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All Journal JBMP (Jurnal Bisnis, Manajemen dan Perbankan) Indonesian Journal of Law and Economics Review
Al-Sabaawe, Younis Mohammad
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice

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Strategic Partnership Between Universities and The Private Sector to Support Entrepreneurial Project: Kemitraan Strategis antara Universitas dan Sektor Swasta untuk Mendukung Proyek Kewirausahaan Al-Sabaawe, Younis Mohammad; Albayati, Nashwan Hamdi Hussein; Al-Obaidy, Narmeen AbdulRazzaq Saleh
Indonesian Journal of Law and Economics Review Vol. 20 No. 3 (2025): August
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/ijler.v20i3.1308

Abstract

General Background: Universities are pivotal in fostering economic development through their role in scientific research and innovation. Specific Background: In Iraq and other developing contexts, the synergy between universities and the private sector remains underdeveloped, limiting the impact of academic research on entrepreneurial advancement. Knowledge Gap: Despite growing attention to research incubators globally, there is a lack of comprehensive models tailored to integrate them effectively within Iraqi universities. Aims: This study proposes a structured model for implementing research business incubators aimed at enhancing strategic university–industry cooperation and supporting entrepreneurial ventures. Results: The findings reveal that Iraqi universities possess the foundational capacities necessary for incubator implementation, including human capital and organizational readiness, though these elements require systematic integration and strategic planning. Novelty: The proposed model introduces a three-phase framework—principles, mechanisms, and supportive requirements—grounded in process management theory, offering a scalable roadmap adaptable to local contexts. Implications: This research informs university policymakers and private stakeholders on how to establish collaborative incubator systems that drive innovation, reduce graduate unemployment, and align research outputs with societal and economic needs.Highlight: Strategic cooperation between universities and the private sector enhances innovation and community impact. Research incubators offer a structured process to transform academic research into viable entrepreneurial ventures. Three-phase model (principles, mechanisms, support) ensures effective and sustainable implementation of incubators. Keywords: Strategic Cooperation, Research Incubators, Entrepreneurial Projects, University Partnerships, Private Sector
University Industry Incubators: Igniting Global Startup Revolutions: Inkubator Industri Universitas: Memicu Revolusi Startup Global Al-Sabaawe, Younis Mohammad; Hussein Albayati, Nashwan Hamdi; Saleh Al-Obaidy, Narmeen AbdulRazzaq
JBMP (Jurnal Bisnis, Manajemen dan Perbankan) Vol. 11 No. 2 (2025): September: JBMP Vol.11 No. 2 2025
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/jbmp.v11i2.2109

Abstract

Universities are pivotal engines of economic development, serving as the apex of the research hierarchy and the primary incubators of scientific knowledge that fuels entrepreneurial ventures. Despite this potential, the current collaboration between universities and the private sector falls short of expectations, leaving both parties under‑utilized. This study investigates how strategic cooperation between these actors can be strengthened and evaluates the feasibility of establishing research‑focused business incubators within universities to support private‑sector entrepreneurial projects. Guided by a novel philosophical framework that emphasizes systematic thinking and mutual social responsibility, the research adopts a mixed‑methods approach: a comprehensive literature review identifies best‑practice models; semi‑structured interviews with university administrators, faculty, and industry partners reveal prevailing obstacles and opportunities; and a Delphi panel refines a conceptual model for a university‑based research incubator. Findings indicate that the essential prerequisites—such as dedicated funding streams, interdisciplinary research clusters, technology‑transfer offices, and supportive policy environments—are already present in many institutions, yet they are often fragmented or under‑leveraged. Based on these insights, the proposed model recommends reallocating existing resources, synchronizing partnership timelines with regional development needs, and instituting formal mechanisms for joint project governance. Implementing such incubators promises to accelerate the translation of academic research into market‑ready innovations, boost private‑sector competitiveness, and generate broader societal benefits. The study thus offers a concrete roadmap for universities to become active catalysts of entrepreneurship, reinforcing their role as engines of sustainable economic growth.
Co-Authors Al-Obaidy, Narmeen AbdulRazzaq Saleh Albayati, Nashwan Hamdi Hussein Hussein Albayati, Nashwan Hamdi Saleh Al-Obaidy, Narmeen AbdulRazzaq