Analyzing The Role Of Higher Education Institutions In Entrepreneur Development

Abstract

It is true that education assists people to operate more efficiently. It improves an individual's knowledge, skills, and capacities, preparing them to attain their goal. Business education, among many other educational disciplines, is more significant in emerging countries. It instills abilities and skills in individuals, enabling them to run and establish new business enterprise. It is a significant aspect in creating employment possibilities and accelerating the country's economic progress. Educational institutions play a significant role in developing young entrepreneurs' capacity by providing them with high-quality entrepreneurship education. A survey found that educated people are more inclined to establish their own enterprises. It was also observed that just 9.3% of youngsters are running their own enterprises, whereas 46.5% of younger people who received entrepreneurship instruction from higher educational institutions are managing their own firms, in contrast with 30.9% of younger people who did not receive higher education. The study looks on the impact of educational institutions on the growth of young entrepreneurs. This study is based on data collected during the large-scale project assessment 2022-23, which was conducted in Hyderabad. During the poll, 2,689 young individuals aged 15 to 29 were interviewed.