Advancing the entrepreneurship ecosystem of India: A qualitative study with Chevening Fellows

Kamal Gulati (), Amrik Sohal (), Tharaka Vass () and Nrupal Das ()
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Kamal Gulati: Centralized Core Research Facility, All India Institute of Medical Sciences
Amrik Sohal: Monash University
Tharaka Vass: Monash University
Nrupal Das: Paysafe

Asia Pacific Journal of Management, 2025, vol. 42, issue 1, No 17, 375-404

Abstract: Abstract Using social cognitive theory as a guide, this research seeks to explain the perceptions of current and aspiring Indian entrepreneurs. A multiple case study approach using 19 interviews with intellectuals provided qualitative data to conduct a cross-case analysis of the two groups with the qualitative analysis software NVivo. Rare insights from current and aspiring opportunity-motivated entrepreneurial Chevening Fellowships from a predominantly necessity-motivated context offer valuable insights into entrepreneurship in India. The findings reveal what entrepreneurship means to established entrepreneurs, their motivation for embarking on the entrepreneurial journey, the skills they require to be successful, the challenges they face and their strategies to sustain are mostly different to what aspiring entrepreneurs believe how it would be. Compiled recommendations may help strengthen the entrepreneurial ecosystem, particularly in developing economy contexts, to help improve the 10% startup success rate.

Keywords: Entrepreneurship; India; Cross case analysis; Motivations; Challenges (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s10490-023-09940-2

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