Why should we have some knowledge about barriers to entrepreneurship?

1.	Why should we have some knowledge about barriers to entrepreneurship?
Answer» We should have some knowledge about barriers to entrepreneurship because of the following reasons: (a) An understanding of the barriers will help prospective entrepreneurs to develop a strategy to overcome them. (b) A systematic study of the barriers will lead to a proper understanding of the fields or areas in which they occur. (c) Once the barriers are clearly identified, the society, government and other supporting agencies can develop effective programs to tackle the issues to create a conducive entrepreneurial climate. (d) An insight into the barriers will lead to insight into the entrepreneur’s personality that is so essential in the process of entrepreneurship.

Answer»

We should have some knowledge about barriers to entrepreneurship because of the following reasons:

(a) An understanding of the barriers will help prospective entrepreneurs to develop a strategy to overcome them.

(b) A systematic study of the barriers will lead to a proper understanding of the fields or areas in which they occur.

(c) Once the barriers are clearly identified, the society, government and other supporting agencies can develop effective programs to tackle the issues to create a conducive entrepreneurial climate.

(d) An insight into the barriers will lead to insight into the entrepreneur’s personality that is so essential in the process of entrepreneurship.

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