What Factors Drive Start-Up Investments in India’s Subnational Economies?

Author:

Gopalan Sasidaran12

Affiliation:

1. This research note is based on the author’s contributions to an Asian Development Bank Institute (ADBI) Working Paper entitled “The Startup Environment and Funding Activity in India,” No. 1145, June.

2. Department of Innovation in Government and Society, College of Business and Economics, United Arab Emirates University (UAEU), Abu Dhabi, UAE

Abstract

India has rapidly evolved into a fast-growing emerging market with one of the largest start-up ecosystems in the world. Despite the rapid strides, the nature of investment distribution of start-ups remain heavily concentrated in specific regions within India, fuelling concerns of regional disparities. In this research note, I empirically explore the determinants of start-up investments in India’s subnational economies, to identify the conditioning variables that possibly drive such investments. JEL Codes: L26, O53, R11, R12

Publisher

SAGE Publications

Reference5 articles.

1. Acs Z., Armington C. & Zhang T. (2007). The determinants of new-firm survival across regional economies (Discussion Papers on Entrepreneurship, Growth and Public Policy no. 0407). Max Planck Institute for Research into Economic Systems. https://www.econstor.eu/bitstream/10419/24929/1/52533744X.pdf

2. Regional determinants of entrepreneurial start-ups in a developing country

3. Impact of exchange rates on exports from India’s sub-national economies

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