Innovation and Technology in Entrepreneurship- Pathways to Sustainable Rural Development in Northeast India
DR. SUSHOBHAN SENGUPTA SUSHOBHAN SENGUPTA
Paper Contents
Abstract
Innovation and technology play a pivotal role in driving sustainable rural development, particularly in regions facing structural economic challenges. This study explores the impact of technological advancements and entrepreneurial innovation on Northeast India's rural economy. By leveraging various theoretical frameworks, the present study highlights how digital transformation, technological interventions, and government policies contribute to economic growth.The paper examines key sectors, including agriculture, handicrafts, and tourism, where innovation-driven entrepreneurship has significantly improved productivity and market access. Despite these advancements, challenges such as inadequate infrastructure, financial constraints, digital illiteracy, and socio-cultural barriers continue to hinder progress. Policy frameworks like Startup India and the North East Industrial Development Scheme (NEIDS) are evaluated to understand their effectiveness in fostering innovation.Public-private partnerships and digital initiatives have shown promise in bridging gaps, yet implementation inefficiencies remain. The study underscores the necessity of strategic investments in digital literacy, infrastructure development, and regulatory simplifications to create an enabling ecosystem for entrepreneurs. By addressing these challenges, Northeast India can harness its indigenous resources, promote sustainable business practices, and emerge as a model for rural economic transformation.
Copyright
Copyright © 2025 DR. SUSHOBHAN SENGUPTA. This is an open access article distributed under the Creative Commons Attribution License.