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Institutions and Entrepreneurial Growth: The Indian Experien

Entrepreneurship is considered as the backbone of economic progress of a country. It has been established that the level of economic growth of an economy to a considerable extent, depends on the level of entrepreneurial activities. In this era of liberalisation, privatisation and globalisation entr...

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Bibliographic Details
Main Author: Agrawal, Sarita
Format: Article
Language:English
Published: 2009
Subjects:
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100 |a Agrawal, Sarita 
245 |a Institutions and Entrepreneurial Growth: The Indian Experien  |c Agrawal, Sarita. 
260 |c 2009 
520 |a Entrepreneurship is considered as the backbone of economic progress of a country. It has been established that the level of economic growth of an economy to a considerable extent, depends on the level of entrepreneurial activities. In this era of liberalisation, privatisation and globalisation entrepreneurs are making use of the opportunities emerging. The importance of institutions in structuring entrepreneurship and enterprises cannot be undermined as these arrangements are highly inimical to economic activity in an economy. Nonetheless it adapts to the politically determined policy framework. A key obstacle to economic growth in low-income environments is an inadequate level of entrepreneurship in non-traditional activities. It has been documented in the literature that countries grow by increasing the range of products that they produce, and not by concentrating on what they already do. Productive diversification requires entrepreneurs who are willing to invest in activities that are new to the local economy. In particular, institution has to adopt reforms that produce a boost in economic activity in the modern sector that were languishing and also identify the circumstances... 
650 |a Entrepreneurial Growth 
650 |a Innovation 
650 |a Institution Building 
650 |a Spirit Of Entrepreneurship, Institution 
650 |a Entrepreneurshiphip Research 
650 |a Eighth Biennial Conference On Contempora 
650 |a Biennial Conference Papers 
773 |a Eighth Biennial Conference on Contemporary Issues in Entrepr Research  |d March 19-21, 
999 |c 43001  |d 43001