000			01161pab a2200169 454500
008			180718b2005 xxu||||| |||| 00| 0 eng d
100			_aChithelen, Ignatius
245			_aPublic capital markets and new generation of entrepreneurs: success of Indians in the US and potential in India
260			_c2005
300			_ap.4373-377.
362			_a1 Oct
520			_aThis note seeks to examine why thousands of Indian professionals in the US go on to start their own business and why the same phenomenon does not occur in India, at least not on a similar scale. The key factor behind the success in the US is the easier access to capital through the public equity markets. So policies that promote similar access in India will enable more professionals to become first generation entrepreneurs. State governments that implement such policies will find the financial burden to be small. While driven by their desire for wealth and growth, many of the new capitalists are likely to back positive changes in areas like education. - Reproduced.
650			_aFinancial markets
700			_aSouza, Val
773			_aEconomic and Political Weekly
909			_a67282
999			_c67282 _d67282