A Role of the University Incubators centres with special reference to Developing Societal Entrepreneurship: A Theoretical Approach

Abstract

Objective of this conceptual paper to analyse the link between corporate incubators and university to identifies how the various stake holder like researchers, students and entrepreneurs share their ideas, innovations and other business-oriented skills into a common platform for the developing the new business ventures. In general words most of the traditional universities share their innovative knowledge for the benefits of the social and economic development Research Approach (Methodology): The present research carried based on the descriptive research design approach to define the basic elements of the data by using the descriptive research approach. This research is based on the examining the various model and their applicability with respects to the corporate incubators and university. The present research is focuses on the two variable as corporate incubators and different university. The main concern about the present research, how it would be beneficial to the society and university. Significant: -Many of the corporate incubators around the country are supported by famous universities. Most of the enterprises to link up with universities and higher education institutions to get the revenues and returns in terms of academic nature. Largely, academic incubators became a type of incubator evolution and more supportive for young entrepreneurs than other types of incubators. This research is also important for the young researchers and academicians for developing new and innovative ideas.