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Cluster Policy and Promotion of Entrepreneurship in North Ea

The paper examines the cluster policies and promotion of entrepreneurial activities in North East India in general and Tripura in particular. High level of entrepreneurship in India was reported by Global Entrepreneurship Monitor (GEM) Reports of several years but India's North East Region in g...

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Bibliographic Details
Main Author: Deb, Ratan
Format: Article
Language:English
Published: 2013
Subjects:
Description
Summary:The paper examines the cluster policies and promotion of entrepreneurial activities in North East India in general and Tripura in particular. High level of entrepreneurship in India was reported by Global Entrepreneurship Monitor (GEM) Reports of several years but India's North East Region in general and Tripura in particular have not been able to keep pace with the country's level of entrepreneurship development. Over the decades cluster policy has been introduced to provide a boost to the small scale industrial sector of the country as a whole. This has been conceptualized through the implementation of the idea of a balanced economic development, fostering entrepreneurship in MSME sector which is capable to generate maximum employment opportunity and income as well as earnings from exports. There is evidence of successful industrial clusters in India which significantly contribute to the country's economy by exporting 60% of their manufactured items. Positive relations between the clusters and entrepreneurship was suggested by several authors (porter and Delgado, 2010). In modern times developed and developing economy implementing the cluster concept as an instrument for the...
Physical Description:26 - 35