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What is Business Incubation Centre

Chapter 2
Strategies for the Creation and Maintenance of Entrepreneurial Universities
Is primarily concerned with developing entrepreneurial culture within a defined ecosystem. It is designed to advise potential start-up companies, help them establish and accelerate their growth and success through a comprehensive business assistance programme. A BIC is typically a publically funded building in which a there is a process that supports entrepreneurs and start-up companies by providing access to services, training, mentoring, funding and networks.
Published in Chapter:
The Entrepreneurial University and Business Incubation
Simon Stephens (Letterkenny Institute of Technology, Ireland), Emily O'Flynn (Letterkenny Institute of Technology, Ireland), Karen Alexander (Letterkenny Institute of Technology, Ireland), Anne Burke (Letterkenny Institute of Technology, Ireland), and Isobel Cunningham (Letterkenny Institute of Technology, Ireland)
Copyright: © 2022 |Pages: 20
DOI: 10.4018/978-1-7998-7456-0.ch002
Abstract
The primary aim of this chapter is to review the literature on entrepreneurial ecosystems, focusing on the activities of two key institutions: higher education institutions and business incubation centres (BICs). This chapter explores how best to manage the connection between business incubation centres and higher education institutions. It examines the activities of business incubation centres (BICs) as they relate to entrepreneurial universities and provides an overview of the key challenges associated with developing entrepreneurial universities. Findings are presented in the form of a conceptual framework that facilitates an improved understanding of the benefits of connecting the capabilities, activities, and outcomes associated with higher education and business incubation. The chapter offers a lens by which to consider the design of BICs as they relate to entrepreneurial universities and offers pathways to consider future research.
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