Determinants of success in Entrepreneurship with reference to Coimbatore district Tamilnadu
Main Authors: | M.Arunprasad, Dr. P Tamizhselvan |
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Format: | Article Journal |
Bahasa: | ang |
Terbitan: |
, 2018
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Subjects: | |
Online Access: |
https://zenodo.org/record/4305143 |
Daftar Isi:
- Once called the South Indian Manchester and known for its engineering and small scale industries, Coimbatore slowly over the period has been losing its Industrial presence which leads the researcher to look into the ability factors of the entrepreneurial success and failure in the small and medium scale manufacturing industries. The population of the study was firms under the associations like SIDCO and CODISSIA convenient sampling of 100 firms with a minimum lifespan of 5years was taken into account. A questionnaire with 10 factors and more than 100 variables was used to collect data by direct interview method. The content validity was done by the entrepreneurs. 10 null hypothesis were tested using Mann whiteny Utest for significance .the findings revealed that value creation, innovation, capital control, thorough knowledge of business, Personal positive traits leads to the success of entrepreneurship whereas fear of failure, poor money management, lack of focus, lack of vision, doing it all by self leads to the failure of entrepreneurship. Cross tabulation and chi-square test for dependency were also done with the company profile factors like age of the firm, number of employees, capital of the firm, education of the managing director, type of the firm with that of the above success and failure factors findings revealed that longer term, engineer or m.ba with higher capital and private or public ltd and proprietorship firms have seen success by following the above mentioned success factors