Page 24 - IRC Research Abstracts _ Souvenir_Neat 9 6
P. 24

TECHNOLOGY BUSINESS INCUBATION IN HIGHER EDUCATION:
                                              THE CASE OF  “SInergy” TBI


                                                                       2
                                           1
                           Dave E. Marcial , Janice Antoniette V. Förster and Lawrence Dela Peña 3
                                                    1 Silliman University
                                                 Negros Oriental, Philippines
                                                    demarcial@su.edu.ph


                                                    2 Silliman University
                                                 Negros Oriental, Philippines

                                                    3 Silliman University
                                                 Negros Oriental, Philippines






               ABSTRACT


               Technology Business Incubation (TBI) is one of the strategies identified by the Philippine’s
               Department of Science and Technology (DOST) to promote innovation and technopreneurship
               for the country’s socio-economic development. DOST launched the Higher Education Institution
               Readiness for Innovation and Technopreneurship (HeIRIT) Program. Twenty private and public
               universities were identified as recipients of the grant. Silliman University, founded in 1901, is
               one of the grantees with the mission to promote innovation and technopreneurship towards
               commercialization by fostering the culture within the university and the outside community. As
               an incubator, Silliman University is tasked to provide a range of resources, services, and
               facilities needed during the development stage of aspiring technopreneurs. This paper presents
               the experiences of the establishment of a technology business incubation (TBI) at Silliman
               University, Dumaguete City, Philippines. Specifically,     this paper shares the efforts and
               initiatives during the planning and implementation of the TBI in the university. It also shares the
               challenges and opportunities encountered in managing TBI. Lastly, this paper presents the
               lessons learned about the conduct of incubation. Interviews from the TBI team, incubatees, and
               other stakeholders were conducted. Changing the mindset to technopreneurial culture is a
               challenging effort. Just like any other academic disruption, institutional and holistic leadership is
               vital in the success of managing a technology business incubation.
   19   20   21   22   23   24   25   26   27   28   29