What Drives Entrepreneurship? Some Evidence From India
Posted: 25 Sep 2017
Date Written: July 21, 2014
We study the growth of entrepreneurship in India by analyzing the micro, small and medium enterprises sector (MSME) and explore the factors that contribute to its development. We analyze a panel data of all 35 states and union territories from 1991 until 2006. The outcomes of interest are number of units, output, employment and total exports from the MSME sector. Our main findings suggest that general improvements in physical and financial infrastruc- ture have contributed significantly more to growth of entrepreneurship in India, than specific targeted policies of the government such as financial subsidies and creation of special economic zones aimed at entrepreneurship development.
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