India's Innovation Landscape Quiz
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Questions and Answers

What is the focus of India's innovation and entrepreneurship ecosystem?

  • Government initiatives and country-specific indices (correct)
  • Global start-up landscape and start-up mortality
  • Establishing and building of an I&E ecosystem
  • Streamlining of existing I&E ecosystem
  • What percentage of failed start-ups received funding?

  • 20%
  • 30%
  • 40%
  • 55% (correct)
  • What is the average lifespan of majority of start-ups in India?

  • 2-3 years
  • 1.6-1.9 years (correct)
  • 3-4 years
  • Less than 1 year
  • What is the main concern for the development of an enabling system/culture in Higher Education Institutions (HEIs)?

    <p>Establishing and building of an I&amp;E ecosystem</p> Signup and view all the answers

    What is the primary factor contributing to the start-up mortality rate in India?

    <p>Majority of start-ups dying within 1.6-1.9 years of inception</p> Signup and view all the answers

    Study Notes

    India's Innovation and Entrepreneurship Ecosystem

    • Focuses on fostering a robust environment for start-ups that emphasizes technology, innovation, and research.
    • Aims to enhance collaboration between educational institutions, industry, and government to drive entrepreneurial ventures.

    Start-up Funding Challenges

    • Approximately 80% of failed start-ups secured funding prior to their demise, highlighting the challenges of sustainability despite initial financial support.

    Start-up Lifespan

    • The majority of start-ups in India have an average lifespan of around 3 to 5 years, indicating a significant rate of early-stage closure.

    Higher Education Institutions' Concerns

    • The main concern for developing an enabling system in Higher Education Institutions (HEIs) is the lack of a culture that supports innovation and entrepreneurship among students and faculty.

    Start-up Mortality Rate Factors

    • The primary factor contributing to the high mortality rate of start-ups in India is the inadequate market validation of business ideas before launch, often resulting in financial and operational challenges.

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    Description

    Test your knowledge of India's innovation landscape, government initiatives, and global startup ecosystem with this quiz. Explore the factors influencing India's position in the global innovation index and its competition with other countries.

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