Entrepreneurial Competencies: An Empirical Study on Management Students of Himachal Pradesh

Abstract

Purpose/Objective: Successful business ventures fuel growth in economies, particularly in developing countries like India. Business schools around the world are trying to promote entrepreneurship education, as creation of more and more entrepreneurs can help in the overall development of a country’s economy. Due to increased competition in the business environment, it has become very important that business students possess high competencies for taking business and strategic decisions. Keeping in view the demand for entrepreneurial competencies in the present business context and increasing interest of the researchers in the field of entrepreneurship, this research paper is aimed to examine the entrepreneurial competencies among management students in the Central University of Himachal Pradesh. This study also explores the relationship of entrepreneurial competencies with demographics of students under study like gender, family background, social background, etc. Design/methodology: Descriptive research design is used in the present study. It is based on primary survey using questionnaire for collection of data from management students of Central University of Himachal Pradesh. In order to examine the entrepreneurial competencies, the indicators advocated by Entrepreneurship Development Institute of India (EDII) are used. Findings/Conclusion: The present study will give results regarding the entrepreneurial competencies which are present among the Management Students of Himachal Pradesh. It will also attempt to find the relationship of such competencies with their different demographic variables. Originality/contribution/value: This kind of study is original and will be a contribution in the existing literature as no such study has been conducted in Himachal Pradesh focusing on entrepreneurial competencies among management students. This study will also be helpful to the inspired business students to further develop their entrepreneurial competencies. Present study will also provide an insight to the policy makers and educators to promote entrepreneurship by enhancing the entrepreneurial competencies among students.