The Role of Incubation in India's Innovation and Development Ecosystem
Author | : Kanchan Lala |
Publisher | : Cambridge Scholars Publishing |
Total Pages | : 137 |
Release | : 2024-01-23 |
ISBN-10 | : 9781527551053 |
ISBN-13 | : 1527551059 |
Rating | : 4/5 (53 Downloads) |
Book excerpt: The basic objective of innovation, which includes the processes involved in the creation of a new product, process, or organizational form, is deeply rooted in helping human beings live a comfortable life. Technology business incubation is one such arrangement, where start-ups explore their ideas and dreams under the guided support of an incubator. The book maps the role of various actors and agencies in influencing the incubation process, and provides an overview of India’s innovation ecosystem. It also explores how the existing incubation model enhances the country’s overall development pathway. The study, besides providing an in-depth analysis of the incubation process in India, also examines the science and technology culture of the country, and how this influences its development ecosystem.