SUCCESS FACTORS FOR UNIVERSITY INCUBATORS - A BENCHMARKING MODEL FOR BETTER PERFORMANCE

Abstract

Changing economic circumstances and technological advances are having an
impact on the economic and social role of universities. Nowadays, university
students, teachers and researchers are coming up with more and more
innovative ideas, but they are unable to put their results into practice because
of their lack of entrepreneurial skills. University incubators are specialised
business incubators that create a link between university, business, and
government, generating a significant impact on the local economy. In our
research, we have highlighted the aspects that may be most relevant to the
operation of 48 incubators in the world and analysed their performance. The
comparative analysis allowed the creation of a standard model and the
presentation of its success factors.
KEYWORDS: university incubators, triple helix, competitiveness