Research Article

Focusing on the Growth of Entrepreneurship through Interventions and Supports Mechanism: A Case from Bhutan

Volume: 4 Number: 2 September 2, 2021
EN TR

Focusing on the Growth of Entrepreneurship through Interventions and Supports Mechanism: A Case from Bhutan

Abstract

The role of entrepreneurship is always regarded as an important pillar of a country’s socio-economic development. There is evidence that startups and entrepreneurs contribute a substantial share of the contribution to the national economy. There are situational challenges encountered by entrepreneurs which make entrepreneurs a not preferred option to venture into as well as forcing existing entrepreneurs to withdraw their active roles. This study makes use of secondary data from the published sources to underline the intervention measures as well as a support mechanism that a small country like Bhutan has been exercising in past decades to foster the growth of entrepreneurship in the country. The study found out the initiative and mechanisms provided by various agencies and stakeholders to make a vibrant entrepreneurship ecosystem proved much successful and also creations of multiple incubation centers are proving out much successful in the case of Bhutan. Even in the era of the ongoing pandemic, Bhutan has identified entrepreneurs especially “cottage and small scales industries (CSI)” as a key element of its economy and prioritizes it as one of the flagship programs to be supported in the current five-year plan of the country.

Keywords

References

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Details

Primary Language

English

Subjects

Business Administration

Journal Section

Research Article

Publication Date

September 2, 2021

Submission Date

June 18, 2021

Acceptance Date

August 24, 2021

Published in Issue

Year 2021 Volume: 4 Number: 2

APA
Bhattarai, H. (2021). Focusing on the Growth of Entrepreneurship through Interventions and Supports Mechanism: A Case from Bhutan. Uluslararası Yönetim Akademisi Dergisi, 4(2), 251-263. https://doi.org/10.33712/mana.954196

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