Educational Institutions: Stepping Stone For Development Of Entrepreneurship Skills

Abstract

It is a universal fact that education enables people to work in more efficient way. It increases abilities, knowledge and skills of individual and qualifies them to reach desired destination. Among many disciplines of education, business education is of utmost
importance for developing countries. It inculcates skills and competencies to individuals and make them able to run and setup new business venture. It is a vital factor for increasing the opportunities of employment and hastening the pace of economic growth of the country. By providing quality entrepreneur education to the youths educational institutions play important role in building capacity of young entrepreneurs. Study reveals that educated people are more interested in running their own business. It also finds only 9.3% young people are running their own business about 46.5% young people received entrepreneurship education from business schools are running their business in contrastto 30.9% young people who did not attend business education. The objective of this paper is to examine the role of educational institutions in development of young entrepreneurs.