Faculty Development Programme in Entrepreneurship How to Teach Students to Set up Small Business Ventures

Abstract

For well over a century or even longer, entrepreneurship was confined to economic literature as a mere concept to explain the process of production, without giving much practical value to those involved in the task of enterprise development, which was perceived as mundane. Few until very recently believed that entrepreneurs could be a matter of teaching/training. Therefore, educational intervention in entrepreneurship was given less importance. The situation remained more and less untouched until scholars from other disciplines, particularly behavioural sciences, entered the arena. One of the pioneers in the genre was Prof. David C. McClelland, who demonstrated the role of teaching/training in entrepreneurship. Although, he was more interested in analyzing the psychological variables responsible for creating an entrepreneurial personality, progress since then has been swift and now entrepreneurship development has become almost a movement.