All governments encourage &

promote entrepreneurship in all section of society. In spite of all their efforts some societies are unable to produce sufficient number of entrepreneurs. There are certain factors which either support entrepreneurship or act as barriers to entrepreneurships.

ENVIRONMENTAL BARRIERS TO ENTREPRENEURSHIP

Capital ECONOMIC Labour Raw material
social NONECONOMIC personal

Capital is a lubricant to the process of production. Money is the resources that helps mobilise other resources like men, materials & machines.

Cheap labour of a developing country may appear to be strength in promoting enterprises, but the fact is that cheap labour is often unproductive or has low level of productivity.

In absence of raw material no enterprise can be established & in the absence of enterprises the entrepreneurs do not emerge.

SOCIAL BARRIERS
CULTURAL BARRIER EMOTINAL BARRIER

PERSONAL BARRIERS
Lack of sustained motivation
Difficulty with ambiguity Inability to dream

Impatience in solving problems

Lack of clean perception