Scholarly Research Journal for Humanity Science & English Language, Online ISSN 2348-3083, SJ IMPACT FACTOR 2021: 7.278, www.srjis.com PEER REVIEWED & REFEREED JOURNAL, AUG-SEPT, 2022, VOL-10/53
ENTREPRENEURSHIP COMPETENCIES DEVELOPMENT IN INDIA IN COMPARISON TO COUNTRIES FROM EUROPE AND NORTH AMERICA– AN OVERVIEW Mr. Kathale Ashish Shrikrishna1 & Chavan Sahebrao Ramdas2, Ph. D. 1
Assistant Professor, Faculty of Commerce, MIT World Peace University, Pune
2
Principal, Sharad Chandra Arts & Commerce College
Paper Received On: 25 SEPTEMBER 2022 Peer Reviewed On: 30 SEPTEMBER 2022 Published On: 1 OCTOBER 2022
Abstract Since the last few decades, the idea of entrepreneurship has gained traction around the globe. For the Indian economy, this gearing initiated a competition with the rest of the world. A matter of relevance can be strongly established by understanding the need for harmonized entrepreneurship indicators which potentially prove as an information source to policymakers and other actors in the entrepreneurial ecosystem. This paper evaluates the pace of entrepreneurship in India and provides a basis for comparison with that of the developed countries. The overview is based upon variables considered important for the scope of further study in this domain. The data considered is till the extent of 2020-21, further laying emphasis on development of entrepreneurship in India and paving way forward for a self-sustainable economy. All data no relevant for this research has been discarded.
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Introduction Entrepreneurship is a vital engine for the health and prosperity of societies and an impressive engine of economic growth. It will not only seize new opportunites, boost productivity and create jobs, but it will also drive the innovation needed to address some of society's greatest challenges, as reflected in the United Nations Sustainable Development Goals (SDGs). Governments around the world, along with think tanks, non-governmental organizations organizations, and organizations of international nomenclature as well as prestige, today use entrepreneurship as a tool to solve poverty and social inequalities, promote women's empowerment, and promote global ecology. We see it as an essential link Copyright © 2022, Scholarly Research Journal for Humanity Science & English Language