Entrepreneurship in India

About Enterpreneurship in India

Like most other things in India, Enterprenuership has had a  lot to do with History, traditon and policy. Fortunately all of these are seeing signs of change.Traditional society has had little regard for the idea of entrepreneurship. The ubiquitous caste system virtually placed the entrepreneur at the buttom of the pyramid, socio culturally speaking. Policy follwed this ideaand gave a greater currency to the development of everything else, except the enterpreneur. Result!! The common man grew up in a nation that shuns failure, considers risk taking a sign of weakness. Not strengthly, not achieved.

Promoting Enterprise

Compare this with the United States of enterprenuership whci is since its birth has nurtured entrepreneurs. These are approximately 5 million business in the USA with less than 20 employees.

·         Between 1996 and 2004  this nation created a average of 550,000 small business every month.

·         Entrepreneurs such as andrew carneigie, the rockefeller family and henry ford are celebreted in monuments across the United States.

·         School children are raised on stories about inventors like benjamin franklin, alexender graham bell and thomas alva edison.

·         Certain school/universities like stanford promote garbage business and create heroes out of dropout.

·         Lately people like bill gates, steve jobs and marc zuckerberg and being immortalized.

·         The fact that America is a nation of immigrants adds to the diversity critical for  entrepreneurship.Immigration policy too has supported this immensely.

·         America has grown to become the world’s most mature venture capital industry, With its first fund, the America Research and  Development Corporation being founded as early as 1946.

·         Not surprisingly that it is the largest economy on the world.

In sort the sprit of enterprise has been a core constituent of state policy, hence has been adopted as a model for SCIO-ECONOMIC development by the society. No wonder that the nation and innovators who work towards destroying old certainities to create new opportunities.

Some quotetions for ENTREPRENEURS

Engineers, doctors, even managers are created in institutions..

So, where are Entrepreneurs are made??

Sportsmen have coaches, sprituality has gurus, music has ustaads..

So, who do Entrepreneurs have?

Birds fly todegther.

So, why are Entrepreneurs excepted to make that flight alone?