Creating a University-Based Entrepreneurial Ecosystem in Indonesia

Abstract

Being a country with the fourth largest population in the world, but with an entrepreneur rate that only rank six at the ASEAN level, is a challenge for Indonesia. Entrepreneurship education plays an important role to increase entrepreneurial graduates of higher education. Global awareness of the importance of the role of entrepreneurship and innovation, in line with the growing awareness of higher education institutions, especially universities, to walk the entrepreneurial path. This study aims to form an entrepreneurial university model using a systems approach, where the university should not carry its own burden in carrying out the responsibilities of a third mission to help accelerate community development. The model produced using the Interpretive Structural Modelling (ISM) method describes the sub-elements as the driver factor that influence the transformation process towards an entrepreneurial university. The elements of the entrepreneurial university model are come from the elements in the entrepreneurial ecosystem. One of the results showed that in Indonesia, producing entrepreneurial graduates as entrepreneurs is a very important factor and will encourage other factors, such as product commercialization, patents, and realizing science and techno parks, as has been achieved by several leading universities in the world.
 
 Received: 2 November 2020 / Accepted: 11 December 2020 / Published: 17 January 2021

Development of a university innovation ecosystem assessment model for Association of Southeast Asian Nations universities

“…For example, some with mature innovation ecosystems may prioritize outputs like IP production and licensing, while universities just beginning to develop an innovation ecosystem may focus more on establishing policies, culture and systems that will promote positive attitudes and innovation practices. It is expected that in ASEAN, which includes both countries such as Thailand and Singapore with mature innovation systems and countries like Myanmar where innovation systems are just developing (Novela et al, 2021), there will be a need for universities to set their own priorities and prioritize the process and output measures that make sense for their stage of development.…”

“…First, the new model should be useful for assessing the university’s current role in innovation and the broader economic development of its host country – for example, the commercialization of IP and technology transfer (De Moortel and Crispeels, 2018; Ugnich et al, 2015). This was a critical consideration because universities play a key role in national innovation ecosystems in ASEAN (Celuch et al, 2017; Novela et al, 2021). This assessment should not just include marketized aspects such as grant funding or IP licensing fees, as these provide only a partial measure of the value of innovation (Bendixen and Jacobsen, 2017).…”

“…While they are obvious indicators of a university’s innovation progress, such market-oriented indicators have the effect of obscuring other measures of quality that provide useful information for developing its innovation ecosystem (Bendixen and Jacobsen, 2017). Since many universities in countries in the Association of Southeast Asian Nations (ASEAN) are just beginning integration into their national innovation ecosystem (Afzal et al, 2018; Novela et al, 2021), such outcome-oriented metrics are not necessarily useful for understanding the state of immature innovation ecosystems, as they do not reflect growth in capabilities and progress in the short term or opportunities for improvement.…”

Proceedings of the 17th International Research Symposium on Service Excellence in Management - QUIS17

“…Guerrero, Urbano, and Gajón (2020) show how graduates' risk aversion and work effort are positively influenced when access to university business incubators and relationships with external stakeholders are provided (Bikse et al, 2016). Finally, university-industry collaboration and outputs such as patents and licenses will not be used by society if there are no knowledge transfer activities as a closing aid to the research process (Novela et al, 2021). .…”

Areas in MSMEs’ Business Processes that Require New Ideas on a Regular Basis

“…Entrepreneurship education has a positive impact on the growth of innovation and the birth of new businesses (Novela et al 2021). In addition to technology, human resources and financial facilities, business incubators help tenants to understand the need for organizational management for business development (Somsuk and Laosirihongtong, 2014).…”