Incubationship – A Systematic Analysis of Recently Announced Super Innovation in Higher Education using SWOC, ABCD, and PESTL Frameworks

Abstract

Purpose: This paper's main goal is to illuminate the revolutionary potential of incubationship in higher education and its broader societal ramifications. This study intends to offer an organized and thorough analysis of incubationship programs by utilizing the SWOC, ABCD, and PESTL frameworks. It aims to identify their benefits and disadvantages, strengths and limitations, and the numerous external circumstances that may have an impact on their success. Additionally, this study provides a road map for institutions, governments, and educators to use incubationship to help create a new generation of independent, creative, and entrepreneurial people. In the end, it adds to the continuing discussion about how higher education has changed by highlighting the crucial role that incubatorship plays in educating students for a society that needs adaptation, creativity, and innovation. In the end, it adds to the continuing conversation about how higher education is evolving by highlighting the crucial role that incubator programs play in preparing students for a future that demands flexibility, innovation, and a proactive approach to problem-solving.

Concept: A systematic and supervised process called incubationship essentially gives students the tools they need to find, develop, and eventually launch their new businesses. By bridging the gap between academic theory and real-world entrepreneurial skills, this idea gives students a rare chance to obtain actual experience in business planning, market research, and financial management. It's important to note that Incubationship transcends national boundaries and has a global impact since graduates with entrepreneurial aptitude and creative mindsets leave institutions all around the world. In order to meet the changing needs of our linked and complicated society, this idea serves as a dynamic catalyst for fostering the next generation of problem-solvers, innovators, and job creators.

Methodology: This is an exploratory research analysis and makes use of our newly developed conceptual model and systematic analysis of it using SWOC, ABCD, and PESTL frameworks by using the information obtained from various sources like scholarly articles and AI-based GPTs.

Results/Analysis: The paper analysed and evaluated the new model of experiential learning called “incubationship” to create an entrepreneur at a higher education level by using systematic analysis frameworks SWOC, ABCD, and PESTL.

Originality/Value: The paper systematically analysed a super-innovation model in HE called Incubationship to create innovative entrepreneurs through a semester-long project to nurture the business leaders to start their own businesses. These outcome Startups can be called as Monocorns or Multicorns depending on the number of primary students involved in the Incubationship.

Type of Research: Research Analysis.