Work

Entrepreneurial ecosystem in India: Taking stock and looking ahead

Year: 2018

Type: article

Abstract: This round table article takes stock of the Indian startup ecosystem against the backdrop of its meteoric rise in recent years. The discussion identifies several positive aspects of the ecosystem—a plethora of opportunities to explore, availability of ample venture funding, and a young, educated workforce. However, in order to live up to its promise, the ecosystem needs to focus on value creation as opposed to valuation, educate its young entrepreneurs, and develop tolerance for well-intentioned failure. It also needs to solve the unique problems of India and ensure that the startup movement is inclusive.

Source: IIMB Management Review

DOI: 10.1016/j.iimb.2018.04.002

Author: Srivardhini K. Jha

Institution: Indian Institute of Management Bangalore

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: gold

Estimated APC paid: $1,200