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The innovation incubator, university business incubator and technology transfer strategy: The case of Thailand

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  • Wonglimpiyarat, Jarunee

Abstract

This study reviews the role of the innovation incubator and university business incubator (UBI) in supporting the entrepreneurial development in Thailand. The university business incubator (UBI) is defined in this paper as an incubator set up by the university to provide office space, equipment, mentoring services as well as other administrative supports to assist the formation of new ventures). In particular, the paper compares the operation of the university business incubators (UBIs) and technology incubators to understand their technology transfer strategies. The analyses, based on the Triple Helix model, also include the government policies to support innovation commercialization in Thailand. The study examines case studies of leading university business incubators (UBIs) (Mahidol University, Chulalongkorn University and King Mongkut's University of Technology Thonburi) and science and technology incubators of the National Science and Technology Agency (NSTDA) and the National Innovation Agency (NIA). The results have shown that the incubation program is one of the major policy mechanisms to support innovation and suggested that UBIs should act as an intermediary between the spheres of university and industry to provide interactive linkages and promote effective utilization of university research. The empirical study provides insightful implications on the move towards the entrepreneurial university and the dynamics of the Triple Helix system in stimulating innovation development and diffusion.

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  • Wonglimpiyarat, Jarunee, 2016. "The innovation incubator, university business incubator and technology transfer strategy: The case of Thailand," Technology in Society, Elsevier, vol. 46(C), pages 18-27.
    • Handle: RePEc:eee:teinso:v:46:y:2016:i:c:p:18-27
    DOI: 10.1016/j.techsoc.2016.04.002
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    3. Muhammad Binsawad & Osama Sohaib & Igor Hawryszkiewycz, 2019. "Factors Impacting Technology Business Incubator Performance," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(01), pages 1-30, January.
    4. de Faria, Aline Mariane & Oliveira Junior, Moacir de Miranda & Borini, Felipe Mendes, 2019. "Pubic funding for innovation: The importance of individual resources of the entrepreneur and the relational resources of the firm," Technology in Society, Elsevier, vol. 59(C).
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    13. Mike Burbridge & Gregory M. Morrison, 2021. "A Systematic Literature Review of Partnership Development at the University–Industry–Government Nexus," Sustainability, MDPI, vol. 13(24), pages 1-24, December.
    14. Wakkee, Ingrid & van der Sijde, Peter & Vaupell, Christiaan & Ghuman, Karminder, 2019. "The university's role in sustainable development: Activating entrepreneurial scholars as agents of change," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 195-205.
    15. Samwel Alananga Sanga & Justine Mselle, 2018. "Informal Construction Practices as Knowledge Incubators: A Conceptual Framework," Business and Economic Research, Macrothink Institute, vol. 8(1), pages 13-37, March.
    16. Kamran Ahmed Siddiqui & Mohammad Emad Al-Shaikh & Ishtiaq Ahmed Bajwa & Abdulaziz Al-Subaie, 2021. "Identifying critical success factors for university business incubators in Saudi Arabia," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(3), pages 267-279, March.
    17. Berbegal-Mirabent, Jasmina & Gil-Doménech, Dolors & de la Torre, Rocío, 2019. "Dealing with heterogeneity: An analysis of Spanish universities," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), vol. 13(3), pages 58-77.
    18. Dandan Li & Yehua Dennis Wei & Changhong Miao & Yangyi Wu & Weiye Xiao, 2019. "Innovation, Network Capabilities, and Sustainable Development of Regional Economies in China," Sustainability, MDPI, vol. 11(17), pages 1-21, September.
    19. Harmi Andrianyta & Elisa Anggraeni & Sapta Raharja & Sukardi Sukardi, 2024. "Location-specific technology transfer model in an agricultural technology park, Indonesia," Research in Agricultural Engineering, Czech Academy of Agricultural Sciences, vol. 70(2), pages 61-72.
    20. Nicholls-Nixon Charlene L. & Valliere Dave, 2020. "A Framework for Exploring Heterogeneity in University Business Incubators," Entrepreneurship Research Journal, De Gruyter, vol. 10(3), pages 1-11, July.
    21. Faria, João Ricardo & Caudill, Steven B. & Mixon, Franklin G. & Upadhyaya, Kamal P., 2021. "Cooperation and spillovers in healthcare R&D: Theory and evidence," Economic Modelling, Elsevier, vol. 95(C), pages 68-75.
    22. Hülya Ünlü & Serdal Temel & Kristel Miller, 2023. "Understanding the drivers of patent performance of University Science Parks in Turkey," The Journal of Technology Transfer, Springer, vol. 48(3), pages 842-872, June.
    23. Klaus Deimel, 2017. "Universities Third Mission and Business Incubation: Cooperation Between Universities and Business Incubators Demonstrated with the Example “Digital Hub Region Bonn”," Proceedings Paper, in: Munyoki, Justus & Bode, Jürgen (ed.), Universities, Entrepreneurship and Enterprise Development in Africa - Conference Proceedings 2017, volume 6, pages 73-80, Universities Entrepreneurship and Enterprise Development in Africa International Conference.

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