Abstract:
University Related Research Park [URRP] is a World proven model for
promoting Hi-Tech entrepreneurship. Developed countries like USA, UK,
Germany, France etc. have greatly benefitted from it. University Related
research Parks are found to give birth to New Technology Based firms. First
mover entrepreneurs are born in these parks to give momentum to the movement
of entrepreneurship. It generates employment in scientific fields of high income
and first-class job conditions. It increases income of people and their standard
of living. It brings scholarship to universities & colleges which is the prime
requirement for making economy enterprising. It makes education more
relevant, and purposeful to build a prosperous nation. URRP is a joint effort
between industry and university. Research companies take space in the park on
rent to conduct their operations. They draw benefit from research expertise of
professors and students. Industry experts in turn deliver lectures to students in
class rooms. India desperately needs it most. The adoption of Research Park so
far in India is observed to be too slow. The paper explains how to accelerate its
adoption.
Description:
Fourteenth Biennial Conference on Entrepreneurship/ Edited by Rajeev Sharma, Sunil Shukla, Amit Kumar Dwivedi & Ganapathi Batthini
