Research article · Open access · 3 Apr 2019

Employee to Entrepreneur Transition Trends and Financing of SMEs in Indian Tourism Industry

Junaid KC, Divya N V, Mohamed Riyas Kozhikkattil

Abstract

Tourism industry includes Transportation, Accommodation, Recreation and Entertainment, Food and Beverage Services and travel services contributing 8% of total employment. This paper analysis transition trend waged employees to entrepreneurship and the challenges faced in financing tourism SMEs in India. This transition in tourism industry is found positive rate than other sectors by influence of Digital marketing, Easy financing, Government schemes, Minimum capital and labour needs. But, with some socio-economic challenges.

indian-tourism

References

1. Berger and Udell, 2006,A. Berger, G. Udell “A more complete visionary framework for SME finance” Journal of Banking & Finance, 30 (2006), pp. 2945-2966 2. Hirsch, Jeffrey M. "Employee or Entrepreneur." Wash. & Lee L. Rev. 68 (2011): 353. 3. Javalgi, R. R. G., & Todd, P. R. (2011). Entrepreneurial orientation, management commitment, and human capital: The internationalization of SMEs in India. Journal of Business Research, 64(9), 1004-1010. 4. Jones, E., & Haven, C. (2005). Tourism SMEs, service quality, and destination competitiveness. CABI. 5. Josef, Jonas, and Rolf Meyer. Financial Structures of Swiss SMEs in the Manufacturing Industry: A Mixed Research Approach. GRIN Verlag, 2016.

Author information

Junaid KC
Researcher at TOTEM NGO, Kerala MA Anthropology,Pondicherry University

Divya N V
MA Anthropology, Pondicherry University

Mohamed Riyas Kozhikkattil
Faculty at Malabar College of Advanced Studies, Kerala, M.Com, Pondicherry University

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