Tackling Challenges and Capturing Opportunities for University Incubators in the Entrepreneurial Ecosystem

Abstract

University incubators are essential in fostering innovation and entrepreneurship by providing startups with resources like funding, mentorship, and networking. They bridge academic research and commercial markets, driving economic growth and societal progress. However, they face challenges such as political, economic, social, technological, legal, and environmental (PESTLE) factors, alongside internal issues like resource allocation and sustainability. This study employs strategic frameworks like PESTLE, SWOT, and TOWS analyses to address these challenges through literature review and case studies of Malaysian university incubators. It emphasizes strategic planning and continuous innovation to enhance effectiveness, suggesting future research on innovative models and government policies in emerging economies.

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