As per Global Entrepreneurship Monitor 2019, among 54 countries who participated in the survey, India has the top ranking in: 1) Government policy support for entrepreneurship, 2)... As per Global Entrepreneurship Monitor 2019, among 54 countries who participated in the survey, India has the top ranking in: 1) Government policy support for entrepreneurship, 2) Cultural and social norms towards entrepreneurship, 3) School level educational programmes on entrepreneurship, 4) Governmental tax policies and bureaucracy. Additionally, India's Corporate Social Responsibility regulations provide opportunities for: 1) High-tech R&D start-ups, 2) Not-for-profit start-ups, 3) Corporate start-ups.
Understand the Problem
The question is asking about the top-ranking factor for India in the Global Entrepreneurship Monitor 2019 survey and the opportunities provided by India's Corporate Social Responsibility regulations.
Answer
1) Cultural and social norms towards entrepreneurship. 2) Not-for-profit start-ups.
India was ranked the highest among 54 countries in cultural and social norms towards entrepreneurship, and India's Corporate Social Responsibility regulations provide opportunities for not-for-profit start-ups.
Answer for screen readers
India was ranked the highest among 54 countries in cultural and social norms towards entrepreneurship, and India's Corporate Social Responsibility regulations provide opportunities for not-for-profit start-ups.
More Information
The specific areas where India ranked highly according to the Global Entrepreneurship Monitor 2019 include cultural and social norms towards entrepreneurship. India's CSR regulations are designed to benefit not-for-profit start-ups.
Tips
Common mistakes include assuming rankings based on assumptions rather than direct information, or misinterpreting CSR regulation opportunities.
Sources
- Global Entrepreneurship Monitor India Report 2019/20 - gemindiaconsortium.org
