A study on the Performance of technology business Incubators with reference to Members of infodev network

Abstract

Entrepreneurship is the dynamic process of creating incremental newlineWealth This wealth is created by individuals who assume the major risks in newlineterms of equity time and or career commitment of providing value for some newlineproduct or service Entrepreneurship is critical for the economic development newlineof a country by creating jobs developing new products and processes through newlineinnovation identifying new markets and increasing the productivity through newlinenew competition The entrepreneurs involved in establishing the knowledge newlinebased ventures come across various constraints and problems in terms of newlineinfrastructure financial support manpower mentoring credibility newlinenetworking and other business related challenges newlineTo minimise the risks faced and to maximise the success of the newlineindividuals who are involved in enterprise creation the concept of Business newlineIncubator has evolved in the last 40 years The business incubator plays a vital newlinerole as a common platform which brings together the four major dimensions newline individual organization environment and process newline newline