Role of Technology Business Incubators to Nurture Entrepreneurship: A Study on Pakistani UniversitiesSammer Mumtaz1, Farheen Shafi1* and Fareeha Zafar2
- *Corresponding Author:
- Farheen Shafi
National College of Business Administration and Economics
DHA, Lahore, Pakistan
Tel: +92 423575271619
E-mail: [email protected]
Received Date: March 20, 2017; Accepted Date: April 04, 2017; Published Date: April 11, 2017
Citation: Mumtaz S, Shafi F, Zafar F (2017) Role of Technology Business Incubators to Nurture Entrepreneurship: A Study on Pakistani Universities. J Account Mark 6: 226. doi:10.4172/2168-9601.1000226
Copyright: © 2017 Mumtaz S, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
The purpose of this study is to explore how technology business incubation centers established in different universities of Pakistan playing their role to cultivate the entrepreneurial culture and providing support to startups. These incubation centers are also facilitating those who have some new innovative ideas to get them converted in successful business by providing professional support, business advices and exposure to entrepreneurial networks. One of the objectives of these incubators is to promote the entrepreneurial culture among students from the start of their study programs to change their mindset from job seeker to job provider. Based on observation this study identifies that technology business incubation centres provide the wide scope of resources and facilities to assist the startups ranging from prototype development to learning how to commercialize technological ideas, bridging the gap between academia and industry to providing the platform to industry as well in resolving their issues by providing the effective solutions. Tenants firms provided with opportunity to learn from multipurpose experiences of big industry icons by arranging informative workshops and seminars.