New Industrial Entrepreneurs

Schumpeter Joseph A. The Theory of Economic Development trans, by Opie R. (Cambridge: Harvard University Press, 1934), p.66.

Dupriez Leon (ed). Economic Progress. (Paper and Proceedings of the 1953 round-table conference of International Economic Association held at Santa Marcherita Ligure, Italy.)

Aubrey Hen G. , Industrial Investment Decisions, The Journal of Economic History, 15th December, 1955, p. 338.

Aubrey , “Industrial Investment Decisions”, p. 338.

Census of India 1971 (Paper I, Provisional Population totals).

Statistical Abstract of Punjab, issued by Economic Advisor to Punjab Government, pp. 516–17.

Rangnekar S.B. , Development through Inter-industry linkage — An inquiry into the changing structure of Punjab's industries, Punjab University, Chandigarh, 1966, p. 169.

The term ‘Community’ denotes the group within which habitual inter-dining and intermarriage take place. In Hindu Society the Community is the primary social group. For a discussion of term community and its relation to business life in India, cf. Godgil D.R. , Some Notes on the Rise of Business Communities in India (New York). Institute of Pacific Relations, 1951).

See McCrory James T. , Small Industry in a North Indian Town: Case Studies in Latent Industrial Potential (New Delhi) Govt, of India 1956) and James J Berna , Industrial Entrepreneurship in Madras State (Asia Publishing House, 1960).

Radlich Entrepreneurship in Initial Stages of Industrialisation, pp. 65–71. He points out However that traders were the single largest group in Germany followed by craftsmen.

Hoselitz Bert F. , “Entrepreneurship and capital Formation in France and Britain since 1700”, in Capital Formation and Economic Growth, p. 324.

Pattern of Industrialisation of Punjab since Independence, pp. 185–86, unpublished dessertation of the author.

Mehrotra B.N. Capacity Utilisation in Machine Toots Industry in Punjab Unpublished Monograph, Punjab University, Chandigarh, 1971.

Pattern of Investment by Sources of Capital in Small Industrial Units, Published by Government of India, Central Small Industries Organisation, p. 43.

It has not been possible to find out the proportion of each source of finance precisely because the entrepreneurs in general were found to be suspicious about financial matters.

Techno-Economic Survey of Punjab, published by National Council of Applied Economic Research, p. IX.

Berna James J. , Industrial Entrepreneurship in Madras, p. 210.

Hoselitz Bert B. , ‘Entrepreneurial Element in Economic Development’, Economic Weekly, Feb., 1963.

Florence P. S. ‘Logic of British and American Industry’, p. 164.