Journal of Sustainable Business and Management
Vol. 4 No. 1 (2024): Journal of Sustainable Business and Management

Insights and Challenges Business Incubation at Indonesian Universities

Widaharthana, I Putu Esa (Unknown)
Adyatma, Prastha (Unknown)



Article Info

Publish Date
16 Apr 2024

Abstract

Business incubators at universities have become a crucial component in fostering entrepreneurship and supporting startup development, especially in emerging economies like Indonesia. These incubators offer a supportive environment that helps entrepreneurs transform their ideas into successful businesses through mentorship, networking, and access to resources. However, despite their growing importance, business incubators in Indonesian universities face several challenges, including limited funding, regulatory hurdles, and a lack of experienced mentors. This literature review synthesizes existing research on university-based business incubators in Indonesia, exploring their role in the entrepreneurial ecosystem, the services they provide, and the obstacles they encounter. The review also highlights the contributions of these incubators to local economies and job creation, while addressing the gaps in research, such as the need for long-term impact assessments, sector-specific incubation models, and a deeper understanding of the regulatory environment. By identifying these challenges and opportunities, this review offers valuable insights for improving the effectiveness of university-based incubators in Indonesia, ultimately enhancing the country’s entrepreneurship landscape and contributing to sustainable economic growth.

Copyrights © 2024






Journal Info

Abbrev

justbest

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Sustainable Business and Management (JUSTBEST), 2776-6934 (Electronic ISSN) is a scientific journal that publishes original articles based on the latest knowledge, research, and applied research as well as the latest scientific developments in economic, business, management and open to ...