摘要:Indian economy is one of the largest economies in the world and right now is among the top five largest startup communities in the world. In building a competitive advantage to boost the growth of the Indian economy, start ups and entrepreneurship can play an important role. This study is based on secondary research. An extensive literature review has been done to study the role of entrepreneurship in the growth of Indian economy. This paper discusses the positive as well as negative impacts of entrepreneurship on the economy; the impediments in the entrepreneurship in India and the challenges faced by the Indian entrepreneurs in establishing new start ups. The paper has also suggested the recommendations for improving the scenario of entrepreneurship in the country. The study has significant implications for both the new entrepreneurs as well as the government. The paper has advocated the idea of supporting the start ups and small businesses by the government to propagate the start up culture in the country which will eventually lead to the rapid growth of the Indian economy.
关键词:role of entrepreneurship;indian economy;start ups;entrepreneur