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21st Century Entrepreneurship Challenges and Opportunities

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  • Mishra, Payal
  • Padhy, Chitrasena
  • Mishra, Nibedita
  • Roy, Dipanwita
  • Prasanna, V.
  • Madhuri, Chundru Ramya

Abstract

Today, India has become the fastest-growing marketing platform in the business market. In the 21st century, entrepreneurship has also undergone a thoughtful transformation and is characterized by different innovations, global visions along with social and environmental responsibility. Different technologies like AI, blockchain, biotech, and renewable energy, which are the central part of this period's entrepreneurial victory, challenge predictable business models. Globalization facilitates with international access, diverse talent, and collaboration, which are significant result to an entrepreneur. 21st-century business people prioritize their societal and environmental impact. Agility and rapid adaptation are crucial to meet evolving market demands. Access to capital remains a challenge, but crowdfunding, angel investors, venture capital, and blockchain-based fundraising expand opportunities. Regulatory environments adapt to the disruptive potential of modern entrepreneurship. Beyond business, 21st-century entrepreneurs shape job markets, redefine work, and encourage adaptability and entrepreneurial thinking.

Suggested Citation

  • Mishra, Payal & Padhy, Chitrasena & Mishra, Nibedita & Roy, Dipanwita & Prasanna, V. & Madhuri, Chundru Ramya, 2023. "21st Century Entrepreneurship Challenges and Opportunities," Asian Journal of Agricultural Extension, Economics & Sociology, Asian Journal of Agricultural Extension, Economics & Sociology, vol. 41(12), pages 1-6.
    • Handle: RePEc:ags:ajaees:367848
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