The paper discusses the concept relating to entrepreneur, entrepreneurship and management. Its major focus is to relate these concepts to small industry, small businesses or small enterprises. Small enterprises resent a comprehensive universe which includes tiny and small industry and several self-employment oriented business activities. Besides, in view of raising level of employment in many developing countries, self employment offers one of the easier solutions. Another objective of the paper is to integrate the conceptual areas of entrepreneurship and management with problems of developing entrepreneurship in backward and underdeveloped regions. The role of the government and voluntary agencies is examined in this connection. The paper also emphasizes how it is necessary to develop culture for fostering entrepreneurship in various walks of life. This paper makes certain recommendation for training programmes, consultancy, related experience and counselling for entrepreneurship development.