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Entrepreneurship and Public Enterprise: The Case Study of a Bagasse-based Newsprint Project 1

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  • V.V. Bhatt

    (Economic Development Institute of the World Bank, and lives at 8203 Brayant Drive, Bethesda, MD, USA)

Abstract

There are conflicting opinions about the role of the state in promoting indus trial ventures. While one school of thought believes that the state should limit itself merely to the role of 'facilitator' to the private enterprise, another group stresses the need for the state to directly mount and develop industrial ventures at least in the areas the private entrepreneurs may find unattractive or exces sively risky. This paper recounts the story of the emergence of a paper mill in India, based on a new technology, and suggests that certain conditions must be met if state-promoted enterprises are to succeed.

Suggested Citation

  • V.V. Bhatt, 1993. "Entrepreneurship and Public Enterprise: The Case Study of a Bagasse-based Newsprint Project 1," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 2(1), pages 1-31, March.
    • Handle: RePEc:sae:jouent:v:2:y:1993:i:1:p:1-31
    DOI: 10.1177/097135579300200101
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