The entrepreneurial spirit has emerged as a vital driver of economic development and societal progress, particularly in a dynamic and rapidly evolving economy like India. With the introduction of the New Education Policy (NEP) 2020, the emphasis on multidisciplinary learning and practical skill-building has paved the way for more innovative and hands-on academic endeavours. It is in this vibrant educational context that Start-ups and Economic Development finds its significance, especially for first-year B.Com. students studying economics under the University of Mumbai’s updated syllabus.
This book is a timely and essential resource designed to bridge the gap between academic theory and the real-world challenges of entrepreneurship. By focusing on the interplay between start-ups and economic growth, it sheds light on how young, innovative businesses not only contribute to job creation but also catalyse technological advancements and social transformation.
The two core learning outcomes of this book—soft skill development and understanding the start-up ecosystem—are crucial for nurturing the next generation of entrepreneurs. Through its engaging content and structured approach, the book enables students to cultivate critical soft skills such as communication, leadership, and adaptability, which are indispensable for entrepreneurial success. Simultaneously, it equips students with the tools to analyse the intricate dynamics of India’s start-up ecosystem, fostering an understanding of the factors that propel some ventures to success while others falter.
Contents –
1. Skills for Entrepreneurial Success
Concept of Soft Skills
Soft Skills Required for Entrepreneurs
Importance of Soft Skills for Entrepreneurship
Ice-breaking and its Importance
Goal Setting and its Importance
Concept of Start-ups and Importance of Soft Skills for Start-ups
Success Stories of Entrepreneurs
Communication Skills and its Importance
Effective Communication Techniques
Networking Skills and its Importance
Leadership and Team Building Skills
Time Management and Productivity
Problem Solving and Critical Thinking
Adaptability and Resilience
Handling Business Challenges
Emotional Intelligence
2. Start-ups and Economic Development
Overview of Start-ups and Economic Development
Role of Start-ups in Economic Growth
Indian Entrepreneurship Trends
Indian Start-up Ecosystem
Trends in the Indian Start-up Ecosystem
Challenges Faced by Indian Start-ups
Some Successful Indian Start-ups (in the Recent Years)
Some Indian Start-ups that Failed
