JoPRM (2015) 1-10 © STM Journals 2015. All Rights Reserved Page 1 Journal of Production Research & Management ISSN: 2249-4766(online), ISSN: 2347-9930(print) Volume 5, Issue 2 www.stmjournals.com Development of Entrepreneurship: A Case Study of Cooperative Cashew Processing Unit Parashram Jakappa Patil Department of Commerce, B.K.College, Belguam, Karnataka, India Abstract This study is explores that small and poor cashew farmers get benefit of business enterprises by forming cooperative cashew processing unit. This entrepreneurial process brings positive changes in local place. It focused on all entrepreneurship development and training activities of this unit. World Bank and IMF have considered cashew-nut industry as one of the poverty eradication tools at global level. It shows relevance of cashew-nut industry at global platform and India is the global leader of cashew business so it shows its relevance in Indian context as well. Cooperative form of business has got tremendous success in India. It is a unique form of business which enables small farmers to participate in the big business enterprises. This form of business has its own philosophy to make business. The business polices and strategies adopted by this form of business may be different from other forms of business. This paper explored that by using cooperative form of business; entrepreneurship development could take place in remote areas. It shows that there is potential in cooperative format to promote entrepreneurship. This study analyzed different aspects of cooperative cashew processing unit which is situated in remote hilly area which may be a role model for other processing units which are working in rural areas. It will also explain that this kind of units promote sustainable development of rural part of the country. Keywords: Cashew, cooperative unit, sustainable development, poor farmers, World Bank, IMF *Author for Correspondence E-mail: patilparashram9@gmail.com INTRODUCTION World Bank and IMF have considered cashew-nut industry as one of the poverty eradication tools at global level. It shows relevance of cashew-nut industry at global platform. India is the global leader of cashew business. Indian cashew-nut industry particularly positively influenced rural area. In India cooperative movement had brought positive changes in rural areas, it was successful in the past; though presently cooperative business form is struggling but it has strong potential. In India history of cooperative movement has a long back. Cooperative form of business has got tremendous success in India. It is unique form of business which enables to small farmers to participate in the big business enterprises. This form of business has its own philosophy to make business. The business policies and strategies adopted by this form of business may be different from other form of business. This paper explored that by using cooperative form of business, entrepreneurship development could take place in remote area. It shows that there is potential in cooperative format to promote entrepreneurship. COOPERATIVE FORM OF BUSINESS HELPING IN FORMATION OF CASHEW PROCESSING UNIT There are different forms of business such as sole proprietorship, partnership, cooperative, joint stock company and HUF etc. However for poor cashew farmers cooperative form of business is more suitable. Here it has been described that cooperative form of business helps in many ways in formation and running of cashew processing units. Cooperative form of business gives an opportunity to poor cashew farmers to form cashew processing units collectively which is otherwise not possible for poor and illiterate cashew framers. For individual cashew farmers it is very difficult to establish and run processing unit,