A study on evergreen strategies that drive successful entrepreneurship in india

Rajeshwari S,Prakash T,Umamaheshwari K

doi:10.26524/jms.2019.32

Abstract

With more and more startups India can aspire to be world leader in skilled work and outsourcing destination for IT services. India has emerged as the fastest growing major economy in the world as per the Central Statistics Organisation and International Monetary Fund and it is expected to be one of the top three economic powers of the world over the next 10-15 years, backed by its strong democracy and partnerships. However, more important aspect is the technologicalenhancement they bring to the country. Startups involve dealing with new technology which generally lies at the highest end of value addition chain.

Highlights

The concept of strategic entrepreneurial agency to describe the impromptu and improvised nature of strategy making by managers of ventures in emerging markets
Youths in India are very talented, highly skilled and full of innovative ideas. This scheme is a big help to them to go in right direction using their new and innovative ideas
When faced with an uncertain situation in an unfamiliar market, what does an entrepreneur do to identify and adopt a new strategy? How does a manager adapt an existing strategy to the unfamiliar institutional contexts of emerging market? Strategy theory, often relying on firm-level constructs based on the experience of MNEs, would suggest the answer lies on the continuum with prospective, or intended, strategies on one end and descriptive, or emergent, strategies on the other

Summary

Introduction

The concept of strategic entrepreneurial agency to describe the impromptu and improvised nature of strategy making by managers of ventures in emerging markets. India is a country of many great legends that were famous all over the world because of their works, sharp mind and high skill. Our country is still on the developing track because of the lack of some solid support and ways to work in right direction. Youths in India are very talented, highly skilled and full of innovative ideas. This scheme is a big help to them to go in right direction using their new and innovative ideas

Strategy

Strategy planning

Know Your Competition

Valid Feedback

India’s top funded startups for 2017

Conclusion