Empirical Study Based on Successful Entrepreneurial Innovation and its Contribute in Achieving Vikshit Bharat Mission
Deepak Kumar Prasad
Research Scholar
Vidyasagar University, Department of Commerce and Business Administration, Midnapore, India
(M) 7049358425, email: blnassociate1989@gmail.com
(Abstract)
Innovative entrepreneurship can be used to tackle global challenges like climate change, inequality, and resource scarcity while driving sustainable development. Enterprises can also be a constructive partner in both achieving Sustainable Development Goals (SDGs) and transforming the country from a developing to a developed country under the vision of Vikshit Bharat. This calls for the transfer from profit-oriented value logic to wider social, environmental, and cultural value dimensions. By opening the lens for inclusion, organizations deliver much higher value on techno-resilience and inclusion.
Based on case studies and empirical data, the study identifies key strategies to help enterprises to sidestep challenges such as cultural diversity, regulatory constraints, and resource limitations. These are technology-enabled solutions: using digital inclusion, renewable energy innovation, and smart infrastructure to enable entrepreneurial innovation. Some of those benefits are enabling underprivileged segments of society, fostering jobs, and facilitating networks for better resource sharing, all of which are supported by local ecosystems. The study highlights how public-private partnerships are essential to creating an ecosystem of conditions that allow sustainable growth, each bridging systemic gaps while encouraging compatible actions.
These results underscored the transformative roles entrepreneurial innovations also play within the trajectory of the sustainable and equitable development of countries, thus making them a prominent factor in national planning and a priority for policymakers. In doing so, this research provides valuable and applicable insights for policymakers, industry leaders, and stakeholders across social, economic, and environmental sectors.
The study also calls for scalable, high-impact solutions by aligning local efforts with global aspirations to create a resilient, inclusive, and sustainable economy. This study awaits broad intersectoral action, to arrive at a steady-state global sustainable ecosystem. It is meant to help guide the participation of entrepreneurs in the sustainability agenda and accelerate India’s march towards SDGs and the “Vikshit Bharat” vision.
Keywords: Innovative entrepreneurship, techno-resiliency, SDG, public-private partnerships, grassroots ecosystems
