期刊名称：International Journal of Advances in Engineering and Management
电子版ISSN：2395-5252
出版年度：2020
卷号：2
期号：7
页码：26-36
DOI：10.35629/5252-0206727735
语种：English
出版社：IJAEM JOURNAL
摘要：Government support and its institutions play a major role in the process of establishing the start-up companies and their further growth and development. The government should identify and recognize innovative startups and help them to grow. This can help in the acceleration of the growth and development of economic activity in the country.Innovative and budding entrepreneurs who recognize and plug new business opportunities generally showcase high growth. (Satya Ranjan Acharya and Tonisha Dixit, 2019). Hencethe traditional entrepreneurship theory propelled by market progressed to a greener knowledge-driven and technology driven theory of entrepreneurship. The objective of this paper is to create awareness amongst the budding entrepreneurs especially in the technology sector about the most important government schemes, policies and funding support that help in creating startup ecosystem and its existence and thereby accelerate the economy as a whole since technology driven startups has become the kingpin of the startup ecosystem. Kshitija Joshi, Krishna Satyanarayana, 2014 points out that high economic growth alone will not spontaneously lead to a vibrant start-up ecosystem. Rather it has to be a blend of conscious and intensive policy efforts at all levels that directly tackles the main challenges faced by the early-stage start-ups.
