Today, the frequency of research endeavors and their dissemination platforms viz. journals, periodicals, magazines, forums, round tables, conferences in the areas of entrepreneurship and small business management have increased significantly. Institutions, both academic and research, are very enthusiastically aiming and organizing such events where the research findings (both empirical and review) are being shared by researchers, academicians and professionals.
Research in entrepreneurship domain mostly revolves around entrepreneurship development process (ideation to scale-up); environmental and external determinant of entrepreneurship including studies on inclusivity in the context of Gender, Disadvantage group etc. The psychological, cognitive and individual characteristics have been studied as well to understand more about entrepreneurs, their mindset and profiles. Of late, it is observed that entrepreneurship research dimensions have increased from a few areas to many sectors and societal groups. The role of Government, both the future policies and reviews of existing policies and programmes on entrepreneurship, has also been debated in the research endeavours. In fact, scholars have explored the nuances of Public Policies including impact assessments of various initiatives aiming for livelihood and self-employment.
Studies on corporate venturing has grown into studying corporate entrepreneurship in the emergence of technology business incubator which is the key supportive factor to new-Gen innovative tech-ventures. Though researchers have included many of the societal issues in their entrepreneurship literature, but still I feel that there is a need to go beyond studying ‘formal entrepreneurship’ to informal entrepreneurship ‘or ‘inclusive entrepreneurship’ or ‘grassroots entrepreneurship’. The bottom of the pyramid in our society mostly depended upon some livelihood activities (self-employment, Tiny/Nano enterprises) and their approach is extremely different than formal enterprises, where the growth, expansion, vision, strategy etc. maters too much.
The researchers who are studying entrepreneurship using social theories must make an attempt to differentiate ‘How entrepreneurship, management, psychology, sociology and economics theories behave when these are used in Grassroots Entrepreneurship context?’ There is also need to study some issues for instance, Social Network Structures of Grassroots Entrepreneurs; Fear of Failure among entrepreneurs at the grassroots level; Stigmatization of Failed Grassroots Entrepreneurs; Mindset of Grassroots entrepreneurs etc.