b i n n o v a i c u l t u r w u s i n e s f
E N T R E P R E N E UR S H I P m n a d c a t i o n u o n P l o y m e n t l t h e v i r o n m e n t n a n c e
A Study by National Knowledge Commission
Entrepreneurship in India
National Knowledge Commission 2008
©National Knowledge Commission, 2008
This report has been prepared by Amlanjyoti Goswami, Namita Dalmia and Megha Pradhan with support and guidance from Dr. Ashok Kolaskar and Mr. Sunil Bahri.
Table of Contents
Acknowledgements Executive Summary Chapter I Chapter II Chapter III Chapter IV Chapter V Chapter VI Chapter VII Annexure I : : : : : : : : Introduction: Why Entrepreneurship What Motivates Entrepreneurship Socio-cultural Factors Access to Early Stage Finance Education, Innovation and Entrepreneurship Business Environment for Entrepreneurship Conclusion: Encouraging Entrepreneurship List of Stakeholders and Details of Entrepreneurs Surveyed Entrepreneurship Profiles Methodology List of Resources Glossary vii viii 1 9 21 29 49 71 89 97 105 163 165 169
Annexure II : Annexure III : Annexure IV : Annexure V :
Table of Contents iii
List of Figures
Figure 1.1 : Figure 1.2 : Figure 2.1 : Figure 2.2 : Figure 2.3 : Figure 2.4 : Figure 2.5 : Figure 2.6 : Figure 2.7 : Figure 2.8 : Figure 2.9 : Figure 2.10 : Figure 3.1 : Figure 3.2 : Figure 3.3 : Figure 3.4 : Figure 3.5 : Figure 4.1 : Figure 4.2 : Figure 4.3 : Figure 4.4 : Figure 4.5 : Figure 4.6 : Figure 4.7 : Figure 4.8 : Entrepreneurship Pyramid Registration of new companies according to nature of economic activity Motivation to become an entrepreneur Highest motivation – Variations according to region Motivation – Variations according to gender Motivation – Variations according to age Motivation – Variations according to family background Motivation – Variations according to time periods Motivation – Variations according to level of work experience Positive factors Positive factors – Variations according to