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The paper aims to compare the relative influence of migrant and indigenous entrepreneurs on regional development in the eastern state of Odisha in a developing country like India. The data is based on ownership across 30 districts and ten different sectors for small and medium businesses. It is modeled on economic indicators such as Net District Domestic Product (NDDP) and employment generation at the district level. One‐way ANOVA and multiple linear regression on the data set suggest that ownership pattern influences development indices differently, hence having policy‐level implications based on the goals to be achieved. While migrant entrepreneurs' impact NDDP and employment opportunities positively for main workers, indigenous entrepreneurs from Odisha positively influence employment opportunities at an overall level, and for marginal workers, everything else remains unchanged. Hence, during slowdowns or post‐pandemic recovery situations, when the need of the hour for the local government is immediate employment and livelihood for low‐skill‐based marginal workers, facilitating indigenous owners is more preferred. [ABSTRACT FROM AUTHOR]

Business of fabricating solar thermal devices can play an important role in the economic growth of the country. These technologies can create more employment opportunities in rural as well as urban areas and supplement conventional energy sources in addition to reducing carbon emission. For starting a new business, economic feasibility needs to be assessed in terms of break-even analysis and economic attributes. Banks provide loans only on the basis of economic attributes of the project. Therefore, an attempt has been made to determine the various economic indicators for a unit of three novel solar thermal devices namely, animal feed solar cooker, non-tracking solar cooker and solar dryer for guiding new entrepreneurs. The different economic parameters such as break- even point, net present value, pay back period, benefit-cost ratio, annuity and internal rate of return were determined and found highly profitable while judging the economic viability of the solar devices business. On the basis of break-even-analysis, fabrication and sale of only 37 units annually is sufficient to reach a state of no profit and no loss. The net average annual benefit accrued from this business fabricating 100 units annually is INR 189 800 ($ 2 673). In addition, this business can play a vital role in providing employment to four persons. It also has a great potential to reduce CO2 emission. [ABSTRACT FROM AUTHOR]