Entrepreneurship Development In India Research Articles

Exploring the Synergy between Financial Inclusion and Entrepreneurship Development- A Comprehensive Analysis of the Indian Landscape.

The present study intends to explore the relationship between financial inclusion and entrepreneurship development in India. Entrepreneurship development is essential for the economic growth of an economy. Financial inclusion by providing easy credit availability at affordable cost aids in entrepreneurship development. To measure the level of financial inclusion three basic parameters i.e., availability of banking services, penetration of banking services and usage of banking services is used. The level of entrepreneurship is measured through the number of new businesses registered per 1000 individuals of the age group 15 to 64. By employing multiple regression model, the study found a positive relationship between financial inclusion and entrepreneurship development in India. This finding underscores the significance of financial inclusion in not only aiding business initiation and expansion but also in catalysing job creation, boosting economic growth, and alleviating poverty.

Role of Pradhan Mantri Mudra Yojana Scheme for Women Entrepreneurship Development in India

Role of Pradhan Mantri Mudra Yojana Scheme for Women Entrepreneurship Development in India

Technological Transformation and the Role of Frugal Innovations in Entrepreneurship Development in India

The discourse revolving around technology for sustainable development is a persistent centre of discussion and debate in both developed and developing economies. Considering ‘the appropriate technology model’ as a relevant model of technological development in developing economies like India and China, this article highlights how much India has influenced both the concept and practice of appropriate technological development. This article contributes an extensive literature overview to understand the relationship between frugal innovation (FI; termed Jugaad innovations in some South Asian countries) and sustainability. Applying the ‘lead market theory’ as a theoretical framework and using various examples, an attempt has been made to establish the nature of the association between them. These objectives are aimed at understanding India’s position and potential in the market for FIs. The article addresses issues that connect and combine the underlying drivers of technology and sustainability in the context of FIs.

Fish Feed Processing Technology for Entrepreneurship Development in India

The objective of feeding fish is to provide the optimum nutritional requirements for good health, growth, yield while minimizing wastage to optimize profits. Though natural feed forms the main source of nutrition, supplemental feeding is necessary to obtain increased production in ponds. Therefore, a good artificial feed not only facilitate in meeting nutritional requirements but also help to maintain good water stability and acceptance by the fish. To produce supplementary feed with the desired physical characteristics, feed processing and technology has a major role to play for quality feed production. Commercial feed is mainly used by few advanced and progressive farmers while the high cost is prohibitive for the small and marginal farmers. Moreover, non-conventional ingredients are normally not used for fish feed production by aqua feed industry, resulting into increased cost of the feed in the market. Some of the limitations in using non-conventional ingredients are poor utilization by fish either due to presence of anti-nutritional factors or insufficient processing. Furthermore, the scientific information on fish feed technology of conventional and non-conventional feed ingredients are limited. Production of feed as per the requirements essentially involves industrial processing that needs to be marketed in the form highly preferred by the end-users. Hence, the entrepreneurs need to access and use technical information and technology available at the research institutes to produce the desired commercial demand. The combination of the technical knowledge, technological package and business skill would certainly ensure establishment of the successful venture of feed production to cater the demand.

A two-decade history of women’s entrepreneurship research trajectories in developing economies context: perspectives from India

PurposeThis paper seeks to add a historical perspective to the contemporary debate concerning women’s entrepreneurship in India. This study aims to explore the quantitative and qualitative research map of the research field of women’s entrepreneurship. Through this exploration, the authors aim to portray the historical and contemporary factors related to women’s entrepreneurship development in India, the problems and the opportunities. Future research opportunities are also identified based on the keyword analysis.Design/methodology/approachThe study uses a systematic literature review to analyze the historical and theoretical perspectives of women’s entrepreneurship in India. The bibliometric analysis portrays the publication landscape, including the most popular journals, authors and countries, citation analysis and keyword analysis. The content analysis reveals the thematic clusters of the research field.FindingsThe content analysis of the management literature on women’s entrepreneurship reveals four primary clusters from the research: contextual embeddedness in women’s entrepreneurship, reasons for starting a business, microfinance interventions and empowerment of women entrepreneurs and marginalization dynamics for women entrepreneurs in India’s informal sector. The study also presents implications for policymakers and a women entrepreneurs’ development framework.Originality/valueTo the best of the author’s knowledge, this study is the first to comprehensively analyze the management literature on women’s entrepreneurship in India from a historical perspective. The study combines bibliometric mapping and content analysis for a holistic presentation of the research field of women’s entrepreneurship in India and future research opportunities.

Political, economical, social, technological and SWOT analysis of beekeeping as a successful enterprise in India: An overview

Agriculture provides food for more than half of India's population. Entrepreneurial development among rural people is becoming more widely acknowledged as a strategy for overall rural community development. Rural people's entrepreneurial growth is increasingly being recognised as a strategy for achieving total rural community development. Beekeeping is an example of a successful agricultural business. By becoming entrepreneurs, beekeepers can increase their earnings and social capital. By boosting the income of rural beekeepers, reducing poverty, and protecting biological systems through pollination, entrepreneurial behavior contributes to sustainable development. The current review focuses on the several aspects of beekeeping as a profession on the core ideas of beekeeping entrepreneurship, its history, the distribution of honey-producing regions, and the wishes for its entrepreneurship development in India, as well as the important reasons for encouraging entrepreneurship. The current situation of beekeeping entrepreneurship in India, as well as the problems and opportunities it brings, were examined. This study examines the Strengths, Weaknesses, Opportunities, and Threats (SWOT) and Political, Economical, Social, and Technical (PEST) analyses of beekeeping as a business. As a result, the user is able to extensively research the market before beginning any new business. The focus of the review is on the business elements of beekeeping. In addition, the study highlights the beekeeping industry's future possibilities as well as the regulations sought by the Indian government.

Fostering Entrepreneurship And Supply Chain In Agri-Business In The Farming Community To Achieve Sustainable Rural Development In Namseling, Bhutan

Fostering Entrepreneurship And Supply Chain In Agri-Business In The Farming Community To Achieve Sustainable Rural Development In Namseling, Bhutan

Exploring state interventions in entrepreneurship development in India: evidence from Jammu and Kashmir

Exploring state interventions in entrepreneurship development in India: evidence from Jammu and Kashmir

Policy and Institutional Support for Agri- Entrepreneurship Development in India: A Review

As per NSSO data, 40% of the farmers feel that they would quit agriculture, if given a chance. The possible reason may be that agriculture per se is not that remunerative as the average income of Indian farmer has gone up only 20-30 times since 1970’s to 2015 whereas for other professions like school teachers, government employees and college professors it has risen 280-320 times, 120-150 times and 150-170 times, respectively. Only few farmers with appropriate business acumen are able to shift the focus from subsistence based and are getting profit owing to their entrepreneurial qualities. There is hardly proper appreciation of farmers as actors in the innovation system, little information provided about different sources of knowledge involved, or the flow of knowledge and little attention to long-term impacts on livelihoods. Extending entrepreneurial opportunities was prioritized in the Twelfth Plan which envisages that identification of rural enterprises and supporting their enterprises through setting up of common facility centres to ensure all important services including technology and skill training, entrepreneurship training, market information, access to institutionalized credit, power and other infrastructure and related facilities are readily provided. It was also emphasized in the roadmap of the Central Government Agenda to attain agricultural growth rate of 4%. The paper is an effort to review the institutional arrangements as well as policy advocacy available for Indian farmers to develop farm level entrepreneurship.

Entrepreneurship Development In India – Problems And Prospects


 - Business visionaries recognize a fundamental development in making and adding to the economy of a nation and expressly truly coming to fruition scene where there are rich open sections for movements to misuse the available resources and begin forceful undertakings. Regardless, the move of business in all countries and in all bits of any country isn't unpredictable even, as we see more stars ascending out of made countries. The present paper investigates various bits of business improvement in an economy and its activity in the money related development of a country. Another Catch 22 exists moreover as growing number of jobless masses, searching for provider's activity and incognizant about the wide open entryways for longing calling by honorableness of the nonappearance of heading about business undertaking. In a huge part of the creation countries including India, business has not found the spot toward the path educational program.

Institutional environment differences and their application for entrepreneurship development in India

PurposeThe purpose of the paper is to contribute to the understanding of regional entrepreneurial development by constructing an institutional environment index in India, where high heterogeneity is found in the economic development and entrepreneurial activities across its states. It tries to fill the gap of research which hampers the effectiveness of policy efforts to promote job growth through entrepreneurship development in India and contributes in understanding the phenomenon why the relative contribution of entrepreneurship varies across states.Design/methodology/approachThe paper uses a composite index of institutional quality based on the Penalty for Bottleneck (PFB) methodology to capture the institutional environment differences across the states of India. The relationship between the institutional environment and the measures of entrepreneurship is established through various statistical and econometric techniques such as correlation and regression.FindingsThe paper finds the regional and contextual institutional environment differences in India starker and more varied than is generally viewed. The empirical evidence suggests that the differences in institutional quality scores can play a significant role in explaining the variations in the extent of entrepreneurial activities across the Indian states. The findings of this paper demonstrate a differential influence of the local institutional environment on the entrepreneurial activities at a regional level in a developing economy like India.Research limitations/implicationsThis study is limited by the data sources and index design; therefore, it cannot completely specify all institutional factors and their combined influences on entrepreneurial activities at the regional level. However, it makes a significant contribution to expanding the current body literature of institutional environment reform and entrepreneurship development in developing countries.Practical implicationsThe policy implication of the paper highlights the need of policymakers to think outside the individual policy silos and consider the institutional environment as a whole. Priority attention of the policymakers should be on the institutional reform for any type of entrepreneurship development. A corollary implication of the O-ring theory of development and the PFB methodology is that the policy effort is allocated most effectively when it seeks to alleviate bottlenecks.Social implicationsThe main implication of this paper for the policymaking is that it is necessary to focus more on the weak institutional factors (bottlenecks) and on the general environment improvement for any entrepreneurship development.Originality/valueThe study contributes to study the problem of entrepreneurship discrepancy in India through the lens of institutions and institutional environment. This study is an improvement over the previous studies by testing the statistical significance of the institutional environment on the entrepreneurship.

The Empirical Perspectives on Rural Entrepreneurship Development in India

This paper aims at appreciating the need for and relevance of Entrepreneurial perspectives at the grass root level in the context of Indian economy. These days rural entrepreneurship is seen as the largest force in the development of the rural areas. Infect, many of the developing countries in the world have use the concept of rural entrepreneurship as a very successful method of deterring rural unrest. Entrepreneurial, orientation to rural development is based on stimulating local entrepreneurial talent and subsequent growth of indigenous companies. In this context, an entrepreneurial perspective as a strategic development intervention for the rural India is of great interest for the government and researchers in the country as a means to enhance the socio-economic well-being of the rural people especially the educated and unemployed rural youths. This paper attempts to contribute to the existing body of knowledge about rural entrepreneurship which exists rather in piecemeal form and attempts to broaden the awareness by presenting the conceptual frame of the prevailing philosophy of rural Entrepreneurism and Rural entrepreneurship development efforts in the Indian Perspective. This will enable the people concerned to capture a holistic perspective about the entrepreneurial practices, the status of rural entrepreneurship development in India, the present initiative in the form of rural entrepreneurship development schemes and programmes and institutional network development for rural entrepreneurship development.

Exploring State Interventions in Entrepreneurship Development in India: Evidence from Jammu and Kashmir

The Indian Government has been promoting entrepreneurship vehemently from last three decades, institutions were established and programs were launched. Jammu and Kashmir Entrepreneurship Development Institute of India (JKEDI) as part of this series of institutions has been working comprehensively in making entrepreneurship a common phenomenon among the masses. The purpose of this paper is to highlight the impact of entrepreneurial initiatives by the state government with the support of JKEDI towards the creation of new enterprises in Bandipora district of Jammu and Kashmir in India. Primary data has been collected with a structured schedule from 100 new JKEDI sponsored entrepreneurs from the district. Both qualitative and quantitative information was collected and analysed with simple statistical tools and analysis of the interview. The findings show that there is a positive impact of training, financial support and consultation for the overall development of entrepreneurship in both urban and rural areas of the district in particular and state as a whole.

Public Accountability Towards Entrepreneurship Development in India

Public Accountability Towards Entrepreneurship Development in India

IoT and Make in India: Exploring new horizons for sustainable Entrepreneurship Development in India

The advent of Internet of Things (IoT) is changing the day to day functionality of our life dramatically. IoT and Make in India project are creating waves by spreading its range to different sectors from homes to smart homes, from health to smart healthcare and much more. With an objective to transform India as the global manufacturing hub, the Government of India has launched the significant dream project by the name ‘Make in India’. Make in India initiative has the ability to take the Indian economy to the new pinnacles and create enormous employment opportunities. Because of its favorable approach, it has started getting attention from all over the world. The business-centric policies and the conducive environment for the investment are expected to play a major role in the realization of this project. Make in India campaign is immensely benefited by IoT for providing innovative ways to the sustainable development of manufacturing organizations. Taking into account the current scenario of technology, this review addresses the impact of IoT on entrepreneurship. Moreover, this research article focuses on definitions, characteristics, business value, relevance to manufacturing sector and adoption of Internet of Things in India. The main objective of this paper is to provide an overview of Internet of Things, digital transformation in India, and opportunities made available for startups through Make in India campaign.

Cluster Approach for Entrepreneurship Development in India

Clusters are increasingly recognised as an important feature of modern economies. Their presence has become more pronounced in the global economy—not less, as was sometimes assumed. Complementary concepts such as the global value chain point out that strong clusters benefit from strong external linkages and are well positioned to take advantage of them. Although there is still less evidence on the role and impact of cluster approach for entrepreneurship development, the experience and the conceptual framework suggest otherwise. Clusters can enhance the rate of entrepreneurship development and there are different ways to raise economic benefits for entrepreneurs from existing clusters. More complex is the question of how economies can develop new clusters and aid entrepreneurship development. With acase based approach, so this paper discusses and deliberates on the cluster approach adopted for entrepreneurship development in India.

Women Entrepreneurship Development in India

Role of Women in Economic Development is vital to achieve the inclusive growth. Entrepreneurship is one of the means to make involve them in Nation building and Economic Development. Till 1980s, only a very few women took Entrepreneurial activities in India1. In 1980, “New Delhi Declaration and Plan of Action” adopted to emphasize on development of entrepreneurial skills among the women. The decade (1980-1990) witnessed several institutional initiatives towards women entrepreneurship. Its only after the liberalization of Indian economy in 1990s, with the opportunities poured in and along with institutional support, Women entrepreneurship started to flourish. In this paper the concept and classification of Women Entrepreneurs is discussed. The hurdles faced by Women to set up the enterprises and the government schemes for Women Entrepreneurship development are also analyzed. The Success story of few Indian Women Entrepreneurs is narrated in brief. Finally it is concluded that the success of Women Entrepreneurship among City dwelling Upper middle Class Women should also be spread to Women in country side.

Infrastructure for Entrepreneurship Development in India's Trouble-Torn State of Manipur

India’s north eastern-most State of Manipur, bordering Myanmar is facing onslaught of violence and conflict for long. Despite rich natural resources and geographical advantage of Indo-ASEAN trade, the State is lagging behind the national level in terms of trade and commerce. In the present flat world, the strength of economy of a nation/region is primarily determined by the volume of trade and commerce. With the help of primary and secondary data, the present study explores the importance of entrepreneurship development in Manipur. What makes the entrepreneurial activities developed in Manipur is also displayed in this paper. With the help of logit model and using 113 sample of entrepreneurs, the study revealed that the physical infrastructure, especially road network and market opportunity (law and order condition of the State) have positive impact on entrepreneurship development in Manipur. Further, the study explored that the volume of Indian products is demanded less in the market of Manipur (Imphal) as the volume of local products and the goods coming from ASEAN countries increases.

Infrastructure for Entrepreneurship Development in India’s Trouble-Torn State of Manipur

India’s north eastern-most State of Manipur, bordering Myanmar is facing onslaught of violence and conflict for long. Despite rich natural resources and geographical advantage of Indo-ASEAN trade, the State is lagging behind the national level in terms of trade and commerce. In the present flat world, the strength of economy of a nation/region is primarily determined by the volume of trade and commerce. With the help of primary and secondary data, the present study explores the importance of entrepreneurship development in Manipur. What makes the entrepreneurial activities developed in Manipur is also displayed in this paper. With the help of logit model and using 113 sample of entrepreneurs, the study revealed that the physical infrastructure, especially road network and market opportunity (law and order condition of the State) have positive impact on entrepreneurship development in Manipur. Further, the study explored that the volume of Indian products is demanded less in the market of Manipur (Imphal) as the volume of local products and the goods coming from ASEAN countries increases.

Entrepreneurship as a Tool for the Empowerment of Rural Women in India

Women are considered an important human resource of the nation and every state should try to utilize them as mediators of economic growth and development. Encouragement for women entrepreneurship is one of the ways for that. But unfortunately the traditional mind set of the society and negligence of the state and respective authorities is an important obstacle for the women entrepreneurship development in India. In spite of that women of today break all those obstacles and involve themselves in various sectors and proving their excellence. Major part of national economic development is contributed by rural economy. Rural women have to be initiated to step out of home and take responsibilities in the society. Entrepreneurship is considered to be a key for women empowerment especially in rural areas and hence promotion of women entrepreneurs is focused highly by the government.There is a need of continuous attempt to inspire, encourage, motivate and co-operate women entrepreneurs, awareness programs should be conducted on a mass scale with the intention of creating awareness among women about the various areas to conduct business.This paper gives a brief idea about the importance of entrepreneurship and its influence on the empowerment of rural women. Also it throws light on constrains of rural women entrepreneurs with solutions to overcome those.