Sahoo, Saumyaranjan
Assessment of Ecosystem Support for Grassroots Innovations and Technopreneurship: A Synthesis Based on Case Studies of Rural Innovators in India - 2015 - 410 - 417
An important area of research is to answer the fundamental questions of what can be done to support Grassroots innovations and entrepreneurships in India. Grassroots innovation is defined as innovative product or process created at the bottom of the pyramid, usually due to necessity, hardship and challenges. Grassroots innovators are among those individual who usually innovate only to solve their existing problems but not with the intention of commercialization. Most of the Grassroots Innovators have poor educational background, financial instability and lack entrepreneurial skills. Business incubators are proven and well known internationally as dynamic tools for fostering new ventures to support technology commercialization, technology transfer, innovation acceleration, economic development and job creation; and is a vital component of an entrepreneurial ecosystem. Technological Business incubators (TBIs) like National Innovation Council (NIC) have played the role of facilitator in giving initial support to germinating enterprises of these grassroots innovators, by providing mentoring support, technological support, financial support and even market linkages. Despite such...
Entrepreneurial Ecosystem
Technological Business Incubators
Grassroots Innovation
Rural Development
Community Innovation
Innovation
Edi Fpm Student Papers
Entrepreneurship
Eleventh Biennial Conference On Entrepre
Biennial Conference Papers
Assessment of Ecosystem Support for Grassroots Innovations and Technopreneurship: A Synthesis Based on Case Studies of Rural Innovators in India - 2015 - 410 - 417
An important area of research is to answer the fundamental questions of what can be done to support Grassroots innovations and entrepreneurships in India. Grassroots innovation is defined as innovative product or process created at the bottom of the pyramid, usually due to necessity, hardship and challenges. Grassroots innovators are among those individual who usually innovate only to solve their existing problems but not with the intention of commercialization. Most of the Grassroots Innovators have poor educational background, financial instability and lack entrepreneurial skills. Business incubators are proven and well known internationally as dynamic tools for fostering new ventures to support technology commercialization, technology transfer, innovation acceleration, economic development and job creation; and is a vital component of an entrepreneurial ecosystem. Technological Business incubators (TBIs) like National Innovation Council (NIC) have played the role of facilitator in giving initial support to germinating enterprises of these grassroots innovators, by providing mentoring support, technological support, financial support and even market linkages. Despite such...
Entrepreneurial Ecosystem
Technological Business Incubators
Grassroots Innovation
Rural Development
Community Innovation
Innovation
Edi Fpm Student Papers
Entrepreneurship
Eleventh Biennial Conference On Entrepre
Biennial Conference Papers