ENTREPRENEURSHIP - A Recipe
for Economic Development
Author: Dr. S. M.
Price: Rs. 240, Pages: 421
Reviewed by Prof. Dr. Khawaja Amjad Saeed
June 24 - 30, 2002
By the grace of Allah, Pakistan has an immense
opportunity to grow, develop and become a member of the Developed
Countries Club. Blessed with natural resources, backed up with
excellent hard working people and cushioned with an inherent desire to
be prosperous on wider footing' Pakistan is struggling to identify the
required niche to accelerate socio-economic development. This niche is
now fortunately provided by Dr. S. M. Naqi by contributing an
innovative work entitled " ENTREPRENEURSHIP ". He has
rightly added a sub-heading to the book by stating that it is a recipe
for economic development.
The crying need of today is Entrepreneurial
Revolution to usher in an era of prosperity for social stability in
Pakistan. The book is an appropriate response to meet the above
Some of the special features of the book include :
A solid effort for bringing Entrepreneurial Revolution in Pakistan.
A simple readable book for entrepreneurs.
Provides global and local research on characteristics
Provides practical steps for entrepreneurs as to how to start and run
a small business successfully.
Provides guidance to financial institutions as to how to help and
conduct the entrepreneurs through various stages for securing success.
It is a guide for owner managers of family business to secure
perpetually of their businesses.
The book contains various check lists to ensure high level of success
in business, trade and commerce by entrepreneurs
Spread over 11 chapters, the book is supported with
13 annexures and a bibliography. Major contents include :
1. Pakistan - A
member of LDC's Club 2. Entrepreneurship - 3. Entrepreneurship -
Pakistan Scenario 4. Small Business 5. Small Business for
Entrepreneurs 6. Small Business in Pakistan 7. Institutional Support
for SMEs in Pakistan 8. Setting Up and Running a Small Business (19
Sections) 9. Guide for Management of Resource Organizations
Responsible for Small Enterprise Development (7 Sections) 10. Family
Business (8 Sections) 11. Epilogue
Dr. S. M. Naqi has been a successful entrepreneur
himself. Besides making a distinct contribution in Government, Public
and Private sectors, he has demonstrated family business success in
Pakistan by establishing successful ventures. He has devoted his life
to promoting entrepreneurship by teaching in various schools of
business education in Pakistan and has made a rich contribution to the
cause of management development and education in Pakistan and abroad.
Since the birth of Pakistan, readers, scholars,
bankers and younger generation of Pakistan have been awaiting a book
containing guidelines for entrepreneurs. He has rightly stated that
entrepreneurs are not only born, but they can be developed.
I congratulate the author for his magnificent
effort. Indeed, wide readership in Pakistan and abroad will be greatly
benefitted from reading this book.
The book manifests that there is light at the end
of the tunnel and the commencement of entrepreneurial revolution will
be triggered off by this book to develop a firm and strong hope for a
prosperous Pakistan as rightly visualised by Allama Iqbal, the thinker
of Pakistan, and Quaid-e-Azam Muhammad Ali Jinnah, the founder of
Let us all seek inspiration
from the effort of Dr. S. M. Naqi and pledge full support to the above