Entrepreneurship “A Boon or Bane” in Tourism Industry
Journal Title: IOSR journal of Business and Management - Year 2019, Vol 21, Issue 1
Abstract
Tourism industry play the vital role for the nation building and economic stability of the nation so the entrepreneurship became a gift in tourism industry with the cause of environmentally preserved, economically beneficial and sustainable development for the localities and their development. In the contemporary scenario, industrialized countries and in emerging countries the prime concerns are individual rational and creativeness of entrepreneurial business. Entrepreneurial concerns ultimately reduces unemployment rate, particularly educated youth. Examining tourists industry and tourism industry processes are the principal phase to empowering the educated youth to undertake tourism entrepreneurship business. The tourism industry is viewed as the agent of change in economic and social changes. Tourism entrepreneurship eliminates societal problems, but surge the fiscal growth and development of a country, resulting to rise in country GDP. Entrepreneurship in tourism related with all spheres of industry as tour operations, handicrafts, hotel industry, and supplementary accommodation so on entrepreneurs in tourism industry are more concern with economically, socially and environmentally process in an ethical manner.
Authors and Affiliations
Dr. Silbert Jose S. V.
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