Abstract:
Schumpeter said that the survival of an economy depends on innovations by its entrepreneurs eventually
contributing to global competiveness. The diffusion of technological innovations can influence the
entrepreneurial scenario and eventually the economy. However, the conversion of innovation to business
activity requires a lot of skills in addition to novelty and inventiveness. Technology business incubators
(TBI), nurture the enterprise creation and development process right from its infancy by offering a myriad of
services viz. infrastructure, mentoring, networking, etc. for their establishing, functioning and growing in
the marketspace. On an account of the realization of its significance, Technology Business Incubators (TBIs)
have been the policy tools of choice for institutional, regional and national governments across the globe. Here
in this paper we discuss some critical dimensions of Technology Business Incubation, best practices over the
globe and lessons learnt for strengthening the start-up ecosystem.
Description:
Thirteenth Biennial Conference on Entrepreneurship/ Edited by Sasi Misra, Sunil Shukla, Ganapathi Batthini
