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Year: 2005


xii + 239 pp, OUT OF STOCK

About the Book

The study deals with the problem of entrepreneurship development - one of India's major concerns today. It concentrates on the differential scenario in respect of emergence, perception and exploitation of industrial opportunities during the period from the beginning of the factory method of production in the country up to the end of the 20th century.

US$ 25


About Author

Prof. Valentina Chernovskaja is Orientalist, Doctor of History, Professor at International Institute of Economy and Law, Yaroslavl, Russia. Educated at Yaroslavl and Moscow Universities she has played a pioneering role in promoting the study of Indian entrepreneurship for almost two decades. She is the author of two books and a large number of papers published in national professional journals and abroad.

SUSMITA BHATTACHARYA is a Research Fellow in the Russian Language Programme of Maulana Abul Kalam Azad Institute of Asian Studies, Kolkata.

Maulana Abul Kalam Azad
Institute of Asian Studies
567- Diamond Harbour Road
Behala, Kolkata - 700 034.
Phone : +91-33-2468 1396
Fax : +91-33-2468 4634
Email :

"...Prof. Chernovskaya, a historian by training, takes a long term view of Indian entrepreneurship and discusses the business exploits of prominent industrialists from the beginning … to the end of the 20th century. Her account of the rise of a new generation of entrepreneurs in the post-independence era provides a useful frame of reference to understand the differences that freedom brought about in the nature of Indian entrepreneurship. The discussion on informal mechanism adopted by the Indian business class to influence governmental decisions in free India is particularly relevant in today's context. Scholars dealing with corporate entrepreneurship normally do not give much attention to small-scale industries. Prof. Chernovskaya has devoted a full chapter to it.

...The fact is that I have learnt a great deal from her work."

Prof. Dwijendra Tripathi (Retd.)
IIM, Ahemdabad




Introduction: Methodology, Purpose of Study, Historical Framework, What is done in Russian Historiography, Major Questions, Sources, What is
done in Indian Historiography,

Concept of 'An Ideal Entrepreneur': Evolution of the term 'Entrepreneur', Karl Marx's Stereotype of "Normal/Active Capitalist", Analytical Model of Entrepreneur in Western Sociology, "Theory of Constellation of Forces" by D. Tripathi

The Beginning of the Biography of 'An Active Capitalist': Family, Caste, Market, State Policy

Pioneers of Indian Industry: From Merchant to Manufacturer

Industrial Patronage in Post-Independence Period 1947-1990: Corporate Sector: from Policy of Horizontal Diversification to Vertical Integration, Social Portrait of the Manager of a Big Company, Family, Ownership and Power in Indian Corporate Sector

State and Small-Scale Business in the Post-1947 Era of India: "Small Scale Industry" Metamorpphosis of the Term, Trade Capital in Small Industry, New Vaishyas

Entrepreneurs in the Socio-Political Structure of India: 1947-1990: Non-Party Mechanism of Representation, Largest Private Corporations, Blocs of Monopolists as Pressure Groups, National Associations of the Entrepreneurs, Business in Parliament, Forms and Methods of Penetration into the Centre of Legislative Power


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