Driving Innovation and Economic Development: The Role of Business Incubators in Agri-Tech Start-Up Ecosystems
"The research delved into the crucial role of Business Incubators (BIs) in fostering the success of start-ups, focusing specifically on the burgeoning Agri-tech sector. Through a blend of primary data collected from Agri-tech start-ups with the help of a well-structured questionnaire and second...
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Veröffentlicht in: | Economic affairs (Calcutta) 2024-06, Vol.69 (2), p.831-841 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | "The research delved into the crucial role of Business Incubators (BIs) in fostering the success of start-ups, focusing specifically on the burgeoning Agri-tech sector. Through a blend of primary data collected from Agri-tech start-ups with the help of a well-structured questionnaire and secondary data sourced from governmental departments, a comprehensive analysis was conducted to assess the impact of incubation services on start-up success. The findings underscored the significant growth in job creation within India’s start-up ecosystem, particularly attributed to initiatives like Startup India. The data highlighted the substantial contribution of start-ups to employment generation and economic advancement. Additionally, the upward trend in venture capital investment in the agritech sector emphasized the industry’s potential for growth and innovation. The study revealed a significant correlation between incubation services and start-up success. Services such as access to funding, mentorship, and legal support emerged as critical factors in driving start-up success." |
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ISSN: | 0424-2513 0976-4666 |
DOI: | 10.46852/0424-2513.3.2024.7 |