Growth of Small Scale Entrepreneurship: A Case Study of Nellore District

It is widely recognized that availability of entrepreneurial talent is one of the key variables in economic growth of a nation. The history of the economic development of all societies developed or under developed, bears evidence to the fact that the entrepreneurs had made a significant contribution in this respect. Entrepreneurship is that capacity in an individual to innovate. It involves a whole range of aptitudes like capacity to bear risks, to forecast prospects of enterprise, confidence, and competence in meeting unforeseen and adverse situations. As entrepreneur promotes a new venture, raises the where withal for it, assembles various factors of production and sets the business going. Hence economic development depends much upon entrepreneurship. In the light of above, the present study attempts to study the growth factors which contributed for the development of small scale entrepreneurship. The coastal district of Nellore in Andhra Pradesh state of India has been selected as the geographical area of the study. Out of 653 Units in the final sample frame, a 30 percent of the population was considered to determine the sample size. The sample units were selected randomly resulting in a sample size of 196 units. The data were collected through a structured questionnaire and informal interview