Commercialising Technical Innovation: Role of Business Incubators in Kerala

摘要

Kerala Start up Mission (KSUM) is designed to provide a springboard to budding entrepreneurs who wish to launch themselves into the world of technology based business careers. Entrepreneurs’ bright ideas to develop a product or service using advanced technology solutions can find a fertile ground in Kerala start-up Mission. Since start-up companies lack many resources, experience and networks, business incubators (BIs) provide a service which helps them get through initial hurdles in starting up a business. These hurdles include space, funding, legal, accounting, computer services and other prerequisites to running the business. The study focusses on the role of four BIs in Kerala. The significant finding is the remarkable role played by incubators in promoting entrepreneurship by commercialising technical innovations.