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This paper aims to study entrepreneurial ownership and technological input on product innovation globally and in the Indian context. The data used in this study is collected from the Global Entrepreneurship Monitor (GEM).

The study evaluates strategic innovation and entrepreneurial ownership in global and country-level data. The study was extracted from global and country-level data by the GEM. One of the methods used is ordinal regression analysis to examine the importance of entrepreneurial ownership and technology usage on product innovation. Another technique used is the fuzzy-based simulation to simulate the scenario of entrepreneurial ownership and usage of technology in business processes impacting product innovation.

Results from statistical analysis indicate that entrepreneurial ownership is high in India compared to the globe. The usage of technology and its excellence is still lower than the global level and in other countries. In India, product innovation is achieved because of strong entrepreneurial ownership but, globally product innovation is achieved because of the higher level of technological excellence and technology usage in innovation activities. The fuzzy-based simulation shows that product innovation is at peak only when both technological input and entrepreneurial ownership are high.

This paper's original contribution is that the fuzzy-based simulations are applied to GEM data to study the relationships of entrepreneurial ownership and technological input on product innovation through simulation. The study has shed light on how entrepreneurial ownership and usage of technology are influential in product innovation.

India ranks third in the global startup ecosystem in the world incubating more than 50,000 startups and witnessing 15% YoY growth per year. Being a center of innovation and skilled labor, Indian startups have attracted investments from all over the world. This paper aims at exploring the trends that are driving the growth in the Indian startup ecosystem.

Top 200 startups according to valuation are selected as a sample to find out the major trends in the Indian startup ecosystem. This paper includes surveying the sample startups about the implementation of trends such as big data, crowdfunding and shared economy in their startup and its tangible, as well as intangible impacts on their business. The result of the survey is analyzed to get an overview of the emerging trends in the Indian startup ecosystem.

Major ten emerging trends that drive growth in the Indian startup ecosystem are discovered and the areas where these trends can be leveraged are identified.

This research has contributed toward structuring and documenting the growth driving trends, and it will help the budding entrepreneurs to get familiar with the contemporary trends, pros and cons associated with it and the ways to leverage these trends to build a successful startup.