Entrepreneurship in SME Sector Basu, Arati.

By: Basu, Arati
Material type: ArticleArticlePublisher: 2009Subject(s): Smes | Small And Medium Enterprises | Sme Sector | Entrepreneurship In The Sme Sector | Entrepreneurshiphip Research | Eighth Biennial Conference On Contempora | Biennial Conference Papers In: Eighth Biennial Conference on Contemporary Issues in Entrepr ResearchSummary: In India nature and pattern of industrialization has been undergoing complete change in the post reform era. In a market driven economy, survival and growth of entrepreneur will mean continuous up gradation and creation of the competitiveness In a globalised world, challenges of development of competitiveness are many. For this , the new age entrepreneur needs building up core capabilities constantly in order to improve quality of products, penetrate into new markets, creating brand images, sourcing new resources, upgrade skills and innovating new technology. While success of entrepreneurship much depends upon the technical and managerial skills, it also depends on his/her capability to process and organize resources efficiently. At present there are 350 SMEs clusters in India spread over traditional as well as modern sectors. Fast growing industrial states such as Gujarat, Tamilnadu and Delhi and NCR region have witnessed a large number successful SMEs induced by favorable state policies, market growth, both domestic and international market. Yet in vast majority of the areas, SMEs are not viable due to lack of technical knowledge, inability to access changing mood of the...
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Articles Articles Ahmedabad (HO)
(Browse shelf) Vol. , Issue. Available 019510

In India nature and pattern of industrialization has been undergoing complete change in the post reform era. In a market driven economy, survival and growth of entrepreneur will mean continuous up gradation and creation of the competitiveness In a globalised world, challenges of development of competitiveness are many. For this , the new age entrepreneur needs building up core capabilities constantly in order to improve quality of products, penetrate into new markets, creating brand images, sourcing new resources, upgrade skills and innovating new technology. While success of entrepreneurship much depends upon the technical and managerial skills, it also depends on his/her capability to process and organize resources efficiently. At present there are 350 SMEs clusters in India spread over traditional as well as modern sectors. Fast growing industrial states such as Gujarat, Tamilnadu and Delhi and NCR region have witnessed a large number successful SMEs induced by favorable state policies, market growth, both domestic and international market. Yet in vast majority of the areas, SMEs are not viable due to lack of technical knowledge, inability to access changing mood of the...

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