The IUP Journal of Entrepreneurship Development
Opportunities and Challenges of Tribal Entrepreneurship: A Review

Article Details
Pub. Date : Dec, 2022
Product Name : The IUP Journal of Entrepreneurship Development
Product Type : Article
Product Code : IJED011222
Author Name : Amar Vangad and Rajesh Kumar Pandey
Availability : YES
Subject/Domain : Management Journals
Download Format : PDF Format
No. of Pages : 9

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Abstract

The study examines 'Tribal Entrepreneurship' and the various opportunities and challenges that tribal entrepreneurs face. Selected research papers and articles on the theme were studied, based on which conceptual inferences were drawn for better clarity. Opportunities in terms of business avenues and government initiatives and schemes were collated. The major challenges identified for tribal entrepreneurship are lack of awareness, non-availability of resources, and lack of entrepreneurial abilities, social acceptance and encouragement. Based on these findings, 'Tribal Entrepreneurship Model' has been developed.


Introduction

Developing countries like India aim for a rapid, balanced, and sustainable economic growth. This growth can be attained only when the socioeconomic factors of a country are strengthened. One such key factor which has great potential to contribute to the society is entrepreneurship. It can be practiced by anyone irrespective of caste, community, or class. In India, many resources are abundant but entrepreneurship is scarce (Baporikar, 2009). Therefore, it should be encouraged to reap economic prosperity.

Entrepreneurship has evolved in various ways such as small business entrepreneurship, large business entrepreneurship, scalable startup entrepreneurship, social entrepreneurship, and innovative entrepreneurship (Types of Entrepreneurs, 2021). Now, rural entrepreneurship and tribal entrepreneurship have been coined to understand the entrepreneurial activity of these specific sections of the society. Irrespective of variations in entrepreneurship, it is fundamentally about developing, launching, and running an enterprise Wix Blog (2021). These variations are required to study the entrepreneurs in such realms.


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