Journal of Strategic Human Resource Management

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Entrepreneurship and Inequalities:Evidence from India


Affiliations
1 Department of Evening Studies-Multi Disciplinary Research Centre Panjab University, Chandigarh, India
2 University Business School, Panjab University, Chandigarh, India
     

   Subscribe/Renew Journal


The present study aims to explore the relationship between entrepreneurial activities and income inequalities in India. The manufacturing sector has been selected for the study. The previous studies in the related areas have shown contradictory results and there is a lack of consensus about the relationship between the two. Thus, an attempt has been made to study the same in Indian perspective. The Indian government has taken many initiatives from time to time to encourage entrepreneurial activities in the country. It is considered as a tool to conquer the problem of employability and economic growth. Thus, the study assumes the presence of a two-way relationship between entrepreneurial activities and income inequalities in India.

Keywords

Entrepreneurship, Inequalities, Manufacturing Sector, Unbalanced Growth.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Annual Survey of Industries. (2015-16). Central Statistics Office (CSO) Industrial wing, Government of India published in 2018.

  • Seth, A. (2007) Granger Causality. Scholarpedia, 2(7), 1667.

  • Awe, O. O. (2012). On pairwise Granger causality modeling and econometric analysis of selected economic indicators. Interstatt Journals. net/YEAR/2012/articles/ 1208002. Pdf

  • Black, S. E., & Strahan, P. E. (2002). Entrepreneurship and bank credit availability. The Journal of Finance, 57(6), 2807-2833.

  • Bonito, J., Daantos, F. J. A., Mateo, J. C. A., & Rosete, M. (2017). Do entrepreneurship and economic growth affect poverty, income inequality and economic development. Review of Integrative Business & Economics Research, 6(1), 33-43.

  • Brockhaus, R. H. (1980). Risk-taking propensity of entrepreneurs. Academy of Management Journal, 23(3), 509-520

  • Brockhaus, R. H., & Horwitz, P. S. (1985). The psychology of the entrepreneur. In D.L. Sexton & R.W. Similar (Ed.) The Art and Science of Entrepreneurship. Cambridge, MA: Ballinger

  • Cetorelli, N., & Strahan, P. (2006). Finance as a barrier to entry: Bank competition and industry structure in local U.S. markets. Journal of Finance, 61(1), 437-61.

  • Chancel, L., & Piketty, T. (2017). Indian income inequality, 1922-2014: From British Raj to Billionaire Raj. WID. World Working Paper Series N 2017/11, (July).

  • Davids, L. E. (1963). Characteristics of small business founders in Texas and Georgia. Washington, D.C.; Small business Administration.

  • Granger, C. W., & Newbold, P. (1974). Spurious regressions in econometrics. Journal of Econometrics, 2(2), 111-120.

  • Gujarati, D. N. (2012). Basic econometrics. Tata McGrawHill Education.

  • Hindustan Times (2018). The proof behind India’s rising income inequality. Retrieved from https://www.hindustantimes.com/india-news/the-proof-behind-india-s-rising-income-inequality/story-Khh2jqPaTHOFGCzuGoIc2L.html

  • Isenberg, D. (2014). Entrepreneurship always leads to inequality. Harvard Business Review.

  • Jhingan, M. L. (2016). The economics of development and planning. Delhi: Vrinda Publications (P) Ltd.

  • Kerr, W., & Nanda, R. (2009). Financing constraints and entrepreneurship. National Bureau of Economic Research (No.w15498).

  • Kimhi, A. (2010). Entrepreneurship and income inequality in southern Ethiopia. Small Business Economics, 34(1), 81.

  • Kuznets, S. (1955). Economic growth and income inequality. The American Economic Review, 45(1), 1-28.

  • Lagarde, C. (2014). A New Multilateralism for the 21st Century, the Richard Dimbleby Lecture, London. International Monetary Fund.

  • Lewis, W. A. (1954). Economic development with unlimited supplies of labor. The Manchester School, 22(2), 139–191.

  • Lippmann, S., Davis, A., & Aldrich, H. E. (2005). Entrepreneurship and inequality. In Entrepreneurship (pp. 3-31). Emerald Group Publishing Limited.

  • Marinoni, A. (2017). Entrepreneurship and Inequality. In Academy of Management Proceedings (Vol. 2017, No. 1, p. 11937). Briarcliff Manor, NY 10510: Academy of Management.

  • OECD (2004). Financing innovative SMEs in a global economy. Second OECD Conference of Ministers Responsible for SMEs, Istanbul, Turkey.

  • Oxfam (2018). Reward Work, Not Wealth. Retrieved from https://www.oxfam.org.nz/reports.

  • Packard, M. D., & Bylund, P. L. (2018). On the relationship between inequality and entrepreneurship. Strategic Entrepreneurship Journal, 12(1), 3-22.

  • Pathak, S., & Muralidharan, E. (2018). Economic inequality and social entrepreneurship. Business & Society, 57(6), 1150-1190.

  • Rahmadana, M. F., & Simatupang, S. (2016). Using granger causality to examine the relationship between economic growth and absorption of labour in North sumatera province-Indonesia. International Journal of Business and Management Invention, 5(2), 38-43.

  • Sharma, M. K. & Sharma, P. (2019). Paradigm shift in compensation to workers in Indian Manufacturing – Role of LPG Policies. Indian Journal of Industrial Relations, 54(3), 428-440.

  • Singh, P (2017). Liberal approach to inequality. Economic and Political Weekly, 52(13).

  • Solt, F. (2016). The Standardized World Income Inequality Database. Social Science Quarterly 97. SWIID Version 7.1, August 2018.

  • Yanya, M. (2012). Causal relationship between entrepreneurship poverty and income inequality in Thailand. International Journal of Trade, Economics, and Finance, 3(6), 436.

  • Yanya, M., Abdul-Hakim, R., & Abdul-Razak, N. A. (2013). Does entrepreneurship bring an equal society and alleviate poverty? Evidence from Thailand. Procedia-Social and Behavioral Sciences, 91, 331-340.


Abstract Views: 293

PDF Views: 0




  • Entrepreneurship and Inequalities:Evidence from India

Abstract Views: 293  |  PDF Views: 0

Authors

Kajal Gupta
Department of Evening Studies-Multi Disciplinary Research Centre Panjab University, Chandigarh, India
Poonam Sharma
University Business School, Panjab University, Chandigarh, India

Abstract


The present study aims to explore the relationship between entrepreneurial activities and income inequalities in India. The manufacturing sector has been selected for the study. The previous studies in the related areas have shown contradictory results and there is a lack of consensus about the relationship between the two. Thus, an attempt has been made to study the same in Indian perspective. The Indian government has taken many initiatives from time to time to encourage entrepreneurial activities in the country. It is considered as a tool to conquer the problem of employability and economic growth. Thus, the study assumes the presence of a two-way relationship between entrepreneurial activities and income inequalities in India.

Keywords


Entrepreneurship, Inequalities, Manufacturing Sector, Unbalanced Growth.

References