Role of Triple Helix in Emerging Regional Innovation System of Bangalore

Abstract: Triple helix concept is old and well applicable in developed nations but in developing countries it is not so old and hardly applicable. It consisted on three basic elements of regional innovation system which includes government, universities and industry. Rather then taking regional innovation system as a whole now a day more emphasis is on these three key elements because of their great importance in the system. It is about how these three elements interact with each other and make a successful system. This study is mainly concern about the contribution and a generative role of universities in Bangalore regional innovation system. This study is also concern about how government, industry and universities interact and strengthen RIS of Bangalore. This study is also concern about how universities and science and technology parks strengthen IT industry of Bangalore and what are the weaknesses in Bangalore system. It is conclude that universities in Bangalore are actively playing a generative role by generating, exploiting and diffusing knowledge along with providing highly developed trained human resources and basic research in the shape of technological and scientific knowledge, human skills and human capital. It is also concluded that where in past Bangalore government, industry and universities were playing their role by restricting themselves in their institutional boundaries and working as isolated entities, now they are cooperating with each other by coming out from their traditional tasks and doing mutual efforts. Number of STP’s increased in the country and they played key role in the development of IT industry of Bangalore.