1. finance
2. investing
3. venture capital

AMERICAN RESEARCH THOUGHTS
Volume 1 │ Issue 6 │ April 2015
ISSN: 2392 – 876X
Available online at: www.researchthoughts.us
Impact Factor: 2.0178 (UIF)
UNDER GRADUATE STUDENTS’ ATTITUDE
TOWARDS ENTREPRENEURSHIP - AN
EARNEST NEED TO STUDY
Pramod Kumar Rajput1, R. K. Srivastava2 and Usha Dhulia3
Research Scholar (Education), SRT Campus Badshahithaul, Tehri Garhwal, Uttarakhand.
1
Dean School (Education), SRT Campus Badshahithaul, Tehri Garhwal, Uttarakhand.
2
HOD (Education), SRT Campus Badshahithaul, Tehri Garhwal, Uttarakhand.
3
Abstract: Entrepreneurship and Innovation are considered as the important domain for the economic
development of country. Entrepreneurship is a typical global phenomenon attaching millions of
economist, politicians and social workers. In general, entrepreneurs face problems in searching the
skilled and non-skilled employees. Conversely, this also means that modernization and improved
quality of vocational training could be of increasing value and may lead to increased mobility of the
group. As there may be varied degree of attitude towards entrepreneurship among under graduates,
the present study will be useful to the District Industry Centre and other entrepreneurship expansion
Agencies, expected job seeker and their guardians. The Study be also be beneficial to various private
sector and business group. The study may also motivate the graduate and other class-students
towards the arena of entrepreneurship.
Key Words: Entrepreneurship, Under graduate Students, District Industry Centre,
Vocational Training
THE BACKGROUND OF THE STUDY
The role of Education is the most important factor in the development of a nation.
No country can progress unless it focuses its attention on Education. This
education needs to be of high quality, because only quality Education can bring
the desirable changes among the people.
Even though India is a big country, it has many problems and one of the
major problem is unemployment. There are more than six crore well educated
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Pramod Kumar Rajput, R. K. Srivastava and Usha Dhulia- UNDER GRADUATE STUDENTS’ ATTITUDE
TOWARDS ENTREPRENEURSHIP - AN EARNEST NEED TO STUDY
youth in India who are unemployed. There has been a drastic increase in the
literacy rate in India over the past few decades. Unfortunately, this has failed to
curb the unemployment rate. Employment growth in the organized sector, both
Public and Private combined has been registering a steady decline. With the
continuing economic recession, the number of unemployed is only increasing
exponentially. It is widely feared that unless entrepreneurship activity is
encouraged and developed, there will be social chaos.
Entrepreneurship and Innovation are considered as the important
determinates of the economic development of a country. Entrepreneurship is a
typical global phenomenon attaching millions of economist, politicians and social
workers. In developed countries, entrepreneurship has gained attention in the last
few years.
The entrepreneurship is very an old concept according to which anyone
who undertakes commercial venture is called an entrepreneur. The more precise
meaning of entrepreneur is one who perceives a need and then bring together
manpower, material and capital required to meet that need. The degree of one’s
involvement in this respect is toward is his/her degree of awareness as well
attitude to entrepreneurship.
PRESENT SCENARIO
In the current scenario companies tackling the global economy face unprecedented
challenges
and
threats
as
well
as
remarkable
opportunities,
so
the
Entrepreneurship and Innovation are seen as the engine driving the economy and
this results in a growing interest in the development of education programs
encouraging
to
entrepreneurship.
Today
entrepreneurship
wants
to
be
intellectually challenged and some how to be different in society.
Generating a critical mass of entrepreneurship oriented to high levels of
growth depends on the quality of education (especially, quality, vocational
training and skill development) with Innovation (generating commercial value
through new and improved ideas) leading to Entrepreneurship.
An entrepreneurship culture drives creation of wealth form knowledge and
generates impetus for further innovation. Entrepreneurship, in turn, helps to
generate new jobs in the economy and to create a culture of independence, risk,
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Pramod Kumar Rajput, R. K. Srivastava and Usha Dhulia- UNDER GRADUATE STUDENTS’ ATTITUDE
TOWARDS ENTREPRENEURSHIP - AN EARNEST NEED TO STUDY
taking and confidence more amongst the emerging educated groups. A dynamic
entrepreneur at environment is supported by a vibrant academic culture with
innovation linking. As such, education status provides impetus and momentum to
the degree of Entrepreneurship.
McClelland (1965) had found that formal or informal training is necessary
for proper development of Entrepreneur capacities. Therefore a number of
programmers were being planned for developing entrepreneurship among the
younger generation.
Rao (1983) made the observation on engineering college students regarding
entrepreneurial development and suggested that a four able social climate need to
be created to promote entrepreneurship among the technical qualified persons.
Entrepreneurship has never been more important than it is today in this
time of financial crisis. At the same time, society focuses massive global challenges
that extend well beyond the economy. Innovation and entrepreneurship provide
away forward for solving the global challenges of the 21st century in, building
sustainable development, creating jobs, generating revenue economic growth and
advancing human welfare.
In general Entrepreneurs face problems in searching the skilled and nonskilled employees. This implies that there is a need for an increase in supply of
both categories of employees. There fore, vocational education appears to be of a
needful venture.
It is often observed that low-skilled employees do not enjoy necessary
higher market value and mobility wit work experience compared to their highly
skilled counterparts. In other word lack of skills reduces options for individuals.
For entrepreneurs, retaining low-skilled employees may not be as significant a
problems perhaps because wages for low-skilled workers are more or less the
same across many sectors and companies. Conversely this also means that
modernization and improved quality of vocational training could be of increasing
value and may lead to increased mobility of this group. Periodic upgrading of
skills may also increase growth opportunities for employees.
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Pramod Kumar Rajput, R. K. Srivastava and Usha Dhulia- UNDER GRADUATE STUDENTS’ ATTITUDE
TOWARDS ENTREPRENEURSHIP - AN EARNEST NEED TO STUDY
THE SCOPE OF THE STUDY
In present scenario the investigation finds that the aspirants seeking secured jobs
are increasing rapidly among higher education students who appear more
worried about their future employment. It is very much true that the jobs in
management sector are reducing day by day. Even in private sector most students
do not get job. On the other hand in this situation students are truing towards the
business sector which is now named as enterprises. The word, ‚entrepreneurship‛
has been emerged out from ‘enterprise’ that is a business set up. District Industries
Center and other Agencies are also motivating and helping the person in set-up of
enterprise. Even in this university itself, an Extension Education Department
works for encouraging and providing training to the educated persons for the
development of entrepreneurship. By these programmers currently, Students are
also being along with other persons benefitted. But the question arises to what
extent the university students are being attracted worth to entrepreneurship and
are framing their attitude on it. To get an appropriate answer in this concern there
needs an empirical research study and thinking on these lines the present research
study has been proposed.
The above description shows that the field of entrepreneurship has
attracted the various research scholars. But in none of the study, the Attitude of
under graduate students has been explored, where as there may be varied degree
of attitude towards entrepreneurship among under graduates. Keeping in view
the, present study has been designed for exploring the attitude of under graduate
students towards entrepreneurship.
The abilities and capabilities of one’s dealing with certain elements of
money capital, infrastructure, human beings and risk taking, related to any
commercial venture are being termed as one’s degree entrepreneurship. One’s
experiences of favoring/disfavoring to these aspects of entrepreneurship
determine one’s degree of attitude towards entrepreneurship.
Entrepreneurship is the first and arguable the most important step for
embedding an innovative culture and preparing the new wave of entrepreneurs,
entrepreneurial individuals and organizations. So we need to learn and create
models around the us and focus on integrating the most relevant and of high
quality practices.
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Pramod Kumar Rajput, R. K. Srivastava and Usha Dhulia- UNDER GRADUATE STUDENTS’ ATTITUDE
TOWARDS ENTREPRENEURSHIP - AN EARNEST NEED TO STUDY
Entrepreneurship requires ample number of productive human resource
with multiple skills for a sustained period of the time that can transform
opportunities, provided by the economy at the local, national and global levels.
These interconnected areas provide possibilities for mutually beneficial synergies
through the flow of ideas and wealth, which could generate high level of
dynamism. These are Education (including quality vocational training – skill
development), Innovation (generating commercial value through new and
improved ideas) and Entrepreneurship. Entrepreneurs generally agree on the
utility of education in this regard.
CONCLUSION
The present study will be innovative in unfolding the Entrepreneurial Attitude of
university students. The finding of study will be useful to the Commerce and
Business department particularly of university. The data of the present study will
be useful to the district industry centre and other entrepreneurship expansion
agencies, expected job seeker and their guardians. The finding of the study may
also be useful to government agencies like Employment exchange, ITI and other
agencies. However the study may be also be beneficial to various private sector
and business groups, the result of study may also be useful for the research sectors
of the various other departments in university; Such as education, psychology,
sociology, economic etc. The results of the study may also be useful to the
placement cell of the University. This study may also motivate the graduate and
other class-students towards the area of entrepreneurship.
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Pramod Kumar Rajput, R. K. Srivastava and Usha Dhulia- UNDER GRADUATE STUDENTS’ ATTITUDE
TOWARDS ENTREPRENEURSHIP - AN EARNEST NEED TO STUDY
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