Entrepreneurship

Never before in the history of the world has there been such a variety of exciting international business opportunities. The movement of the once-controlled economies to more market-oriented ones, the advancement of the Pacific Rim and the new markets in the Middle East provide a myriad of possibilities for entrepreneurs wanting to start a new enterprise in a foreign market as well as for existing entrepreneurial firms desiring to expand their businesses globally. The world is truly global. The development and economic growth are intimately incorporated with entrepreneurship. In the world of intense competition, every country requires entrepreneurs at the core of their economic development. As a result of Information Technology, societies witness entrepreneurship crossing the boundaries of gender, classes, castes, languages, ethnicity etc. In this era of liberalization, privatization, and globalization along with the ongoing and fast-growing IT (Information Technology) Revolution, entrepreneurs play a key role in the economic development of every nation.