| dc.description.abstract | There is no dearth of literature on industrial development in India. The theme has attracted a large number of scholars and some excellent studies have come out in recent years. None, or practically none, of the existing works, however, has sought to analyses the industrialization process in the context of entrepreneurial behavior which in the growth theories today has come to occupy a place at least equal to that of capital (4, p.28) (14, pp.30-38) (7, p.1). Admittedly, a few have paid attention, albeit indirect and insufficient, to the entrepreneurial process. Most of these have blamed the policies of an alien government for retarding entrepreneurial initiative in India, and some have stressed the unwholesome effect of sociological factors like caste and religion. | |
