Role of Management Education in Entrpreneurial Development
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Creator 1. V. Venkata Ramana
2. C.R. Rao Road
3. Urvashi Singh
Title Role of Management Education in Entrpreneurial Development
Publisher Asian Forum on Business Education (AFBE)
Publication Year 2554
Journal Title AFBE Journal
Journal Vol. 4
Journal No. 1
Page no. 309
Keyword Management Education,Entrpreneurial Development
ISSN 2071-7873
Abstract Entrepreneurship is the back-bone of any economy. In the absence of competitive entrepreneurs a nation finds itself burdened with unemployment, low quality products and services and in general a low quality of life. In recent times we have witnessed a shift from family-led businesses to manager-led businesses. In addition to that a lot of first generation entrepreneurs have also started taking bold steps in establishing their enterprises based on market opportunities. The debate continues as to whether entrepreneurship can be taught, and whether entrepreneurial development can be achieved through management education. Investigating the merit of the arguments for and against this issue, we can conclude that management can help one develop his/her entrepreneurial capabilities. Many leading management Educational Institutions and Universities across the world have established separate centers with the main focus on Entrepreneurial Development. The development of curriculum for entrepreneurial development and teaching-learning methods in this area is crucial keeping in view the changes in technology and the market place. This area is likely to be even more significant in the coming years in the field of management education.
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