Authors :
Nikhilesh Kumar Sonker; Krishna Kumar Agarwal
Volume/Issue :
Volume 8 - 2023, Issue 6 - June
Google Scholar :
https://bit.ly/3TmGbDi
Scribd :
https://tinyurl.com/bddeey36
DOI :
https://doi.org/10.5281/zenodo.8133582
Abstract :
Startups are powerful drivers of innovation,
growth, and competitiveness for MSMEs. By
collaborating with startups, MSMEs can access new
ideas, technologies, funding, and talent, enabling them to
expand their market reach and stay ahead of the
competition. This study is an attempt to examine the
impact of startups on micro, small, and medium
enterprises (MSMEs) in India. The study explores the
significance of startups as catalysts for innovation,
economic growth, and employment generation in the
Indian MSME sector. Special attention is given to the
role of government policies, financing, and mentorship
programs in promoting the startup ecosystem. The
research employs a mixed-methods approach, including
surveys, interviews, and case studies, to gather data. The
results indicate that startups have positively impacted
the growth and competitiveness of MSMEs in India,
creating new markets and job opportunities. The study
concludes with recommendations for enhancing the
startup ecosystem and facilitating a symbiotic
relationship between startups and MSMEs in India.
Keywords :
Startups, MSMEs, Innovation, Economic Growth, Mentorship Programs, Competitiveness, New Markets, Job Opportunities.
Startups are powerful drivers of innovation,
growth, and competitiveness for MSMEs. By
collaborating with startups, MSMEs can access new
ideas, technologies, funding, and talent, enabling them to
expand their market reach and stay ahead of the
competition. This study is an attempt to examine the
impact of startups on micro, small, and medium
enterprises (MSMEs) in India. The study explores the
significance of startups as catalysts for innovation,
economic growth, and employment generation in the
Indian MSME sector. Special attention is given to the
role of government policies, financing, and mentorship
programs in promoting the startup ecosystem. The
research employs a mixed-methods approach, including
surveys, interviews, and case studies, to gather data. The
results indicate that startups have positively impacted
the growth and competitiveness of MSMEs in India,
creating new markets and job opportunities. The study
concludes with recommendations for enhancing the
startup ecosystem and facilitating a symbiotic
relationship between startups and MSMEs in India.
Keywords :
Startups, MSMEs, Innovation, Economic Growth, Mentorship Programs, Competitiveness, New Markets, Job Opportunities.