Attitude Of Management Students Towards Entrepreneurship Business Essay

Attitude Of Management Students Towards Entrepreneurship Business Essay Entrepreneurship and small business creation are cornerstones of economic Development throughout the world. Entrepreneurial development today has assumed special importance, since it is a key to economic development. The impact of entrepreneurship education has been recognized as one of the crucial factors that help youths to understand and foster an attitude toward entrepreneurship. Management education provides a great potential for the establishment of new, small businesses. There is huge opportunity for developing management graduates as entrepreneurs. However, this potential is not exploited to its full extent. The purpose of the research is to examine management student’s attitudes towards entrepreneurship, as well as their views of entrepreneurship as career option and interest in entrepreneurial training. This study was conducted in selected districts of North Karnataka. A total of 200 questionnaires were sent to Management students and 152 students ware responded. Th e research shows that majority of the respondents are having positive attitude towards the entrepreneurship. (Keywords: Attitude, Economic development, Career option, Management students,Entrepreneurship.) â€Å"ATTITUDE OF MANAGEMENT STUDENTS TOWARDS ENTREPRENEURSHIP: A STUDY OF SELECTED DISTRICTS OF NORTH KARNATAKA† INTRODUCTION: Entrepreneurship has become an everyday buzzword. Policymakers, economists, academicians and even university students are talking about it. Today, entrepreneurship is regarded as one of the best economic development strategies to develop country’s economic growth and sustain the country’s competitiveness in facing the increasing trends of globalisation (Ooi Yeng Keat et. al). Entrepreneurship and small business creation are cornerstones of economic Development throughout the world. Entrepreneurial development today has assumed special importance, since it is a key to economic development. The objectives of industrial development, regi onal development, regional growth and employment generation depend upon entrepreneurial development. Entrepreneurs are, thus the seeds of industrial development and the fruits of industrial development are greater employment opportunities to unemployed youth, increase in per capita income, higher standard of living and increased individual savings, revenue to the government in the form of taxation and balanced regional development (Poornima Charntimath 2007). The impact of entrepreneurship education has been recognized as one of the crucial factors that help youths to understand and foster an Attitude toward entrepreneurship (Gorman, Fanlon Là ¼thje and Franke 2002; Norfadilah 2003; Nor Aishah et al. 2005). Global Entrepreneurship Monitor (GEM) (2007) reports a constant growth of entrepreneurial activities in India. There are growing numbers of studies carried out to determine the influence of regional development and economic development, culture etc., on entrepreneurship.