Entrepreneurship: Concept, knowledge and skills requirement; characteristic of successful entrepreneurs; Distinction between entrepreneurship & intrapreneurship; Difference between self-employment & Entrepreneurship; need & importance of entrepreneurship; role of entrepreneurship in economic development; factors impacting emergence of entrepreneurship; Career as an entrepreneur
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Institutional support system and Govt. Programs: Start-up India, Make-in-India, Atal Innovation Mission, Support to training and employment for Women (STEP), Digital India, Department of Science and Technology, Stand-up India, PMKVY, SEED, Mudra Loan, Role of RIICO, RFC
Entrepreneurship Decision Process; Entrepreneurship Process; generating business ideas & opportunity recognition; Environmental scanning, Competitor and Industry analysis; Overview of Feasibility study;
Legal forms of business organizations: Proprietorship firm, Partnership, corporate firm including private limited and public limited, Cooperative firm; legal issues – intellectual property rights patents, trademarks, copy rights, trade secrets, licensing; franchising; Challenges in managing and growing an enterprise.
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