Promoting Entrepreneurial Universities in India: A Case Study of IIT Madras

Entrepreneurial Universities (EUs) are gaining increasing significance across the globe, as a source of deep-tech start-ups. EUs through the generation of knowledge-based entrepreneurship, along with teaching and research, are emerging as a new source of deep-tech startups in the developed world. A...

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Main Authors: Bala Subrahmanya H, Arun Kumar G
Format: Article
Language:English
Published: Universidad Alberto Hurtado 2024-12-01
Series:Journal of Technology Management & Innovation
Subjects:
Online Access:https://www.jotmi.org/index.php/GT/article/view/4580
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author Bala Subrahmanya H
Arun Kumar G
author_facet Bala Subrahmanya H
Arun Kumar G
author_sort Bala Subrahmanya H
collection DOAJ
description Entrepreneurial Universities (EUs) are gaining increasing significance across the globe, as a source of deep-tech start-ups. EUs through the generation of knowledge-based entrepreneurship, along with teaching and research, are emerging as a new source of deep-tech startups in the developed world. Among the emerging economies, India has the potential to emerge as the leading Start-up Nation globally. If an increasing number of deep-tech start-ups has to emerge from India, it is imperative to consciously and explicitly promote EUs. However, EUs are a new phenomenon and efforts to promote EUs are at their infancy in India as of now. Though India pursues an exclusive “startup promotion policy” at the national level as well as at the regional levels since the middle of the last decade, there is no explicit emphasis on EUs yet. Against this backdrop, this article explores the evolution of IIT Madras as an EU along with its Research Park, its major entities, their interrelationship, and role they play in the generation of deep-tech start-ups. Subsequently, the article proposes an EU structure for deep-tech startups, in the context of IIT Madras. Finally, the article brings out how IIT Madras has gained Sustainable Competitive Advantage through its EU and then derives policy implications for the promotion of EUs.
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spelling doaj-art-4506d463e9ae4873b2464d9e6665475c2025-01-02T02:36:13ZengUniversidad Alberto HurtadoJournal of Technology Management & Innovation0718-27242024-12-01194Promoting Entrepreneurial Universities in India: A Case Study of IIT MadrasBala Subrahmanya H0Arun Kumar G1Indian Institute of Science BangaloreIndian Institute of Technology Madras Entrepreneurial Universities (EUs) are gaining increasing significance across the globe, as a source of deep-tech start-ups. EUs through the generation of knowledge-based entrepreneurship, along with teaching and research, are emerging as a new source of deep-tech startups in the developed world. Among the emerging economies, India has the potential to emerge as the leading Start-up Nation globally. If an increasing number of deep-tech start-ups has to emerge from India, it is imperative to consciously and explicitly promote EUs. However, EUs are a new phenomenon and efforts to promote EUs are at their infancy in India as of now. Though India pursues an exclusive “startup promotion policy” at the national level as well as at the regional levels since the middle of the last decade, there is no explicit emphasis on EUs yet. Against this backdrop, this article explores the evolution of IIT Madras as an EU along with its Research Park, its major entities, their interrelationship, and role they play in the generation of deep-tech start-ups. Subsequently, the article proposes an EU structure for deep-tech startups, in the context of IIT Madras. Finally, the article brings out how IIT Madras has gained Sustainable Competitive Advantage through its EU and then derives policy implications for the promotion of EUs. https://www.jotmi.org/index.php/GT/article/view/4580Entrepreneurial UniversityDeep-tech startupsKnowledge commercializationInnovation ecosystemResearch ParkIIT Madras
spellingShingle Bala Subrahmanya H
Arun Kumar G
Promoting Entrepreneurial Universities in India: A Case Study of IIT Madras
Journal of Technology Management & Innovation
Entrepreneurial University
Deep-tech startups
Knowledge commercialization
Innovation ecosystem
Research Park
IIT Madras
title Promoting Entrepreneurial Universities in India: A Case Study of IIT Madras
title_full Promoting Entrepreneurial Universities in India: A Case Study of IIT Madras
title_fullStr Promoting Entrepreneurial Universities in India: A Case Study of IIT Madras
title_full_unstemmed Promoting Entrepreneurial Universities in India: A Case Study of IIT Madras
title_short Promoting Entrepreneurial Universities in India: A Case Study of IIT Madras
title_sort promoting entrepreneurial universities in india a case study of iit madras
topic Entrepreneurial University
Deep-tech startups
Knowledge commercialization
Innovation ecosystem
Research Park
IIT Madras
url https://www.jotmi.org/index.php/GT/article/view/4580
work_keys_str_mv AT balasubrahmanyah promotingentrepreneurialuniversitiesinindiaacasestudyofiitmadras
AT arunkumarg promotingentrepreneurialuniversitiesinindiaacasestudyofiitmadras