Indira Management Review

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Entrepreneurship in India is divided in two ways: 'opportunity entrepreneurship' and 'necessity entrepreneurship'. For the growth of opportunity entrepreneurship, development of entrepreneurial ecosystem is necessary. Global Entrepreneurship Monitor 2013-India report suggests introduction of entrepreneurship education at undergraduate university level as well as at engineering and technical institutions to promote commercialization of R&D and technology-based enterprises should be made mandatory in all states. IITs are able to develop such ecosystem through their ED Cells. Hence, study of initiatives by ED Cells in IITs was important.
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