HOW DID BANGALORE EMERGE AS A GLOBAL HUB OF TECH START-UPs IN INDIA? ENTREPRENEURIAL ECOSYSTEM - EVOLUTION, STRUCTURE AND ROLE
Vol. Volume 22, Number 1 March/2017
M H Bala Subrahmanya
Of late, technology entrepreneurship and ecosystem for technology based start-ups are attracting the attention of policy makers and empirical researchers alike, across the world. In India, Bangalore has been getting increased global recognition as a tech start-up hub, and as of now, Bangalore is considered to be the home for the largest number of tech start-ups in the country, and third largest in the world. An important factor which would have contributed to this “status and recognition” of Bangalore is the emergence of a unique entrepreneurial ecosystem which supports and promotes tech start-ups. Given this, it is important to understand how did a favorable entrepreneurial ecosystem for tech start-ups emerge in Bangalore? What are its major components? What role do these components play in different stages of the life cycle of tech start-ups in Bangalore? How matured is the ecosystem of Bangalore to support the emergence, sustenance, and growth of tech start-ups to nurture them? What are the key lessons that can be derived out of Bangalore Tech Hub experience? This article is an attempt to throw light on these issues.
Startups, Technology, Ecosystem, Entrepreneurship, Public Policy, Liberalization, Bangalore, India