Unleashing Sustainable Entrepreneurship: Enterprise Ecosystem for Inclusive Growth and Formalization

Perumal Koshy

MPRA Paper from University Library of Munich, Germany

Abstract: Indian entrepreneurial ecosystem and policy framework evolved over the years as one with potential to facilitate new venture creation at ease. The current ecosystem and regulatory framework is much more entrepreneur and small business friendly. Enterprise ecosystem and entrepreneurship approach has to focus on nurturing economic & business who take the economy & society in the path of a sustainable future, while contributing to Global Sustainability Objectives and to be attuned to facilitate the formalization of informal sector enterprises, ease of doing business for micro and small enterprises. This chapter is an attempt to look at key aspects of Indian entrepreneurial system, its evolution and as well as some of the challenges, entrepreneurship policies and approaches, startup ecosystem, training and skill development challenges and addresses focal areas in the formalization of informal sector enterprises into formal enterprise space and how they can potentially contribute in attaining sustainable development goals (SDGs).

Keywords: Small and Micro Enterprises, Enterprise Ecosystem; Startup ecosystem, Informal Sector Enterprises, Reforms to facilitate enterprise formalization, Skill development, Sustainable Development Goals: SDG-8, SDG-8.3, SDG12 SDG-4 (search for similar items in EconPapers)
JEL-codes: E60 E61 L5 L52 L53 (search for similar items in EconPapers)
Date: 2023-09-07, Revised 2024-01-07
New Economics Papers: this item is included in nep-ent, nep-env, nep-iue and nep-sbm
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