Performance Evaluation of Entrepreneurship Training Institutes - An Empirical Study

Abstract

Back ground: Entrepreneurship Training Institutes (ETIs) are playing primary role in development of entrepreneurs in India and are completely funded by the public resources. There is a need for more job providers than job seekers in current situation as unemployment affects the country’s youth extensively.
Purpose: The success of the entrepreneurs largely depends on the performance of entrepreneurship training institute; hence evaluation is most necessary for the improvement of such institute. The objective of the study in this backdrop is to evaluate the performance of entrepreneurship training institutes from the point of view of trained entrepreneurs.
Design of study: Empirical evaluation is the base for enhancement of performance of any institute and the study approaches qualitative and quantitative research and uses questionnaire for its research design. Primary data is collected by taking into consideration the opinions of actual entrepreneurs trained by these institutes and the annual reports of these institutes with the reports of government and funding agencies constituting the needed secondary data. Sixty trained candidates from two sample institutes of Udupi and South Canara districts of Karnataka State, India were randomly selected and interviewed for the purpose of study.
Findings: Various training attributes have their varying impact on the performance of entrepreneurship training institute while majority opinion streamlines the benefits derived by institutes along with obstacles faced at practical launching and operating of businesses.

Practical implications : Institutional evaluation is always broader than program evaluation. The present study would be beneficial for policymakers and decision makers at government and non-governmental organizations. It also helps the training institutes in improving their performance.