Entrepreneurship and Development

Home/ Entrepreneurship and Development
Course TypeCourse CodeNo. Of Credits
Foundation ElectiveSDS2DS2074

Semester and Year Offered: 3rd Semester

Course Coordinator and Team: Anirban Sengupta

Email of course coordinator:

Pre-requisites: None

Aim: Intimate connection between business and economic growth across the world has made entrepreneurship a framework to understand and influence the processes of development. Whereas on the one hand entrepreneurship is looked at as a conceptual tool to explain the rise of specific families and communities in terms of economic wealth and social status, on the other hand it is visualized as a device to empower the underdeveloped. While development may be considered in terms of entrepreneurship, it is also important to consider entrepreneurship in terms of its relationships with different collectivities including family and community and transformations therein. Taking entrepreneurship outside the sphere of economic action becomes critical for understanding its scope as a model for development. Accordingly, on the one hand, this course would seek to understand how cultural resources and social relationships shape the development of business, and on the other, would attempt to comprehend the scope and limit of approaching different developmental challenges including inequality, poverty, and empowerment from the perspective of entrepreneurship.

Upon completion of this course, it is hoped that a student will develop an in-depth understanding about the ways entrepreneurship gets shaped by developments at the level of community, family, and trusted circles. Through this course a student is also expected to make sense of the challenges of using framework of entrepreneurship to engage with developmental questions.

Brief description of modules/ Main modules:

  1. Culture, social relationships and economic action
  2. Community, family and business
  3. Migration and entrepreneurship
  4. Networks, Trust and business
  5. Women and entrepreneurship
  6. Dalit entrepreneurship and the question of empowerment
  7. Microfinance as entrepreneurship and the goal of poverty alleviation

Assessment details with weights:


SnoAssessmentDate/period in which Assessment will take placeWeightage
1Assessment 1Second week of September30%
2Assessment 2Second week of October35%
3Assessment 3Second week of November35%


Tentative Reading List:

  • Andrejuk, Katarzyna. 2016. Vietnamese in Poland: How does ethnicity affect immigrant entrepreneurship? Asian and Pacific Migration Journal, 25(4) 379-400.
  • Bayly, C.A. 2011. The family firm: A microcosm. In The Oxford India anthology of business history (pp. 169-183) Edited by Medha M. Kudaisya. New Delhi: Oxford University Press.
  • Bourdieu, Pierre. 1986. Forms of capital In Handbook of theory and research for the Sociology of Education (pp. 241–58) by J. Richardson (Ed.). Westport, CT: Greenwood.
  • Burt, Ronald S. (2000). The network entrepreneur. In Entrepreneurship: The social science view (pp. 281-307) Edited by Richard Swedberg. New Delhi: Oxford University Press.
  • Dasgupta, Chirashree. 2019. Circuits of capital in India: Trust, ‘informality’ and institution of the family-owned business group. In Trust in transactions (pp. 281-299) by Prasanta Ray and Rukmini Sen (Eds.). Hyderabad: Orient Blackswan.
  • Deshpande, Ashwini and Sharma, Smriti. (2013). Entrepreneurship or survival? Caste and gender of small business in India. Economic and Political Weekly, XLVIII(28), 38-49.
  • Dy, A.M., Marlow, S., and Martin, L. (2017). A web of opportunity or the same old story? Women digital entrepreneurs and intersectionality theory. Human Relations, 70(3), 286–311.
  • Granovetter, Mark. 1985. Economic action and social structure: The problem of embeddedness American Journal of Sociology, 91(3), 481-510.
  • Harriss, John. 2003. 'Widening the radius of trust': Ethnographic explorations of trust and Indian business The Journal of the Royal Anthropological Institute, 9(4), 755-773.
  • Harvey, Adia M. (2005). Becoming entrepreneurs: Intersections of race, class, and gender at Black beauty salon. Gender and Society, 19(6), 789-808.
  • Hulme, David and Maitrot, Mathilde. (2014). Has microfinance lost its moral compass? Economic and Political Weekly, XLIX(48), 77-85.
  • Jodhka, S. (2010). Dalits in business: Self-employed scheduled castes in north-west India, Economic and Political Weekly, 45(11), 41-48.
  • Kabeer, Naila. (2005). Is microfinance a 'magic bullet' for women's empowerment? Analysis of findings from south Asia. Economic and Political Weekly, 40(44/45), 4709-4718.
  • Karim, Lamia. (2011). Microfinance and its discontents: Women in debt in Bangladesh (Introduction: Neo-liberalism, microfinance, and women’s empowerment, pp. xiii-xxxiii). Minneapolis: University of Minnesota Press.
  • Prakash, A. (2010). Dalit entrepreneurs in middle India In The comparative political economy of development: Africa and South Asia (pp. 291-316) Edited by Judith Heyer and Barbara Harriss-White. London: Routledge.
  • Rekers, Ans and Kempen, Ronald van. 2000. Location matters: Ethnic entrepreneurs and the spatial context. In Immigrant Businesses: The economic, political, and social environment (pp. 54-69) by Jan Rath (Ed.). London: Macmillan Press in association with Centre for Research in Ethnic Relations, University of Warwick.
  • Saxenian, AnnaLee. (2000). The origins and dynamics of production networks in Silicon Valley. In Entrepreneurship: The social science view (pp. 308-331) Edited by Richard Swedberg. New Delhi: Oxford University Press.