Emerging Opportunities and Prospects for Entrepreneurship in Tribal Regions: Evidence from Nagaland
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Abstract
Entrepreneurship plays a pivotal role in driving socio-economic development, particularly in tribal regions where local initiatives hold the potential to generate employment, foster innovation, and promote self-reliance. This study examines the emerging opportunities and prospects of entrepreneurship within the tribal context, with empirical evidence drawn from Nagaland. A total of 174 entrepreneurs from the trading, manufacturing, and service sectors were surveyed using a structured questionnaire, with respondents selected on specific criteria to ensure authenticity and representation. The collected data were analyzed through factor analysis, which identified seven key factors representing the core prospects of entrepreneurship in tribal regions. These include Social Factors, Managerial Skills, Employee Commitment, Ease and Production, Profitability, Enterprise Resources, and Ability to Execute Government Schemes. The findings provide actionable insights for policymakers, support agencies, and aspiring entrepreneurs, highlighting the strategic areas that can strengthen tribal entrepreneurial ecosystems and contribute to inclusive development, particularly in the post-pandemic recovery context..