Citation:

Shilpa Kumari, Manoj Sharma. "Opportunities and Challenges of Tribal Entrepreneurship: A Review" International Research Journal of Economics and Management Studies, Vol. 3, No. 11, pp. 48-53, 2024.

Abstract:

The current paper reviews the literature on the concept of tribal entrepreneurship, its distinctive characteristics and opportunities, and challenges associated with tribal entrepreneurship. The paper identified the various opportunities available to the tribal communities, including leveraging traditional knowledge, fostering community collaboration, enhancing cooperative entrepreneurship, utilizing technology and digital tools, and benefits from the policies and programs. On the other hand, low access to capital, deprivation of entrepreneurial education, lack of skill training, limited market access, regulatory and institutional barriers and socio-cultural factors are the main challenges faced by tribal entrepreneurs. Based on the literature review, the study develops the ‘Tribal Entrepreneurship Model’ by integrating opportunities and challenges of tribal entrepreneurship. Moreover, the paper further tried to identify the gaps and scope of the research in tribal entrepreneurship, which will contribute to the sustainable growth of tribal ventures and the implementation of culturally sensitive policies.

References:

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Keywords:

Tribal Entrepreneurship, Existing Literature, Opportunities, Challenges, Tribal Entrepreneurship Model.