http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/175 Sat, 04 Apr 2026 08:26:33 GMT 2026-04-04T08:26:33Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/230 The Journey through Idea, Innovation and Enterprise: Role of Technology Business Incubators – a Practitioner’s Perspective Acharya, Manisha Ideas germinate Innovation and Innovation has potential to create Enterprises. Innovation is the key to Societal progress and indeed, progress of mankind. The world over, Business Incubators have played the role of a catalyst, a facilitator and an enabler of Enterprises based on Innovation by providing the initial “Life support system” to a germinating Enterprise. Such system provides the necessary nursery for nurturing Entrepreneurial talent. Typically, the Business Incubators provide a “Green house” for caring the growth of Enterprises by providing the necessary physical infrastructure, technology back up, funding support,mentoring support and sometimes even market linkages. The Technology Business Incubators [TBI] encourages nurturing of budding technology ideators and convert them into Technology based solution providers through the provision of the various facilities. The conceptual framework of such institutions is novel and the relevance of such centres to developing Economies is immense. The challenges vis-à-vis opportunities associated with the process of incubation are loaded in favor of the later and as such it is beneficial to set up such centers at “Institutions of Excellence”. The role of TBIs in Indian context has been analyzed with a cross country reference and also new frontiers in the Business Incubation space. It has been inferred that such a mechanism would go a long way in improving the quality of life and the local economy by commercializing potent ideas and innovations and making wealth out of knowledge. Wed, 20 Feb 2013 00:00:00 GMT http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/230 2013-02-20T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/229 Reverse Innovation: Chances and Challenges Loeckenhoff, Helmut K Emergence confronts India with multifarious challenges. The societal base is constituted e.g. by the rising middle class; potent to buy medium-tech artifacts if affordably priced. The market may stimulate e.g. both Indian producers as importers to develop an adapted medium technology. High-tech, capital intensive production, still remains a domain of capital rich countries. Background determinants are given by infrastructure, societal web, constitution and efficiency of government. The paper focuses on Innovation affecting product/market design. It focuses on ‘Reverse Innovation’ (C. Trimble; V. Govindarajan): its impacts and chances on economy, society and entrepreneurship; transferring challenges into market shares. Reverse innovation implies all aspects. Global companies develop locally adapted low-priced products for emerging countries; high tech medical apparatuses or household appliances or food. The yet unreliable infrastructure and differing cultural values need be considered. Products ought be innovated locally with indigenous researchers. As for example, low cost handies (revolutionizing communication) and low-cost cars. Novel technologies ought be created within and for emerging countries first. Different demands and conditions lead to new concepts, low cost structures and improved entire performance cycles. Concepts may be transferred to developed markets. To be innovative – creating novelties, not mere adaptations – challenges both emerging countries as industrialized economies for mutual benefit. Reverse Innovation constitutes but one of the paradigmatic factors in emerging countries. It is the pivot connecting salient aspects of the complex issues emerging countries must face. Wed, 20 Feb 2013 00:00:00 GMT http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/229 2013-02-20T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/228 Open Innovation Benefiting Micro, Small and Medium Enterprises - A Case of the Leather Cluster in Kolkata Pal, Sanjay; Singh, Bikram; Banerjea, Sudipti It is often argued that, in the beginning of the 20th century, firms relied heavily on closed innovation (Chesbrough, 2003) in order to improve their quality and productivity and discern business niche. The profit generated out of business operations was primarily used to support research and development in a virtuous circle of innovation. However, by the end of the 20th century, increased mobility of knowledge workers, rapid diffusion of information and growing availability of venture capital have caused the process of closed innovation in firms to start breaking up. Today, open innovation is increasingly becoming a paradigm that connects research from various areas of management science. Practitioners and experts have started believing that open innovation has a much broader domain of application than originally thought of. The objective of this paper is to look into the scope and use of open innovation, which has remained unexplored till date, in the leather cluster in Kolkata. Kolkata and Santiniketan are considered synonymous with the leather industry in West Bengal and this paper is based on primary data collected through structured interviews of the entrepreneurscum- exporters engaged in manufacturing leather goods and other utility items in Kolkata. The findings suggest that open innovation is happening in a limited way and the MSMEs, which are facilitating open innovation, knowingly or unknowingly, are able to derive benefits there from. However, there is a need to document these processes and disseminate the learning in order to ensure that the benefits reach a larger group of MSMEs and they put concerted efforts to accelerate the process of open innovation. Wed, 20 Feb 2013 00:00:00 GMT http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/228 2013-02-20T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/227 Obstacles to Innovation in an Emerging Economy: A Case Study of Nigeria Sulaiman, Saidu Nasiru Innovation can be seen as a crucial factor in achieving economic growth and development and panacea for various problems in emerging economies. But emerging economies are faced with certain obstacles to achieve innovation capability over time. This study was conducted to investigate the obstacles of innovation in Nigeria as an emerging economy. Nigeria is blessed with an abundance of natural and human resources: Natural resources such as oil and gas deposits, various solid minerals, gold, verse agricultural land etc.; Human resources, Nigeria have the highest population in Africa with the largest labor force in Africa, and is operating freemarket economy. Therefore, despite all these advantages Nigeria possesses, it’s still not innovative economy. This brought about the main research question as why the Nigerian economy not innovative in nature? The study finds answers to this question such as underdeveloped domestic systems of education and science, weakness in indigenous technological capabilities, consumer purchasing power and consumer demand for innovative products, structural imbalance of the economy and poor public sector management. Eventually the researcher came-up with a conclusion and some implications on how government of Nigeria has to overcome those obstacles overtime to achieve innovation capability. Wed, 20 Feb 2013 00:00:00 GMT http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/227 2013-02-20T00:00:00Z