ABSTRACT

The Indian Institutes of Management (IIMs) were created primarily as a means of acquiring suitable managerial talent for the public sector enterprises being created in independent India and have not earned a reputation for churning out entrepreneurs in large numbers. Part of this could be explained by the restrictive entrepreneurship journey India undertook until the 1980s. The focus of the IIMs, too, has been more on producing graduates who would serve the industry as managers and consultants. This essay looks at a few examples of entrepreneurial success among IIM Calcutta graduates. It also examines a few enablers that would help firms in truly pursuing the goals of entrepreneurship and help in the process of nation building.