Commercial Analysis of Incubation and Innovation Centers in Indian Universities under NEP 2020 for ‘Viksit Bharat 2047’

Volume 11, Issue 3, 2026

International Journal of Commerce and Management Studies, ISSN 2456-3684

Paper Title

Author Name and Affiliation

Dr. Moreshwar Bhikaji Shende

Associate Professor & Head, Department of Commerce, Nutan Adarsh Arts, Commerce, & Smt. M.H., Wegad Science College, Umred, Dist. Nagpur-440034, Maharashtra, India.

Email: shendembmoresh@gmail.com

Abstract

The Government of India has set an ambitious goal of transforming India into a developed nation by 2047. Accelerating economic growth requires not only expansion of conventional sectors but also a stronger innovation- and knowledge-based economy. The National Education Policy (NEP) 2020 provides an important policy framework for strengthening research, innovation, entrepreneurship, technology transfer, and university-industry collaboration. This paper examines the commercial and economic role of incubation and innovation centers in Indian universities in the context of NEP 2020 and the vision of ‘Viksit Bharat 2047’. The study uses descriptive and analytical methods based on secondary data and official publications. The analysis focuses on startup development, incubation infrastructure, employment generation, patents, technology transfer, investment mobilization, research commercialization, and university-industry collaboration. The findings indicate an expansion of India’s startup and university innovation ecosystem and suggest that university-based incubation can contribute to employment, investment attraction, knowledge commercialization, and regional economic activity. The paper also identifies challenges relating to seed funding, institutional decision-making, commercialization capabilities, industry-academia coordination, intellectual property management, and market competition. The study argues that stronger financial, managerial, and industry linkages within university incubation systems can improve their contribution to the objectives of NEP 2020 and ‘Viksit Bharat 2047’.

Keywords

Viksit Bharat, National Education Policy, Incubation Center, Commercial Analysis, Intellectual Property, Start-up India

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DOI

DOI: https://doi.org/10.67061/ijcams.2026.vol.11.issue.03.8125

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