From Bottlenecks to Breakthroughs: A National Agenda for Nepal's Entrepreneurial Renaissance
Abstract Nepal stands at a critical economic crossroads, its future prosperity contingent on transitioning from a remittance-reliant economy to a dynamic, innovation-driven powerhouse. Despite a deep-rooted history of enterprise, the nation's modern entrepreneurial ecosystem is severely underdeveloped, stifled by a confluence of archaic legal frameworks, systemic bureaucratic inefficiencies, a chronic capital deficit, and deep-seated socio-cultural biases against risk-taking. This paper serves as a comprehensive manual for all national stakeholders—policymakers, entrepreneurs, academics, and civil society—offering a rigorous diagnosis of the core impediments to entrepreneurial growth. It deconstructs the failures of past policies and presents a holistic, evidence-based, and actionable blueprint for reform. The proposed agenda is built on three foundational pillars: (1) radical regulatory simplification through a digitized, single-window governance model; (2) strategic capital mobil...