He is the most important of the inputs in the economic development of a county. Entrepreneur competence exercises a considerable influence on the rate of economic growth. A person who initiates, establishes, maintains and expands new enterprise, constitutes a entrepreneurial class. The factors like economic and political conditions, availability of advanced technology and know-how state of art and culture of business and trading, existence of market for product, have a significant bearing on the development and growth of entrepreneurship. In this respect, training may have a definite impact on the success of entrepreneurship programme.

COMPONENTS OF ENTREPRENEURSHIP

·        He must have proper vision.
·        He must have creativity.
·        He must have organisational ability.
·        He must have technological knowledge.
·        He must have initiative.
·        He must have innovativeness.
·        He must be the best planner.
·        He must be a good leader.
·        He must be a motivator.
·        He must be an action orientator.
·        He must be a risk taker.
·        He must be a good communicator.
·        He must be a good administrator.


ENTREPRENEURIAL SKILL


Skill to deal with different challenging situations is an essential characteristic of an efficient entrepreneur. The entrepreneur is rarely a master of all management skills and yet he is responsible for all aspects of business. Many a times he has to be the General Manager, Production Manager etc. all rolled in one.