Page 6 - Entrepreneurship

Three US-based entrepreneurs' mission to make leaders out of Indian teens

Although known as a country which has produced some of the high valuation start-ups like Flipkart, Ola and others, India still ranks at the 69th spot just ahead of Morocco, Mexico and Russia when it comes to the country's entrepreneual spirit and it is this ranking that three US based entrepreneurs are trying to improve.According Devika Majumder, one of the co-founders of Youngpreneurs, a think-tank which promotes entrepreneurship and innovation-oriented growth among Indian high schoolers, the spirit of entrepreneurship needs to be induced in the students at a very early age so that as they grow up, these students can generate more jobs in the country with "original, innovative ideas"."Start-ups currently are using and banking on ideas, some of which have already been implemented and tested. But if we need to succeed in the start-up space, original, out of the box ideas needs to be generated and nourished", she told Business Standard.Hence, Devika, a Boston based serial entrepreneur ..

'India ranks low among countries with women entrepreneurs'

India scored an overall 41.7 points, ranking 49 among 54 economies globally

Soon, you will be able to start companies in 4 flat days: Know how

Government is aiming to break into top 50 best countries to do business in

Letters: Better late than never

Ajit Balakrishnan's article, "What does it take to produce world-dominating companies?" (September 6), is right in making a strong case for the government's proactive intervention in promoting world-class entrepreneurship.In the post-World War II era it was due to generous federal support that the US produced epoch-making inventions such as the IBM-360 (the US government bankrolled half the research and development expenses) and ARPANET.The Bayh-Dole Act enacted by the US in 1980 paved the way for researchers at public universities to commercialise and patent their innovations - which is how Stanford University in California (in addition to MIT and Harvard University in Boston) gave birth to the Silicon Valley, the world's pre-eminent entrepreneurial hot spot that is home to iconic companies of the likes of Google, Facebook, Apple and eBay.Back in India, our track record in such matters leaves a lot to be desired. Vijay Chandru, a member of the expert committee on innovation and entrep

Two-thirds Indians view entrepreneurship positively: Survey

Nearly 50 per cent of respondents in Amway-Nielsen survey considering starting their own business