Stimulating Technology-Based Start-Ups: Entrepreneurship Initiatives by University

Abstract

This paper aims to explore to what extent university’s role in providing supportive infrastructure contributes to venture creation. Specifically, best practices in stimulating technology-based start-ups have not been widely discussed in the context of developing country. Although the previous study has explored this from a management perspective, this paper provides further insights on how academic entrepreneurship or entrepreneurial activity in a university can be increased through various initiatives. Considering Universiti Teknologi Malaysia (UTM) as a case study, findings identify that collaborative business incubation and entrepreneurship education for academic entrepreneurs as evidence of practices that stimulates commercialization of university-invented technologies as well as develops academic entrepreneurs amongst research scientists.