Open AccessA study on growth and effects of startup ecosystems in India
Author(s) -
Vijaya Venkateswari K,
L Akshaya
Publication year - 2019
Publication title -
journal of management and science
Language(s) - English
Resource type - Journals
eISSN - 2250-1819
pISSN - 2249-1260
DOI - 10.26524/jms.2019.1
Subject(s) - business , economic growth , population , population growth , developing country , development economics , economics , demography , sociology
India is a fast developing south Asian and seventh largest country by area. Large population of the country implies a large prospective market in India and puts more pressure for employment in the country. With the gen-next cool trend to start working on new ideas, India is all set to outperform all other nations on the world stage in the years to come. Setting up of small businesses by these young entrepreneurs is definitely going to boost the India economy in the near future. In the present decade, India is undertaking an essential shift towards startup welcoming policies and a business friendly environment. India is a populated country having increasing demand which is putting a competitive environment forcing to create innovative systems. One of these systems is a Startup ecosystem. This paper aims to study about the growth, prospects and effects of Startup systems in India.