Contemporary Entrepreneurial Framework Conditions in India: National Expert Survey (NES)

GEM identifies the entrepreneurial context of a particular economy in terms of many factors, known as the Entrepreneurship Framework Conditions (EFCs). These key indicators are derived from more than two decades of GEM research, experience, and knowledge. The conditions of the EFCs can boost and enable or discourage and constrain the emergence and development of entrepreneurship in any economy. Many of these EFCs are subject to the direct influence of the government, so the status of these EFCs can reflect government priorities and spending. These EFCs directly influence entrepreneurial opportunities, entrepreneurial capacity, and entrepreneurial preferences. EFCs vary across different regions and economies and, hence, require analysis as per the context of the place and surroundings. Currently, nine major dimensions define the Entrepreneurial Framework. Figure 4.1 discloses these dimensions.