Entrepreneurship and Ecosystem during Pandemic in India

Abstract

Nurturing entrepreneurship has become a fundamental element of economic expansion in metropolises and republics all over the globe. The major metaphor for nurturing entrepreneurship as an economic and sustainable development policy is the “entrepreneurship ecosystem.” We always expect extraordinary things form the entrepreneur but we forget to give proper facilities which is requires on ground. Due to Covid19 pandemic many of the enterprises are belligerent to get their market again and some new innovative ideas are still making their position in tough times. In between all these transit period every entrepreneur requires a government and societal support for survival. This study aims towards the analyzing the policy made by the government to support, financial assistance and market structure of the society which influences the emergence of entrepreneurship, as this study helps government and entrepreneur to analysis the existing economic activity and take supportive measure as needed. In this study we establishes the association between the entrepreneurship activity and factors that’s affects the process in the era of Covid19 (pandemic). This study is focused towards the government support to engross the root of entrepreneurship in the generation, by setting up incubation centers, by providing initial training and what are the extra things requires in this tough time. For the purpose of the study we have evaluate the current economic structure of the India as well the policies made by the government to support and develop the entrepreneurial eco-system in the country, along with the major factors like human capital, market, finance, policy, culture and government support, for identifying these factors systematic literature review has conducted and this study is descriptive in nature.