Towards Enhancing Enterprising Culture in Nepal

This study suggests that lenient and flexible business regulations of a country are more favorable towards entrepreneurship. Thus, favorable regulatory environment that incorporates ease of entry, ease in tax payment mechanism, favorable investment environment, and flexible labor regulations are recommended for the purpose of attracting more enterprises to be established in Nepal. Likewise, this study has also proposed methods whereby the enterprises can have greater access to finance, market and business development services. Additionally, it also reveals that Nepal needs to catch up with the rest of the world in terms of acceptance to innovation and thus needs to reform policies related to the same and invest heavily in physical and digital infrastructure.

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