Identification of Success Factors for Business Incubation in Agribusiness for Achieving Higher Productivity

By : S.C. Bose, Ravi Kiran

Page No: 64-69

Abstract
The present study identifies and assesses the key success factors for a business incubator involved in the area of agribusiness. The main objective of such BIs is to encourage entrepreneurship in the field of agribusiness so as to increase the productivity and profitability of the agriculture sector. With the help of exhaustive literature review, a model of feasible options for business incubator has been developed. The designed model is giving three feasible operation viz. Create, Maintain and Enhance. This model will help the business incubators to understand the stage they are operating and accordingly they can initiate the steps required to move over to the next stage of growth. It is expected that any business incubator can assess their current status and can formulate strategies which can help them to survive successfully.

Authors :
S.C. Bose : Assistant Professor, School of Behavioral Sciences and Business Studies, Thapar University, Patiala.
Ravi Kiran : Professor and Head, School of Behavioral Sciences and Business Studies, Thapar University, Patiala.