Entrepreneurship is the process of making something more useful or more affordable by innovation. This innovation may be technical in nature or process improvement or both. Some of the new enterprises have used the power of information technology to provide services and products for benefit of users in daily life e.g. Ola, Snapdeal, Zomato, flipcart etc which are common household names.
Entrepreneurship opportunities go in hand with technological developments as new enterprises start in area of emerging technologies. In era of internet revolution, the enterprises that came in existence were Yahoo, Google, Hotmail etc. Then came the era of Internet commerce, which gave the evolution of enterprises eg Amazon, FlipKart, Snapdeal. With advent of email and internet socialization another set of enterprises evolved e.g. Facebook, Linkedin etc.
Entrepreneurial opportunities also exist due to social thrust and government policy to make something happen e.g. Skill India, Digital India, Smart Cities etc.
Having discussed the process of entrepreneurial opportunities and such successful enterprises, we also need to understand the evolution process of the enterprises. All enterprises must have started with some idea to make things easier and useful. The stages may be defined like this:
We at, CSI SIG IE, should discuss entrepreneurial eco system of the country and work as lobby group to ensure friendly environment. Here we need more comparative studies among countries, among states in India, hence we shall seek Academia and researcher assistance in this study.