Enhancing Student Entrepreneurship Through Business Incubators
Keywords:
Business incubator, Student Entrepreneurship, Higher Education, Venture Success, University SupportAbstract
Business incubators in higher education institutions serve as a platform to nurture entrepreneurial talent among students. This study aims to evaluate the impact of the University X business incubator program in enhancing entrepreneurial abilities and supporting successful venture creation among Business Administration students. A mixed-methods approach was utilized, combining quantitative surveys of 150 participants with in-depth interviews of 15 alumni entrepreneurs. The study revealed significant improvements in entrepreneurial competencies, professional networking, and business outcomes. Notably, students who joined the incubator showed a 75% business success rate post-graduation, compared to 35% among non-participants. These findings underscore the strategic role of academic incubators in shaping future job creators and advancing socio-economic development.
Downloads
References
Baghdadi, H., & Torkamani, M. (2023). University-based business incubators and student entrepreneurial intentions: A structural equation modeling approach. Journal of Entrepreneurship Education, 26(2), 1–14.
Drucker, P. F. (1985). Innovation and entrepreneurship: Practice and principles. New York: Harper & Row.
Hackett, S. M., & Dilts, D. M. (2004). A systematic review of business incubation research. The Journal of Technology Transfer, 29(1), 55–82. https://doi.org/10.1023/B:JOTT.0000011181.11952.0f
Ismail, M., Nugroho, Y., & Rahman, A. (2021). The impact of business incubators on the success of startups: Evidence from Indonesia. International Journal of Entrepreneurship, 25(3), 1–15.
Kauffman, S. (2020). The role of incubators in fostering entrepreneurship: A study of university-based programs. Journal of Small Business Management, 58(4), 678–695. https://doi.org/10.1080/00472778.2020.1727074
Lee, S. M., & Kim, Y. (2022). Impact of entrepreneurship education and university support on student start-up intentions: Evidence from Southeast Asia. Education + Training, 64(3), 291–307. https://doi.org/10.1108/ET-07-2021-0253
Nabi, G., Liñán, F., Fayolle, A., Krueger, N., & Walmsley, A. (2019). The role of entrepreneurship education in enhancing entrepreneurial intentions: A systematic review and research agenda. Journal of Business Research, 101, 1–11. https://doi.org/10.1016/j.jbusres.2019.03.010
Schumpeter, J. A. (1934). The theory of economic development. Cambridge, MA: Harvard University Press.
Braun, V., & Clarke, V. (2006). Using thematic analysis in psychology. Qualitative Research in Psychology, 3(2), 77–101.
