EconPapers    
Economics at your fingertips  
 

Green Entrepreneurship in India: Global Evaluation, Needs Analysis, and Drivers for Growth

Ashish Sharda (), Abhishek Goel (), Ankit Mishra () and Satish Chandra ()
Additional contact information
Ashish Sharda: Delhi Technological University
Abhishek Goel: Indian Institute of Technology
Ankit Mishra: National Academy of Legal Studies and Research (NALSAR) University of Law
Satish Chandra: Delhi Regional Provident Fund Commissioner EPFO, Ministry of Labour & Employment, Government of India

Chapter Chapter 11 in Entrepreneurial Ecosystem, 2015, pp 261-282 from Springer

Abstract: Abstract Green entrepreneurshipGreen entrepreneurship must be embedded in the present industrial paradigm to have sustainable growth. The top ranking companies of the world have started turning green through corporate social responsibilityCorporate social responsibility and other business drives. It is indispensible for manufacturing, supply chain, information technology, and retail companies to resort to green practices. Thus, the potential of green entrepreneurship in near future is huge, both for new entrants and the established ones. This chapter includes in-depth analysis of positive and negative aspects of starting and running green business. Study has outlaid problems relating to the rigid procedural requirements encountered by the entrepreneur in starting a green venture. A clear picture of prevalent financial scenario viz., the role of venture capitalism, angel funding, and banks is investigated to highlight opportunities for Foreign Direct InvestmentsForeign direct investments (FDI) (FDI) in green sector in India. Government, university, and corporate R&D in the sector have been thoroughly scanned. Technology Business IncubatorsTechnology business incubators (TBIs) (TBIs) have been surveyed to find out their contribution to the Green Sector Development in the country. Government policies, programs, and subsidies for green entrepreneurship development have been critically analyzed. Close surveillance has enabled categorization of government procedures and regulations as facilitators/barriers for entrepreneurship. Role of early stage/entrepreneurship/technology education in creating entrepreneurial attitudes for green sector has been evaluated against the global benchmarks. This chapter summates the viewpoints of academicians, industrialists, entrepreneurs, practitioners, and government officials to draw the important conclusions. All the necessary elements, i.e., literature viz. white papers, articles, case studies; instrument viz. surveys, interviews, site visits; analysis viz. statistical analysis, factor analysis have been adopted. This chapter deeply researches the aspects relating to India and it caters broadly to those of some other emerging economies. It has been figured out that there is both lack of support and knowledge about green entrepreneurship. The existing infrastructural and informational gap could be met to great extent by developing a public–private partnershipPublic private partnership model. Whole some the chapter is full of argumentation, analytics, definitions, comparison and contrast, cause and effect, reports and data, and lastly interpretation to draw the conclusions.

Keywords: Green entrepreneurship; Eco-preneurship; Sustainable development; Technology incubation (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-81-322-2086-2_11

Ordering information: This item can be ordered from
http://www.springer.com/9788132220862

DOI: 10.1007/978-81-322-2086-2_11

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-02
Handle: RePEc:spr:sprchp:978-81-322-2086-2_11