Empreendedorismo e Gestão Organizacional

Entrepreneurial Ecosystem in India: Role in policies

Abstract

Saurav Sonkar and Ashoke Kumar Sarkar

Entrepreneurial ecosystem is a much admired concept for explaining the growth and performance of enterprises present in a particular region. However, when we look for any fixed and reliable definition or for any set theory of entrepreneurial ecosystem it’s difficult to find, which makes it difficult to understand its architecture and its influence on entrepreneurial process. The present paper depicts that entrepreneurial ecosystem is composed of different societal factors including demographical factors along with materialistic factors. These factors provide benefits and resources to the enterprises and the combination of all factors constitutes a entrepreneurial ecosystem in which new and old both the enterprises operates and grows. This paper illustrates the policies adopted by 6 major revenue generating states in India and the role and influence of State government policies in the development of the entrepreneurial ecosystem.