The path to growth: Accelerating entrepreneurship and innovation

Unemployment has been major problem in modern society inspite of abundance of natural resources and scientific inventions. The governments in developing countries are finding hard to provide employment to the major portion of the people. A good entrepreneurship can be the solution for minimizing the unemployment. It plays a catalytic and important role in the economic development of all the nations. It is a well recognized fact that a vibrant entrepreneurship holds the key to economic prosperity in an economy, characterized by abundant labour supply, unemployment and underemployment, capital scarcity, growing modern large industrial sector, giving scope for ancillarisation and so on.

Starting and successful functioning of the manufacturing enterprise is not an easy job. The article analyses the problems faced by the fishnet manufacturers which hinder the successful functioning of the enterprise. The analysis is made with the help of mean scores, mean differences, t statistics and factor analysis. The variables listed out the problems and constraints of fishnet entrepreneurs for successful functioning of their enterprises.