Performance - Oriented Selection Criteria for Rural Entrepreneurs
AbstractThe paper presents a fully operational method of selection for financing rural entrepreneurs engaged in such activities as manufacturing, processing, trade and services etc. An interdisciplinary approach was used to qualify the selection variables as well as entrepreneurial performance. The selection variables include both economic and socio-psychological variables. In the former category entrepreneurs business background, initial capital and managerial function were considered, while in the later category educational background, motivation, aspiration and overall modernity scales were used. All relevant variables were scored and quantified. Among performance variables, average annual percentage increase in fixed capital, gross turnover and an index of diversification was used. Selection criteria was worked out by making the variables according to the weights computed in working out economical correlations between the selection and performance variables set.
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Bibliographic InfoPaper provided by Indian Institute of Management Ahmedabad, Research and Publication Department in its series IIMA Working Papers with number WP1977-01-01_00221.
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