Tech-Driven Entrepreneurship in India and Emerging Economy Challenges

Abstract : This study explores the dynamics of entrepreneurship within emerging economies, using India’s tech-driven initiatives as a case study. India, one of the most rapidly advancing economies, has harnessed technological innovation to promote entrepreneurship and economic growth. This research investigates the role of government programmes such as Startup India and Digital India in fostering a supportive entrepreneurial environment. The study employs a case study approach to assess how policy frameworks, infrastructure development, and digital advancements contribute to entrepreneurial success. Factors including venture capital availability, the development of technology hubs, and the expansion of the digital market are analysed to understand their influence on business creation and sustainability. The research also highlights challenges that entrepreneurs face, such as complex regulatory systems, skill shortages, and regional development disparities. The interplay between socioeconomic factors, public-private partnerships, and technological innovation is examined to provide a holistic understanding of the entrepreneurial landscape. Comparative insights from other emerging economies are included to contextualise India’s strategies and outcomes within a broader global framework. The findings suggest that while India’s tech-driven policies have bolstered entrepreneurial activities, there is a need for adaptive measures to enhance inclusivity and long-term sustainability. Recommendations focus on refining regulatory policies, bridging the gap between educational systems and industry needs, and ensuring equitable access to entrepreneurial resources.