Globalized perspective on emerging trends in enterpreneurship-A review

The basic aim of this paper is to highlight the importance of Entrepreneurship in a developing country like India. Entrepreneurship is perceived as the creation of an innovative venture aiming to solve real life problems. Entrepreneurship helps to improve the economy of the country by creating employment opportunities which is of paramount importance at present. The paper showcases the change in meaning of Entrepreneurship over the years and also focusses on the new definition as defined in the modern age. Determinants leading to a successful venture of an Entrepreneur has been given light upon. The paper seeks to identify the factors that characterizes Entrepreneurship in the modern scenario. Spreading awareness among the masses about Entrepreneurship as a career path and informing them about the challenges and benefits associated with it, is also highlighted in this paper.