Exploring the Impact of Entrepreneurial Skill Development on Business Operations: A Study of Micro Entrepreneurs in Chennai

Dr. B. Punitha

Micro Entrepreneurs, Entrepreneurial Skill Development, Business Operations, Business Management Skills, Behavioural Skills, Technical Skills.

India is a country known for its thriving business environment, with a significant proportion of its population, ranging from approximately 70 percent to as high as 80 percent, being self-employed. Encouraging entrepreneurial development and income-generating endeavors serves as a practical approach towards empowering individuals and addressing the issue of unemployment. The study was exploratory in nature and a combination of qualitative and quantitative research approach was adopted. The study was mostly based on the primary data sources and questionnaire and personal interview methods were adopted to collect the data. Based on a sample of 120 Micro Entrepreneurs (both men and women entrepreneurs) in Chennai district, descriptive and inferential analysis were carried out. Independent Sample “t” test, One-way ANOVA, Correlation and Multiple Regression Analysis were used to test the hypotheses. The research revealed that there is a strong relationship between the Entrepreneurial skill development and business operations of Micro Entrepreneurs. The study found that out of five Entrepreneurial skill development, the impact of Behavioural Skills on Business Operations is more than others. The study suggests that the Micro Entrepreneurs should take proactive steps to develop their entrepreneurial skills and improve the business operations by which they can increase their business performance. The study proved that various entrepreneurial skill development would lead to better business operations of Micro Entrepreneurs.

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