Impact of the Pandemic on Entrepreneurial Ecosystems

Title

Impact of the Pandemic on Entrepreneurial Ecosystems

Creator

Victor M.; Elangovan N.

Description

Entrepreneurship is crucial for the global economy, as it helps ideas develop from the drawing board to an executable stage. An excellent economic state of a country is the outcome of a well-designed system where the stakeholders interact with each other towards innovation and social development. This study is an empirical investigation into the COVID pandemic and its effects on the Indian entrepreneurial eco-system. Primary data was collected from 155 entrepreneurs of India, who were independent and first movers of entrepreneurs in their family during COVID times. Poor planning, exhausting resources, a slowdown in productivity, lower employment, and employee retention were the after-effects of the pandemic. It was found that the pandemic negatively affected the entrepreneurial ecosystem and its stakeholders. However, constant support by the government and well-designed policy measures would help assist existing businesses affected due to COVID-19 and encourage the entrepreneurial future in India. Copyright 2022, IGI Global.

Source

International Journal of E-Entrepreneurship and Innovation, Vol-12, No. 1

Date

2022-01-01

Publisher

IGI Global

Subject

Challenges; COVID-19; Customer Needs; Entrepreneurial Eco-System; Government Support; Pandemic; Recovery and Resilience; Strategy; Supply Chain Management

Coverage

Victor M., School of Business and Management, Christ University, India; Elangovan N., School of Business and Management, Christ University, India

Rights

Restricted Access

Relation

ISSN: 19478585

Format

Online

Language

English

Type

Article

Identifier

https://doi.org/10.4018/IJEEI.301610

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85150746832&doi=10.4018%2fIJEEI.301610&partnerID=40&md5=c90c6060eeeed58a6d1f8ca27742ce4a