Technology Business Incubators in China and India Tang, Mingfeng; Baskaran, Angathevar; Pancholi, Jatin; Muchie, Mammo

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1 Aalborg Universitet Technology Business Incubators in China and India Tang, Mingfeng; Baskaran, Angathevar; Pancholi, Jatin; Muchie, Mammo Published in: African Journal of Science, Technology, Innovation and Development Publication date: 2011 Document Version Publisher's PDF, also known as Version of record Link to publication from Aalborg University Citation for published version (APA): Tang, M., Baskaran, A., Pancholi, J., & Muchie, M. (2011). Technology Business Incubators in China and India: A Comparative Case Study. African Journal of Science, Technology, Innovation and Development, 3(2), General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights.? Users may download and print one copy of any publication from the public portal for the purpose of private study or research.? You may not further distribute the material or use it for any profit-making activity or commercial gain? You may freely distribute the URL identifying the publication in the public portal? Take down policy If you believe that this document breaches copyright please contact us at vbn@aub.aau.dk providing details, and we will remove access to the work immediately and investigate your claim. Downloaded from vbn.aau.dk on: marts 13, 2018

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11 NSI 1. Well developed 2. Learning/transitional 3. Nacent/ weak SET 1 Concptual framing SET2 Institutions, technologies and knowledge SET 3 Incentives, investment and infrastructure SET4 Implementation/ learning outcomes and changes General investment climate & economic policy framework National Science, Technology & Innovation Policy Market Environment Industrial structure Financial institutions 6 Major Components of NSI Element Set 2 & 3 Skills, R&D and Technology development

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26 TBI in China Services Provided to the Incubatee/ Tenant Companies Pre-Incubation Period Incubation Period - Access and select Business Plans of new ventures - Provide Basic Service: Office provision, Meeting hall, Reception, utilities and Building maintenance. - Provide Value-added Service: Funding,Consulting, Pooling resources, Coaching and training, and Networking Post-Incubation Period - Provide Track Service: Visit graduated firms regularly, interviews with firms, set up linkages between graduated firms and new ventures, and continue to provide needed service

27 TBI in India Services Provided to the Incubatee/ Tenant Companies Pre-Incubation Period Incubation Period - Identification of potential entrepreneurs/tenants through business meet, referrals, and business plan competition. - Provided pre-incubation support such as one-to-one counseling, facilitating development of business plan and network support. - Provide Basic Service: Infrastructure support - work space, seminar hall, reception, communications, laboratory and testing equipment facility, security for physical and intellectual property - Provide Value-added Service: Mentoring support, Facilitation of funding, Networking, i.e. access to profession services such as legal, accounting, market & IP, and Specilist service such as Seed funds and Patenting. Post-Incubation Period - Facilitate Networking: Creates links between graduated firms and new start-up firms

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