Fostering an Entrepreneurial Society: The Role of University Incubators

Authors

  • Ali Raza Zaidi Lecturer, Department of Business Administration Government College University, Hyderabad. Author
  • Prof. Dr. Imamuddin Khoso Director, Institute of Business Administration (IBA), University of Sindh, Jamshoro. Author
  • Dr. Muhammad Shoaib Khan Assistant Professor, Department of Business Administration Government College University, Hyderabad. Author

Keywords:

University incubator, Entrepreneurial society, Knowledge dissemination, University-industry linkages, Innovation, Commercialization, Entrepreneurship, Triple Helix, Institutional Development, Knowledge-Driven Economy

Abstract

This research delves into the dynamic transformation of universities within societal frameworks, tracing a trajectory that transcends conventional pedagogy to encompass a spectrum ranging from research and development to innovation, and presently, the promotion of an entrepreneurial ethos. Key concepts like human capital, knowledge dissemination, and research and development have driven economies toward knowledge-based paradigms characterized by creativity, innovation, and robust infrastructure. In this entrepreneurial milieu, universities have advanced their role, actively nurturing an entrepreneurial culture through the establishment of dedicated institutes and the cultivation of leadership. At the core of this evolutionary process lie university incubators, entities not merely facilitating collaboration but also contributing substantively to revenue generation. These incubators offer indispensable support, functioning as conduits that connect universities with businesses, government entities, and the broader community. The research posits that universities can augment their impact by establishing efficient and integrated incubation systems, thus making substantial contributions to the construction of a sustainable entrepreneurial society.

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Published

2023-12-29

How to Cite

Fostering an Entrepreneurial Society: The Role of University Incubators. (2023). International Research Journal of Management and Social Sciences, 4(4), 108-121. http://irjmss.com/index.php/irjmss/article/view/173

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