The Growth of Knowledge-intensive Entrepreneurship in India, 1991–2007
Mani, Sunil (2009). The Growth of Knowledge-intensive Entrepreneurship in India, 1991–2007. UNU-MERIT.
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Author Mani, Sunil Title The Growth of Knowledge-intensive Entrepreneurship in India, 1991–2007 Publication Date 2009 Publisher UNU-MERIT Abstract There is enough consensus to show that India’s economic performance since 1991 is a direct result of the economic liberalization measures that have been put in place. One of the outcomes of this improved performance is the growth of innovations in the country. This was accompanied by or caused by the emergence of a number of technology-based enterprises. This paper takes a critical look at the available quantitative evidence on the growth of knowledge or technologybased entrepreneurship. It then looks at five facilitating factors for the emergence of this phenomenon in terms of the existence of increased market opportunities, availability of financial support schemes in the form of venture capital funds, existence and enlargement of a number of government programmes, a number of private sector initiatives and education, and training leading to the supply of technically trained personnel. The paper concludes with certain policy suggestions for the continued sustenance of this activity. Keyword Knowledge-intensive entrepreneurship
Knowledge process outsourcing
Venture capital
Angel financing
Business incubatorsJEL L26
O16
O30
P12Copyright Holder UNU-MERIT Copyright Year 2009 ISSN 1871-9872 -
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