The role of university business incubators in the development of technological entrepreneurship among students
How to cite
Abstract
The article examines the role of university business incubators in stimulating technological entrepreneurship among students. Based on a critical analysis of the relevant literature, the key factors of the effectiveness of business incubators have been identified and the author's terminology has been developed. A survey of 450 students and graduates of 15 leading technical universities in Russia with experience in participating in business incubator programs was conducted. Regression analysis revealed that mentoring support (β=0.38; p<0.01) and access to investors (β=0.29) have the greatest impact on entrepreneurial activity.; p<0.01) and business skills training (β=0.25; p<0.05). A significant meditative effect of entrepreneurial self-efficacy was revealed (Z=3.87; p<0.001). The results confirm the key role of business incubators in the development of student technology entrepreneurship and open up prospects for improving their programs, taking into account psychological factors. The directions of further research are outlined
Keywords
References
Aernoudt R. Incubators: tool for entrepreneurship? // Small business economics. 2004. № 23(2). рр. 127-135.
Bergek A., Norrman C. Incubator best practice: A framework // Technovation. 2008. № 28(1-2). рр. 20-28.
Etzkowitz H. The triple helix: university-industry-government innovation in action. L., NY.: Routledge, 2008. 180 р.
Graham R. Creating university-based entrepreneurial ecosystems: evidence from emerging world leaders. Massachusetts: Massachusetts Institute of Technology Skoltech, 2014. 154 p.
Guerrero M., Urbano D., Gajоn E. Higher education entrepreneurial ecosystems: exploring the role of business incubators in an emerging economy // International review of entrepreneurship. 2017. № 15(2). рр. 175-202.
Hackett S.M., Dilts D.M. A systematic review of business incubation research // The journal of technology transfer. 2004. № 29(1). рр. 55-82.
Mian S., Lamine W., Fayolle A. Technology business incubation: an overview of the state of knowledge // Technovation. 2016. № 50. рр. 1-12.
Nabi G., Linan F., Fayolle A., Krueger N., Walmsley A. The impact of entrepreneurship education in higher education: a systematic review and research agenda // Academy of management learning and education. 2017. № 16(2). рр. 277-299.
Pauwels C., Clarysse B., Wright M., Van Hove J. Understanding a new generation incubation model: The accelerator // Technovation. 2016. № 50. рр. 13-24.
Phan P.H., Siegel D.S., Wright M. Science parks and incubators: observations, synthesis and future research // Journal of business venturing. 2005. № 20(2). рр. 165-182.
Rothaermel F.T., Agung S.D., Jiang L. University entrepreneurship: a taxonomy of the literature // Industrial and corporate change. 2007. № 16(4). рр. 691-791.
Soetanto D., Jack S. The impact of university-based incubation support on the innovation strategy of academic spin-offs // Technovation, 2016. № 50. рр. 25-40.
Theodoraki C., Messeghem K., Rice M.P. A social capital approach to the development of sustainable entrepreneurial ecosystems: an explorative study // Small business economics. 2018. № 51(1). рр. 153-170.
Van Weele M., Van Rijnsoever F.J., Nauta F. You can't always get what you want: How entrepreneur's perceived resource needs affect the incubator's assertiveness // Technovation. 2017. № 59. рр. 18-33.
Wright M., Siegel D.S., Mustar P. (2017). An emerging ecosystem for student start-ups The // Journal of technology transfer. 2017. № 42(4). рр. 909-922.
Downloads
Published
Issue
Section
Metrics
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.