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Developing entrepreneurial skills among youth is more important for the growth of an economy like India. It will create employment opportunities and increase the country's exports, which in turn will lead to improvement in the standard of living. The important skill with regard to the development of entrepreneurs is the entrepreneurial traits. The present paper analyzes whether the entrepreneurial traits among the commerce students of Arts and Science colleges in Theni district play an important role in developing their own establishments. The study also seeks to find out if there is any relationship between socioeconomic factors and the level of entrepreneurial traits. The paper concludes that entrepreneurial traits are important factors in developing prospective entrepreneurs and creating new ventures, and the educational institutions as well as the government should lend a helping hand to the students in this regard. [ABSTRACT FROM AUTHOR]

Self-employment is widely viewed as an important engine of economic and employment growth. This study attempts to examine the entrepreneurial performance of units in terms of their size of investment, number of workers, level of production, etc. Results show that entrepreneurial performance variables are positively and significantly correlated in rural and urban units. An attempt has been made in this paper to highlight the problems faced by entrepreneurs and finding a way out of the problems through suitable government policies like liberalized credit policies, exemption in tax rates, setting up of an association, etc. The study emphasizes that there is a need to enhance awareness among entrepreneurs regarding utilization of services provided by supporting agencies. [ABSTRACT FROM AUTHOR]