July 12, 2022, Paper: "India is celebrated for a resurgence of de novo entrepreneurship in recent decades. Entrants have engaged in creative risk-taking to provide market-based solutions for private or social needs despite not being scions of wealthy industrial or business families. In this policy piece, I first document and celebrate this rise of entrepreneurship. I then turn to the inconvenient fact that this entrepreneurship is heavily circumscribed in a handful of sectors, even more so than the similarly skewed incidence that one sees in the US ecosystem (as an imperfect benchmark). A gaping lacuna is the lack of what I refer to as science-based entrepreneurship, increasingly understood as perhaps the key source of long-run dynamism of mature economies."
Non-HKS Harvard Faculty Author Website - Tarun Khanna