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Over the past decade, the Indian entrepreneurial ecosystem has witnessed a steep growth in the number of incubators within academic environments. While most of these have focused on provision of tangible and intangible resources, the understanding about processes and routines that transform these resources into capabilities, which ultimately translate into successful start-up emergence has been lacking. Based on the resource-based view and the dynamic capabilities approach and using the cases of two academic incubators in India (Indian Institute of Technology, Madras and National Chemical Laboratory, Pune), this paper analyses the pre-incubation level processes that have resulted in their enhanced opportunity recognition potential. This study adds to the literature in the area of dynamic capabilities in the context of academic incubation. The study has important implications for both incubation setups as well as policy makers.

Technology commercialization from public research universities provide impetus to startups with know-how that have a potential to succeed in the market. We examine a network-based incubator, in an agricultural research university, that supports the development of startups. Our study explores networking and technology commercialization support utilized by the incubated startups. We examine the mechanisms of network formation in a university-based incubator and distinguish the entrepreneurial and university networks formed. From the study, we develop a set of propositionsrelating outcomes at the startup level with entrepreneurial affiliation, experience, institutionalincentives considering the local contextual factors. Using these, we derive managerial and policy implications for the stakeholders looking at diffusion of university developed technologies. The study explores the black box of entrepreneurship support, and provides appropriate strategies to technology commercialization with agri-tech startups. The study has implications to universities that support entrepreneurship formally and informally.