Factors Affection Entrepreneurship Development in Surkhet District

Abstract

Entrepreneurship, an ancient and transformative phenomenon, is
pivotal for societal and economic development. It involves
identifying innovative ideas and establishing new enterprises,
distinguishing itself from self-employment, which lacks
entrepreneurial risk-taking, resource mobilization, and production
organization. Entrepreneurs significantly contribute to national
income and rural prosperity through their ventures. This study
employs a mixed-method approach, integrating correlational and
causal-comparative research designs to explore factors
influencing entrepreneurship development in Surkhet district,
Nepal. Data were collected via structured questionnaires with a
five-point Likert scale using purposive sampling. Quantitative data
were analyzed using SPSS, employing descriptive statistics,
correlation and regression analyses, factor analysis, Cronbach’s
alpha, and multicollinearity tests. The findings confirm significant
relationships between entrepreneurship development and
variables such as training, government policies, environmental
factors, NGO support, and raw materials availability. These
results emphasize the importance of multifaceted support systems
for fostering entrepreneurship. Future research is encouraged to
explore dynamic policy analysis, policy interactions, and the
evolving ecosystem of entrepreneurial development.