Decoding Gen Z’s Perceptions about the Start-Up Environment in India: A Way Forward

Authors

  • Geetanjali Shrivastava

DOI:

https://doi.org/10.33516/rb.v48i1-2.47-62p

Keywords:

Start-Ups, Business Idea, Entrepreneurship, Start-up Ecosystem in India, Incubation Centres, Gen Z

Abstract

The purpose of this study is to learn how Gen Z perceives the start-up ecosystem in India. Using an exploratory descriptive research approach, the study investigates the link between the constructs. The data for this study was gathered through standardized questionnaire and validated measures. The information was gathered via a Google form from mostly Bhopal City’s Gen Z. (Madhya Pradesh). The needed sample size for the investigation was calculated using Inverse Square Root Method. The study’s structural model was analyzed and the hypothesis was tested using SmartPLS software. The results of the study revealed that government initiatives are the most influencing factor in creating an ecosystem for start-ups, followed by finance. Family and peer pressure hardly contribute to creating an ecosystem for start-ups. The ecosystem for start-ups had the greatest direct influence on promoting start-ups followed by personal factors. Talking about indirect influence government initiatives topped the chart followed by finance.


Downloads

Download data is not yet available.

Published

2022-07-01

How to Cite

Shrivastava, G. (2022). Decoding Gen Z’s Perceptions about the Start-Up Environment in India: A Way Forward. Research Bulletin, 48(1-2), 47–62. https://doi.org/10.33516/rb.v48i1-2.47-62p

References

Amanda B. Elam, Karen D. Hughes, Maribel Guerrero, Stephen Hill, Catharina Nawangpalupi, María del Mar Fuentes, Juan Pablo Dianez González, Ana Fernández Laviada, Catalina Nicolas Martínez, Murcia Alicia Rubio Bañón, Murcia, Nihel Chabrak, Candida Brush, R. H. (2021). Women’s Entrepreneurship Report.

Dhoot, V. (2021, October 30). India’s Dollar Five Trillion Goal Setback by three to five years’. Retrieved February 20, 2022, from The Hindu: https://www.thehindu.com/business/ indias-5-tn-goal-st-back-by-3-5-ears/ article37258198.ece.

Fornell, C. G., & Larcker, D. F. (1981). Evaluating Structural Equation Models with Unobservable Variables and Measurement Errors. Journal of Marketing Research, 18 (1), 39-50.

Gold, A. H., Malhotra, A., & Segars, A. H. (2001). Knowledge Management: An Organizational Capabilities Perspective. Journal of Management Information Systems, 18 (1), 185-214.

Hair, J.F., Anderson, R. E., Tatham, R. L. and Black, W. C. (1998), Multivariate Data Analysis, Prentice-Hall, Upper Saddle river, New Jersey.

Henseler , J., Ringle , C. M., & Sarstedt, M. (2015). A New Criterion for Assesing Discriminant Validity in Variance-Based Structural Equation Modeling. Journal of Academy of Markeing Science, 43 (1), 115-135.

Hu, L. T, and Bentler, P. M. (1999). Cutoff criteria for fit indexes in covariance structure analysis: Conventional criteria versus new alternatives. Structural Equation Modelling, 6, 1-55.

Jain, S. (2016). Growth of start-up ecosystems in India. International Journal of Applied Research, 2(12), 152-154.

Kline, R. B. (2011). Methodology in the Social Sciences: Principles and Practice of Structural Equation Modeling (3rd ed.). Guilford Press.

Litania, A., & Shukla, S. Incubators as Catalysts for Innovation.

Manshani, S., & Dubey, A. (2017). Start-up women in start-up India: A study of women entrepreneurs in India. International Journal of Business Management (IJBGM), 6(4), 91-100.

Mishra, N., & Pacific, A. (2021). Credit Suisse : India ’ s 100-strong unicorn club drives radical change in the country’s corporate landscape. 2020–2022.

Nasscom(2021). Start-up India-Momentous Rise of the Indian Startup Ecosystem. Retrieved February 10, 2022, from nasscom.in: nasscom.in/knowledgecenter/ publications/start-report-momentusriseindian-start-ecosystem.

Pandey, N. K. (2018). An analysis of start-up ecosystem in metropolitan city in India. International Journal of Engineering and Management Research (IJEMR), 8(2), 237-244.

RBI (2019, June 25). Publication Report. Retrieved February 10, 2022, from rbi.org.in: rbi.org.in/Scripts/PublicationReportDetails.aspx?UrlPage=&ID=924.

Rani, M. A. (2017). Start-up India: Opportunities & challenges “Start-up India stand up Indiaâ€. ACADEMICIA: An International Multidisciplinary Research Journal, 7(1), 104-113.

Ringle, C. M., Wende, S., and Becker, J.M. 2015. “SmartPLS 3.†Boenningstedt: SmartPLS GmbH, http://www.smartpls.com.

Singhal, J., Rane, C., Wadalkar, Y., Joshi, M., & Deshpande, A. Data Driven Analysis for Start-up Investments for Venture Capitalists.

Singh, S., Chauhan, A., & Dhir, S. (2019). Analyzing the start-up ecosystem of India: a Twitter analytics perspective. Journal of Advances in Management Research.

Srivastava D. K., Ernst & Young, EY India Chief Policy Advisorhttps://www.ey.com/en_in/tax/economy-watch/ india-is-likely-to-achieve-the-us-dollar5-trillion-gdp-target-by-fy28.

Teo, T., Lee, C. B., & Chai, C. S. (2008). Understanding Pre-Service Teacher’s Computer Attitudes: Applying and Extending the Technology Acceptance Model (TAM). Journal of Computer Assisted Learning, 24 (2), 128-143.

Times, S. (2021, June 8). GDP of India. Retrieved February 20, 2022, from Statisticstimes.com: statisticstimes.com/economy/country/india-gdp.php.

Yoo, Y. and Alavi, M. (2001). Media and Group Cohesion: Reflective Influences on Social Presence, Task Participation, and Group Consensus, MIS Quarterly, 25(3), 371-390.