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Entrepreneurial Opportunities Post- Covid
in India
Dr. Ketan Vira, Dean, GNVS Institute of Management,
Mumbai
Reason for Entrepreneurial Opportunities Post- Covid
 Self-Reliant
 Enterprising
 Jobs no more secured
 New- Normal
 Entrepreneurial Eco-system
 Ease of doing Business
Knowing someone who has started a business in the past two years (% adults)
GEM
Adult
Population
Survey,
2019
There are good opportunities to start a new business in my area (% adults)
GEM
Adult
Population
Survey,
2019
In my country, it is easy to start a business (% adults)
GEM
Adult
Population
Survey,
2019
You personally have the knowledge, skills and experience to
start a new business (% adults)
GEM
Adult
Population
Survey,
2019
There are good opportunities, but would not start a
business for fear of failure (% adults)
GEM
Adult
Population
Survey,
2019
Research Methodology
Methods Details
Data Primary & Secondary
Sampling Convenience
Sample Size 111
Tools Structured Questionnaire
Scale 4 Points
Reliability (Cronbach Alpha) 0.8
Analysis Descriptive
Objectives
• To identify the changing attitude
towards entrepreneurship
• To identify the entrepreneurial
opportunities post-covid
Analysis
Table 1: Availability of Entrepreneurial Opportunities
Age Opportunities Total
Moderate Enough
Less than 20 0 3 3
21-30 10 69 79
31-40 19 6 25
41-50 3 1 4
Total 32 79 111
Analysis
Table 2: Conduciveness of Environment for
Entrepreneurship
Age
Conduciveness Total
Somewhat Moderate Enough
Less than 20 0 2 1 3
21-30 6 34 39 79
31-40 2 8 15 25
41-50 3 0 1 4
Total 11 44 56 111
Analysis
Table 3 : Policy Support for Entrepreneurship
Age
Policy Support
Total
Moderate Enough
Less than 20 0 3 3
21-30 10 69 79
31-40 19 6 25
41-50 3 1 4
Total 32 79 111
Analysis
Table 4: Availability of Finance for Entrepreneurship
Age
Finance Availability
Total
Moderate Enough
Less than 20 0 3 3
21-30 10 69 79
31-40 19 6 25
41-50 3 1 4
Total 32 79 111
Analysis
Table 5: Market Potential for Entrepreneurial Activity
Age
Market Potential
Total
Somewhat Moderate Enough
Less than 20 0 2 1 3
21-30 6 34 39 79
31-40 2 8 15 25
41-50 3 0 1 4
Total 11 44 56 111
Analysis
Entrepreneurial Opportunities post-covid in the following areas :
• Healthcare & Pharmaceuticals (62 responses)
• Information Technology & Digital Domains (59 responses)
• Food and Beverages (51 responses)
• FMCG (51 responses)
• Retailing & E-Commerce (48 responses)
• Real Estate & Infrastructure (42 responses)
• Media & Entertainment (38 responses)
• Education and Social Entrepreneurship (32 responses)
(Note: Respondents have given more than one responses in terms of
opportunities post-covid)
Discussion
 Overall Positive
 No responses on scale one (which is on the
lower side)
 Moderate to Enough Opportunities
 Focus on availability of Finance
 Measures by Government are well recognized
 Market Potential is enough for opportunities
 Opportunities
Conclusion
 Positive Attitudinal Change
 Entrepreneurial Ecosystem
 Sustainable Market Potential
Synch with GEM
 Increase in risk appetite
Panacea to economic problems
Thank You

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Entrepreneurial Opportunities Post Covid in India

  • 1. Entrepreneurial Opportunities Post- Covid in India Dr. Ketan Vira, Dean, GNVS Institute of Management, Mumbai
  • 2. Reason for Entrepreneurial Opportunities Post- Covid  Self-Reliant  Enterprising  Jobs no more secured  New- Normal  Entrepreneurial Eco-system  Ease of doing Business
  • 3. Knowing someone who has started a business in the past two years (% adults) GEM Adult Population Survey, 2019
  • 4. There are good opportunities to start a new business in my area (% adults) GEM Adult Population Survey, 2019
  • 5. In my country, it is easy to start a business (% adults) GEM Adult Population Survey, 2019
  • 6. You personally have the knowledge, skills and experience to start a new business (% adults) GEM Adult Population Survey, 2019
  • 7. There are good opportunities, but would not start a business for fear of failure (% adults) GEM Adult Population Survey, 2019
  • 8. Research Methodology Methods Details Data Primary & Secondary Sampling Convenience Sample Size 111 Tools Structured Questionnaire Scale 4 Points Reliability (Cronbach Alpha) 0.8 Analysis Descriptive
  • 9. Objectives • To identify the changing attitude towards entrepreneurship • To identify the entrepreneurial opportunities post-covid
  • 10. Analysis Table 1: Availability of Entrepreneurial Opportunities Age Opportunities Total Moderate Enough Less than 20 0 3 3 21-30 10 69 79 31-40 19 6 25 41-50 3 1 4 Total 32 79 111
  • 11. Analysis Table 2: Conduciveness of Environment for Entrepreneurship Age Conduciveness Total Somewhat Moderate Enough Less than 20 0 2 1 3 21-30 6 34 39 79 31-40 2 8 15 25 41-50 3 0 1 4 Total 11 44 56 111
  • 12. Analysis Table 3 : Policy Support for Entrepreneurship Age Policy Support Total Moderate Enough Less than 20 0 3 3 21-30 10 69 79 31-40 19 6 25 41-50 3 1 4 Total 32 79 111
  • 13. Analysis Table 4: Availability of Finance for Entrepreneurship Age Finance Availability Total Moderate Enough Less than 20 0 3 3 21-30 10 69 79 31-40 19 6 25 41-50 3 1 4 Total 32 79 111
  • 14. Analysis Table 5: Market Potential for Entrepreneurial Activity Age Market Potential Total Somewhat Moderate Enough Less than 20 0 2 1 3 21-30 6 34 39 79 31-40 2 8 15 25 41-50 3 0 1 4 Total 11 44 56 111
  • 15. Analysis Entrepreneurial Opportunities post-covid in the following areas : • Healthcare & Pharmaceuticals (62 responses) • Information Technology & Digital Domains (59 responses) • Food and Beverages (51 responses) • FMCG (51 responses) • Retailing & E-Commerce (48 responses) • Real Estate & Infrastructure (42 responses) • Media & Entertainment (38 responses) • Education and Social Entrepreneurship (32 responses) (Note: Respondents have given more than one responses in terms of opportunities post-covid)
  • 16. Discussion  Overall Positive  No responses on scale one (which is on the lower side)  Moderate to Enough Opportunities  Focus on availability of Finance  Measures by Government are well recognized  Market Potential is enough for opportunities  Opportunities
  • 17. Conclusion  Positive Attitudinal Change  Entrepreneurial Ecosystem  Sustainable Market Potential Synch with GEM  Increase in risk appetite Panacea to economic problems