The Impact of Covid 19 on Entrepreneurship

Vol-5 | Issue-10 | October-2020 | Published Online: 15 October 2020    PDF ( 130 KB )
DOI: https://doi.org/10.31305/rrijm.2020.v05.i10.026
Author(s)
Ms. Poonam Kapoor 1; Dr. Poonam Sharma 2

1Assistant Professor in Commerce, Govt. College Jatauli Haily Mandi (Gurugram)

2Assistant Professor in Commerce, Govt. College Jatauli Haily Mandi (Gurugram)

Abstract

The function of Entrepreneurship and its commitment to the economy is very much perceived and incredible proof is accounted for in the global writing. In view of related knowledge and experimental proof, business enterprise can easily recognize and popularize new market patterns. Particularly, in critical times when opportunities are expanding, and where arched arrangements and procedures may work better for controllers and business people. These days, as Covid-19 moves from a general well-being pandemic to a monetary emergency, it would be of incredible enthusiasm for business entrepreneurs, workers, supervisors, and strategy chiefs to recognize significant patterns under and after Covid-19. There is a need to predict how Entrepreneurship in the globe will respond, and where to spend our energies. In the current scenario, most entrepreneurs are confronting trouble in activity. Particularly for small undertakings, these issues are more genuine than for different endeavors because of the extensive decrease in the interest for products and ventures. Actually, Small Entrepreneurs with their restricted capacity to counterattack the included dangers and bear the cost of the expenses because of the hindered business exercises, are confronting the troublesome issues of the absence of assets and liquidity, workers, clients, and innovation. This paper expects to consider the efforts made by the side of Government and entrepreneurs both to beat the negative effect of Covid-19 on enterprise.

Keywords
Entrepreneur, technology.
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