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A Sustainable Business Model: Experiences of Indian Micro Enterprises

  • Rabi N. Kar
  • Minakshi Kar
  • Amrita Kaur
Chapter

Abstract

Micro enterprises have remained an important part of the Indian economy from ancient times. Uniquely innovated through ‘Craft Technology’, some products like ‘muslin’ enjoyed pride of place in medieval India and attained fame in foreign countries until the emergence of factory-made cloth. Even today, these enterprises are at the helm of harnessing innovations for commercial purposes. However, they need technological synergies through collaborations with universities, R&D institutions and incubators. This chapter aim to explore the business models and innovative practices of micro enterprises in the Indian hinterland. It also attempts to standardize those business models, their innovations and practices, with possible synergies through collaborations that may be replicated in other developing countries.

Notes

Acknowledgements

This paper was the by product of the knowledge gain through Delhi University Innovation Projects Scheme 2014. Authors deeply acknowledge the role of University of Delhi for final shape of this paper.

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Copyright information

© The Author(s) 2017

Authors and Affiliations

  • Rabi N. Kar
    • 1
  • Minakshi Kar
    • 2
  • Amrita Kaur
    • 3
  1. 1.Shyam Lal CollegeUniversity of DelhiNew DelhiIndia
  2. 2.Dyal Singh CollegeUniversity of DelhiNew DelhiIndia
  3. 3.Shaheed Bhagat Singh Evening CollegeUniversity of DelhiNew DelhiIndia

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