UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 6
June-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1908852


Registration ID:
226359

Page Number

339-342

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Title

Role of Business Incubators on Startups Success: Indian Perspective

Authors

Abstract

Business incubation is a unique and highly flexible combination of business development processes, infrastructure and people designed to nurture new and small businesses by helping them to survive and grow through the difficult and vulnerable early stages of development. Incubators provide numerous benefits to owners of startup businesses. Their office and manufacturing space is offered at below-market rates, and their staff supplies advice and much-needed expertise in developing business and marketing plans as well as helping to fund fledgling businesses. Companies typically spend an average of two years in a business incubator, during which time they often share telephone, secretarial office, and production equipment expenses with other startup companies, in an effort to reduce everyone's overhead and operational costs. A startup company is an entrepreneurial venture which is typically a newly emerged, fast-growing business that aims to meet a marketplace need by developing or offering an innovative product, process or service. Incubation provides mixed support for the entrepreneur from the startup companies and the start up create jobs inside the incubators. Post incubation relates to the successful graduated companies which each startup companies has been reached the maturity phase then they will leave the incubator and standing free in the local market. In the extension phase, the graduated companies will expand in the market with positive impact on the economic development because the outcomes from the incubators included the three factors; entrepreneurship, graduated companies, and job created overall factors lead to economic development and will diversify the economic growth. The present paper describes the impact of business incubators on the startup success of developing countries. This paper tries to study about the top twenty startup incubators in India which lead to entrepreneurial success.

Key Words

Business incubators, economic development, entrepreneur, innovation, Small business.

Cite This Article

"Role of Business Incubators on Startups Success: Indian Perspective", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.339-342, June 2019, Available :http://www.jetir.org/papers/JETIR1908852.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Role of Business Incubators on Startups Success: Indian Perspective", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp339-342, June 2019, Available at : http://www.jetir.org/papers/JETIR1908852.pdf

Publication Details

Published Paper ID: JETIR1908852
Registration ID: 226359
Published In: Volume 6 | Issue 6 | Year June-2019
DOI (Digital Object Identifier):
Page No: 339-342
Country: Hyderabad, Telangana, India .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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