Exploring the Services of the Incubation Centres on the Performance of Start-Ups in Kerala

Abstract

Incubation centres have a significant role in
promoting innovation, entrepreneurship development and
thereby economic growth in a country. They are the main
catalysts to attain the per capita income of an industrialized
nation. This study analyses the effectiveness of the services of
incubation centres on the performance of Start-ups in Kerala.
The variables for measuring the service effectiveness were
identified from the literature. A structured questionnaire was
used to collect primary data from 313 Start-ups. A
proportionate sampling method was adopted in the study.
Correlation and multiple regression analysis were used to
analyse the data. The result derived from correlation indicate
that all the variables of the service effectiveness of Incubation
Centre’s such as Incubation Services, Mentorship Programmes,
Business Counselling and Advice, Legal Services, Marketing
Support, Co-working Space or desk Cabin Space, Funding
Support or Services and Internet based services have significant
association with the Performance of Start - ups and regression
analysis reveals that there is a positive effect of the variables of
Service Effectiveness of Incubation Centres on the Performance
of Start-ups. This study is important to policymakers and
governments, as it guides the foundation for building structured
policies and programmes that generate employment
opportunities, growth in the economy, and innovation.