Entrepreneurship

Starting and running a business: ideas, theories, funding, challenges and the Indian startup ecosystem.

Employee building a rocket prototype at a desk inside a corporate office
Entrepreneurship

Quick answer: Intrapreneurship is entrepreneurship practised by employees inside an existing company: they develop new products, processes or ventures using

Business surrounded by nature, law, education and global forces, illustrating the non-economic environment
Entrepreneurship

Quick answer: The non-economic environment of business includes the political, legal, social, cultural, demographic, technological, natural (ecological) and international environments.

Business owner looking up at a parliament building with policy documents
Entrepreneurship

Quick answer: Political factors that affect business include government policies and regulations, the ruling party’s economic ideology, political stability, defence

Young entrepreneurs at an incubator linked to a factory, training centre and bank, illustrating entrepreneurship development in India
Entrepreneurship

Quick answer: Since independence, India has encouraged entrepreneurship through progressive industrial policies, simpler licensing and liberalisation, development institutions and finance

Timeline from merchant to factory owner to modern innovator, illustrating the emergence of the entrepreneurial class
Entrepreneurship

Quick answer: The entrepreneurial class emerged in three broad stages: commercial entrepreneurship in the 18th century, when traders took on

Entrepreneur gathering funds from savings, a bank, an investor and supplier credit
Entrepreneurship

Quick answer: A new venture needs two kinds of capital. Fixed capital for land, buildings and machinery comes from the

Entrepreneur turning an idea into a building with funds and registration, illustrating venture promotion
Entrepreneurship

Quick answer: Promotion is the first stage of starting a business: the entrepreneur turns an idea into a working enterprise.

Entrepreneur with icons for leadership, knowledge, honesty and stamina
Entrepreneurship

Quick answer: Successful entrepreneurs combine personal traits, practical abilities and knowledge. Traits include hard work, alertness, creativity, courage, optimism, self-confidence,

Manager arranging goals, rules, schedule, budget and strategy cards, illustrating elements of planning
Entrepreneurship

Quick answer: The components of planning are objectives, strategies, policies, procedures, rules, methods, programmes, budgets, schedules and standards. Policies, procedures,

Management team climbing planning steps toward a target flag
Entrepreneurship

Quick answer: Organisational planning moves from goals to action in twelve steps: set objectives, collect information, establish planning premises, identify