 9%, respectively, of the sample.
• Respondents’ annual income has increased considerably from mean score of
10.20 to 11.36 after undergoing EDP.
• Majority of the trainees who attended the training programme are not
undertaking any business activity before EDP (89%) and meagre (11%) number
of trainees undertaking business activity.
• The EDP programme is very effective in delivering its objective as 80% of the
respondents are established the business units with overall satisfaction about
business success with mean score of 3.72. Out of the respondents who
established the business units, majority of them 52% are in service, followed
by manufacturing 32%, trade 14% and other business 2%. 97% of respondents
are started business with proprietorship and only 3% in partnership form.
• Overall it is proven that EDP is very effective in fulfilling its stated objectives
with overall mean score 4.06.
28
Conclusion
• One of the ways to support Government efforts to fight poverty, unemployment
and regional imbalance, is to devise means of supporting the growth of the
entrepreneurship in India.
• EDP supported by government has made its contribution as evidenced from the
performance of the trained entrepreneurs by establishing and running their
business successfully.
• Firstly with this research it is proven that entrepreneurs are not necessarily born
but they can be developed through education and training.
• EDP programme is very effective in delivering its objective as 80% of the
respondents established the business units with overall satisfaction about business
success.
• The 52% of the respondents established their business in services followed by
manufacturing 32% and trade 14% and 72% of the respondents have expanded
their business.
• The important thing to note here that 89% of the trainees who attended training
programme were not undertaking any business activity before training programme
and after EDP 80% of the trainees started business.
• Finally we conclude that EDP’s are very effective in creating the first generation
entrepreneurs. Entrepreneur’s talent exists in every society and in all sections of
the society. Entrepreneurship potential is properly harnessed to accelerate the
pace of socio-economic development and balanced regional growth apart from
creating employment opportunities.
29
30

More Related Content

Similar to “Nurturing the First Generation Entrepreneurs through Entrepreneurship Development Programs”.pptx

Training and development in axis bank
Training and development in axis bankTraining and development in axis bank
Training and development in axis bankAmmy Chohan
 
New presentation edited
New presentation editedNew presentation edited
New presentation editedberhanu taye
 
influential_evaluation_case_studies
influential_evaluation_case_studiesinfluential_evaluation_case_studies
influential_evaluation_case_studiesFARID JAFARI HARANDI
 
THE POLICY OF NATIONAL DIRECTORATE OF EMPLOYMENT: FOCUS ON THE AGRICULTURAL A...
THE POLICY OF NATIONAL DIRECTORATE OF EMPLOYMENT: FOCUS ON THE AGRICULTURAL A...THE POLICY OF NATIONAL DIRECTORATE OF EMPLOYMENT: FOCUS ON THE AGRICULTURAL A...
THE POLICY OF NATIONAL DIRECTORATE OF EMPLOYMENT: FOCUS ON THE AGRICULTURAL A...jpsjournal
 
ICFAI - Business Environment and Law - preparation notes
ICFAI - Business Environment and Law  - preparation notesICFAI - Business Environment and Law  - preparation notes
ICFAI - Business Environment and Law - preparation notessmumbahelp
 
Performance appraisal for teachers
Performance appraisal for teachersPerformance appraisal for teachers
Performance appraisal for teacherstimcahill227
 
Objectives of performance management system
Objectives of performance management systemObjectives of performance management system
Objectives of performance management systemPandiani74
 
Bibliography for Evaluation of Development Performance
Bibliography for Evaluation of Development PerformanceBibliography for Evaluation of Development Performance
Bibliography for Evaluation of Development PerformanceDadang Solihin
 
New presentation edited
New presentation editedNew presentation edited
New presentation editedberhanu taye
 

Similar to “Nurturing the First Generation Entrepreneurs through Entrepreneurship Development Programs”.pptx (20)

Manikaran Power Ltd (1).docx
Manikaran Power Ltd (1).docxManikaran Power Ltd (1).docx
Manikaran Power Ltd (1).docx
 
Training and development in axis bank
Training and development in axis bankTraining and development in axis bank
Training and development in axis bank
 
New presentation edited
New presentation editedNew presentation edited
New presentation edited
 
influential_evaluation_case_studies
influential_evaluation_case_studiesinfluential_evaluation_case_studies
influential_evaluation_case_studies
 
CV_09_12_2015
CV_09_12_2015CV_09_12_2015
CV_09_12_2015
 
Critical Evaluation of EDPs in India
Critical Evaluation of EDPs in IndiaCritical Evaluation of EDPs in India
Critical Evaluation of EDPs in India
 
ST.MICHEAL PROJECT
ST.MICHEAL  PROJECTST.MICHEAL  PROJECT
ST.MICHEAL PROJECT
 
Why Youth Programs Fail to Deliver?
Why Youth Programs Fail to Deliver? Why Youth Programs Fail to Deliver?
Why Youth Programs Fail to Deliver?
 
Jagadish
JagadishJagadish
Jagadish
 
THE POLICY OF NATIONAL DIRECTORATE OF EMPLOYMENT: FOCUS ON THE AGRICULTURAL A...
THE POLICY OF NATIONAL DIRECTORATE OF EMPLOYMENT: FOCUS ON THE AGRICULTURAL A...THE POLICY OF NATIONAL DIRECTORATE OF EMPLOYMENT: FOCUS ON THE AGRICULTURAL A...
THE POLICY OF NATIONAL DIRECTORATE OF EMPLOYMENT: FOCUS ON THE AGRICULTURAL A...
 
Nyane C.V
Nyane C.VNyane C.V
Nyane C.V
 
ICFAI - Business Environment and Law - preparation notes
ICFAI - Business Environment and Law  - preparation notesICFAI - Business Environment and Law  - preparation notes
ICFAI - Business Environment and Law - preparation notes
 
Performance appraisal for teachers
Performance appraisal for teachersPerformance appraisal for teachers
Performance appraisal for teachers
 
Objectives of performance management system
Objectives of performance management systemObjectives of performance management system
Objectives of performance management system
 
Bibliography for Evaluation of Development Performance
Bibliography for Evaluation of Development PerformanceBibliography for Evaluation of Development Performance
Bibliography for Evaluation of Development Performance
 
SWC-SEED-MTE-PPT-23-11-2016
SWC-SEED-MTE-PPT-23-11-2016SWC-SEED-MTE-PPT-23-11-2016
SWC-SEED-MTE-PPT-23-11-2016
 
New presentation edited
New presentation editedNew presentation edited
New presentation edited
 
final vaibhav rcf
final vaibhav rcffinal vaibhav rcf
final vaibhav rcf
 
PA USAID.pdf
PA USAID.pdfPA USAID.pdf
PA USAID.pdf
 
Sip report
Sip reportSip report
Sip report
 

More from Prakash Vadavadagi

More from Prakash Vadavadagi (14)

Module 4 new.pptx
Module 4 new.pptxModule 4 new.pptx
Module 4 new.pptx
 
Financial_Planning_for_Young_Investors.ppt
Financial_Planning_for_Young_Investors.pptFinancial_Planning_for_Young_Investors.ppt
Financial_Planning_for_Young_Investors.ppt
 
Leadership Skills.pptx
Leadership Skills.pptxLeadership Skills.pptx
Leadership Skills.pptx
 
MODULE II Business Environment.pptx
MODULE II Business Environment.pptxMODULE II Business Environment.pptx
MODULE II Business Environment.pptx
 
BUSINESS ENVIRONMENT.pptx
BUSINESS ENVIRONMENT.pptxBUSINESS ENVIRONMENT.pptx
BUSINESS ENVIRONMENT.pptx
 
presentation1-160201194336.pptx
presentation1-160201194336.pptxpresentation1-160201194336.pptx
presentation1-160201194336.pptx
 
BUSINESS IDEA.pptx
BUSINESS IDEA.pptxBUSINESS IDEA.pptx
BUSINESS IDEA.pptx
 
Chapter 8.ppt
Chapter 8.pptChapter 8.ppt
Chapter 8.ppt
 
MANTHAN-2022 BP template.pptx
MANTHAN-2022 BP template.pptxMANTHAN-2022 BP template.pptx
MANTHAN-2022 BP template.pptx
 
dining etiquettes.pdf
dining etiquettes.pdfdining etiquettes.pdf
dining etiquettes.pdf
 
3 intellectualproperty-180721160234.pptx
3        intellectualproperty-180721160234.pptx3        intellectualproperty-180721160234.pptx
3 intellectualproperty-180721160234.pptx
 
Time Management Final (1).ppt
Time Management Final  (1).pptTime Management Final  (1).ppt
Time Management Final (1).ppt
 
ICSI_ProfessionalOpportunitiesPatentActandGIAct.ppt
ICSI_ProfessionalOpportunitiesPatentActandGIAct.pptICSI_ProfessionalOpportunitiesPatentActandGIAct.ppt
ICSI_ProfessionalOpportunitiesPatentActandGIAct.ppt
 
MANTHAN-2022_BP_template.pptx
MANTHAN-2022_BP_template.pptxMANTHAN-2022_BP_template.pptx
MANTHAN-2022_BP_template.pptx
 

Recently uploaded

Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and ModificationsMJDuyan
 
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Pooja Bhuva
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxheathfieldcps1
 
How to Add New Custom Addons Path in Odoo 17
How to Add New Custom Addons Path in Odoo 17How to Add New Custom Addons Path in Odoo 17
How to Add New Custom Addons Path in Odoo 17Celine George
 
Introduction to TechSoup’s Digital Marketing Services and Use Cases
Introduction to TechSoup’s Digital Marketing  Services and Use CasesIntroduction to TechSoup’s Digital Marketing  Services and Use Cases
Introduction to TechSoup’s Digital Marketing Services and Use CasesTechSoup
 
OSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsOSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsSandeep D Chaudhary
 
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptxOn_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptxPooja Bhuva
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxPooja Bhuva
 
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...EADTU
 
Economic Importance Of Fungi In Food Additives
Economic Importance Of Fungi In Food AdditivesEconomic Importance Of Fungi In Food Additives
Economic Importance Of Fungi In Food AdditivesSHIVANANDaRV
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSCeline George
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxPooja Bhuva
 
UGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdf
UGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdfUGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdf
UGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdfNirmal Dwivedi
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...Nguyen Thanh Tu Collection
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfDr Vijay Vishwakarma
 
dusjagr & nano talk on open tools for agriculture research and learning
dusjagr & nano talk on open tools for agriculture research and learningdusjagr & nano talk on open tools for agriculture research and learning
dusjagr & nano talk on open tools for agriculture research and learningMarc Dusseiller Dusjagr
 
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPSSpellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPSAnaAcapella
 
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptxHMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptxmarlenawright1
 
Play hard learn harder: The Serious Business of Play
Play hard learn harder:  The Serious Business of PlayPlay hard learn harder:  The Serious Business of Play
Play hard learn harder: The Serious Business of PlayPooky Knightsmith
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024Elizabeth Walsh
 

Recently uploaded (20)

Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
How to Add New Custom Addons Path in Odoo 17
How to Add New Custom Addons Path in Odoo 17How to Add New Custom Addons Path in Odoo 17
How to Add New Custom Addons Path in Odoo 17
 
Introduction to TechSoup’s Digital Marketing Services and Use Cases
Introduction to TechSoup’s Digital Marketing  Services and Use CasesIntroduction to TechSoup’s Digital Marketing  Services and Use Cases
Introduction to TechSoup’s Digital Marketing Services and Use Cases
 
OSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsOSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & Systems
 
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptxOn_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
 
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...
 
Economic Importance Of Fungi In Food Additives
Economic Importance Of Fungi In Food AdditivesEconomic Importance Of Fungi In Food Additives
Economic Importance Of Fungi In Food Additives
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
UGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdf
UGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdfUGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdf
UGC NET Paper 1 Unit 7 DATA INTERPRETATION.pdf
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
 
dusjagr & nano talk on open tools for agriculture research and learning
dusjagr & nano talk on open tools for agriculture research and learningdusjagr & nano talk on open tools for agriculture research and learning
dusjagr & nano talk on open tools for agriculture research and learning
 
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPSSpellings Wk 4 and Wk 5 for Grade 4 at CAPS
Spellings Wk 4 and Wk 5 for Grade 4 at CAPS
 
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptxHMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
 
Play hard learn harder: The Serious Business of Play
Play hard learn harder:  The Serious Business of PlayPlay hard learn harder:  The Serious Business of Play
Play hard learn harder: The Serious Business of Play
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 

“Nurturing the First Generation Entrepreneurs through Entrepreneurship Development Programs”.pptx

  • 1. “Nurturing the First Generation Entrepreneurs through Entrepreneurship Development Programs” 2ND International Sustainable Cooperative and Social Entrepreneurship Conference October 28th & 29th ,2021 Dr.Prakash.K.Vadavadagi Associate Professor, B.V.V Sanghas Institute of Management Studies, Baglkot, Karnataka, India. Dr. Jagbir Singh Kadyan Asst. Prof. Dept. of Commerce, Swami Shraddhanand College, University of Delhi, New Delhi, India. Dr.Abu Naser Swami Sharaddhanand College, University of Delhi & London Metropolitan University, London
  • 2. 2 Contents • Introduction • Review of Literature • Research Design • Analysis & Interpretaion • Findings & Conclusion • Objectives • Need for the Study • Methodology
  • 3. Introduction 3 • Economic development is the primary concern of any country as it attributes to an indispensable process of upward shift in real per capita income of the populace. Acceleration of this phenomenon requires entrepreneurship. • Entrepreneurship acts as an engine for development solving the fundamental problems of unemployment, concentration of economic power, imbalanced regional growth, an eventual loss of youth power in destructive activities and many more. • The industrially advanced nations such as USA, Germany and Japan make good evidences for the assertion that an economy is an effect for which entrepreneurship is the cause. • Research has evidently demonstrated that, it is possible to develop entrepreneurs through systematic exercises disproving the myth that entrepreneurs are born with some inherent traits.
  • 4. Need for the Study • Unemployment and poverty continue to haunt India despite planned efforts made to mitigate them. Hence entrepreneurial development is very much relevant for India to overcome those issues. • Imparting entrepreneur skills is the key element for the promotion of micro and small enterprises in general, particularly for the first generation entrepreneurs. • Entrepreneurship contributes for employment growth and increase wealth for the national development and growth. Hence, each and every nation gives priority to entrepreneurship development. In this context, in India, the state and central government are funding lots of institutions for the same. • In order to promote entrepreneurial development, the policy makers have been emphasising setting up of small scale industries. • Considering the constraints that small entrepreneurs face while initiating and launching their ventures, the government has given a promotional package to facilitate them better. 4
  • 5. • In this background the central and state governments in the country started thinking in terms of fostering entrepreneurship through training programs with the establishment of various training centres at talukas, towns, district head quarters and cities (P Nagesh, 2008) reserving a substantial amount of funds annually. • In 1971 India embarked on a massive programme of entrepreneurship development. Since then, there has been no look back. Some 686 all India and state level financial institutions and public sector banks have so far conducted hundreds of EDPs training thousands of candidates across the country . • Assessing and evaluating the whether Nurturing the First Generation Entrepreneurs through Entrepreneurship Development Programs is possible effectively . 5
  • 6. RESEARCH OBJECTIVES 6 1. To know the demographic profile of the trainees who have attended the EDP’s 2. To ascertain the role of EDP’s in nurturing the First Generation Entrepreneurs.
  • 7. REVIEW OF LITERATURE • The review of literature reveals that until now studies have concentrated on entrepreneurship, entrepreneurship education and training, women entrepreneurship and very limited research has been done on effectiveness of EDPs in nurturing the entrepreneurs. • The studies varied in their objectives, coverage and content. However, one common thread in all of them is the assessment of effectiveness of EDPs in nurturing the entrepreneurs loosely defined. • In short, the literature review shows that evaluation or effectiveness of entrepreneurship development programme studies in nurturing the entrepreneurs have been conducted in different parts of the world, some studies are micro and others cover relatively wider area. • When it comes to Karnataka state that to North West Karnataka region, studies are sparse and are not comprehensive. Hence, this research study . 7
  • 8. RESEARCH METHODOLOGY 8 1. METHODOLOGY : The “Promotion EDP’s through training” is designed as a descriptive one based on both primary and secondary data and interactions with the key officials of Rural Self Employment Training Institutions (RSETI) are involved directly and indirectly with the organizing EDPs in Bagalkot, Bijapur and Belgaum district. 2. RESEARCH DESIGN : The research design adopted for this study was of ex-post facto in nature since the phenomenon had already occurred.
  • 9. 9 3. SAMPLING DESIGN :In order to ensure a fair representation and accurate coverage, a sample is selected on prorata basis in turn which consists around a 20% of the total number of EDP trainees from the study area which was chosen for detailed investigation. Then, the respondents were selected on random sampling basis.
  • 10. Sl.No District No of Programmes Conducted No of Trainees undergone training programme in General EDP from 2008-2012 Proportion Sample selected @20% % age of proportion of sample total 1 Bagalkot 30 815 27.36 164 27 2 Bijapur 26 800 26.85 161 27 3 Belgaum 46 1364 45.79 273 46 102 2979 100 598 100 Sample selection 10
  • 11. SECONDARY DATA : • The secondary data required for the study have been collected from the following sources. • District Industries Centre (DIC) • RSETI of Bagalkot, Bijapur and Belgaum district. • Entrepreneurship Development Institute of India Ahmadabad. • News papers, magazines, journals, websites. PRIMARY DATA : • Primary data have been collected from the trainees of Rseti from Bagalkot, Bijapur and Belgaum district through structured interview schedule and discussion. 11
  • 12. POPULATION : The population of the study is the trainees of general EDP programmes conducted in Bagalkot, Bijapur and Belgaum district by the RSETI. TOOLS USED FOR COLLECTION OF PRIMARY DATA : Keeping in view the objectives and the variables under study an interview schedule was prepared and that schedule was pretested to locate any ambiguity in the question. After pretesting certain modification were made in the schedule and final schedule was used for data collection. 12
  • 13. STATISTICAL TOOLS USED FOR THE ANALYSIS : The data collected from the trainees were scored, tabulated and analyzed by using SPSS . 13
  • 14. SCOPE OF THE STUDY • Scope of the study is limited to the state of Karnataka and in particular to the North West Karnataka Region (Bagalkot,Bijapur and Belgaum District). • The present study is restricted to the Nurturing the First Generation Entrepreneurs through Entrepreneurship Development Programs supported by government of Karnataka i.e. RSETI. Hence, the EDPs conducted by the institutions other than RSETI and other EDPs supported government of Karnataka are not taken up for the study. 14
  • 15. LIMITATIONS OF THE STUDY • As the findings and conclusions of this study are based on data collected from the trainees in the study area, which may not be generalized. • The methodology followed and tools employed in the analysis of the data involved certain merits as well as demerits of their own and also reflect the limitations of the database. 15
  • 18. Demographics 18 71% 29% Male Female 27% 27% 46% Bagalkot Bijapur Belgaum 39% 61% Not Married Married 92% 8% Hindu Muslim 61% 11% 4% 24% OBC SC ST GM 4% 20% 53% 18% 5% No formal Education Below SSLC SSLC To PUC Degree Technical District Gender Marital Status Caste Religion Education
  • 19. Demographics 19 Fathers Occupation Occupation Prior Work Experience Locality 4% 9% 11% 12% 63% Others Farming Service Own Business Unemployed 22% 25% 47% 6% Service Own Business Farming Others 51% 31% 6% 8% 4% < 1 1-2 2-5 5-10 >10 74% 9% 17% Rural Semi Urban Urban
  • 20. EDP is going to help in establishing the unit 20 EDP is going to help in establishing the unit Count Percentage Yes 568 95% No 30 5% Total 598 100% The vast majority (at 95%) of the sample stated that EDP is going to help them establishing the unit. The remaining 5% replied in negative on this.
  • 21. Programme content useful to you 21 Programme Content useful to you Count Percentage Yes 589 98% No 9 2% Total 598 100% The vast majority (at 98%) of the sample stated that the EDP programme content was useful to them. The remaining 2% replied in negative on this.
  • 22. Undertaking any business activity before the EDP 22 Undertaking any business activity before the EDP training Count Percentage Yes 64 11% No 534 89% Total 598 100% The vast majority (constituting 89% of the sample) of the respondents stated that they were not undertaking any business activity before the EDP training. The remaining 11% respondents stated that they were undertaking a business activity before the EDP training.
  • 23. Started a business after the EDP 23 Started a business after the EDP Count Percentage Yes 477 80% No 121 20% Total 598 100% The vast majority (constituting 80% of the sample) of the respondents stated that they started a business after completing EDP programme. The remaining 20% respondents replied in negative on this.
  • 24. Kind of business started/associated 24 Kind of business started Count Percentage Trade 68 14% Manufacturing 152 32% Services 246 52% Others 11 2% Total 477 100% Of the respondents who stated that they had started a business after completing EDP programme, the majority (at 51%) had stated a services business. Those who had stated a manufacturing or trade businesses constituted 32% and 14%, respectively, of the sample. Those who had started other types of business constituted the remaining 2% of the business.
  • 25. Overall satisfaction about EDP 25 Overall satisfaction about EDP N Mean Std. deviation Attainment of expectations from EDP 598 4.34 0.40 content of the training programme 598 3.93 .742 quality of the training/facilitation skills of the trainers 598 4.32 .688 level of satisfaction with EDP 598 4.42 .494 Self-rated Knowledge and Skills of the Trainees after EDP 598 3.66 0.37 Application of skills in business achieved through EDP 477 3.46 0.33 Entrepreneurial Competencies after EDP 462 4.29 0.36 Overall satisfaction about EDP 462 4.06 0.62
  • 26. • In terms of satisfaction about EDP, the overall score was 4.06. In terms of various parameters, 'Level of satisfaction with EDP' achieved the highest mean score of 4.42. This was followed by 'Attainment of Expectations' and 'Quality of the training/facilitation skills of the trainers' which achieved mean scores of 4.34 and 4.32, respectively. While 'Post training ratings' and 'Content of the training programme' achieved mean scores of 4.29 and 3.93, respectively, the same achieved by 'Self-rated Knowledge and Skills of the Trainees after EDP', 'Expectation from EDP' and 'Achieving through EDP' were 3.63, 3.46 and 3.51, respectively. 26
  • 27. Findings & Conclusion • Majority of trainees (71%) are male participants and majority of the participants (61%) are married. • The vast majority of the respondents (92%) are Hindus followed by Muslims (8%). • 61% of respondents are from OBC category which constitutes the highest participants followed by GM, SC and ST (24%, 11% & 3%) respectively. • Majority of the respondents are not well educated, 53% respondents had education of SSLC to PUC. Other respondents had education below SSLC (20%), the respondents who have well educated Degree (18%) followed by Technical (5%). • Majority of the respondents are unemployed (63%) and those are employed they are in own business, service, farming and other occupation. • Majority (47%) of the respondents fathers occupation is farming followed by own businesses, services and other occupations. 27
  • 28. • The majority (51%) of the respondents work experience is less than one year followed by prior work experience of 1-2 years and 5-10 years constituted 31% and 8% respectively. • More number of respondents from rural areas (74%). Those from urban area and semi urban areas constituted 17% and 9%, respectively, of the sample. • Respondents’ annual income has increased considerably from mean score of 10.20 to 11.36 after undergoing EDP. • Majority of the trainees who attended the training programme are not undertaking any business activity before EDP (89%) and meagre (11%) number of trainees undertaking business activity. • The EDP programme is very effective in delivering its objective as 80% of the respondents are established the business units with overall satisfaction about business success with mean score of 3.72. Out of the respondents who established the business units, majority of them 52% are in service, followed by manufacturing 32%, trade 14% and other business 2%. 97% of respondents are started business with proprietorship and only 3% in partnership form. • Overall it is proven that EDP is very effective in fulfilling its stated objectives with overall mean score 4.06. 28
  • 29. Conclusion • One of the ways to support Government efforts to fight poverty, unemployment and regional imbalance, is to devise means of supporting the growth of the entrepreneurship in India. • EDP supported by government has made its contribution as evidenced from the performance of the trained entrepreneurs by establishing and running their business successfully. • Firstly with this research it is proven that entrepreneurs are not necessarily born but they can be developed through education and training. • EDP programme is very effective in delivering its objective as 80% of the respondents established the business units with overall satisfaction about business success. • The 52% of the respondents established their business in services followed by manufacturing 32% and trade 14% and 72% of the respondents have expanded their business. • The important thing to note here that 89% of the trainees who attended training programme were not undertaking any business activity before training programme and after EDP 80% of the trainees started business. • Finally we conclude that EDP’s are very effective in creating the first generation entrepreneurs. Entrepreneur’s talent exists in every society and in all sections of the society. Entrepreneurship potential is properly harnessed to accelerate the pace of socio-economic development and balanced regional growth apart from creating employment opportunities. 29
  • 30. 30