Entrepreneurship is business,trade and transactions.It is their own transaction.Entrepreneurship have preserve the traditional art,culture and skills.It is the source or base of small and cottage industry. It helps to utilize the raw materials which is available in rural area.It is the most important to rural people for the improvement of their living standard.Entrepreneurship is the process of actions of an entrepreneur who is a person always in search of something new and exploits such ideas into gainful opportunities by accepting the risk and uncertainty with the enterprise.
Role of Entrepreneurship in Rural Development
1. Change agent
2. Investment environment
3. Employment opportunities
4. Utilization resources
5. Fulfillment of need
6. Export promotion
Problems of Entrepreneurship
1. Small business
2. Centralized decision making system
3. Traditional management
4. Lack of professionalism and training
5. Poor human resource system
6. Traditional technology
7. Limited market
8. Inadequate infrastructure
9. Government policies and facilities
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