Features of Entrepreneurship in India

Abstract

Entrepreneurship is a dynamic process of vision, change and creation. It requires an application of energy and passion towards the creation and implementation of new ideas and creative solutions. The prime intention of present paper is to study role of Entrepreneurship in the economic development. This research is based on the survey and analysis of secondary data were collected from the relevant publications of government and nongovernmental organizations, books, journals, magazines, and newspapers in addition to visits to various websites. Entrepreneurship growth aims to enlarge the base of entrepreneurs in order to hasten the pace at which new venture are created. This accelerates employment generation and economic development. Entrepreneurship growth development focuses on the individual who wishes to start or expand a business. Entrepreneurs play a key role in the economic development of a country. Entrepreneurship development is the key factor of fight against unemployment, poverty and to prepare ourselves for globalization in order to achieve overall Indian economic progress.

Keywords: Economy, Ecosystem, Entrepreneurship, Growth, India, Innovation