what various barriers to the development of Entrepreneurship in India?
The various barriers to the development of the Entrepreneurship Development : These are certain factors which either support entrepreneurship or act as barriers to the entrepreneurship. (1) Economic Barriers : (1) Raw Material : The lack of raw. Is normally the greatest economic barriers for the growth of entrepreneurship. Japanese society has been able to overcome the problem of lack of raw material through innovative management system. (2) Labour : Cheap labour of a developing country may primarily appear to be strength in promoting enterprise, but the fact is that cheap labour acts as a barrier in setting up the modern enterprise. (3) Capital : Capital is one of the most important prerequisite for setting up the new enterprises. Capital is a lubricant to the process of production. Entrepreneurship in any society increase with the increase in the supply of capital. Thus, a lack of availability of capital acts as a serious bar...
