AN EMPIRICAL STUDY OF SMALL SCALE ENTREPRENEURS IN SOLAPUR DISTRICT

Abstract

Entrepreneur plays a pivotal role in the economic development of any country. newlineEntrepreneurs are considered to be the most important economic agents for economic newlineaugmentation of any country. They act as owners, producers, coordinators, market makers, newlinedecision makers, risk takers and innovators. They provide an important allocation of resources newlinefor the best interest of their enterprises as well as the country. They are the economic pioneers newlineinitiating changes in the country/economic. They strive to increase productivity and improve the newlinequality production techniques, better plant layout and effective marketing policies. The ensure newlineproduction of better quality of goods and services at lowest cost. They generate employment newlineopportunities and arrange for the betterment of the standard of living. The entrepreneur are the newlinedynamic persons for innovation and gap filling (for market deficiencies) for economic newlinedevelopment. newline The word entrepreneur is derived from the French verb enterprendre. It means to undertake. Around 17th A. D. the term was used for architects and contractors of public work. In newlinemany countries, the entrepreneur is often associated with a person who starts his own new and newlinesmall business. Business encompasses manufacturing, transport, trade and all other self newlineemployed vacations in the service sector. But not every new small business is entrepreneurial or newlineentrepreneurship. newline newline