A Reflective Study on the University Incubation Centres for Indonesia Taking the Experiences of Developed Countries
Keywords:
University Incubation Centres, Entrepreneurship, Economic Development, Indonesia, Incubator ManagementAbstract
Despite recent growth, the prevalence of entrepreneurship in Indonesia remains relatively low compared to global standards and the benchmarks set by the World Bank. Recognizing that universities and their business incubators are pivotal instruments for economic advancement and social improvement, this study aims to analyze the experiences of University Incubation Centres (UICs) in developed countries to provide a reflective framework for Indonesian institutions. The research employs a literature analysis approach, utilizing content analysis of academic articles to examine the missions, policies, operational approaches, and service items of successful incubators in the United Kingdom, Singapore, and the United States. These nations were selected based on their historical significance, the volume of incubator programs, and their status as regional innovation hubs. The results indicate that successful UICs in these developed nations function as fundamental components of the entrepreneurial ecosystem, offering critical support such as office space, specialized mentoring, financial networking, and industry partnerships. Specifically, the study highlights how these incubators effectively transition research from laboratories to the market, generate high-wage jobs, and provide a high return on public investment. Synthetically, the primary missions of these centers revolve around specialized consulting, promoting start-up engagement, and facilitating external collaborations. In conclusion, the study offers specific recommendations for enhancing Indonesian university incubators. It suggests that incubators should be integral, on-campus organizations managed by full-time professionals rather than academic staff alone. Furthermore, to avoid conflicts of interest and maximize growth, universities should facilitate access to external funding rather than directly financing tenant companies, while ensuring strong linkages with technology transfer offices to expedite commercialization.
References
Adhikusuma, A. D. (2020). The Influence of Entreprenurial Culture in Indonesia Towards Business Students’ A. INTRODUCTION Entrepreneurship has become important role in economic development within a country. 5(1), 18–34.
Al‐Mubaraki, H. M., & Busler, M. (2010). Business incubators models of the USA and UK: A SWOT analysis. World Journal of Entrepreneurship, Management and Sustainable Development, 6(4), 335-354.
Astakhova, K. V, Korobeev, A. I., Prokhorova, V. V, Kolupaev, A. A., Vorotnoy, M. V, & Kucheryavaya, E. R. (2016). The role of education in economic and social development of the country. International Review of Management and Marketing, 6(1), 53-58.
Autio, E., Kenney, M., Mustar, P., Siegel, D., & Wright, M. (2014). Entrepreneurial innovation: The importance of context. Research Policy, 43(7), 1097–1108.
Barbero, J.L., Casillas, J.C., Ramos, A. and Guitar, S. (2012). Revisiting incubation performance: how incubator typology affects results. Technological Forecasting and Social Change, 79(5), 888–902.
Budyldina, N. (2018). Entrepreneurial universities and regional contribution. International Entrepreneurship and Management Journal, 14(2), 265–277.
Dahms, S., & Kingkaew, S. (2016). University business incubators: An institutional demand side perspective on value adding features. Entrepreneurial Business and Economics Review, 4(3), 41–56.
Etzkowitz, H. (2002). Incubation of incubators: innovation as a triple helix of university-industry-government networks. Science and Public Policy, 29(2), 115–128.
Etzkowitz, H., Webster, A., Gebhardt, C., & Terra, B. R. C. (2000). The future of the university and the university of the future: evolution of ivory tower to entrepreneurial paradigm. Research Policy, 29(2), 313–330.
Grimaldi, R., & Grandi, A. (2005). Business incubators and new venture creation: an assessment of incubating models. Technovation, 25(2), 111–121.
Hermanto, B., & Suryanto, S. E. (2017). Entrepreneurship Ecosystem Policy in Indonesia. Mediterranean Journal of Social Sciences, 8(1), 110–115. https://doi.org/10.5901/mjss.2017.v8n1p110.
Iit Septyaningsih. (2020). Kemenperin: Jumlah Wirausaha Indonesia Capai 4 Persen 2030. REPUBLIKA.
Jansen, S., Van De Zande, T., Brinkkemper, S., Stam, E., & Varma, V. (2015). How education, stimulation, and incubation encourage student entrepreneurship: Observations from MIT, IIIT, and Utrecht University. The International Journal of Management Education, 13(2), 170–181.
Karatas-ozkan, M., Murphy, W. D., & Rae, D. (2005). University incubators in the UK. February, 41–51.
Mirzanti, I. R., Simatupang, T. M., & Larso, D. (2015). Mapping on entrepreneurship policy in Indonesia. Procedia-Social and Behavioral Sciences, 169, 346–353.
Permatasari, A., & Agustina, A. (2018). Entrepreneurial behaviour among undergraduate business, social and engineering students: A case study of a private Indonesian University. Jurnal Manajemen Indonesia, 18(2), 94–104.
Roura, J. . (2015). Business incubation: innovative services in an entrepreneurship ecosystem. Service Industries Journal, 35(14). 1–18.
Salem, M. I. (2014). The role of business incubators in the economic development of Saudi Arabia. International Business & Economics Research Journal (IBER), 13(4), 853–860.
Schmitz, A., Urbano, D., Dandolini, G. A., de Souza, J. A., & Guerrero, M. (2017). Innovation and entrepreneurship in the academic setting: a systematic literature review. International Entrepreneurship and Management Journal, 13(2), 369–395.
Soetanto, D., & Jack, S. (2016). The impact of university-based incubation support on the innovation strategy of academic spin-offs. Technovation, 50–51, 25–40. https://doi.org/10.1016/j.technovation.2015.11.001.
Wright, M., Siegel, D. S., & Mustar, P. (2017). An emerging ecosystem for student start-ups. The Journal of Technology Transfer, 42(4), 909–922.
Xu, L. (2009). Business incubation in China: effectiveness and perceived contributions to tenant enterprises. Management Research Review, 33(1), 90–99.
Yang, S., Kher, R., & Lyons, T. S. (2018). Where do accelerators fit in the venture creation pipeline? Different values brought by different types of accelerators. Entrepreneurship Research Journal, 8(4).
Downloads
Published
How to Cite
Issue
Section
Citation Check
License
Copyright (c) 2026 Nisa Novia Avien Christy, Kirya Mateeke Moses, Radna Andi Wibowo
This work is licensed under a Creative Commons Attribution 4.0 International License.
