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The IUP Journal of Soft Skills
Training for Entrepreneurship: An Exploratory Study in Bangladesh
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The main objective of this study is to find out whether in Bangladesh, a university course on `entrepreneurship' at the undergraduate level encourages students to become entrepreneurs. To do the research, a total of 45 BBA (Bachelor of Business Administration) students of three different universities are interviewed. All these students have just completed a course on entrepreneurship. Some questions were asked on the importance of entrepreneurship, influence of training on entrepreneurship and motivation. The research concludes that students find a course on entrepreneurship important in their education. It is mainly because this course opens the door to think about an alternative career other than having a job. This course can also encourage many of the students to become entrepreneurs in future. It is because the course teaches them about the pros and cons of starting and running a business in a particular business environment. But in some cases, students become discouraged also by learning details about the dispiriting business environment of Bangladesh.

 
 

Entrepreneurs are lifeblood of the economy. Entrepreneurship helps to create wealth and decrease unemployment of the country. Entrepreneurs contribute to industrialization as well as to economic growth; they improve the standard of living, and tax revenues from their enterprises contribute to a nation's treasury (Dana, 2001). It is not easy to give a particular answer to the question: Why do people want to start and run independent businesses? Different answers may come from different people. Some people may start a business just because they love independence and hate to tolerate bossing in the jobs. Some may not have the capability and qualification to do a job; and as job is not available to them, they go for independent businesses to survive. Some may have some special skills and love challenges to run an independent business. Several motivational factors like need for affiliation, need for power and need for achievement (McClelland, 1961) are also responsible for going for an independent business. Whatever may be the reason, it can be said that in most of the times in the history of human civilization, there were entrepreneurs who did independent businesses and this trend of history still continues. For a few decades, entrepreneurs are regarded as value adding people to the society. Holt (1992) says, "the term entrepreneur may be properly applied to those who incubate new ideas, start enterprises based on those ideas, and provide added value to society based on their independent initiatives." These people are considered value adding persons because jobs are created in the society, capital formation is promoted, country's export trade is increased, concentration of economic power is reduced, balanced regional development becomes possible, forward and backward linkages among the industries are created and equitable redistribution of wealth, income and even political power is ensured (Khanka, 1999).

To become an achieving entrepreneur is not that easy. An entrepreneur should have several special characteristics that help him/her to become successful. An entrepreneur should be a risk taker, should be innovative, confident, goal-setter, hard worker and accountable (Siropolis, 1997). In other words, entrepreneurs must be persistent, confident, creative, optimistic and independent (Holt, 1992). In a workshop on entrepreneurship conducted at the East-West Center, Honolulu, in 1977, a list of characteristics and traits of the entrepreneurs was prepared (Meredith et al., 1982). This list says an entrepreneur should have characteristics like self-confidence, task-result orientation, risk-taking, leadership quality, originality and future orientation. It is not necessary that an entrepreneur should have all these characteristics at a very high rate. But the more a person has these qualities, the greater chance is there to become an entrepreneur (Meredith et al., 1982) because he/she will be able to perform the `entrepreneurial functions' properly because of these traits.

 
 

Soft Skills Journal, Business Environment, Entrepreneurship, Eeconomic Growth, Eeconomic Power, Risk Taking, Leadership Quality, Eentrepreneurial Functions, Eentrepreneurial Training, Mmethodological Traditions, Ssaturation Point, Bachelor of Business Administration, BBA, Entrepreneurship Development, Communication and Socializing Skills.