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Systematic Review Framework- Analyzing the Policy Landscape of Uttar Pradesh Startup Ecosystem

Devika Dhawan Shukla, Madhu Bhatia, R.K. Maheshwari

International Journal of Innovative Research in Engineering & Management, 2024

Abstract

This paper analyses the policy framework for start-ups in Uttar Pradesh with reference to existing; issues, opportunities and prospects for the development of a supportive framework to create an environment for innovation and enterprise development. They include policy documents and academic articles and focuses on the period 2015-2024 with the view of identifying strengths, weakness and potential areas of improvement in relation to the startup ecosystem in the state. Funny enough, the current emerging sectors including logistics and transportation, financial and other related services, healthcare and Edtechs among others are on the rise but the issues like regulatory measures, talent search, and gender imbalance issues among others still exist. Startup Policy 2020 and infrastructure support have been beneficial, though more effective and friendly policies are needed for that. The study recognizes limitations, for example, in data acquisition and analysis, and incomplete knowledge of the SME sector conditions that may influence the credibility of findings. Most importantly, it offers policy suggestions for optimizing resource allocation and policy effectiveness and advancing sustainable development as well as a bridge between theory and practice for the state’s corporate development.

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