FOSTERING INNOVATION THROUGH POLICY: A STUDY ON THE STARTUP INDIA INITIATIVE
Authors/Creators
- 1. Associate Professor, Central University of Gujarat, Vadodara
Description
This study explores the role of government policy in fostering innovation and entrepreneurship, with a specific focus on the Startup India Initiative. Launched in 2016, the initiative aimed to build a robust startup ecosystem by providing policy support, easing regulatory barriers, improving access to funding, and promoting a culture of innovation across the country. The research offers a comprehensive overview of the growth of startups in India in the 21st century, evaluates the significance of government intervention in nurturing entrepreneurship, and assesses the tangible impacts of the Startup India Initiative. Despite its achievements—such as increased startup registrations, employment generation, and innovation across sectors—the initiative also faces several challenges, including limited funding reach, regional disparities, infrastructural gaps, and procedural complexities. This paper concludes that while Startup India has laid a solid foundation, its success hinges on continuous policy refinement, inclusivity, and responsive implementation mechanisms that address ground-level realities.
Files
29-Dr. Manojkumar Vanara - Online - IERJ250657420796.pdf
Additional details
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Related works
- Is published in
- Journal: 2454-9916 (EISSN)
Dates
- Available
-
2025-06-15
References
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