Entrepreneurial Incubator Research Articles

Multi-factor Synergy and Optimization Strategies for the Business Model of Private Higher Education Institutions’ Innovation and Entrepreneurship Incubators

Globalization and advancements in science and technology foster innovation and entrepreneurship. Although national strategies provide substantial support, innovation, and entrepreneurship incubators in private colleges and universities face challenges such as insufficient funding and a lack of talent. This study enhances the theoretical framework of innovation and entrepreneurship education and broadens the application of business model theory. It examines the current state of innovation and entrepreneurship incubators in private universities, using the Maker Dream Workshop at Guangzhou University of Science and Technology as a case study. Key aspects such as value proposition, resource allocation, and profit models are analyzed. Additionally, challenges in multi-factor collaboration, including internal synergy barriers and external coordination difficulties, are identified. Optimization strategies are proposed, such as establishing an information-sharing platform, optimizing resource allocation mechanisms, improving benefit distribution systems, developing a long-term mechanism for industry-university-research cooperation, strengthening communication with the government, and encouraging participation from investment institutions. Furthermore, the study outlines the strategic measures required to ensure the sustainable development of innovation and entrepreneurship incubators in private colleges and universities.

Are students ready for digital business? Antecedents of entrepreneurial intentions among Indonesian students using a serial mediation

Although digital entrepreneurship is becoming increasingly important, the field is still in its early research stages. There is much that needs to be explored regarding the factors that motivate individuals to pursue this domain. This research provides a deeper grasp of the factors that influence entrepreneurial intentions and digital business creation including attitudes towards digital entrepreneurship, self-efficacy, digital entrepreneurship education, and entrepreneurial incubation. This study used a quantitative research design with a survey conducted on university students in Indonesia. A total of 331 participants were employed in this study, and data were processed utilizing Structural Equation Modeling (CB-SEM). The findings confirm that entrepreneurship education, entrepreneurial self-efficacy, and entrepreneurial attitudes can be predictors of entrepreneurial intention among university students in Indonesia. Furthermore, entrepreneurial self-efficacy and entrepreneurial intention were serially mediated in linking digital entrepreneurship education and digital business creation. Indeed, entrepreneurial attitudes and entrepreneurial intention also play the same role in serially mediating these variables.

Impact of entrepreneurial incubators on youth employment in South African local government

Background: Unemployment has been the central socioeconomic issue in South Africa since the democracy in 1994. As a result, the nation’s unemployed youth continue to be at risk in the job market. In the quest for alternatives, youth entrepreneurship has been acknowledged as a crucial strategy for empowering youth through innovation and technology.Aim: This study sought to analyse the impact of innovative entrepreneurial incubators (IEIs) in fostering youth employment within Raymond Mhlaba Local Municipality.Setting: This study was conducted within the Raymond Mhlaba Local Municipality to analyse the effectiveness of IEIs in supporting young entrepreneurs, thus increasing employment opportunities for the youth in South Africa.Methods: A sample of 20 semi-structured open-ended interviews was conducted, and thematic coding was used for data analysis.Results: The study found that there are several challenges pertaining to the effective implementation of IEIs to foster youth employment in South African municipalities. This is attributed to a lack of funding and educational programmes.Conclusion: The main recommendation is that all municipalities must establish IEIs and devise strategies to ensure that these are implemented effectively.Contribution: This study contributes to improved municipal governance through providing innovative mechanisms that foster effective and efficient implementation of IEIs in South African local government. This contribution aims to ensure that municipalities discharge their constitutional mandate to improve citizens’ standard of living through IEIs, especially in areas with high youth unemployment.

Tác động của hệ sinh thái khởi nghiệp đến quyết định khởi nghiệp của người học - Nghiên cứu tại các trường đại học tư thục Thành phố Hồ Chí Minh

The burgeoning entrepreneurial ecosystem in Vietnam has experienced notable advancements in quantity and quality within business incubation and acceleration facilities. Vietnam is positioned at 46 out of 132 in terms of its innovative and inventive entrepreneurial ecosystem. Notwithstanding, even though endeavors are underway to establish policies supporting ecosystems or entrepreneurial incubation within academic institutions to foster entrepreneurial ventures, data indicates that merely 2-3% of students express an interest in entrepreneurship. This figure pales in comparison to global and regional counterparts. Consequently, this manuscript aims to identify the prevailing factors within the Vietnamese entrepreneurial ecosystem to enhance and allocate more resources towards nurturing the entrepreneurial drive among young individuals, particularly students enrolled in private universities located in Ho Chi Minh City. A theoretical framework will be developed encompassing crucial hypotheses.

Challenges and Opportunities in Implementing K-12 Technical Vocational Tracks: A Comprehensive Review

The integration of Technical Vocational Tracks (TVET) within the Philippine K-12 education reform represents a transformative shift. This article conducts an in-depth review of the challenges and opportunities of embedding TVET within the Philippine education system. Using a comprehensive research approach, including literature analysis, surveys, interviews, and document scrutiny, this study explores the complexities of K-12 TVET. Key stakeholders, including educators, students, policymakers, and industry leaders, contribute diverse perspectives. Challenges encompass curriculum-industry alignment, resource allocation, teacher training, and addressing societal perceptions of vocational education. Regional disparities in access further exacerbate these issues. Conversely, opportunities arise in enhanced employability, industry engagement, entrepreneurship incubation, and diversified educational pathways. TVET can bridge skill gaps and drive economic development. This review offers a holistic perspective on coexisting challenges and opportunities in K-12 TVET, contributing to the ongoing discourse on Philippine education reform. The insights inform evidence-based policies, guide curriculum development, and shape the future of TVET within Philippine education, fostering inclusivity and national progress.

The lagged effect of university-based entrepreneurship education on employees' retention at entrepreneurial startups

This study explores the lagged effect of university-based entrepreneurship education on employees' retention at entrepreneurial startups in China. Combining insights from social learning theory and the attraction-selection-attrition framework, it is argued that university-based entrepreneurship education can shape individuals' protean career attitudes and behaviors over time in their following career development. To test the hypotheses, we took a two-stage survey on-site and online, respectively, of a sample of employees working in startups in three entrepreneurial incubators in China. Taking hierarchical multiple regression and bootstrapping analyses, the empirical results of the final 274 sample show that entrepreneurship education can significantly improve an employee’s intention to remain at a startup and that this is mediated by protean career attitudes. Meanwhile, socialization tactics can strengthen the mediating effects of protean career attitudes. These findings further verify the lagging effect of entrepreneurship education in colleges and universities, which can provide useful inspiration for entrepreneurship education and the management of employees at startups.

Public Libraries as Incubators for Social Inclusion and Entrepreneurship for Achieving Sustainable Development Goals (SDGs) : A Progressive Transformation

This research aims to explore the role of public libraries as incubators of social inclusion and entrepreneurship in supporting the achievement of the Sustainable Development Goals (SDGs). This study employed a qualitative approach with a case study method, focusing on public libraries in Karanganyar Regency, Central Java, Indonesia, that have implemented social inclusion and entrepreneurship programs. The data were collected through in-depth interviews with librarians, program participants, and relevant stakeholders, as well as direct observation and program document analysis. The data analysis followed the framework proposed by Miles and Huberman, which involves a systematic approach to qualitative data analysis, including data reduction, data display, and conclusion drawing/verification. The results showed that libraries functioning as entrepreneurship incubators can effectively provide platforms for business training, technology access, and network development. These programs enhanced individual's skills and knowledge and drived local economic growth by creating new businesses and increasing employment opportunities. Additionally, library social inclusion initiatives boost community participation and engagement, strengthen social cohesion, and reduce inequality. The research concludes that public libraries in Karanganyar Regency have significant potential as agents of social change by integrating social inclusion and entrepreneurship programs. To optimize this role, adequate policy support, enhanced librarian competencies, and collaboration with various stakeholders are necessary. Thus, libraries can significantly contribute to achieving the SDGs, particularly in quality education, decent work and economic growth, reduced inequalities, and partnerships for the goals.

From Theory to Practice: Examining the True Impact of Institutional Quality on Innovation Commercialization

Does better corruption controls as institutional quality measure affect commercialization of innovation? Institutional quality from corruption control perspective is very important to be considered for making strong strategic policies favorable for innovation commercialization. Using panel data consists of 15-year time span (2001-2015) covering 143 countries, initial regression estimates with robust check along with fixed effects presents that better corruption controls are positively effective in promoting innovation commercialization in the country which is further verified by using GMM estimates. Our preferred specifications imply that corruption effects on innovation commercialization is worse in Middle East and North American (MENA) regions which is around negative 65% especially in upper middle income and Catholic countries. Apart from the exports of high-tech products, other demand and supply side contributors of innovation commercialization are also important to account for. While improving the research and development aspects, the policy makers must also have to plan strategically for improving these channels which may help in improving the institutional quality in the country including investment in improving the grass root literacy levels, flexible facilities for entrepreneurial incubators, and optimal utilization of population growth with urbanization measures in the country.

Student-Based Entrepreneurship Incubation Program for Student Startup Digital Business Development in Efforts to Optimize Sustainable Student Business

The student digital startup business development incubation program is one of the initiatives implemented to support the development of innovative and sustainable student businesses. This program aims to help students realize their competitive and sustainable business potential. Analysis of the entrepreneurial situation at the University of North Sumatra is currently in the process of development, marked by a large number of new young entrepreneurs from various entrepreneurial programs both internal to the university and outside the university, such as the Young Entrepreneurs program (PMW), Student Creativity Program (PKM), it known that in 2022 there will be 12 PKM funding for the entrepreneurship scheme, apart from that there were also three program winning entrepreneurs (P2MW). The problem is that there are limitations in opening up networking opportunities and market access for students just starting a business. There is a need for education from campuses and assistance regarding good business financial management, and there is still a need to improve sustainable entrepreneurship programs for students. There is a lack of qualified mentors or other resources and support. So, every startup from campus that has just started a business immediately loses enthusiasm and motivation because there is no continuous assistance. The method used to resolve this problem is assistance to improve student startup skills in providing competent human resources, financial assistance, and financial management literacy for student startups, providing facilities in the form of booths and business facilities, training and guidance to improve business management skills, and marketing. This program's online and offline results are characterized by opening up valuable opportunities for students to develop digital business ideas and promote sustainable business principles, allowing student businesses to contribute to sustainable growth.

Green Entrepreneurship Incubation Model for Students at Trilogy University Business Incubator: A Literature Review

Green entrepreneurship, which emphasizes sustainable economic methods, has grown rapidly in recent decades. Green startups are supported by several incubation programs worldwide. Their frameworks, resources, and mentorship tactics have changed to meet new requirements. This study explores these paradigms in Trilogi University’s academic and cultural milieu. Second, this research analyzes global green entrepreneurship incubation models’ frameworks, resources, and mentorship methods. Second, to evaluate these models’ suitability for Trilogi University. A systematic literature study was conducted using academic databases. The evolution of green entrepreneurship incubation approaches was highlighted in 1990–2023 articles. A rigorous two-stage review and theme analysis were used to organize retrieved data into trends and difficulties, notably at universities. The study examines incubation frameworks, resource diversification, and mentorship strategy development. Various worldwide models are investigated, focusing on Trilogi University. The study highlights the benefits of integrating these approaches in academic contexts, such as multidisciplinary collaboration and access to huge resources. This study connects global incubation models to university environments, preparing future researchers. Global best practises can help academic institutions, like Trilogi University, optimise their incubation methods. The report recommends addressing scalability and funding dynamics to help green businesses grow in academia.

Research on the Cultivation of Innovation and Entrepreneurship Ability of College Students under the Background of Big Data

Abstract This paper firstly coordinates the relationship between the internal elements of university innovation and entrepreneurship incubation systems through positive and negative feedback regulation so that the system reaches equilibrium or rises to a higher level of equilibrium. Secondly, based on the whole process of innovation and entrepreneurship, the diffusion model of the university innovation and entrepreneurship system is constructed, setting university students’ innovation and entrepreneurship ability as the expected benefit and cognitive bias as the cost and exploring the benefit curve of innovation and entrepreneurship ability and cognitive bias. Finally, we initialize the parameters of the simulation system for incubating innovation and entrepreneurship among college students and simulate the constructed scale-free network model using Matlab simulation. The results show that in the simulation Corporation1, when tick=5, the maximum value of the Y coordinate appears to be 27.5, which responds to the growing process of college students’ innovation and entrepreneurship incubation objects. The simulation of college students’ innovation and entrepreneurship proposed in this paper complements the short board of college students’ inability to practice innovation and entrepreneurship and provides a practical reference for the cultivation of innovation and entrepreneurship talent ability in college education.

Retracted: An Empirical Analysis on the Scientific Operation Mode of Entrepreneurial Incubators in Higher Vocational Colleges

Retracted: An Empirical Analysis on the Scientific Operation Mode of Entrepreneurial Incubators in Higher Vocational Colleges

An Entrepreneurship Incubation Process Model and Gamified Educational Software Designed for Sustainable Education

To tackle the challenges of the sustainable development of entrepreneurship education in China and bridge the gaps between academic research and practices for Goal 4 of the SDGs, this design science research aims to create an educational artifact for the incubation of entrepreneurship from students’ tacit knowledge and evaluate whether it performs well. First, the incubation process of the educational artifact is summarized, including the functions and tools of its supporting software. An Extended Triple Diamond model with design principles in the knowledge creation process is proposed in this research. Then, the educational artifact is evaluated based on the data from in-depth interviews conducted with 15 university teacher and student users. Through the evaluation, functions of the supporting software and some organizational arrangements of the activity are iterated. This design science research of the educational artifact contributes empirically to the body of design knowledge. In terms of practice, the educational artifact with extremely low entry barriers is expected to alleviate the inherent contradictions between personalization (the inherent characteristics of innovation and entrepreneurship) and large-scale development (to be carried out in a sustainable manner), thus contributing to the Sustainable Development Goal of inclusive and equitable quality education.

Self-efficacy and entrepreneurial performance of start-ups

AbstractSelf-efficacy reflects the self-belief that one can persistently perform difficult and novel tasks while coping with adversity. As such beliefs reflect how individuals behave, think, and act, they are key for successful entrepreneurial activities. While existing literature mainly analyzes the influence of the task-related construct of entrepreneurial self-efficacy, we take a different perspective and investigate, based on a representative sample of 1,405 German business founders, how the personality characteristic of generalized self-efficacy influences start-up performance as measured by a broad set of business outcomes up to 19 months after business creation. Outcomes include start-up survival and entrepreneurial income, as well as growth-oriented outcomes such as job creation and innovation. We find statistically significant and economically important positive effects of high scores of self-efficacy on start-up survival and entrepreneurial income, which become even stronger when focusing on the growth-oriented outcome of innovation. Furthermore, we observe that generalized self-efficacy is similarly distributed between female and male business founders, with effects being partly stronger for female entrepreneurs. Our findings are important for policy instruments that are meant to support firm growth by facilitating the design of more target-oriented offers for training, coaching, and entrepreneurial incubators.

Evaluation of The Performance of Incubation Business Services in Morocco

The purpose of this article is to make an empirical assessment of the services offered by the incubation structures in Morocco. To do this, we will focus on the identification of the incubation actors and the services offered by these structures. Within this framework, two studies are envisaged: the first one aims at exploring entrepreneurial incubation as it is conceived and seen by its practitioners, and a confirmatory method that will focus on the perception of this practice on the part of "incubated or clients of incubators". The results are complementary and indicate a gap between the image of incubation and its reality. This has helped us to formulate recommendations to bring our judgment on this practice.

Improving Entrepreneurial Competence Through Talent

The research aims to determine the differences in the entrepreneurial mentality of talented or untalented students in conducting entrepreneurial incubation activities. The research uses a sample of students who have entrepreneurial talent and students who do not have entrepreneurial talent as participants in entrepreneurial incubation. Participants obtain guidance, mentoring, strengthening potential and facilitation in accordance with their respective talents. Talent mapping and mentoring are conducted through incubation treatment of students as an experimental group who have talent and students as a control group who do not have entrepreneurial talent. Both groups are equally treated with entrepreneurial mentoring. Data collection through interviews, questionnaires, documentation, literature studies, observations and research analysis with quasi-experimental trials of experimental groups (KE) and control groups (KK) with pretest-posttest control group design. The final result of the data through the trend of business development carried out by entrepreneurial participants. The development of the entrepreneurial mentality of students who have talent is higher than entrepreneurs who do not have entrepreneurial talent, based on valid model testing, goodness of fit is able to improve the entrepreneurial mentality of talent-based students.

Influence of Networking on Starts-Up Development in Incubation Hubs

This study on the role of networking in entrepreneurial incubation hubs was aimed at validating the influence of networking on start-up development in Harare, Zimbabwe. The research targeted start-up founders that had gone through the process of incubation in Harare. The study used a qualitative research method. A case study approach was then adopted in which the participants were purposively selected. An interviewing guide was used to gather data. The study involved three focus groups with a total of twenty-one start-up founders. The research established that start-ups tend to develop better through the infusion of ideas and experiences either through peer-to-peer or peer-to-coach or vice versa. Networking in incubation hubs aided learning as incubates had the chance to learn among themselves. The interaction created lifelong learning exposure which proved to be effective in creating personal development. In conclusion, it was found that networking forms a fundamental basis for start-up business success as it provides the bedrock for collaborations and the sharing of ideas that aids in the development of startups.

Difficulties of Connotation Upgrading of Innovation and Entrepreneurship Incubation Platform in a Higher Vocation College

Upgrading platforms for innovation and entrepreneurial incubation poses several challenges, especially in improving connotations. In this context, this study aimed to determine the difficulties of connotation upgrading in innovation and entrepreneurship incubation platforms in a higher vocation college in Henan Province, China, during the School Year 2023-2024. Data needed for this study were collected from a sample of 253 teacher-respondents using a self-made survey questionnaire that has passed the rigorous tests of validity and reliability. Data gathered showed a high level of difficulties among teacher-respondents in connotation upgrading of innovation and entrepreneurship incubation platforms in higher vocational colleges. The ensuing analysis likewise showed no significant difference in the difficulties of connotation upgrading innovation and entrepreneurship incubation platforms in higher vocational colleges when teacher respondents were grouped according to demographics. The results of the study call for higher education institutions to foster innovation and entrepreneurship by putting those recommendations into practice in the conclusion section and giving students the tools and resources they need to thrive in the cutthroat world of contemporary business.

The linkage between economic literacy and students’ intention of starting business: The mediating role of entrepreneurial alertness

PURPOSE: Enhancing the number of entrepreneurs is a major study to combat economic and social problems. Psychological factors considered as effective stimulants for entrepreneurial behavior have attracted many researchers in the last decade. The purpose of this research attempts to examine how the influence of economic literacy can promote the intention of starting a new business among students and explore the role of entrepreneurial alertness in mediating this relationship. METHODOLOGY: The research adopted a quantitative approach in which hypotheses were statistically estimated using partial least square structural equation modeling (PLS-SEM) based on survey data using a self-administered questionnaire (n=450) from several universities in Indonesia. FINDINGS: The analysis indicates that economic literacy has a significant effect on students’ entrepreneurial alertness and intention to start a new business. Indeed, entrepreneurial alertness can mediate the relationship between economic literacy and the intention of starting a new business. However, among entrepreneurial alertness dimensions, scanning and search failed in determining the students’ intention of starting a new business. IMPLICATIONS: The result of this research can provide insight into the literature on the entrepreneurship theme and policymakers concerned with delivering new business creation. Besides, educational institutions can consider the matter of economic literacy to be part of their curricula in order to foster the students’ intention of starting a business. In addition, economic literacy also needs to be associated with examples relevant to entrepreneurial activities, especially in production, distribution, and online marketing. ORIGINALITY AND VALUE: The interesting findings of this paper serve as a reminder that entrepreneurial alertness is one of the predictor variables and mediators for raising the students’ intention. This implies that entrepreneurial alertness can be enhanced by economic literacy, as well as how they need to be used to improve course curriculum and the teaching pedagogy. Furthermore, educational institutions could provide business internship programs and entrepreneurship incubators to raise the students’ intention of starting business.

Understanding Incubated Startups’ Continuance Intention towards Entrepreneurial Incubation Platforms: Empirical Evidence from China

In recent years, despite the rapid growth in the number of entrepreneurial incubation platforms in China, many of them are experiencing the sustainability dilemma caused by the loss of incubated startups. However, there is a dearth of research that explores how to promote incubated startups’ continuance intention towards entrepreneurial incubation platforms. Addressing this gap, the present study develops a dedication–constraint model based on the dual model framework, investigating the distinct impacts of entrepreneurial support and relationship-specific investment on incubated startups’ continuance intention towards entrepreneurial incubation platforms. A sample of 534 incubated startups in China was employed to test the research model, and the structural equation modelling was adopted for data analysis. Empirical results indicate that the dedication-based mechanism and constraint-based mechanism simultaneously, yet differently, affect incubated startups’ continuance intention towards entrepreneurial incubation platforms. Specifically, in the dedication-based mechanism, social support and technical support are revealed as the antecedents to relationship satisfaction that significantly leads to benefit-based dependence. As for the constraint-based mechanism, setup activity is the only salient indicator to termination costs, which consequently has a positive effect on cost-based dependence. Incubated startups’ continuance intention towards entrepreneurial incubation platforms is influenced by both benefit-based dependence and cost-based dependence, ultimately.