Renowned Filmmaker Shekhar Kapur has termed entrepreneurship an act of chaos, which is born out of a dream, being "slaves to keywords such as innovation, capital structures, and scalability".
"A dream is not a structure. People who fund entrepreneurs work with structures, which gives rise to a conflict. So an entrepreneur spends his time fighting his way through the structure," said Kapoor, addressing delegates on the second day of TiEcon 2012 here on Saturday. He is also a member of National Innovation Council.
The panel on entrepreneurship, after deliberations at TiEcon 2012, urgently called for a national policy, covering key areas such as access to capital, healthcare and involvement of state governments, to create 30 to 40 million additional jobs.
"Having innovative ideas is the first step which needs to be followed by support including capital support," Arun Maira, member, Planning Commission, told delegates at the second day of The Indus Entrereneurs (TiE) annual conference, here on Saturday.
"The other key aspect is that of scaling up. We don't collaborate very well among each other, we get too stuck on our ideologies and very often don't see eye to eye. That comes in the way of scaling up," he added, according to a TiE press release.
Saurabh Srivastava, Chairman Emeritus, TiE Delhi chapter also reiterated the need for such a policy, to generate 30-40 million jobs and revenues over Rs.200 billion.
Social ventures are harder to predict, monitor and measure impact, said Robert Gertner, professor and deputy dean, Booth School of Business, University of Chicago, at the session on social entrepreneurship.
The panel on Education and Skill Development chaired by Sandeep Sinha, Managing Partner, Lumis Partners, said that this industry has enormous opportunities and entrepreneurs need to get their ideas into action and run them sustainably.
"There is money to be made in this segment. Those who can manage the aspiration of the individual will be able to crack it," Dilip Chenoy, CEO & MD, National Skills Development Corporation, emphasizing the need for handholding people through placements. "Lack of teachers and trainers is a challenge. But entrepreneurs must see the problem as an opportunity," he said.
Harsh Chitale, CEO, HCL Infosystems, said this segment may not be amenable to rapid scaling. "The key challenge is the ability to scale profitably," he said. "The value proposition of an enterprise in the segment is not about training individuals. It is being able to give customers the right people who are fully trained and productive from the day one," Chitale said.
Amit Jain, CEO eHealthPoint, talked about the company's operations in Punjab villages. "We run primary healthcare centres in villages that have population from 4,000 to 10,000 people. We provide tele-medical consultations, on-site diagnostic tests, generic drugs at low rates, and clean drinking water through these centres. These villagers now have access to accurate diagnosis and treatment."
Ajay Bakshi, CEO, Max Healthcare, pointed out the need for disruptive healthcare technologies in India, as he fears that the healthcare system in India is moving towards the same expensive system that the US is now reeling under.