Abstract:
Technology and skill are believed to be the two important factors of national economies which pave way
towards their evolutionary terminus. Technology Business Incubators (TBIs) are attractive to successful
ventures because of their higher capacity for creating employment and wealth specifically in the developing
economy. Since new initiatives through technologies are encouraged in R&D Institutions/Academic
Institutions that ensures the use of skill and facilities. These initiatives are called by the name Technology
Business Incubators (TBIs). The background undertaken for the study is based on the technology development
process involved in developing economies and its success towards the country.
