Abstract

The challenge today for the economies of the North Eastern (NE) Region in India is to leverage the opportunity from increased liquidity, favourable industrial policy, invest in new job creation and nurture key sectors for diversified and sustainable growth. This paper shows how NGO can play the vital role in promoting entrepreneurship and highlights the opportunities and challenges. This paper does not seek to propose a comprehensive job creation strategy, but to outline steps necessary to reinforce the potential role that NGO can play in job creation, show evidence of success along these lines, and point to policy steps that can be taken in this direction. This work draws on recent developments in organizational economics to develop the notion of institutional complementarities and illustrate its importance.