University incubators performance through the lens of institutional theory

Praveen Kulkarni, Basavaraj Tigadi, Prayag Gokhale and Lakshminarayana K.

Vilakshan - XIMB Journal of Management, 2024, vol. 23, issue 1, 2-20

Abstract: PurposeThis study aims to understand the role of university incubation centers (UICs) in fostering startup growth within an academic ecosystem, focusing on enhancing their effectiveness.Design/methodology/approachData was collected from startups and incubation centers in Karnataka, India. Warp partial least squares 6.0 was used for path analysis to examine the relationships between institutional pressures, startup performance and resource acquisition.FindingsUICs in India effectively support startup growth. Mimetic isomorphism positively influences resource munificence, while normative isomorphism enhances monitoring and assistance. Coercive pressures negatively impact startup performance.Research limitations/implicationsThe research is limited to India. Future studies in other developing countries would help validate and extend these findings, offering a more comprehensive understanding of incubation center dynamics globally.Practical implicationsThis study offers insights on optimizing UIC operations to better support startups. By integrating institutional theory, it highlights the significance of legitimacy, professional standards and strategic location in enhancing incubation center effectiveness.Social implicationsUICs play a crucial role in bolstering the startup ecosystem, essential for employment generation and economic development in India. Effective incubation centers drive innovation and entrepreneurship, contributing to broader societal benefits.Originality/valueThis study fills a gap by focusing on South Asia, providing insights into the unique challenges and opportunities faced by UICs in developing countries and enhancing understanding of incubation practices in these regions.

Keywords: Incubation center; Innovation; Institutional theory; Performance measurement; Startups; University incubation center (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eme:xjmpps:xjm-02-2024-0029

DOI: 10.1108/XJM-02-2024-0029

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