What is it about?
The challenges and opportunities of economic liberalisation and global market have shaken the economies of developing countries like India. The profound political and economic changes that have taken place over the last decade, pose serious challenges for government, private business and international developing communities. But in both, the developed as well as developing countries, many new ventures fail and off the few which survive and grow, there are numerous problems.
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Why is it important?
'Technical business incubation (TBI)' is emerging as one of the most innovative instruments to support small enterprise creation and development all over the world. This paper discusses the relevance of TBIs and further draws the growth profile of incubators in India through Six Sigma's well structured DMAIC approach.
Perspectives
A challenge then, is to transform the traditional ways of supporting small enterprises and the related programs of international assistance, in order to make them more cost effective for today's competitive environment.
Dr Bikram Jit Singh
MMDU Mullana
Read the Original
This page is a summary of: Synthesising TBI-relevance in India through Six Sigma approach, International Journal of Entrepreneurship and Innovation Management, January 2015, Inderscience Publishers,
DOI: 10.1504/ijeim.2015.069931.
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