Role of Entrepreneurship in Indian Economy

Abstract

Using the secondary bastions of Entrepreneurship in India this papers aims to record the changes in GDP per Capita and the employment and the Employment level in India caused by Entrepreneurship. Using empirical data for a particular period, this paper aims to establish the existence of a positive relationship relationship between entrepreneurship and economic growth measured as GDP per Capita and Employment. A simple multivariate regression has been used for the analysis. Affirming the hypothesis, it was found that entrepreneurship affected the GDP per Capita with a positive relationship. However, there is significant evidence to show positive relationship between Entrepreneurship and Employment.