Sep'20
The IUP Journal of Entrepreneurship Development
Archives
Entrepreneurship Education Ecosystem in India: Current Practice and Proposed Framework
Entrepreneurs are being widely recognized as the drivers of economic growth, innovation and job creation, leading to an ever-increasing tendency for the policy makers to develop an entrepreneurial ecosystem for its perceived economic benefits. The economic success of nations is often attributed to encouraging and developing an entrepreneurial spirit among its populace. Thus, expansion in the level of entrepreneurial activity is considered to be an important political as well as socioeconomic goal of any economy. To achieve this goal, entrepreneurship education ranks high on the policy agenda of many countries as it is perceived to impact the entrepreneurial activity, though the magnitude of such impact is highly debatable. Nevertheless, huge investments have been made by both developed and developing countries in entrepreneurship education and training, as a myriad of positive effects have been stated to stem from such an initiative. The socioeconomic challenges faced by emerging economies like India emphasize the importance of such educational interventions in these economies. The last few decades have witnessed an increase in the number of entrepreneurship education and training programs in the developing countries as a panacea for rising socioeconomic problems like unemployment. In this context, the present study attempts to critically review the interrelationship between entrepreneurship education, entrepreneurial behavior and entrepreneurial success, which revealed mixed evidence. However, ignoring such conflicting evidence in the literature, entrepreneurship education is offered across various levels with the ultimate objective of achieving balanced socioeconomic development. Furthermore, this paper aims to assess the entrepreneurship education ecosystem in India by taking a holistic view, gain an insight into the challenges faced by entrepreneurship education and propose an effective framework for improving the quality of entrepreneurship education in the country. More...
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Place-of-Origin Effect: A Source of Entrepreneurship Development in North-East India
his paper attempts to draw the focus of the youth towards the rich heritage of the North-Eastern Region (NER) and cites caselets of several entrepreneurs who have built successful and sustainable business models. The NER market provides huge potential for entrepreneurship in various sectors like food processing, fruit and spices, animal husbandry, horticulture, service sectors, etc. There is a lot of scope for both conventional and unconventional products and services. It is the best time for the youth to explore the same and provide employment opportunities to the unemployed in the region. More...
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Entrepreneurial Development Among Dalits: A Mixture of State Interventions and Personal Capabilities
Equal development of every section of society is essential for the overall prosperity of any nation. But inequality exists in every society and things get worse when inequality of any group is caused by social discrimination. In India, historically 'Dalits' were subjected to social exclusion, but emerging market opportunities are opening avenues for Dalits as well to achieve equal economic status. Due to constitutional obligations, various Dalit empowerment schemes have also been introduced by the State. These State interventions have developed a negative sense against Dalits that they are surviving in business just because of State support system and they lack capabilities. Therefore, this study has been carried out with the objective to determine whether Dalits are in business just because of State interventions or whether they possess any individual attributes to perform on their own. The study uses the purposive sampling method for the collection of primary data and standard deviation based test of hypothesis. The authors conclude that Dalit entrepreneurship needs both State interventions through supportive policies and development programs. Individual entrepreneurial attributes of Dalits should also be acknowledged and their capabilities are required to be sharpened through State-supported entrepreneurial framework. More...
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A Study on College Students' Perception of Entrepreneurial Traits in the Midst of Covid-19
The young entrepreneurs share the task of the government in providing employment prospects to the deprived. The government cannot provide occupation to all the needy. The entrepreneurs are the moral fiber of the economy. The college students are the future entrepreneurs who are going to raise the economic growth. Hence, it is imperative to study the perceptions of the students in this regard at this gloomy juncture of Covid-19. The study was done during the lockdown period through online survey. More...
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