Title: Synthesising TBI-relevance in India through Six Sigma approach

Authors: Sahib Sartaj Singh; Bikram Jit Singh; Dinesh Khanduja

Addresses: University College of Engineering, Punjabi University, Patiala (Punjab), India ' Mechanical Engineering Department, Maharishi Markandeshwar University, Sadopur, Ambala, India ' Mechanical Engineering Department, National Institute of Technology, Kurukshetra, Haryana, India

Abstract: The challenges and opportunities of economic liberalisation and global market have shaken the economies of developing countries like India. The profound political and economic changes that have taken place over the last decade, pose serious challenges for government, private business and international developing communities. But in both, the developed as well as developing countries, many new ventures fail and off the few which survive and grow, there are numerous problems. A challenge then, is to transform the traditional ways of supporting small enterprises and the related programs of international assistance, in order to make them more cost effective for today's competitive environment. 'Technical business incubation (TBI)' is emerging as one of the most innovative instruments to support small enterprise creation and development all over the world. This paper discusses the relevance of TBIs and further draws the growth profile of incubators in India through Six Sigma's well structured DMAIC approach.

Keywords: business incubators; six sigma; entrepreneurship development cells; DMAIC; small and medium-sized enterprises; SMEs; business development support; relevance; analysis of variance; ANOVA; thrust areas; TBI; technical business incubation; India; new venture creation.

DOI: 10.1504/IJEIM.2015.069931

International Journal of Entrepreneurship and Innovation Management, 2015 Vol.19 No.3/4, pp.256 - 283

Received: 20 Mar 2013
Accepted: 14 Jul 2014
Published online: 16 Jun 2015 *

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