University business incubators as a tool for accelerating entrepreneurship: theoretical perspective

Abstract

Purpose This paper aims to analyze the link between universities and business incubators (BIs) and to determine how students, scientific researchers and entrepreneurs can benefit from this linkage. It creates an environment in which everyone can help the other to put their new ideas, special skills and abilities into new businesses. In other words, the traditional universities’ role has changed and entrepreneurial universities are now needed to redirect new knowledge for economic development through BIs. Design/methodology/approach This paper adopts an analytical descriptive methodology approach to describe the basic features of the data by using the descriptive research design. This research is based on examining a model provided by the author concerning boosting the entrepreneurial aspects and outcomes through university business incubators (UBIs) based on wide theoretical and empirical case studies. Also, the functional structural approach is used to investigate the relationship between two variables as UBIs are considered a new unit that has functions and structures to create an added value to universities and the society as a whole. Findings The educational system should create a favorable environment that enables young people to develop their mindset from employees to employers, and to prepare them to improve skills and knowledge to create jobs. UBI is the recent aspect of the BI evolution where the research outcomes are linked with the industry and development. This relationship between these entities will provide success to its stakeholders. Social implications Many incubators around the world are supported by universities. Others are making initiatives to link up with universities and higher education institutions to get the revenues and returns from its academic nature. Lately, university incubators became a type of incubator evolution and more supportive for entrepreneurs than other types of incubators. Originality/value The contribution of this study is to explain how UBIs succeeded to tie the results of scientific research with economy and development through entrepreneurial activities to accelerate and realize entrepreneurship strategies.

Entrepreneurial education and individual entrepreneurial orientation: an experts’ perspective. An empirical Delphi study

“…The variable that featured most strongly was that universities should provide incubation units to motivate students in pursuing an entrepreneurial career after their studies. Hassan [47] has found that universities should ensure an effective incubation system, as this has been seen to successfully enhance and promote entrepreneurship for students. Finally, the experts were asked to identify factors that they felt should be included in an entrepreneurial module or curriculum.…”

The Impact of COVID-19 in Sub-Saharan Africa Food Security and Human Development

“…It is the responsibility of academic institutions and other capacity-building organisations to develop the type and number of graduates that are able to tackle not only today's challenges. In this singular pandemic actuality, we are also seeing the initiation of a pronounced rearrangement of the social and economic order for the path to the next normal following the coronavirus outbreak [39].…”

Model Ekosistem Inovasi Universitas (Studi Kasus Di Bandung Techno Park)

“…Kemudian, sangatlah penting bagi Universitas Telkom untuk membekali fakultas dan mahasiswa dengan pola pikir kewirausahaan untuk memahami bisnis dengan menghubungkan bakat dan kebutuhan industri. Korelasi antara industri dengan penelitian dari akademisi dapat menghasilkan pengetahuan dan menciptakan bisnis baru (Hassan, 2020).…”