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Small Capitalists or 'Agents in Underdevelopment'? A Case Study of a Large Industrial Estate in South Gujarat
In hardly any other country has the small-scale enterprise sector received as much official support as in India. Nevertheless, for a long time small scale industry could not find favour with scholars dealing with the Indian process of industrialisation. For those with a modernisation theoretical fra...
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| Format: | Article |
| Language: | English |
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The Journals of Entrepreneurship
1996
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| Online Access: | http://library.ediindia.ac.in:8181/xmlui/handle/123456789/1547 |
| Summary: | In hardly any other country has the small-scale enterprise sector received as much official support as in India. Nevertheless, for a long time small scale industry could not find favour with scholars dealing with the Indian process of industrialisation. For those with a modernisation theoretical frame of reference entrepreneurship was found wanting. Neo-marxists, on the other hand, saw no future for small-scale industry because of the stranglehold of large companies over the economy. The entrepreneurs were seen as commercially oriented and ’rent-seekers’, living off state revenues. With the help of the data relating to a large industrial estate in Gujarat, India, the author re-examines in this paper the validity of some of these views. |
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| Physical Description: | 41-64 |