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A STUDY ON INDIAN HIGHER EDUCATIONAL INSTITUTE BASED BUSINESS INCUBATORS

RANA BASU

School of Engineering Entrepreneurship, Indian Institute of Technology, Kharagpur, India

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DHRUBES BISWAS

School of Engineering Entrepreneurship, Indian Institute of Technology, Kharagpur, India

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https://doi.org/10.1142/S021849581350009XCited by:1 (Source: Crossref)

Abstract

The purpose of this paper is to identify and explore the various range of business incubation services being provided to the nascent entrepreneurs which is based on comprehensive compilation and subsequent analysis of literature followed by case based approach in context to Indian higher educational institute (HEI) based business incubation centres. The objective behind this research is to critically assess the assistance services and to prioritize the service dimensions provided by the business incubation centres. Data has been collected from various business incubation centres to capture the experience of the incubated clients and other stakeholders who are directly and indirectly attached to the business incubation centres. The novelty of this paper is that there is no available literature that has followed a similar approach in measuring most influential business incubation service parameters taking different HEI based Indian incubation centres. Statistical analysis has been deployed for investigation of service dimensions and prioritized it accordingly as well as a model has been proposed with the identified service dimension that influences the creation of the new ventures. The findings suggests that HEI based business incubation centres are providing services to emerging economies by leveraging talent and thus creating value. The findings have both entrepreneurial and managerial implications for decision makers in universities, industry and government. The management of incubators, entrepreneurs as well as researchers can take input from this study in order to accomplish effective service management for scalable ventures.

Keywords:

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