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Entrepreneurship Dimension in Transitional Economies

There is a paradigm shift in our development policies since 1990s. Our economy is in for a second transition from planned economic growth to liberalisation, privatisation and globalisation. The first transition was from colonial, underdeveloped to planned economic growth with social justice. During...

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Bibliographic Details
Main Author: Kumar, Uday M A
Format: Article
Language:English
Published: 1998
Subjects:
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Summary:There is a paradigm shift in our development policies since 1990s. Our economy is in for a second transition from planned economic growth to liberalisation, privatisation and globalisation. The first transition was from colonial, underdeveloped to planned economic growth with social justice. During the first phase of transition, Government itself played entrepreneurial role and also supported the growth of entrepreneurship in the private sector. The thesis of developing entrepreneurship has found its birth with McClellands' Achieving Society. It gained further momentum and the status of practical applicability in India with the Kakinada Experiment. The experiment by GIIC further strengthened - the belief that Entrepreneurs can be developed from any section of the society. In Dakshina Kannada. Science and Technology Entrepreneurs Park, at Karnataka Regional Engineering College has been training entrepreneurs since 1988. The paper attempts to critically examine how far the Entrepreneurship Development Programme has succeeded in activating the prime mover of development in the District Findings of the study are more relevant in assessing how the protectionist, state lead planned...