Title: The emergence of new markets, distributed entrepreneurship and the university: fostering development in India

Authors: Gita Surie

Addresses: School of Business, Adelphi University, One South Avenue, Garden City, NY 11530, USA

Abstract: University-industry partnerships facilitate socio-economic development by incubating innovations and diffusing entrepreneurial capabilities to create new markets in rural areas. Complexity theory based approaches are used to develop a process model of emergence based on a case study of a leading Indian technical institution involved in creating new technologies and markets. The process model outlines three key mechanisms by which university-industry linkages can address the dual challenge of achieving global competitiveness and promoting rural development: system reconfiguration; technological recombination; entrepreneurship dissemination. The emergence of new markets is contingent on the development and deployment of innovative, low-cost technologies that foster distributed entrepreneurship.

Keywords: distributed entrepreneurship; new market emergence; technological innovation; university-industry partnerships; complexity theory; entrepreneurial capabilities; rural development; India; industrial collaboration; university-industry cooperation; global competitiveness; universities.

DOI: 10.1504/IJTE.2011.043679

International Journal of Technoentrepreneurship, 2011 Vol.2 No.3/4, pp.362 - 381

Accepted: 04 Dec 2010
Published online: 14 Nov 2011 *

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