1Deputy Director, DDE., Annamalai University, and External Research Supervisor, Manonmaniam Sundaranar University, Tamilnadu
2Ph. D Research Scholar, Manonmaniam Sundaranar University, Thirunelveli
Online published on 19 May, 2016.
Entrepreneurs are frequently thought of as national assets to be cultivated, motivated and remunerated to the greatest possible extent. They can change the way we live and work. If successful, their innovations may improve our standard of living. In short, in addition to creating wealth from their entrepreneurial ventures, they also create jobs and the conditions for a prosperous society. Entrepreneurship is the dynamic process of create incremental wealth. The wealth is created by individuals who assume the major risks in terms of equity, time, and/or career commitment or provide value for some product or service. The product or service may or may not be new or unique, but value must somehow be infused by the entrepreneur by receiving and locating the necessary skills and resources. The study of entrepreneurship has relevance today, not only because it helps entrepreneurs better fulfill their personal needs but because of the economic contribution of the new ventures. More than increasing national income by creating new jobs, entrepreneurship acts as a positive force in economic growth by serving as the bridge between innovation and the marketplace. Though there are various measures taken by the government to promote the entrepreneurs in various districts, the results are varying depending upon numerous factors. Hence, in this paper the researcher made an attempt to study the impact of entrepreneurship development by the various assistance provided by District Industrial Centers in Sivagangai district of Tamilnadu.
