UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 1 Issue 6
November-2014
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1701847


Registration ID:
502981

Page Number

35-46

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Title

India's Trade Policy Conundrum and Market Failure: Understanding the Role of Government Support for International Entrepreneurship and Business Internationalization in Driving Economic Growth

Authors

Abstract

Abstract: International Business in today’s world has occupied a vital place among the economies of the world, particularly among the fastest growing economies like the BRICS nations. The annual rate of growth in the international business sector in India is more than 8%.With rich resources available in India, it has a huge advantage over other nations and is regarded as the right nation for exploring business opportunities, Like highly skilled and semiskilled manpower, technologies available within the country, rich natural resources, willingness on part of government to take the world along with and budding middle class segment. This study of international entrepreneurship deals with the internationalization process itself, in terms of, why certain firms become international, the different options available (e.g. exporting vis-à-vis FDI), and the different processes available. This research paper is trying to find out the reasonable answer related to question, how much can medium-large businesses benefit from the growth potential of small and medium-sized businesses becoming internationalized with systematic use of trade policies? To what extent can business internationalization help innovative firms grow, achieve a higher performance and thus maximize their returns on innovations even in case of market failure? And To what extent does business internationalization contribute to aggregate productivity growth through both improvements in the performance of international firms and through a reallocation of resources to such firms away from lower productivity domestic producers. The findings of the paper are expected to help in boosting the Indian economy at international platform.

Key Words

Keywords: International Entrepreneurship, Market failure, Indian Economy, Techno-friendly, Business Internationalization.

Cite This Article

"India's Trade Policy Conundrum and Market Failure: Understanding the Role of Government Support for International Entrepreneurship and Business Internationalization in Driving Economic Growth", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.1, Issue 6, page no.35-46, November-2014, Available :http://www.jetir.org/papers/JETIR1701847.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"India's Trade Policy Conundrum and Market Failure: Understanding the Role of Government Support for International Entrepreneurship and Business Internationalization in Driving Economic Growth", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.1, Issue 6, page no. pp35-46, November-2014, Available at : http://www.jetir.org/papers/JETIR1701847.pdf

Publication Details

Published Paper ID: JETIR1701847
Registration ID: 502981
Published In: Volume 1 | Issue 6 | Year November-2014
DOI (Digital Object Identifier):
Page No: 35-46
Country: Barabanki, Uttar Pradesh, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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