scholarly journals START-UP VENTURES: EMERGING TRENDS AND IT’S IMPACT ON GROWTH & DEVELOPMENT OF INDIAN ECONOMY

YMER Digital ◽  
2021 ◽  
Vol 20 (10) ◽  
pp. 136-142
Author(s):  
Dr. Rakesh Kumar ◽  
◽  
Shilpi Tyagi ◽  

Changes in the environment lead to generation of ideas to combat the difficulties related to particular time period. Concept of startup is not an exception of it. Various factors giving push for growth of startups in India includes Individuals urge on gaining professional qualification, mobile penetration and increasing internet connectivity, Government initiatives are some of the reasons that affect the decision of starting a venture. Government’s initiative of Make in India and Atmanirbhar Bharat has instilled some sense of confidence in young entrepreneurs to come up with business ideas and side by side Covid 19 pandemic has led to increase in number of ventures related Internet. Today’s environment seems to be more helpful to entrepreneurs in terms of government support. It is about the constant motivation individuals are getting from leader of the nation. No doubt journey to start a venture is not an easy task but continuous assurance from a leader makes people more confident. Startups in India are not only proving itself beneficial for nation’s economy but also for the individuals who are underemployed or are not satisfied with their current working situation and satisfaction is the key component in delivering the best in each and every sphere of life.

2018 ◽  
Author(s):  
Михаил Геннадьевич Чепрасов ◽  
Карина Аскаровна Агадилова ◽  
Игорь Олегович Мячин

В данной статье рассматриваются особенности становления российских стартап-компаний, ключевые проблемы развития и пути их решения. Проведен сравнительный анализ отечественных и зарубежных стартапов, где инновационные компании стали опорой экономики. Проанализирована статистика по состоянию стартапов России в настоящее время. Авторами отмечены главные предпосылки, которые ведут стартапы к провалу. Особое внимание уделено современным возможностям их финансирования. В статье описаны такие технологии финансирования как венчурное инвестирование, спонсирование бизнес-ангелами, государственная поддержка инновационных компаний, многоаспектная помощь бизнес-инкубаторов. Учтены преимущества и пробелы каждой из приведенных форм. This article discusses the features of the formation of Russian start-up companies, key development problems and ways to solve them. A comparative analysis of domestic and foreign startups, where innovative companies have become the backbone of the economy. Analyzed statistics on the status of startups in Russia at the present time. The authors noted the main prerequisites that lead startups to failure. Particular attention is paid to the modern possibilities of their financing. The authors described such financing technologies as venture investment, sponsorship by business angels, government support for innovative companies, multidimensional assistance from business incubators. Take into account the advantages and gaps of each of these forms.


2021 ◽  
Vol 13 (11) ◽  
pp. 6009
Author(s):  
Se-Kyoung Choi ◽  
Sangyun Han ◽  
Kyu-Tae Kwak

What kind of capacity is needed to improve the performance of start-ups? How effective are government support policies in improving start-up performance? Start-ups are critical firm group for ensuring the prospective and sustainable growth of an economy, and thus many countries’ governments have established support policies and they are likely to engage more widely in forward-looking political support activities to ensure further growth and expansion. In this paper, the effect of innovation capabilities and government support policies on start-up performance is examined. We used an unbalanced panel data analysis with a random effect generalized least squares. We investigated the effect of government support policies on 4368 Korean start-ups. The findings indicated that technology and knowledge capabilities had positive effects on the sales performance of start-ups, and government financial support positively affected the relationship between knowledge capability and firm performance. However, when government financial support increased, marketing capability was negatively associated with firm performance. These results demonstrate the significant role of government financial support, including its crowding in but also its crowding out effect. Practical implications: To be more effective, governments should employ innovation-driven entrepreneurship policy approaches to support start-ups. To improve their performance, start-ups need to increase their technology and knowledge capabilities. This study extends recent efforts to understand more fully the effect of government support policies on start-ups differing in their technology, knowledge, and marketing capabilities.


Author(s):  
Simona Torotcoi

Abstract Unlike other action lines of the Bologna Process, slow progress has been made towards making the social dimension an implementable policy. The social dimension had to overcome a significant start-up difficulty. It entered the Bologna Process with no clear definition, guidelines or projection of concrete policy measures. In 2015, with the adoption of the Strategy for the Development of the Social Dimension and Lifelong Learning in the EHEA to 2020, participating countries were asked to come up with concrete national plans to address the participation of underrepresented groups in higher education. This paper looks in depth at two country cases that attempted to create the necessary conditions for such strategies, Austria and Romania, and asks what are the successful conditions for building a social dimension and lifelong learning strategy in line with the Bologna requirements? The common point for these countries is that both of them attempted to build a social dimension and life-long learning strategy, however, one of the countries came up with a strategy, yet other national strategies and policies were in contradiction with what the strategy promoted, whereas in the second country no strategy was developed beside the involvement of the main stakeholders. The data for the analysis comes from interviews conducted in November 2017 with stakeholders involved in the formation of these strategies, ranging from student representatives to educational experts, and governmental representatives.


Author(s):  
Marc Raymond

Martin Scorsese’s name has come to symbolize many broad ideas over the past few decades, to the point where he is no longer merely a filmmaker, but rather a cultural touchstone. He is associated with a particular religion (Catholicism), ethnicity (Italian), genre (gangsters), and time period (New Hollywood), while also being the foremost cinephile in American cinema, influencing whole generations in his wake. Consequently, the amount of writing on Scorsese is quite vast, and this bibliography will try to represent that variety while pointing readers to the best of this work. It is thus organized with a focus on Scorsese’s own scholarly contributions, interviews, career overviews, anthologies, major films, documentaries, and influence. There is a temptation to try to divide the work thematically, since so much of the writing centers around either religion, ethnicity, or masculinity, but doing so would risk perpetuating this overemphasis in the scholarship while also not representing the best writing on this important auteur. Thus, while certainly the work on Italian-Catholicism and masculinity will be frequent within the citations to come, they will not predominate among the selections taken as a whole. This bibliography also attempts to give some of the history of Scorsese scholarship itself, focusing on scholarly touchstones that tended to define particular historical moments and how Scorsese has been useful to particular critical approaches and/or arguments.


Author(s):  
Marita Hennessy ◽  
Molly Byrne ◽  
Rachel Laws ◽  
Caroline Heary

The first 1000 days is a critical window of opportunity to promote healthy growth and associated behaviours. Health professionals can play an important role, in part due to the large number of routine contacts they have with parents. There is an absence of research on the views of parents towards obesity prevention and the range of associated behaviours during this time period. This study aimed to elicit parents’ views on early life interventions to promote healthy growth/prevent childhood obesity, particularly those delivered by health professionals. Semi-structured interviews were conducted with 29 parents (24 mothers, 5 fathers) who were resident in Ireland and had at least one child aged under 30 months. Data were analysed using reflexive thematic analysis. Two central themes were generated: (1) navigating the uncertainty, stress, worries, and challenges of parenting whilst under scrutiny and (2) accessing support in the broader system. Parents would welcome support during this critical time period; particularly around feeding. Such support, however, needs to be practical, realistic, evidence-based, timely, accessible, multi-level, non-judgemental, and from trusted sources, including both health professionals and peers. Interventions to promote healthy growth and related behaviours need to be developed and implemented in a way that supports parents and their views and circumstances.


Author(s):  
Steven Rogers ◽  
Sachin Waikar ◽  
Scott T. Whitaker

In the fall of 2007 a senior director of product marketing at Qwest in Denver, Colorado, gets an offer to work for an entrepreneurial high-growth venture. The vision is for greater wealth, accelerated business opportunity, more thrill on the job, and faster path to leadership by pursuing a position with a start-up firm. Kiva Allgood has management responsibility in her current position (e.g., manages a high-budget portfolio), with compensation of $145,000 in salary and incentive bonuses up to 100% of base salary. She realizes that she is not prepared for the negotiation because she has only negotiated job offers within large firms. She needs to know what many of these entrepreneurial finance terms mean and to understand whether she is being offered terms and amounts commensurate with the value she feels she will bring to the entrepreneur. She also needs to understand her opportunity cost and the expected value of her options: staying with the current job, starting her own venture, or taking this offer at the entrepreneurial venture. She had no idea there were also so many additional, non-financial factors to take into consideration. With her future on the line, she needs to work through the numbers fast. The entrepreneur gave her five days to come back with a counter offer, which he considered a generous amount of time. In evaluating these questions, students will take Allgood's point of view. The case is based on a real job offer to a real person named Kiva Allgood. The entrepreneur and his firm are fictitious in order to heighten the issues in this situation.Exposes customary negotiations between a prospective employee and an entrepreneur, taking into account the valuation of the entrepreneurial firm, salary, stock options, ownership percentage, etc.; Examines the difference between considering a position with an entrepreneurial venture and one at a stable corporate organization; Looks at typical compensation criteria for entrepreneurial venture capital-backed firms; Introduces method for assessing an entrepreneur as a prospective future employer.


Author(s):  
L. Branchini ◽  
H. Perez-Blanco

A significant amount of energy is expected to come from wind in the upcoming years. The variability and uncertainty of this power source needs to be managed by the grid operator. Electricity networks with wind energy need extra reserves to deal with the extra uncertainty associated with the presence of wind. This paper evaluates the possibility to couple a 1000 MW wind farm with gas turbines (GTs) to provide firm capacity to the grid with a reasonable investment. Taking into account two different days of wind production with one minute data, the study analyzes the possibility of integrating the wind power output with two different types of GTs (heavy duty and aeroderivative). GTs operational constrains are included in the model in order to correctly demonstrate how the wind variability stresses turbine performance, as it probably would in extreme cases. Limitations on GTs ramps rates and start–up time are considered for both, heavy duty and aeroderivatives. GTs power output profiles, ramp rates and fuel consumption for the selected days of analysis are shown. The results show that the integration between wind and gas turbines could be a viable solution to compensate wind variability and to accommodate the increasing wind penetration into the electrical grid.


2016 ◽  
Vol 6 (1) ◽  
pp. 1-13
Author(s):  
Farzana Quoquab ◽  
Fauziah Sh. Ahmad ◽  
Nor Hazarina ◽  
Maisarah Ahmad

Subject area Marketing Management, Entrepreneurship. Study level/applicability This case meant for advanced undergraduate students, taking courses of marketing management that covers the topics related to pricing strategies. With regard to strategic marketing class, this case can be used to explain how pricing strategy plays significant role in attracting and retaining customers. Case overview This case teaches about the importance of understanding the marketing strategies pertaining to pricing. Nora the entrepreneur of Baby Dreams focusing on baby items was in a dilemma in deciding the appropriate pricing strategy for her business. She was in doubt whether her low-price strategy which she believed was appropriate for the low- and middle-income groups was the best strategy for her business. The drastic decrease in sales pushed her to think about the effectiveness of her pricing. All together, Nora owned three Baby Dreams’ outlets. However, due to poor sales, she had to shut down two outlets in 2013. For the last outlet, she had to take an immediate decision in terms of pricing, as the start-up money was depleting, and with no improvement, it was expected to be finished by May 2014. Expected learning outcomes Using this case, students will be able to have an intellectual openness in accepting different ways of finding a solution for a particular problem. This case illustrates the importance of understanding the marketing strategies pertaining to pricing. Moreover, it is also highlighted that, offering low price is not the panacea of sales decrease. It is also necessary for the small business’s survival to look at competitors’ pricing effort to come up with a better pricing policy. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes.


2015 ◽  
Vol 4 (2) ◽  
pp. 152-170 ◽  
Author(s):  
Jason L. Jensen

Purpose – The purpose of this paper is to consider the burdens faced by small business entrepreneurs in North Dakota. Design/methodology/approach – Two surveys of entrepreneurs are reported on, assessing burdens at start-up and five years later. Burdens are compared within each time period, across time periods, and are linked to industry type and business size. The study also compares survivors and non-survivors, and considers whether survivorship is linked to initial burdens. Findings – Regulatory factors and taxes were not as burdensome in the initial time period, compared to workforce and financing factors. In the follow-up survey property taxes were the largest burden, particularly among larger businesses. Among survivors, availability of capital was more burdensome at start-up and permitting and licensing complexity at follow-up. Survivors had more employees and rated permit/license complexity as more of a burden compared to non-survivors. Cross-industry burden differences were noted. Finally, businesses with more labor availability struggles at start-up were less likely to survive, and labor market burdens increased for businesses closer to the oil boom area. Research limitations/implications – Limitations mainly relate to the sample businesses, which are all from a single state. This potential issue is elaborated on in the manuscript. Originality/value – The contribution of this research primarily relates to the innovative design of using pre/post surveys to directly assess the opinions of entrepreneurs, allowing the study of burdens across time, survivorship, and industry effects.


Author(s):  
Atis Verdenhofs ◽  
Ineta Geipele ◽  
Tatjana Tambovceva

Technological advancement has led to tremendous increase of data. Many industries utilize big data to become more efficient or even to create new products or services. Applications of big data in construction industry has been extensively researched in Asia that can be explained with huge construction volumes in the area. This study is aimed at identifying big data applications in construction industry in time period beyond 2016. Research object is construction industry, research subject is big data applications. Research methods used in this research are systematic literature overview and meta-analysis. Novelty of the research is classification of big data applications based on systematic literature overview. Authors conclude that existing categorization (Bilal et al., 2016b) can be applied to researches about big data applications in construction industry published in 2016 and later. However, potential for new applications is identified in category of emerging trends triggered by big data and authors propose to perform cross-industry analysis to identify solutions that can be adopted to construction industry.


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