Introduction
Entrepreneurship is a dynamic and evolving discipline that plays a crucial role in economic development and social transformation. Udai Pareek, a pioneer scholar in organizational behavior and human resource development, provided significant insights into entrepreneurship, particularly concerning entrepreneurial role stress and the necessity of psychological support for entrepreneurs. His work remains highly relevant today as contemporary entrepreneurs navigate the challenges of globalization, technological disruption, and uncertain economic landscapes. This paper explores the significance of Pareek’s entrepreneurial lessons in the current era and their futuristic implications.
1. Psychological Dimensions of Entrepreneurship
Udai Pareek emphasized that entrepreneurship is not merely a business endeavour but a psychological journey fraught with stress, uncertainty, and transformation. His studies on entrepreneurial role stress highlight how entrepreneurs encounter multiple stressors, such as financial...