"Given the same resources, an Indian entrepreneur would survive longer than one in California," says Professor Philip Anderson, who teaches entrepreneurship at the international business school, INSEAD.
Thanks to their tenacity and the spirit of jugaad, Indian entrepreneurs shine in the global marketplace. Yet on a global index of 'Ease of Doing Business' recently released by the World Bank, India ranks 133 out of 183 countries. It shows that given a more conducive environment, Indian start-ups could do much better.
Business Today's Taslima Khan asked five experts to discuss the problems Indian entrepreneurs confront and what can be done to reduce them.