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Academic Entrepreneurship in Emerging Economy Context

Academic Entrepreneurship in Emerging Economy Context
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Author(s): Bhaskar Bhowmick (Indian Institute of Technology Kharagpur, India)and Susmita Ghosh (Indian Institute of Technology Kharagpur, India)
Copyright: 2017
Pages: 21
Source title: Entrepreneurship: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-1923-2.ch091

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Abstract

Entrepreneurship fosters economic development of a country. This appears more crucial and absolute necessity in emerging country context. The efforts have been laid for entrepreneurship development with the collaboration of academic institutions and industries. These collaborations try to transform academic based research into commercialized products to develop a knowledge based society. Government has also initiated numerous projects to support this effort. This chapter presents an overview of the whole scenario along with its challenges, prospects and future development in emerging country context. The theme has been elaborated with a case study on IIT Kharagpur, India.

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