Factors affecting development of entrepreneurship

Internal factors affecting development of entrepreurship:

1. Desire to work independently.
2. Entrepreneurial ambition.
3. Forcing or compelling reasons.
4. Faciliating or supporting reasons.

• Occupational or work experience,
• Moral support,
• Imitative encouragement

External factors affecting development of Entrepreurship:

1. Availability of financial help.
2. Availability of infrastructure facilities.
3. Support from government and other agencies.
4. Anciliary support.
5. Entrepreneurial team.
6. Open and meritocratic environment.
7. Product and markets.