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Title Strategic business model canvassing for terracotta pottery entrepreneurs in India
ID_Doc 34767
Authors Panghal, A; Dahiya, S; Sindhu, S; Siwach, P; Dahiya, B
Title Strategic business model canvassing for terracotta pottery entrepreneurs in India
Year 2023
Published International Journal Of Entrepreneurship & Small Business, 50, 3
DOI 10.1504/IJESB.2023.134176
Abstract The paper discusses strategic entrepreneurship vis-& agrave;-vis terracotta pottery production in Delhi, India. Pottery artisans face changing regulatory and market forces, which could result in a severe financial and technological burden on them. The study suggests strategies to protect this sustainable and traditional art of entrepreneurship. Present status of business of potters' community is examined using the business model canvas (BMC) and Porter's (2001) industry analysis and value chain model, and a new BMC is proposed. The strategies based on the new BMC are modelled through decision-making trial and evaluation laboratory technique (DEMATEL). To sustain entrepreneurship of terracotta art in India, the proposed strategies include stakeholders to focus on reducing production costs, conducting training and development, promoting product innovation, and exploring direct marketing channels and new customer segments.
Author Keywords business model canvas; BMC; terracotta pottery; Porter's industry analysis; strategic entrepreneurship; DEMATEL; India
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:001215717300001
WoS Category Business; Management
Research Area Business & Economics
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