DOI: 10.36347/sjebm.2015.v02i07.009

Pages: 716-720

Entrepreneurship plays an important economic role in economic development with impact of Globalization and Liberalization on Entrepreneurship. The paper sought to identify the management and strategies for development of entrepreneurship in emerging economies. Companies consider innovations as a major engine to enhance their performance and to strengthen their competitive position in the market. The crucial role played by the entrepreneurs in the western countries has made the government of developing countries conscious of the significance of entrepreneurship in economic development. The paper concluded that with globalization, entrepreneurship is exposed to sever competition both from large scale sector, domestic, foreign and MNCs. Training and educational programs, capacitating as well as support from government should be improved for entrepreneurship development.