ENVISIONING UNIVERSITIES’ ECONOMIC ROLE AS ENTREPRENEURSHIP INCUBATORS

Dr. Zakaria Ahmed Atyat Department of Business Administration Al-Balqa Applied University - Atyat.za@bau.edu.jo

Abstract

: This study examined the potential economic role of Jordanian universities as entrepreneurship incubators by identifying their future role as incubators for entrepreneurial businesses. The entrepreneurial business success level is demonstrated by the performance of universities in creating new job opportunities, reducing unemployment, improving the level of income and living, and in contributing to empowering the owners of these businesses and integrating them into the process of economic and social support and development, to ultimately alleviate poverty. The results showed that entrepreneurship incubators in Jordanian universities play a major pioneering role by supporting innovative business ideas based on applied scientific studies and research papers submitted by students, faculty members, and the local community. Additionally, the outputs of entrepreneurship incubators can facilitate the discovery of new and competitive entrepreneurial projects that can continue, grow and prosper in the markets at the local and international levels. Accordingly, appropriate recommendations have been made to identify the economic role of universities as incubators for entrepreneurial businesses, for instance, as provider to the necessary training and support that help entrepreneurs realize their creative ideas in scientifically establishing well-studied projects.

Keywords:

: Entrepreneurship, the economic role, universities, business incubators


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References


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