Opinion | What can India teach us about start-ups?
Instead of chasing large, mature firms from other locations, India would do better to focus on its small enterprise sector
The role of entrepreneurship and start-ups in job creation has a long intellectual tradition. While the great giants of economic history recognized the link between start-ups and job creation, controversies remain. Do small or large enterprises contribute more to job growth? Do small entrepreneurs represent a “push" entrepreneurship, where entrepreneurs start a business out of necessity, rather than “pulled" in by great opportunities? Why do some cities attract more entrepreneurs? Are there big differences in business drive across male- and female-headed enterprises? What lessons can be drawn from India’s experience with entrepreneurship and start-ups?