HOW DID BANGALORE EMERGE AS A GLOBAL HUB OF TECH START-UPs IN INDIA? ENTREPRENEURIAL ECOSYSTEM — EVOLUTION, STRUCTURE AND ROLE

Abstract

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 receiving increased global recognition as a tech start-up hub; 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 that 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 a favorable entrepreneurial ecosystem for tech start-ups emerged 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 mature 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 the Bangalore tech hub experience? This article is an attempt to shed light on these issues.