On Understanding the Confluence of Recent Political Events with the Current State of Entrepreneurial Ecosystem in India
On Understanding the Confluence of Recent Political Events with the Current State of Entrepreneurial Ecosystem in India
Author(s): Subhashis NandySubject(s): National Economy, Supranational / Global Economy, Regional Geography, Governance, Economic history, Political history, Economic policy, Developing nations, Political economy, Economic development
Published by: Centre of European Dialogue and Cultural Diplomacy
Keywords: Entrepreneurial Ecosystem;India; Venture Capitalists; Global Entrepreneurship Monitor (GEM); Information Technology;
Summary/Abstract: This paper investigates the confluence of recent important political events and the current state of entrepreneurial ecosystem (EE) in India. Prior work has mainly focused on the development of EE only in certain cities in India but not in India’s states. Filling this gap of knowledge, the current work uses data from multiple sources (GEM data, World Bank, Indian government) to show that the development and growth of EE has taken a firm foothold across India after Modi’s win in the 2014 national election. Further, this work strives to develop an understanding of how the ascend of Modi’s leadership and recent reforms in India might have led to the development of a healthy EE. This paper also addresses certain challenges faced by institutions and entrepreneurs in India.
Journal: Journal of Global Politics and Current Diplomacy
- Issue Year: 6/2018
- Issue No: 1
- Page Range: 71-83
- Page Count: 13
- Language: English
