Home / Current Issue / Paper 1724851
Entrepreneurship, Start-ups, MSME, Innovation, Ecosystem and New- Age Business Models; Emerging Trends and Opportunities In India
Subject area: Management and Commerce · Area of research: Management
DOI: 10.64388/ire1724851
Abstract
Entrepreneurship, start-ups and micro, small and Medium Enterprise (MSMEs) have emerged as important components of economic development, employment generation and innovation. The rapid development of digital technologies, artificial intelligence, fintech, e-commerce, social media platforms and cloud-based service has significantly transformed the manner in which businesses are created, operated and scaled. At the same time, the emergence of new-age business models such as platform businesses, subscription models, direct to consumer models, sharing-economy models, digital marketplaces and technology enabled service models has created new opportunities for entrepreneur and MSME. This paper examine the interrelationship between entrepreneurship, startups, MSME, innovation ecosystem and new-age business models in the contemporary Indian business environment. The study adopt a conceptual and descriptive research approach based on secondary source, including academic literature, Government report and institutional publication. The paper identifies major factors influencing entrepreneurial capabilities, incubation, mentoring, market access, networking and government support.
Keywords
Entrepreneurship; start-ups; MSMEs; innovation ecosystem; new-age business models; India
References
[1] Acs ZJ, Autio E, Szerb L (2014). National systems of entrepreneurship: Measurement issues and policy implications. Research Policy, 43(3), 476–494.
[2] Autio E, Nambisan S, Thomas LDW, Wright M (2018). Digital affordances, spatial affordances, and the genesis of entrepreneurial ecosystems. Strategic Entrepreneurship Journal, 12(1), 72–95.
[3] Department for Promotion of Industry and Internal Trade (DPIIT) (n.d.). Startup India. Government of India, New Delhi.
[4] Isenberg DJ (2010). How to start an entrepreneurial revolution. Harvard Business Review, 88(6), 40–50.
[5] Organisation for Economic Co-operation and Development (OECD) (2021). The digital transformation of SMEs. OECD Publishing, Paris.
[6] Organisation for Economic Co-operation and Development (OECD) (2023). SME digitalisation to manage shocks and transitions: 2023 OECD D4SME survey. OECD Publishing, Paris.
[7] Organisation for Economic Co-operation and Development (OECD) (2024). Financing SMEs and entrepreneurs 2024: An OECD scoreboard. OECD Publishing, Paris.
[8] Stam E, van de Ven A (2021). Entrepreneurial ecosystem elements. Small Business Economics, 56, 809–832.
How to cite this paper
@article{1724851,
author = {Akhil S, Dr. P. Yasodha},
title = {Entrepreneurship, Start-ups, MSME, Innovation, Ecosystem and New- Age Business Models; Emerging Trends and Opportunities In India},
journal = {Iconic Research And Engineering Journals},
year = {2026},
volume = {10},
number = {5},
pages = {1345-1353},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1724851.pdf},
abstract = {Entrepreneurship, start-ups and micro, small and Medium Enterprise (MSMEs) have emerged as important components of economic development, employment generation and innovation. The rapid development of digital technologies, artificial intelligence, fintech, e-commerce, social media platforms and cloud-based service has significantly transformed the manner in which businesses are created, operated and scaled. At the same time, the emergence of new-age business models such as platform businesses, subscription models, direct to consumer models, sharing-economy models, digital marketplaces and technology enabled service models has created new opportunities for entrepreneur and MSME. This paper examine the interrelationship between entrepreneurship, startups, MSME, innovation ecosystem and new-age business models in the contemporary Indian business environment. The study adopt a conceptual and descriptive research approach based on secondary source, including academic literature, Government report and institutional publication. The paper identifies major factors influencing entrepreneurial capabilities, incubation, mentoring, market access, networking and government support.},
keywords = {Entrepreneurship; start-ups; MSMEs; innovation ecosystem; new-age business models; India},
month = {November},
doi = {https://doi.org/10.64388/ire1724851}
}