International Journal of Multidisciplinary Research and Practical Reviews (IJMRPR)
ISSN:3048-5509 (Online)

Abstract


Dr S G Vibhuti

Associate Professor of Commerce

Department of Commerce

Govt First Grade College, Kundgol, Hubli, Karnataka

Keywords: Entrepreneurship, Start-up Ecosystems, Innovation, Economic Growth, Entrepreneurial Growth, Infrastructure.

ABSTRACT

In today's rapidly evolving global economy, the cultivation of innovation and entrepreneurship has become paramount for sustained economic growth and competitiveness. Start-up ecosystems play a pivotal role in fostering entrepreneurial growth by providing a fertile environment for idea generation, resource allocation, mentorship, and investment. This research article examines the multifaceted components of start-up ecosystems and explores their significance in nurturing innovation and driving entrepreneurial success. Through an in-depth analysis of various elements such as infrastructure, human capital, funding mechanisms, regulatory frameworks, and cultural factors, this article elucidates the intricate interplay that underpins the dynamism of start-up ecosystems. Furthermore, it highlights the importance of collaborative networks, knowledge exchange, and institutional support in catalyzing innovation-driven entrepreneurship. By understanding the critical role of start-up ecosystems, policymakers, investors, and stakeholders can formulate strategies to cultivate vibrant entrepreneurial ecosystems that stimulate economic growth and societal advancement.

PUBLISHED

01-03-2024

ISSUE

Volume -1 Issue - 1,March 2024

SECTION

Research Article