Keywords: entrepreneurship, knowledge transfer, embeddedness, knowledge management, semiconductor industry, microelectronics industry, software industry, India
Creating an entrepreneurship milieu for electronics and information technology industries
This paper attempts to provide a theory for creating an entrepreneurship milieu that nurtures the formation of new organisations in electronics and information technology industries. It is based on sociological and knowledge management theories. The success stories of global leadership in the microelectronics industry in Silicon Valley, USA and the semiconductor industry in Hsinchu Industrial Park, Taiwan provide the empirical testing ground for the theory. Based on this theory, the action plan for nurturing an entrepreneurship milieu in the software industry in Bangalore, India are policies to foster inter-organisation relationships, human resources development, infrastructure development and a champion who can provide a visionary leadership.