Current Volume 8
Analyzing the Role of Government Policies in Fostering Innovation and Entrepreneurship in India's Technology Startups
Abstract
This research paper aims to analyze the role of government policies in fostering innovation and entrepreneurship in India's technology startup ecosystem. India has witnessed a significant rise in technology startups over the past decade, making it a prominent player in the global startup landscape. However, several challenges hinder the growth and sustainability of these startups, including access to capital, regulatory complexities, and infrastructure limitations. Through a comprehensive literature review and empirical analysis, this study explores the specific government policies and initiatives that have been implemented to support innovation and entrepreneurship in India's technology startup sector. It examines the impact of policies such as Startup India, Make in India, and Digital India on fostering a conducive environment for startups to thrive. The research assesses the effectiveness of these policies by considering various dimensions, including the ease of doing business, access to finance, regulatory reforms, intellectual property rights protection, skill development programs, and support for research and development activities. It also investigates the challenges and limitations faced by entrepreneurs in navigating the policy landscape and suggests potential areas for improvement. By critically examining the relationship between government policies and the growth of technology startups, this research paper seeks to provide insights into the policy measures that can effectively stimulate innovation and entrepreneurial activities in India. The findings will be valuable for policymakers, entrepreneurs, investors, and other stakeholders interested in understanding the role of government in promoting a vibrant startup ecosystem and driving economic growth through technological innovation.
Keywords
Entrepreneurship, Startup, Government Policies, Innovation, Technology
Citations
IRE Journals:
Parag Khandelwal , Dr Pradeep Asthana
"Analyzing the Role of Government Policies in Fostering Innovation and Entrepreneurship in India's Technology Startups" Iconic Research And Engineering Journals Volume 6 Issue 12 2023 Page 1129-1135
IEEE:
Parag Khandelwal , Dr Pradeep Asthana
"Analyzing the Role of Government Policies in Fostering Innovation and Entrepreneurship in India's Technology Startups" Iconic Research And Engineering Journals, 6(12)
About IRE Journals
IRE Journals is an open access online journals established with an aim to publish high quality of research work in various diciplines. We have more than 6 years in publications. Over 2500+ papers already published.
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