The network will also create a strategic bridge between stakeholders, strengthen the ecosystem and synthesise the knowledge that is in silos among different groups.
"As academic incubators play a critical role, iVEIN will help create a platform for them to share best practices and take lead in promoting activities like research that are neglected by the private ecosystem," said IIM-Bangalore professor Venkatesh Panchapagesan on the occasion.
"The initiative will give a fillip to entrepreneurship in the country by aiding policy formulation, implementing innovation and helping managerial practice," said the statement.
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