alexa Personal Traits of the Entrepreneurs

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Personal Traits of the Entrepreneurs

The United Nations Industries Development organization, has defined industrial estates as “a planned clustering of industrial enterprises offering developed sites, pre-build factory accommodation and a variety of services and facilities to the occupants.
One of the factors inhibiting industrialisation of under developed countries is social deterrent, while others being economic, administrative and international factors. Industrialisation is not merely a technological revolution, but a social transformation also. Industrialisation in the least developed countries in the early stages followed western industrialization pattern. High rate of population growth, mass illiteracy, and low per capital income, paucity of capital, prevalence of caste system, factionalism and lack of entrepreneurial ability are the major social deterrents that hamper the industrialization of a nation.

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