A Global Perspective
Edited by Sarfraz A. Mian, Magnus Klofsten and Wadid Lamine
Chapter 3: The movement from incubator to incubation in the entrepreneurial university: past, present and future
Chapter 3 turns our attention to a broader educational role of incubation. According to the author, a transition is underway from the incubator, as a distinct organizational and physical entity to support the early stages of firm formation from academia, to incubation as a distributed function, ranging across and integrating the university’s education, research and out-reach missions. The shift from “narrow” to “broad” incubation, from Incubator facility to incubation function. The author asserts that within the academe this includes translational research and entrepreneurship training prior to firm formation and participation in mentoring to financing and other growth phases of the entrepreneurial project through a variety of innovative formats. This according to him is a part of legitimating entrepreneurship as the third academic revolution.
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