Teacher is considered to be the backbone of the society, a nation builder who plays an important role for the development of the nation. Today the world needs better and more committed teachers to meet the challenges of LPG (Liberalization, Privatization and Globalization) along with ICT in Educational sector. The teachers have to be multifarious and multidimensional. To meet the challenges of 21st century teacher education needs a total change. The curriculum and contents are to be revised. Entrepreneurship education is extremely important as it encourages innovation, fosters job creation and improves global competitiveness. The book “Entrepreneurial talents among teacher trainees in relation to their social motives and organizational climate’ focuses on the skilled development of male and female studying in government and private teacher education institutions and will be helpful for the teacher trainees for enhancing entrepreneurial talents for self-dependence and eradication of unemployment and useful to the educational administers policy makers for effective planning and implementation. There is a need to facilitate a space for innovations to take place so that the policies can be formulated accordingly. Innovations should be encouraged, and research quality indicators should be evolved to improve the quality of empirical research. University departments and research institutions need to undertake the required steps in the area of innovative research. There is an urgent need for a comprehensive framework for understanding the impacts of rapid developments and advancing implications for innovations in teacher education.