Entrepreneurship as a Career Option – A Study among College Students
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Associate Professor, Faculty of Management Studies, Dr.MGR Educational and Research Institute Deemed to be University, Maduravoyal, Chennai
Publication date: 2019-03-16
Eurasian J Anal Chem 2018;13(Engineering and Science SP):emEJAC181201
Entrepreneurs can change our economical condition. The successful entrepreneurs with their creativity can enhance our standard of living, and also create wealth to our nation. They become job providers instead of job seekers. They help for the prosperity of our society as entrepreneurial development promotes industrial development, regional growth, and employment generation. Entrepreneurs are the seeds of industrial development and create greater employment opportunities which will reduce unemployment of youth. It indirectly helps for balanced regional development through increase in per capita income, increased saving and revenue to the government through income tax, sales tax, export duties and import duties. Mindset of students is to seek employment after their studies but if awareness on entrepreneurship is created among college students they might search for new ideas to start a business. Students must be motivated to take continuous effort to become entrepreneurs. If the students have innovative ideas, their managerial skills can be developed and this in turn will promote the economic development of our nation.