Technology Business Incubation

Technology Entrepreneurship and Business Incubation analyzes business incubators worldwide through a series of empirical and theoretical papers. The authors examine the extent to which business incubators are influential in situations such as nurturing young technology firms, increasing success of new firms, and in developing an ecosystem around these successes. Also examined is the relationship between business incubators and their resource providers, including venture capitalist firms and government agencies. Edited by Phillip Phan (Johns Hopkins Carey Business School), Sarfraz Mian (State University of New York at Oswego), and Wadid Lamine (Toulouse Business School), all leading figures in the field, this book provides both a theoretical framework to conceptualise ideas and a practical guide to influence best practices and innovation in business incubators.

This pioneering work explores both the theory and practice of business and technology incubation over the past six decades as an approach to new venture creation and development. With a global scope, the Handbook examines key concepts, models, and mechanisms, providing a research-based analytical foundation from which to understand the emerging role of modern incubation tools in building entrepreneurship ecosystems for promoting targeted economic development.

Many businesses around the world use technology as a means to set-up, run and improve their commercial performance but not all countries have sufficient access to technology. In fact the ’digital divide' between rich and poor countries is one of the major international challenges facing our society. Technology Business Incubation describes a concept whereby technological support and services are offered to start-up companies in the fields of engineering, science and technology to help them further their own research and develop viable businesses. Aimed at developed and developing countries this concept could provide a solution in bridging the knowledge gap. Written by Rustam Lalkaka, a well-known expert in the field, the toolkit provides invaluable information for carrying out feasibility studies; preparing business plans; choosing a location; finding sponsors; selecting managers and tenants; and monitoring a technology business incubator. Annexes contain checklists and report pro formas to help prepare relevant documents based on local needs

Why do Technology Business Incubators (TBIs) emerge rapidly as an instrument of start-up promotion in emerging economies like India? In what forms? What role do they play in start-up promotion? What are their major achievements? These questions have been answered empirically in this book. Accordingly, this book explores the nature, structure and process of incubation resulting in start-up generation and in the process, R&D contribution emerging from TBIs comprising accelerators, incubators and co-working spaces in three of the leading start-up hubs, namely, Bangalore, Chennai and Hyderabad, in India. It describes typology, objectives, sponsors, and facilities provided by these TBIs. It further explores the process of selection, incubation and graduation of start-ups as it exists in these TBIs. Thereafter, it makes an assessment of R&D contributions that have emerged from the TBIs in the form of R&D inputs comprising personnel and capital expenditure, and R&D output in the form of new products/services developed, patent applications filed and revenue generated. Policy makers, researchers, engineering and management students, technology and business mentors, angels, venture capitalists, and MNC executives will find this book informative, revealing and a source of valuable insights on the new, emerging India.

Over the past several years, digital technologies have reestablished the ways in which corporations operate. On one hand, technology has allowed companies to build a stronger knowledge of its customer base, contributing to better consumer engagement strategies. On the other hand, these technologies have also integrated into the management and daily operations of companies, resulting in increased performance and organizational improvement. Remaining up to date with the implementation of these cutting-edge technologies is key to a company’s continued success. Digital Innovations for Customer Engagement, Management, and Organizational Improvement is an essential reference source that discusses and strategizes the latest technologies and innovations and their integration, implementation, and use in businesses, as well as lifelong learning strategies in a digital environment. Featuring research on topics such as consumer engagement, e-commerce, and learning management systems, this book is ideally designed for managers, business executives, marketers, consumer analysts, IT consultants, industry professionals, academicians, researchers, and students.

Advances in technological innovations, automation, and the latest developments in artificial intelligence (AI) have revolutionized the nature of work and created a demand for a new set of skills to navigate the Fourth Industrial Revolution (Industry 4.0). Therefore, it is necessary to equip displaced workers with a new set of skills that are essential for conversion into technical or other functional areas of business. Human Capital Formation for the Fourth Industrial Revolution is an essential research publication that recognizes the need to revitalize human capital formation for graduate employability in Industry 4.0 and discusses new skills and competencies needed to cope with the challenges present within this industrial revolution. The book seeks to provide a basis for curriculum design in line with the advances in technological innovations, automation, and artificial intelligence to enhance current and future employment. Featuring an array of topics such as curriculum design, emotional intelligence, and healthcare, this book is ideal for human resource managers, development specialists, training officers, teachers, universities, practitioners, academicians, researchers, managers, policymakers, and students.