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Analyzing Confidence of Youth for Incubator Direction Assessment:A Study in the State of Jammu and Kashmir


Affiliations
1 J&K Institute of Management Public Administration and Rural Development, Regional Campus, Sidhra, Jammu-180017, Jammu & Kashmir, India
2 Department of Management Studies, Indian Institute of Technology Delhi, Hauz Khas, New Delhi- 110016, India
3 School of Business, SMVD University, Kakryal, Katra-192320, Jammu & Kashmir, India
     

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Incubators are gaining popularity as entrepreneurship promotion agencies. Although the services and production sectors are equally important for Indian nation but the former continues to lure potential entrepreneurs for reasons of reduced production hassles, workers’ management, government clearances, compliance of various legislations, adherence to labor laws,, etc. In case of business incubators, the qualified youth with intention for either kinds of business ideas, viz., Product-based Business (PBB) or Idea-based Business (IBB), may require and seek the initial support and mentoring provided by them, and the incubator managers have to oblige. But, cluster theory as well as the theory of entrepreneurship capital, suggests a likelihood of non-equal business preferences in societies. Using the State of Jammu and Kashmir in India as a case, this paper attempts a comparative confidence analysis of the PBB or IBB intentions of first-generation entrepreneurs. The findings of significant differences are reported and the likely reasons and suggestions are discussed.

Keywords

Business Incubators, Direction Identification, Idea-based Business (IBB), Jammu and Kashmir, Product-based Business (PBB).
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  • Analyzing Confidence of Youth for Incubator Direction Assessment:A Study in the State of Jammu and Kashmir

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Authors

Vivek Sharma
J&K Institute of Management Public Administration and Rural Development, Regional Campus, Sidhra, Jammu-180017, Jammu & Kashmir, India
Sudhir K. Jain
Department of Management Studies, Indian Institute of Technology Delhi, Hauz Khas, New Delhi- 110016, India
Supran K. Sharma
School of Business, SMVD University, Kakryal, Katra-192320, Jammu & Kashmir, India

Abstract


Incubators are gaining popularity as entrepreneurship promotion agencies. Although the services and production sectors are equally important for Indian nation but the former continues to lure potential entrepreneurs for reasons of reduced production hassles, workers’ management, government clearances, compliance of various legislations, adherence to labor laws,, etc. In case of business incubators, the qualified youth with intention for either kinds of business ideas, viz., Product-based Business (PBB) or Idea-based Business (IBB), may require and seek the initial support and mentoring provided by them, and the incubator managers have to oblige. But, cluster theory as well as the theory of entrepreneurship capital, suggests a likelihood of non-equal business preferences in societies. Using the State of Jammu and Kashmir in India as a case, this paper attempts a comparative confidence analysis of the PBB or IBB intentions of first-generation entrepreneurs. The findings of significant differences are reported and the likely reasons and suggestions are discussed.

Keywords


Business Incubators, Direction Identification, Idea-based Business (IBB), Jammu and Kashmir, Product-based Business (PBB).

References