Essential Qualities and Major Problems and Barriers of Modern Entrepreneurs in Business Expansion and Productivity in Entrepreneurship Development

Ritesh Jameendar

Abstract


Entrepreneurship is a process which increases income of a nation, employment and production along with solving complex economic problems. Entrepreneurship deals with that ability due to which various risks are undertaken in business. It is a well mannered skill and qualification of an entrepreneur, with which he brings together the different means of production like land, labour, and wealth and uses them in the production of new products and services. In practical, entrepreneurship is risk bearing capacity and ability, it is that quality due to which profits are possible in the business organization and it also gives a way to creativity and innovation.

Keywords


Production, new products and services, employment, cut throat competition, economic growth, barriers and stoppage, expansion of business

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