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Bangalore Innovation System

In: Successful Innovation Systems

Author

Listed:
  • Leena Pishe Thomas

    (Global Business Inroads)

  • Sana Salah

    (Global Business Inroads)

  • Ludovit Garzik

    (Austrian Council for Research and Technology Development, Innovationorbit)

Abstract

Technology entrepreneurship and startups ecosystems are drawing the attention of policymakers and empirical researchers across the world. In India, Bangalore has been receiving increased global recognition and has turned into an irresistible magnet for tech startups because of its favorable climate, technically skilled talent pool, established private and public research institutions, and proactive government policies. As of now, Bangalore is home to the largest number of tech startups India and third most in the world. A significant feature behind Bangalore’s status and recognition is the development of a unique entrepreneurial ecosystem that supports and endorses startups. Given this, it is important to understand how a favorable entrepreneurial ecosystem for startups emerged in Bangalore and what its major components are. How mature Bangalore’s ecosystem and how ready is it to nurture the emergence, sustenance, and growth of new startups? This chapter is an attempt to shed light on these facets and attributes of Bangalore.

Suggested Citation

  • Leena Pishe Thomas & Sana Salah & Ludovit Garzik, 2022. "Bangalore Innovation System," Future of Business and Finance, in: Ludovit Garzik (ed.), Successful Innovation Systems, edition 1, chapter 6, pages 75-99, Springer.
    • Handle: RePEc:spr:fuobcp:978-3-030-80639-2_6
    DOI: 10.1007/978-3-030-80639-2_6
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