Economic Studies - Research Publications

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    Exploring state interventions in entrepreneurship development in India: Evidence from Jammu and Kashmir
    (Inderscience Publishers, 2021-02-25T00:00:00) Paray, Zahoor Ahmad; Singla, Naresh
    The Indian Government has been promoting entrepreneurship vehemently from last three decades, institutions were established and programs were launched. Jammu and Kashmir Entrepreneurship Development Institute of India (JKEDI) as part of this series of institutions has been working comprehensively in making entrepreneurship a common phenomenon among the masses. The purpose of this paper is to highlight the impact of entrepreneurial initiatives by the state government with the support of JKEDI towards the creation of new enterprises in Bandipora district of Jammu and Kashmir in India. Primary data has been collected with a structured schedule from 100 new JKEDI sponsored entrepreneurs from the district. Both qualitative and quantitative information was collected and analysed with simple statistical tools and analysis of the interview. The findings show that there is a positive impact of training, financial support and consultation for the overall development of entrepreneurship in both urban and rural areas of the district in particular and state as a whole. � 2021 Inderscience Enterprises Ltd.. All rights reserved.
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    Human resource development, structural transformation, employment generation and innovation: India, China, Japan and South Korea, 1990-2016
    (Asociacion Euro-Americana de Estudios del Desarrollo, 2019) Bhat, G.F; Kaur, S.
    The speed at which the economy transforms is the crucial factor that determines the convergence or divergence of any country. In this connection, the present study aims to highlight the role of human development, productivity through innovation and structural transformation among the successful East Asian nations of China, Japan, South Korea and the Indian case for that of development. It is the vast gaps in productivity between the traditional agriculture sector and modern manufacturing sector responsible for the creating gaps among the successful East Asian nations and developing India. Such gaps may be minimized only through the investment in Human development, innovation, and technology. Increase in labor productivity will create jobs in the manufacturing sector, allow an increase in real labour incomes which is necessary for the poverty reduction and human development and crucial way of enhancing the standard of living as well. Furthermore, to improve the high tech exports, it is imperative to invest in skill development, technological advancement as done so far by the mentioned East Asian nations and is the sure way of enhancing productivity. India needs to foster its productivity measures for desirable structural change to create jobs through experimental and pragmatic policies as also claimed by Professor Dani Rodrik. The employment-oriented growth strategy is essential for harnessing the potential of demographic dividend in the growing working-age population of China and India. Furthermore creating jobs in small industries for which two-thirds of total employment in the Asia Pacific is vital for the inclusive growth especially in India.