Entrepreneurial Training

New venture management is largely an entrepreneurial activity. Its creation and sustenance greatly depend on entrepreneurial training, which is the act of exposing individuals to a learning experience that promotes knowledge and skills for enhancing entrepreneurial capabilities. The training serves as a catalyst that drives entrepreneurship. A well-trained entrepreneur is able to thrive when there are obstacles in new venture development. Effective entrepreneurial training prepares people for a lifetime career in entrepreneurship. In both formal educational institutions and informal training centers, the emphasis on entrepreneurial training is gaining increased attention as a result of emerging global challenges that have shrunk employment and limited economic opportunities. The desire to minimize the social consequences, which has assumed a global dimension, explains the emphasis placed on entrepreneurial training ...