SWOT Analysis of Micro Entrepreneurship and Start-ups in Haryana

Jyoti Yadav; Neelam Gulati

doi:doi:10.11648/j.ijber.20190806.20

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SWOT Analysis of Micro Entrepreneurship and Start-ups in Haryana

Jyoti Yadav, Neelam Gulati

Published in International Journal of Business and Economics Research (Volume 8, Issue 6)

Received: 30 July 2019 Accepted: 29 August 2019 Published: 22 November 2019

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Abstract

MSMEs (Micro, Small and Medium Enterprises) have been globally considered as an engine of economic growth and as key instruments for promoting equitable development in most of the economies of the world. The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth. They not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, which in turn, reduces regional imbalances, assuring more equitable distribution of national income and wealth. Micro, Small and Medium Enterprises (MSME) and Start-ups play vital role in the process of development in India. It generates employment at low cost and helps the society to move on the path of prosperity & growth. As more than 65% of Indians live in villages and as there is little scope for establishment of Large-scale industries in these areas, MSME is an important aspect with regard to development of rural areas. Even though the State has huge potential for industrialization, especially for MSME sector, its potential has not been fully harnessed so far. Thus the present paper is an attempt towards finding out the Strengths, Weaknesses, Opportunities and Threats of MSMEs and Start-ups in the State of Haryana. The present study proposes interprets, analyse, and understand the challenges faced by the Micro entrepreneurs and their business in Haryana State. By virtue of so, the study will prove to be a panacea for Micro entrepreneurs and start-ups. The study further suggests them how to increase the innovativeness, decision making and diversification of their businesses in Haryana state.

Published in	International Journal of Business and Economics Research (Volume 8, Issue 6)
DOI	10.11648/j.ijber.20190806.20
Page(s)	399-405
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Micro, Small and Medium Enterprises (MSMEs), Start-ups, Strengths, Weaknesses, Opportunities, Threats

References

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APA Style

Jyoti Yadav, Neelam Gulati. (2019). SWOT Analysis of Micro Entrepreneurship and Start-ups in Haryana. International Journal of Business and Economics Research, 8(6), 399-405. https://doi.org/10.11648/j.ijber.20190806.20

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ACS Style

Jyoti Yadav; Neelam Gulati. SWOT Analysis of Micro Entrepreneurship and Start-ups in Haryana. Int. J. Bus. Econ. Res. 2019, 8(6), 399-405. doi: 10.11648/j.ijber.20190806.20

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AMA Style

Jyoti Yadav, Neelam Gulati. SWOT Analysis of Micro Entrepreneurship and Start-ups in Haryana. Int J Bus Econ Res. 2019;8(6):399-405. doi: 10.11648/j.ijber.20190806.20

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@article{10.11648/j.ijber.20190806.20,
  author = {Jyoti Yadav and Neelam Gulati},
  title = {SWOT Analysis of Micro Entrepreneurship and Start-ups in Haryana},
  journal = {International Journal of Business and Economics Research},
  volume = {8},
  number = {6},
  pages = {399-405},
  doi = {10.11648/j.ijber.20190806.20},
  url = {https://doi.org/10.11648/j.ijber.20190806.20},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20190806.20},
  abstract = {MSMEs (Micro, Small and Medium Enterprises) have been globally considered as an engine of economic growth and as key instruments for promoting equitable development in most of the economies of the world. The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth. They not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, which in turn, reduces regional imbalances, assuring more equitable distribution of national income and wealth. Micro, Small and Medium Enterprises (MSME) and Start-ups play vital role in the process of development in India. It generates employment at low cost and helps the society to move on the path of prosperity & growth. As more than 65% of Indians live in villages and as there is little scope for establishment of Large-scale industries in these areas, MSME is an important aspect with regard to development of rural areas. Even though the State has huge potential for industrialization, especially for MSME sector, its potential has not been fully harnessed so far. Thus the present paper is an attempt towards finding out the Strengths, Weaknesses, Opportunities and Threats of MSMEs and Start-ups in the State of Haryana. The present study proposes interprets, analyse, and understand the challenges faced by the Micro entrepreneurs and their business in Haryana State. By virtue of so, the study will prove to be a panacea for Micro entrepreneurs and start-ups. The study further suggests them how to increase the innovativeness, decision making and diversification of their businesses in Haryana state.},
 year = {2019}
}

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TY  - JOUR
T1  - SWOT Analysis of Micro Entrepreneurship and Start-ups in Haryana
AU  - Jyoti Yadav
AU  - Neelam Gulati
Y1  - 2019/11/22
PY  - 2019
N1  - https://doi.org/10.11648/j.ijber.20190806.20
DO  - 10.11648/j.ijber.20190806.20
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 399
EP  - 405
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20190806.20
AB  - MSMEs (Micro, Small and Medium Enterprises) have been globally considered as an engine of economic growth and as key instruments for promoting equitable development in most of the economies of the world. The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth. They not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, which in turn, reduces regional imbalances, assuring more equitable distribution of national income and wealth. Micro, Small and Medium Enterprises (MSME) and Start-ups play vital role in the process of development in India. It generates employment at low cost and helps the society to move on the path of prosperity & growth. As more than 65% of Indians live in villages and as there is little scope for establishment of Large-scale industries in these areas, MSME is an important aspect with regard to development of rural areas. Even though the State has huge potential for industrialization, especially for MSME sector, its potential has not been fully harnessed so far. Thus the present paper is an attempt towards finding out the Strengths, Weaknesses, Opportunities and Threats of MSMEs and Start-ups in the State of Haryana. The present study proposes interprets, analyse, and understand the challenges faced by the Micro entrepreneurs and their business in Haryana State. By virtue of so, the study will prove to be a panacea for Micro entrepreneurs and start-ups. The study further suggests them how to increase the innovativeness, decision making and diversification of their businesses in Haryana state.
VL  - 8
IS  - 6
ER  -

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Author Information

Jyoti Yadav

Institute of Management Studies and Research, Maharishi Dayanand University, Rohtak, India
Neelam Gulati

Dayanand Anglo-Vedic Institute of Management, Faridabad, India

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APA Style

Jyoti Yadav, Neelam Gulati. (2019). SWOT Analysis of Micro Entrepreneurship and Start-ups in Haryana. International Journal of Business and Economics Research, 8(6), 399-405. https://doi.org/10.11648/j.ijber.20190806.20

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ACS Style

Jyoti Yadav; Neelam Gulati. SWOT Analysis of Micro Entrepreneurship and Start-ups in Haryana. Int. J. Bus. Econ. Res. 2019, 8(6), 399-405. doi: 10.11648/j.ijber.20190806.20

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AMA Style

Jyoti Yadav, Neelam Gulati. SWOT Analysis of Micro Entrepreneurship and Start-ups in Haryana. Int J Bus Econ Res. 2019;8(6):399-405. doi: 10.11648/j.ijber.20190806.20

Copy | Download

@article{10.11648/j.ijber.20190806.20,
  author = {Jyoti Yadav and Neelam Gulati},
  title = {SWOT Analysis of Micro Entrepreneurship and Start-ups in Haryana},
  journal = {International Journal of Business and Economics Research},
  volume = {8},
  number = {6},
  pages = {399-405},
  doi = {10.11648/j.ijber.20190806.20},
  url = {https://doi.org/10.11648/j.ijber.20190806.20},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20190806.20},
  abstract = {MSMEs (Micro, Small and Medium Enterprises) have been globally considered as an engine of economic growth and as key instruments for promoting equitable development in most of the economies of the world. The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth. They not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, which in turn, reduces regional imbalances, assuring more equitable distribution of national income and wealth. Micro, Small and Medium Enterprises (MSME) and Start-ups play vital role in the process of development in India. It generates employment at low cost and helps the society to move on the path of prosperity & growth. As more than 65% of Indians live in villages and as there is little scope for establishment of Large-scale industries in these areas, MSME is an important aspect with regard to development of rural areas. Even though the State has huge potential for industrialization, especially for MSME sector, its potential has not been fully harnessed so far. Thus the present paper is an attempt towards finding out the Strengths, Weaknesses, Opportunities and Threats of MSMEs and Start-ups in the State of Haryana. The present study proposes interprets, analyse, and understand the challenges faced by the Micro entrepreneurs and their business in Haryana State. By virtue of so, the study will prove to be a panacea for Micro entrepreneurs and start-ups. The study further suggests them how to increase the innovativeness, decision making and diversification of their businesses in Haryana state.},
 year = {2019}
}

Copy | Download

TY  - JOUR
T1  - SWOT Analysis of Micro Entrepreneurship and Start-ups in Haryana
AU  - Jyoti Yadav
AU  - Neelam Gulati
Y1  - 2019/11/22
PY  - 2019
N1  - https://doi.org/10.11648/j.ijber.20190806.20
DO  - 10.11648/j.ijber.20190806.20
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 399
EP  - 405
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20190806.20
AB  - MSMEs (Micro, Small and Medium Enterprises) have been globally considered as an engine of economic growth and as key instruments for promoting equitable development in most of the economies of the world. The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth. They not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, which in turn, reduces regional imbalances, assuring more equitable distribution of national income and wealth. Micro, Small and Medium Enterprises (MSME) and Start-ups play vital role in the process of development in India. It generates employment at low cost and helps the society to move on the path of prosperity & growth. As more than 65% of Indians live in villages and as there is little scope for establishment of Large-scale industries in these areas, MSME is an important aspect with regard to development of rural areas. Even though the State has huge potential for industrialization, especially for MSME sector, its potential has not been fully harnessed so far. Thus the present paper is an attempt towards finding out the Strengths, Weaknesses, Opportunities and Threats of MSMEs and Start-ups in the State of Haryana. The present study proposes interprets, analyse, and understand the challenges faced by the Micro entrepreneurs and their business in Haryana State. By virtue of so, the study will prove to be a panacea for Micro entrepreneurs and start-ups. The study further suggests them how to increase the innovativeness, decision making and diversification of their businesses in Haryana state.
VL  - 8
IS  - 6
ER  -

Copy | Download