Vikas Publishing House Pvt. Ltd. Entrepreneurs’ Role Entrepreneurs are drivers of innovations, of job creation and of economic development. Entrepreneurship should be advocated and supported by the entire business world. Entrepreneurs in developed economies consider the primary contribution of the venture capitalists to be other than financial. Assistance with recruitment, financial planning, strategic partnering and complex negotiations are important contributions of VCs.
Vikas Publishing House Pvt. Ltd. Entrepreneurial Requirement To build entrepreneurial companies, there is need To develop service infrastructure. To reduce bureaucracy with regard to the creation of small businesses. To provide adequate incentives for entrepreneurs by reforming tax treatment of stock options and capital gains. To reform labour laws that takes into account the needs and limitations of small businesses.
Vikas Publishing House Pvt. Ltd. Future Prospects of Venture Financing Rehabilitation of sick units. Assist small ancillary units to upgrade their technologies. Provide financial assistance to people coming out of universities etc.