Entrepreneurship is a key catalyst for inclusive economic growth, employment generation, and regional development in emerging economies such as India. This study examines the weaknesses and challenges associated with entrepreneurial skill development and business model innovation (BMI) in the Pune district of Maharashtra, with special reference to the semi-urban and rural tahsils of Baramati, Indapur, and Daund during the period 2025–2030. Using a descriptive and analytical research design, the study draws on primary data collected through a structured survey of 150 entrepreneurs, supplemented by secondary data from government reports, MSME publications, and academic literature. The analysis focuses on demographic characteristics, entrepreneurial skill gaps, adoption of innovative business models, and key operational challenges. The findings reveal persistent deficiencies in digital, financial, marketing, and innovation-related skills, with innovation and strategic planning emerging as the most critical gaps. Adoption of business model innovation is uneven across the study area, with Baramati exhibiting relatively higher innovation levels compared to Indapur and Daund. Access to finance is identified as the most significant challenge, followed by inadequate skill training and weak market linkages. The study concludes that targeted skill development initiatives, strengthened incubation support, and improved access to finance are essential to enhance entrepreneurial performance, sustainability, and regional economic development through 2030.
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Mrs. Chhaya Amol Patil
Amol Shivaji Patil
Mangesh Subhash Phutane
Yashwantrao Chavan Maharashtra Open University
Hans Raj Mahila Maha Vidyalaya
Department of Commerce
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Patil et al. (Fri,) studied this question.
synapsesocial.com/papers/69d34dfc9c07852e0af9781d — DOI: https://doi.org/10.5281/zenodo.18887172