NDIAN B-SCHOOLS MUST HAVE STUDENTS INFUSED WITH A ‘LAUNCH BUSINESS’ SPIRIT
Liberalisation in 1991 unleashed the entrepreneurial spirit in the country. It became easier to raise capital through the stock market and there was also an influx of venture capitalists. The services boom and the internet meant that people could start businesses with lower capital and reach customers more easily.
Institutions of higher education, particularly Bschools, became a breeding ground for entrepreneurs. There was a buzz around business creation, yet very few became entrepreneurs. Those who turned entrepreneurs did so as they could not find a job that matched their education, skill and experience. Very few campuses made serious efforts to promote entrepreneurship as an alternative to well-paying jobs.
Esta historia es de la edición October 13, 2017 de Outlook Business.
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