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Classroom to Boardroom: Impact of University Incubators on Startups
Abstract
The chapter explores the association among business incubators (BIs), startups, and universities by examining how this relationship is beneficial for students, researchers, and entrepreneurs. Business incubators act as catalysts, accelerating growth through innovation and technology adoption. They serve as anchors for local economic development, nurturing small businesses and promoting regional economic expansion. The study draws upon existing literature and empirical case studies to find how university-based incubators enhance entrepreneurial endeavors. By transitioning their mindset from employment seeker to job creator, the educational system can equip students with the necessary skills and knowledge to become a successful entrepreneur. The trend of universities establishing or partnering with business incubators tells the potential benefits of leveraging academic resources to support entrepreneurship. Amity University's incubator program exemplifies this evolution, offering a particularly supportive environment for entrepreneurs compared to traditional incubator models.
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