There are a few extra steps are required to configure jspm and install jspm packages.
First install jspm locally.
npm install jspm --save-dev
To load bower packages the bower endpoint must be installed.
npm install jspm-bower-endpoint --save-dev
Reference: https://github.com/2fd/jspm-bower-endpoint>
jspm registry create bower jspm-bower-endpoint
Reference: http://stackoverflow.com/questions/34774702/how-to-make-jspm-install-bower-dependencies