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university–enterprise cooperation

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tenant companies. One of the benefits incubator<br />

tenants value most highly is the opportunity to<br />

trade needs, experiences and ideas with other<br />

scientists and entrepreneurs within the incubator.<br />

The incubator will provide help to the tenants<br />

in accessing networking opportunities with<br />

others incubation centers in the WBC region and<br />

elsewhere.<br />

An effective technology incubator programme,<br />

serves not only companies occupying space in<br />

the incubator building, but also other technology<br />

start-up companies in the area and, to a lesser<br />

extent, more mature technology companies as<br />

well. Broadening the number of tenants (beyond<br />

those in the building) is also very important,<br />

creating additional sources of income and<br />

possibly making the incubator company profitable<br />

and sustainable. The work in this area should be<br />

focused on supervising existing local companies to<br />

move parts of or all their business to the incubator.<br />

One of the aims of the incubation centers will<br />

be also to promote an entrepreneurial culture<br />

through developing infrastructure for facilitating<br />

entrepreneurship and forming a pool of people<br />

possessing entrepreneurial mentality and skills as<br />

opposed to an “employee mentality” which has<br />

dominated the community in the WBC region.<br />

Additionally, an important argument in favor of the<br />

incubator approach is that it is the place where<br />

students can do practical work, become participants<br />

in different projects, and learn through experience.<br />

We suggest forming the school of entrepreneurship<br />

as a part of the future Science and Technology parks.<br />

It is of high importance to improve the market<br />

economy and business thinking for young people and<br />

students especially in countries which have not had a<br />

tradition of entrepreneurship such as WBCs.<br />

6.3.1.3 Academic spin-offs<br />

Academic spin-offs are an important means<br />

of technology transfer from universities to<br />

enterprises and an important mechanism for<br />

107<br />

Business<br />

support<br />

Other<br />

firms<br />

Other<br />

product<br />

innovation<br />

University<br />

Territorial<br />

knowledge<br />

pool<br />

Spin-off<br />

Knowledge<br />

about<br />

innovation<br />

University<br />

business<br />

relationship<br />

Spin-off<br />

(product)<br />

innovation<br />

Figure 4. Heuristic model of how university-business interaction creates a more generalisable territorial advantage<br />

New WBC model of university-enterprise <strong>cooperation</strong> 6

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