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Unleashing Sustainable Entrepreneurship: Enterprise Ecosystem for Inclusive Growth and Formalization

Author

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  • Koshy, Perumal

Abstract

Indian entrepreneurial ecosystem and policy framework evolved over the years as one with potential to facilitate new venture creation at ease. The current ecosystem and regulatory framework is much more entrepreneur and small business friendly. Enterprise ecosystem and entrepreneurship approach has to focus on nurturing economic & business who take the economy & society in the path of a sustainable future, while contributing to Global Sustainability Objectives and to be attuned to facilitate the formalization of informal sector enterprises, ease of doing business for micro and small enterprises. This chapter is an attempt to look at key aspects of Indian entrepreneurial system, its evolution and as well as some of the challenges, entrepreneurship policies and approaches, startup ecosystem, training and skill development challenges and addresses focal areas in the formalization of informal sector enterprises into formal enterprise space and how they can potentially contribute in attaining sustainable development goals (SDGs).

Suggested Citation

  • Koshy, Perumal, 2023. "Unleashing Sustainable Entrepreneurship: Enterprise Ecosystem for Inclusive Growth and Formalization," MPRA Paper 119757, University Library of Munich, Germany, revised 07 Jan 2024.
    • Handle: RePEc:pra:mprapa:119757
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    More about this item

    Keywords

    Small and Micro Enterprises; Enterprise Ecosystem; Startup ecosystem; Informal Sector Enterprises; Reforms to facilitate enterprise formalization; Skill development; Sustainable Development Goals: SDG-8; SDG-8.3; SDG12 SDG-4;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy

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