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ISSN : 2287-1608
Editorial: Entrepreneurial Ecosystems for Tech Start-Ups in India and Japan
Takao Fujiwara (Toyohashi University of Technology)
Sanghyuk Suh
Abstract
Technology-based start-ups have been occupying increasing attention of empirical researchers and policy makers globally, due to their high-potential to contribute to employment generation, new products and services, and national income (Bala Subrahmanya, 2015). Technology-based start-ups have long been an important driver of America’s economic growth and competitiveness (Hathway and Litan, 2014). Of late, India has been recognized, as one of the potential sources of high-tech start-ups in the global economy (Gai and Joffe, 2013); and it currently ranks third globally, in terms of number of existing start-ups and number of start-up exits (due to acquisitions) (NASSCOM, 2015; TOI, 2016). Today, India is considered one of the fastest growing emerging economies globally (Global Finance, 2018). However, its major challenges continue to be in generating employment to the vast and growing labour force and achieving a higher level of social equity.
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Reference
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