Innovation-Driven Enterprises: Incubators, Accelerators and R&D Parks

Innovation-Driven Enterprises (IDEs) differ from traditional SMEs by focusing on global markets based on intellectual property (IP) and deep technology. The ecosystem relies on a trinity of support: Incubators (Early-stage handholding), Accelerators (Growth & scaling), and Research Parks (Industry-Academia symbiosis) to translate laboratory research into commercial products.

The R&D Catalysts & Change Agents

  • DeepTech Startups: Ventures in AI, Biotech, and Quantum computing requiring long gestation support.
  • Academic Researchers: Faculty and students converting patents into commercial ventures (Spin-offs).
  • Corporate R&D: Large firms setting up Global Capability Centres (GCCs) within Research Parks to access talent.
  • Student Innovators: Beneficiaries of campus-based pre-incubation cells.

Policy Framework ....

Do You Want to Read More?
Subscribe Now

To get access to detailed content

Already a Member? Login here


Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.

Related Content