An Analysis of Entrepreneurial Effectiveness among Entrepreneurs

Abstract

The present paper is investigating the Entrepreneurial Effectiveness among Entrepreneurs in male and female and family background using the “Entrepreneurs Effectiveness Scale” in which Micro, Small and Medium Enterprises (MSMEs) play a key role in the overall economic development of a country. It not only plays a vital role in providing large employment opportunities at comparatively lower capital cost than large industries but also helps in industrialization of rural and backward areas thereby reducing regional imbalances. to acquire knowledge suitable for entrepreneurship; acquire the skills needed to use methods or techniques, analyze solutions and integrate action plans; identify and support entrepreneurial endeavors, skills and talent; develop affinity and support for all unique aspects of the business; create attitudes towards change and support new start-ups and other business activities. Purposive sampling method was used to gather the sample of 120 Entrepreneurs on Entrepreneurs Effectiveness Scale is tabulated. In this research, Family Background and gender taken as independent variables. “2×2 Factorial Design” was used to categorize. The responses of all 120 teachers on Entrepreneurs Effectiveness Scale for Entrepreneurs (EES) are tabulated under adequate subgroups by 2×2 factorial designs. The global look at the source of the gender and Family Background on Entrepreneurs Effectiveness Scale for Entrepreneurs (EES) shows their non- significant difference between genders. It suggests that there is a non-significant difference between effectiveness of entrepreneurs and the years of experience.