Resources or Capabilities: A Study of Startup Emergence within Applied Research Universities in India

Abstract

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.

Patents and sustainable innovation in Indian Startups

“…Joshi discusses the startup emergence within applied universities in India. 17 Of particular importance is the Indian Institute of Technology, Madras and National Chemical Laboratory, Pune. The paper analyses the preincubation level processes that have resulted in enhanced opportunity recognition potential.…”