Large Scale Government Programs and Effect on Student Entrepreneurship

This paper addresses the linkage between large scale government program (“Digital India Program” and “Make in India Program”) and psychological factors contributing to entrepreneurship development. The proposed research framework denotes linkage between large scale government program, psychological factors and entrepreneurship development. It adds incremental information to the existing research studies and frameworks. Based on primary research, the authors recommend top three factors (“Creative Personality”, “Need for Achievement” and “Need for Economic Independence”) important and correlated for entrepreneurship development among students. The statistical analysis of responses from the two survey shows that large scale government program does encourage these factors. The program also brings in favourable attitude towards student entrepreneurship. Thus, these programs shall explore and get better support from educational institutes and the student community. Authors urge an increase in program volume of “tangible” and “intangible” benefits and make them alluring to student entrepreneurs. In addition, awareness via advertisement and seminars shall increase. The jobs and skills component of these programs shall include entrepreneurship skills and free IT tools/resources for entrepreneurs