Entrepreneurship is a major source of jobs creation, economic growth, and innovation in most of the economies. It entails identification of opportunity, and a series of steps taken to commercialize the identified opportunity in a profitable manner. Along the way, entrepreneurs encounter many decision problems pertaining to strategy and operation, ranging from deciding on the business opportunity to go-to-market plan. Decision making in an entrepreneurial setting becomes difficult and challenging because of many unknowns requiring knowledge of contextual intelligence and changing business environment, further accentuated in emerging economies because of regulatory uncertainty and change. Right decision making is key to profitable exit or early disengagement, resulting in reduced sunk cost.
Questions to be answered from research:

What frameworks and models can be used to assess as to what it will take to reach the finality of the venture?
What are parameters of entrepreneurial decision problems impacting cost of decisions?
What are the dimensions of entrepreneurial ecosystems impacting cost of decisions, entrepreneurial growth, and competitiveness of the region?
What are the factors for policy-makers to work to encourage entrepreneurial growth and increase competitiveness of a region?