International Journal of Contemporary Research In Multidisciplinary, 2024;3(3):37-42
Incubating Success - Examining the Impact of Institutional Incubators on HEI Student’s Entrepreneurial Intention
Author Name: Mrs. T. Kamaladevi; Dr. R. Vijayalakshmi;
Abstract
Entrepreneurship is an art of identifying opportunities, acquiring resources, and effectively planning and executing ventures. Incubators serve as crucial tools for fostering entrepreneurship and developing more entrepreneurs. Entrepreneurial training aids students in recognizing opportunities, developing businesses, creating ventures, and achieving successful career growth, ultimately leading to the creation of direct and indirect jobs. This paper aims to examine the entrepreneurial intentions of students and the impact of incubation activities on these intentions. The study used a purposive sampling method. The sample size of the study is 258 students. The analysis results indicate that institutional incubation activities have a significant impact on students' entrepreneurial intentions. The mean score analysis of entrepreneurial intention shows that students exhibit a high level of intention towards entrepreneurship. Furthermore, the relationship between incubation activities—such as entrepreneurship training, assistance with business plan design and idea generation, mentoring and guidance, networking with business and angel investors, seed funding, and institutional support resources—is positively correlated with students' entrepreneurial intentions. These activities motivate students to change their perceptions of entrepreneurship and enhance their knowledge in this field.
Keywords
Entrepreneurship, Entrepreneurial Intention, Institutional Incubators, Incubation activities