Indigenous entrepreneurship in India: addressing barriers to sustainable growth and development

Kumar Gaurav, Jogeswar Mahato and Sateesh Kumar

International Journal of Entrepreneurship and Small Business, 2025, vol. 55, issue 3, 291-310

Abstract: Entrepreneurship plays an important role in the economic growth of the nation. Indigenous entrepreneurship is gaining importance due to its inclusive growth and development in India. Cultural, social, and economic contexts frequently present unique difficulties for entrepreneurs starting and maintaining their businesses. The present study has reviewed barriers that indigenous entrepreneurs face in their journey. In this research, the barriers that obstruct the sustainable growth and development of indigenous entrepreneurs are explored and a contextual relationship among them is established using interpretive structural modelling (ISM) and MICMAC analysis. The study determines eight factors that act as barriers to sustainable growth and development of indigenous entrepreneurship. Understanding these barriers will help policymakers, stakeholders, and indigenous communities create focused strategies to aid and empower indigenous entrepreneurs in their quest for sustainable growth and development.

Keywords: business; development; indigenous entrepreneurship; social; economic; sustainable growth; interpretive structural modelling; ISM; MICMAC; rank; relationship; India. (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijesbu:v:55:y:2025:i:3:p:291-310

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