Ravi Shankar Rai, Asha Prasad, B K Murthy
Entrepreneurship development is viewed as the success mantra in the upliftment of social and economic backwardness. The development of the entrepreneurial mindset is assumed that an outcome of proper settings of the different factors e.g. social, psychological, economical, environment and personal. So, the researchers constantly in the pursuit of designing the best fit model which can illustrate the entrepreneurial behavior. In this paper we have reviewed the three widely used such models which are (Shaper & Sokol, 1982; Bird, 1988; Ajzen, 1991).The paper aims to discuss the application of these models in different settings and not indicate that which the best is. The paper is useful for the further researches on the entrepreneurial behavior & intention escalation. In will be also useful in designing educational and training programmes for entrepreneurial development.