Factors of Entrepreneurship development:
Personal factorsÂ
·       Ability to cope with the situation
·       Age
·       Education
·       Personality
·       Intrapersonal communication ability
·       Achievement motivation
·       Self-confidence
·       Competence
·       Emotion
·       Understanding capacity
Environmental factorsÂ
        A.            Socio-cultural factorsÂ
·       Religion
·       Values
·       Rural-urban orientation
·       Marginality
·       Education
·       Tradition
        B.            Political and legal factorsÂ
·       Govt. legal bindings
·       Govt. policies
·       Rules and laws related to the industry and business
Â
Institutional factorsÂ
·       Financial institution
·       Training and development institution
·       Consulting firms
·       Incubators organization (old & pioneer)
·       Research organization
Micro factorsÂ
·       Enterprise itself
·       Suppliers
·       Intermediaries
·       Customers
·       Competitors
·       Public
Macro factorsÂ
·       Demographic factors
·       Economic factors
·       Physical factors
·       Technological factors
·       Cultural/social factors
OthersÂ
·       Venture capital
·       Experience entrepreneurs
·       Technically skilled labor force
·       Supplier’s accessibility
·       Proximity to universities
·       Availability of land facilities
·       Accessibility of transportation
·       Favorable loan and financial policies
·       Decepted population
·       Availability of supportive
·       Attractive living condition
·       Capital intensiveness
·       Research and development activities
·       Capital incentive ness
·       Proximity to corporate head quarters
·       Competitive situation
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