Entrepreneurship and skill development: A review of literature

This paper, analyzed the psychological factors relationship with entrepreneurship and skill development. Psychological factors encourage the abilities and inner skills of the human being in modern era for uplifting the social standard. It covers the information-processing model and the concepts related to psychological behaviour, feedback, design of practices, inner abilities. The psychological factors benefits in entrepreneurship and skill development. How does the structure of learning influence the retention of skills. It's also reviewed that can be done to facilitate the transfer of previous learning to the learning of new skills and also understand the differences in individuals ’learning styles influence their ability to learn skills. Researcher followed many research journals, books, government reports and secondary information regarding psychological factors, entrepreneurship and skill development. Author reviewed many psychological strategies like Cognitive Strategy, Associative Strategy, and Autonomous Strategy, management of anxiety and arousal and Goal setting. Research on entrepreneurship and skill developemnt is multi-disciplinary: economics, business management, psychology, sociology, and political sciences etc. Social psychology may provide the link with the socio-economic context of entrepreneurial behaviour and to the mental processes that surround decision-making. Entrepreneurial personality: theory in psychological literature + cultural image.