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Journal articles on the topic 'Business incubators'
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1
Hakim, Lukmanul, Yuyus Suryana, Joeliaty Joeliaty, and Imas Soemaryani. "The influence of resources, service capabilities and government support on business incubator success: Empirical evidence from Indonesia." Uncertain Supply Chain Management 12, no. 4 (2024): 2489–500. http://dx.doi.org/10.5267/j.uscm.2024.5.020.
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Business incubators contribute to the development of entrepreneurship, innovation, and regional economy. However, in developing countries, implementation faces challenges and obstacles that threaten the success and sustainability of their operations. This research examines the influence of incubator resources, service capabilities, and government support on the success of business incubators. We conducted a national survey and used structural equation modelling analysis to test hypotheses on a sample representing seventy-six percent of the business incubator population in Indonesia, one of the developing countries in Asia. Empirical evidence shows that most incubators in Indonesia are non-profit, university-based, and technology business incubators. The incubator's resources and government support impact its service capabilities. However, the incubator's resources and government support do not directly impact its success. The novelty is that service capability acts as a full mediating variable on the influence of government support and incubator resources on the success of business incubators. The final section outlines managerial implications and future research directions.
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Kuryan, Nadzeya, Mohammad Saud Khan, and Veronika Gustafsson. "Born globals and business incubators: a case analysis." International Journal of Organizational Analysis 26, no. 3 (July 9, 2018): 490–517. http://dx.doi.org/10.1108/ijoa-07-2017-1197.
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PurposeThis paper aims to analyze born globals and business incubators from an empirical standpoint. Particularly, the role of business incubators in the emergence and development of born global firms is focused, thereby outlining the significance of incubator influence on rapid internationalization.Design/methodology/approachBased on extant literature on born globals, business incubators and their interrelationship that nurtures internationalization, a theoretical model is developed and empirically tested to analyze potential born globals residing in business incubators.FindingsDue to services provided, such as infrastructure, business support and networking, business incubators create a favorable environment for rapid internationalization of their tenants. However, the initiative to go international comes from the incubatees, and the motivating role of business incubators in this process is fairly insignificant.Originality/valueThe incubator-incubation phenomenon is notably under-researched, with most of the literature focusing on “incubator topics.” This relationship is extremely important to understand to choose appropriate political measures and orchestrate effective management of business incubators.
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Wu, Wenqing, Minhan Zhai, Jiayue Liu, and Xuang Huang. "Gatekeeper Networks, Knowledge Inertia, and Knowledge Performance in Business Incubators." Journal of Organizational and End User Computing 35, no. 1 (November 15, 2023): 1–33. http://dx.doi.org/10.4018/joeuc.333634.
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Business incubators can provide network connection to incubatees, allowing incubatees to acquire many resources. Gatekeepers can facilitate the acquisition of external knowledge and the dissemination of internal knowledge. From gatekeepers' characteristics, business incubator managers perfectly fit the role of gatekeepers. This paper introduces the gatekeeper role in business incubators to analyze business incubator knowledge performance (BIKP). Multi-agent simulation model is used to form the gatekeeper network, and the business incubator manager acting as the gatekeeper has the function of breadth intervention and depth intervention for the incubatees. The results indicate that moderate competition is necessary for incubatees. Second, the gatekeeper's depth intervention is better than breadth intervention. Third, there is the horizontally S-shaped relationship between the level of effort of the gatekeeper's depth intervention and the BIKP in equilibrium. Moreover, the gatekeeper's interventions are optimal when incubatees have high knowledge inertia and low rates of mutual learning.
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Wann, Jong-Wen, Ta-Jung Lu, Ina Lozada, and Guillermo Cangahuala. "University-based incubators’ performance evaluation: a benchmarking approach." Benchmarking: An International Journal 24, no. 1 (February 6, 2017): 34–49. http://dx.doi.org/10.1108/bij-02-2015-0018.
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Purpose The purpose of this paper is to understand the existing incubation practices and to develop suggestions for other incubations programs’ practitioners, by developing a benchmark study of outstanding Taiwanese university-based incubators (UBIs). Design/methodology/approach This research result is based on the methodology for generating a benchmarking from six outstanding Taiwanese UBIs and for other business incubators around the world. Findings According to this research result, the authors propose eight key performance indicators (KPIs): three for setting up and operating UBIs and five for incubator functions and services. Among those eight KPIs, the average set-up cost is US$595,000; the average number of incubatees is 22; the length of tenancy is four years; and the growth in incubatees’ turnover is around 15 percent. Research limitations/implications Even the samples were outstanding UBIs in Taiwan; for future research, this approach might be applied to a bigger number of incubation centers or UBIs. Practical implications Many countries or areas still lack experience in setting up and running business incubators; therefore, practical advices for the managers are crucial for the success of these business incubators, and this benchmarking methodology can be applicable in some of those cases. Originality/value The benchmarking methodology for setting up the values of each KPI and the evaluation approach.
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Bist, Ankur Singh. "The Importance of Building a Digital Business Startup in College." Startupreneur Business Digital (SABDA Journal) 2, no. 1 (February 20, 2023): 31–42. http://dx.doi.org/10.33050/sabda.v2i1.265.
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Indonesia has enough established startups for them to become popular in business incubators that accept college or university students. This is because aspiring entrepreneurs who have business ideas are given access to the incubation concept and program. As a result, study was done to find out how business incubators help colleges create firms. However, there are barriers to developing businesses, including limited technology, management, and leadership. A qualitative methodology was used to carry out the study at Raharja University's Alphabet Incubator. Utilizing an observational research approach and a literature review to gather data with the goal of streamlining the procedure, It is clear that the government supports business incubators in creating startups and utilizing technology to expand businesses. The goal of the research is to boost creativity or innovation in creating successful new companies in higher education. seen from students making use of the Alphabet Incubator's resources to create small enterprises in the digital sector and expand the workforce.
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Cullen, Margaret, André Calitz, and Len Chandler. "Business Incubation in the Eastern Cape." International Journal for Innovation Education and Research 2, no. 5 (May 31, 2014): 76–89. http://dx.doi.org/10.31686/ijier.vol2.iss5.187.
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Business incubation is a concept that describes a business development process that is used to grow successful, sustainable entrepreneurial ventures that will contribute to the health and wealth of local, regional and national economies. Incubators provide a platform for businesses to build their foundations. Incubators are part of a larger value chain that connects businesses to a vital support system, such as local service providers (including lawyers, corporate service providers or accountants) to establish relationships that will last after the business leaves the incubator. This paper investigates whether the performance of the Seda Nelson Mandela Bay ICT Incubator is in line with generally accepted performance standards. These standards are identified as a strategic alliance of the business (vision, mission and strategy), financing principles, management principles and human resource development and growth opportunities. Alignment to these standards was investigated through surveys with members of the board, employees and incubatees. The findings show that the incubator in the case study was aligned to generally accepted performance standards but that there is room for improvement in market alignment, incubate compliance and periods of incubation.
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Hibah, Hana`a, and Wail Alhakimi. "The Role of Business Incubators in The Development of Entrepreneurship in Yemen." Journal of Impact 2, no. 2 (September 9, 2021): 54–70. http://dx.doi.org/10.48110/joi.v2i2.34.
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This research aims to identify the role of business incubators in developing entrepreneurship and creating new commercial enterprises. The research focuses on the pre-incubation stage, which is the critical stage in shaping the intention of entrepreneurs. It also focuses on factors such as incubator's performance, desirability self-efficacy, facilitation, feasibility, and perceived risk) that affect the success of entrepreneurship projects. The data was collected in the form of two types of questionnaires, a questionnaire for entrepreneurs who are within the incubation program, and a questionnaire for business incubators. The questionnaires were distributed on paper with a cover letter explaining the nature and purpose of the questionnaire. The data was analyzed and checked for reliability, and descriptive statistics were generated based on the data. The results showed that there are no standards to measure and monitor the performance of incubators, and there is no correlation between incubators and other official agencies. The results also revealed that the factors affecting entrepreneurs are closely related to the incubators’ performance levels because they affect the success or failure of the incubated projects. The majority of incubates indicated that funding is the main obstacle in their work in addition to the lack of multiple skills. Another finding of this study was that the entrepreneurs who joined the incubator program were inspired by the growth potential and lack of entrepreneurial skills. The current study provides an insight into the role of business incubators in developing entrepreneurship in Yemen. Recommendations are presented in this study for entrepreneurs incubated in the study environment in order to improve their current level, as well as for incubators to develop the level of services within the standards set by specialists and to provide an appropriate environment. Recommendations are also presented for the competent authorities and the foundation that support the incubators in order to organize the incubation process and-set standards.
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Reit, Tatevik. "Knowledge Transfer in Virtual Business Incubators." Problemy Zarządzania - Management Issues 20, no. 1(95) (May 25, 2022): 173–90. http://dx.doi.org/10.7172/1644-9584.95.8.
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Purpose: Virtual business incubators (VBIs) have become a rising phenomenon, as the role of digitalization in the entrepreneurial context has been gaining increasing relevance. The ongoing COVID-19 pandemic additionally underlines the importance of virtual solutions per se. To be effective, virtual business incubators must rely on effective knowledge transfer (KT). This paper aims to identify factors influencing knowledge transfer in virtual business incubators and to determine in which direction these factors influence KT. Methodology: For this purpose, a qualitative single case study is applied within an internationally acting virtual business incubator, using 12 semi-structured interviews with incubator management and staff, as well as incubatees. Findings: The findings suggest that precise communication, weak ties, heterogeneous contexts, and low engagement all influence knowledge transfer in virtual business incubators, each in a different way outlined in the paper. Research limitations/Implications: As a qualitative study, this research might be exposed to researcher bias and cultural bias. Originality/Value: This study extends the descriptive, conceptual VBI literature by adding the level of dynamic processes within the incubator. These new insights into the dynamic level enable precise intervention in the course of the KT, allowing challenges and strengths to be analyzed and understood theoretically and addressed and strengthened practically. This is indispensable to the successful operations of VBI processes.
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Khalid, Fararishah Abdul, Aminuddin Ahmad Kayani, and David Gilbert. "The impact of monitoring and business assistance intensity on Malaysian ICT incubatees’ performance." MATEC Web of Conferences 150 (2018): 06032. http://dx.doi.org/10.1051/matecconf/201815006032.
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Business incubation has been known in the literature as an economic development tool. Around the world, and in the developing countries particularly, business incubation is deployed to stimulate the growth of small-to-medium sized enterprises or SMEs, which are the lifeblood for many countries. Malaysia’s business incubation system has been established since the 1980s and in line with the country’s aspirations to become a developed nation by year 2020, much has been done by the government to catalyse the growth of SMEs, particularly, ICT SMEs. Despite establishing numerous ICT incubators over the two decades, the process involved in assisting new entrepreneurs in the incubators remains fragmented. This paper examines a component critical to the business incubation process: monitoring and business assistance intensity and its impact on the performance of incubates. Quantitative method was deployed with a total of 118 incubatees from ICT incubators in Malaysia responding to an online survey questionnaire. Multinomial logistic regression analysis revealed that monitoring and business assistance intensity is statistically significant in predicting incubatee performance. The findings will provide valuable information for entrepreneurs, business incubator managers, and policy-makers on best practices of incubation management and benchmarking towards fourth-generation incubators. This paper fills the gap in the current incubation literature, contributing in several aspects including empirical data, methodology, and noteworthy findings regarding the Malaysian incubation phenomenon.
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Suyana, SE. MM., Hilma, Andika Nuraga Budiman, and Ely Nurhayati. "Effect of Managerial Ability and Effectivity on Tenant Business Performance at YARSI University Business Incubator." Jurnal Orientasi Bisnis dan Entrepreneurship (JOBS) 4, no. 2 (December 21, 2023): 144–52. http://dx.doi.org/10.33476/jobs.v4i2.4072.
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The purpose of this study is to explain the importance of tenant performance in the creation of new entrepreneurs/tenants in higher education by entrepreneurship educational institutions where incubators are present. In Indonesia, a number of incubators are emerging, particularly at universities, as places to develop intellectual and professional human resources. The poor performance of the Yarsi University Incubator's tenants can be seen by looking at the 28 tenants that have started operating in the past five months. Because the population and sample for this study were childcare facilities with a total of 28 tenants, this sample was included in a saturated sample. This study discusses the role of tenant performance in the Yarsi University incubator as seen through tenant management skills and tenant effectiveness in operating the business in the incubator. Operative in performing management functions and consists of the ability to plan, organize, direct or perform tasks, and exercise supervision. Effectiveness can now be measured by the outputs and inputs that tenants provide to entrepreneurship in the incubator.
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Shepard, Jeffrey. "Incubation Process Case Study." Management and Organizational Studies 5, no. 3 (July 25, 2018): 43. http://dx.doi.org/10.5430/mos.v5n3p43.
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The purpose of this case study is to create a profile of business incubators by exploring various aspects concerned with their operations. While tracing the history, development and current practices of business incubators, the aspects explored include the identification of: the nature of clients served, incubator mission, incubator staffing/personnel, incubator management, incubator resources, and incubator facilities/technology. The main motivation behind this case study is to compile an exhaustive profile of business incubators into one paper.This case study mainly utilized secondary research. By using questionnaires, a survey conducted among managers of selected business incubators in the United States was done. The exploratory nature of this study prompted the use of open ended questions.Findings concerning incubator mission are that current incubators mainly provide professional services of increased complexity as opposed to earlier incubators. Regarding personnel, modern incubators have formal organization structures characterized by the aspect of co-learning. While earlier incubators primarily offered cheap rental space, modern incubators share resources via a complex network of virtual connectivity. On technology, sophisticated technological communication interfaces such as the internet are vital, previous incubators relied on outdated technology. Concerning management, modern incubators require highly adaptive managers capable of addressing specific needs due to the constantly changing business environment. Other findings include the fact that clients are predominantly small business owners and students. Further, managers mainly provide direct services to clients such as mentoring, coaching, and training.
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Cheng, Ying, Yanyan Liu, and Adam R. Cross. "Legitimacy-building role of incubators: a multiple case study of activities and impacts of business incubators in a developing Chinese city." Chinese Management Studies 17, no. 4 (July 15, 2022): 829–50. http://dx.doi.org/10.1108/cms-07-2020-0288.
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Purpose Business incubators are advantageous to new venture legitimacy because they provide rich access to entrepreneurial resources, and their incubation networks can offer endorsement to incubatees. However, empirical evidence on this topic is limited, and the existing literature relies predominantly on the Western context. Given that not all developing country incubators have resourceful and reputable external entrepreneurial networks as in the industrialized countries, and that new ventures need to build legitimacy along cognitive and socio-political dimensions that require different actions to influence different stakeholders, this study investigates empirically how business incubators facilitate their incubatees to build legitimacy in a context where resource and reputation conditions are weak. The purpose of this paper is to clarify how business incubators perform legitimacy-building roles effectively. Design/methodology/approach A multiple case study of business incubators in Chongqing, a second-tier Chinese city, is presented. Using grounded theory, this paper draws its findings from a synthesis of interviews and secondary data of seven incubators and their ten incubatees. Findings The legitimacy-building role of business incubators is performed well in this research context. Evidence is presented that incubators play different roles in building different dimensions of incubatees’ legitimacy. Government-associated incubators play a salient role in building incubatees’ socio-political legitimacy whilst non-government related incubators shape their incubatees’ cognitive legitimacy. Originality/value This study contributes to the business incubators literature by revealing how incubators perform the legitimacy-building role when their resource endorsement is weak. The results suggest that incubators need to strengthen their ties with external stakeholders and that new ventures need to take key stakeholders into consideration when they select incubators to enter.
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Maraqa, Amer, and Arif Darmawan. "ENHANCING THE ROLE OF NETWORKED BUSINESS INCUBATORS AS A CATALYST OF PROMOTING TRADING BUSINESS AMONG OIC." International Journal of Islamic Business 1, no. 1 (June 1, 2016): 29–49. http://dx.doi.org/10.32890/ijib2016.1.1.3.
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Business incubators have been proven as effective in creating jobs and accelerating the growth of new businesses. The purpose of this paper is to investigate and identify the situation and factors of business incubator as a catalyst to facilitate successful implementation such as, 1) young entrepreneur, 2) job creation, and 3) Networking business incubators and (SMEs) among OIC countries. Although the basic concept of business incubation remains until today, there have been several enhancements to the capability of business incubators to create entrepreneurs and improve economic driver. Moreover, institutional theory stated that business incubators have generated some positive results for small businesses’ success. The nature of this research is mainly a mixed methods approach such as case study and qualitative (literature review). Case studies reflect a comparative analysis of entrepreneurship ecosystem between Asia and Arab world. Some data retrieved from journals, articles, and business incubator report. Findings of this paper show that the rapid expansion of business incubators in Asia and the Arab world is an important phenomenon affecting the economic growth in those countries. Moreover, much attention and great support from central and/or local government has relation on growth in incubation industry. Furthermore, partnerships and sharing among different incubators is a crucial component to make incubators more successful. The findings of this paper help governments and local authorities to shape future polices for incubation industry, entrepreneurs, and economics development among OIC.
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Machado, Andreia de Bem, Araci Hack Catapan, and Maria José Sousa. "Management Models for Business Incubators." International Journal of Technology Diffusion 11, no. 2 (April 2020): 33–44. http://dx.doi.org/10.4018/ijtd.2020040103.
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The primary goal of this research is to do a systematic review about management models for business incubators. Management models are grounded in three basic pillars: people, processes, and technologies. In this scenario, the business incubator management model is fundamental because it is important for business incubators to meet the demands of new entrepreneurs and entrepreneurship. Therefore, the objective of this research is to map the light of the systematic review of business incubator management models on the world stage. To do so, the methodology used was the integrative review of the literature using the Scopus database and regulations, international and national documents. As a result, one of the problems found in these models was that most business incubator management models describe a business incubator as a transformation mechanism, but do not spell out details about the incubation process or models and best practices for business incubators. management for the continuous improvement of incubated enterprises.
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Yuan, Xiangfei, Haijing Hao, Chenghua Guan, and Alex Pentland. "Which factors affect the performance of technology business incubators in China? An entrepreneurial ecosystem perspective." PLOS ONE 17, no. 1 (January 11, 2022): e0261922. http://dx.doi.org/10.1371/journal.pone.0261922.
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To examine which factors affect the performance of technology business incubators in China, the present study proposes an entrepreneurial ecosystem framework with four key areas, i.e., people, technology, capital, and infrastructure. We then assess this framework using a three-year panel data set of 857 national-level technology business incubators in 33 major cities from 28 provinces in China, from 2015 to 2017. We utilize factor analysis to downsize dozens of characteristics of these technology business incubators into seven factors related to the four proposed areas. Panel regression model results show that four of the seven factors related to three areas of the entrepreneurial ecosystem, namely people, technology, and capital areas, have statistically significant associations with an incubator’s performance when applied to the overall national data set. Further, seven factors related to all four areas have various statistically significant associations with an incubator’s performance in five major regional data set. In particular, a technology related factor has a consistently statistically significant association with the performance of the incubator in both national model and the five regional models, as we expected.
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Rončević, Ante, and Aleksandra Ličanin. "The Influence of a Business Incubator on the Business Success of a Beginner Entrepreneur: Case Study of a Technology-innovation Center in Međimurje County." Croatian Regional Development Journal 4, no. 2 (December 1, 2023): 65–84. http://dx.doi.org/10.2478/crdj-2023-0008.
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Abstract The recession of the 1990s in Europe and the United States of America marked a defining moment for entrepreneurship. Business incubators emerged as a means of redistributing strategic resources and developing new tools for local and regional economies. In Croatia, most incubators are founded by cities and counties, with two private incubators also in operation. The Technological Innovation Center “Međimurje” (TICM) in Čakovec was established by Međimurje County in 2009 to incubate startup entrepreneurs, with the aim of supporting regional development and strengthening the entrepreneurial sector. With recent population emigration, the Međimurje County Development Plan until 2027 underscores the heightened importance of TICM as an entrepreneurial support institution. This paper presents a comprehensive analysis of the challenges, needs, and obstacles faced by beginner entrepreneurs working in the TICM incubator. It critically evaluates the extent to which TICM meets the needs of newly founded companies, identifies the challenges it faces, and proposes solutions. By analysing the survey responses, the research questions were answered, and guidelines for the potential future operation of the incubator were developed. Research shows unequivocally that there are numerous advantages of doing business in an incubator, primarily the possibility of survival in the market. The work determines the needs of beginner entrepreneurs, which can guide the building and redefinition of existing services, and also highlights the need to increase the incubator’s capacity.
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Salim, Agus, Ery Tri Djatmika Rudijanto Wahju Wardhana, and Nurika Restuningdiah. "The Influence of Business Incubators on Interest in Entrepreneurship with Entrepreneurial Attitudes as an Intervening Variable." Journal of Applied Business, Taxation and Economics Research 3, no. 4 (April 18, 2024): 317–42. http://dx.doi.org/10.54408/jabter.v3i4.272.
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This study delves into the profound impact of business incubators, specifically focusing on the `Ships' Business Incubator in East Java, on fostering entrepreneurial interest and shaping entrepreneurial attitudes among its members. Identified challenges include a low inclination towards entrepreneurship among incubator members, attributed to factors such as fear of failure and a lack of entrepreneurial knowledge. The primary objective of the research is to design targeted educational and coaching strategies within business incubators to enhance interest in entrepreneurship by cultivating entrepreneurial attitudes. The research contributes to the existing literature by filling gaps in understanding the comprehensive impact of business incubators, especially within local contexts such as East Java. Using quantitative methods, the study encompasses a population of 580 members from the East Java 'Ships' Business Incubator, with a sample size of 220 individuals selected through proportionate stratified random sampling. The study concludes that the 'Ships' Business Incubator not only serves as a launchpad for businesses but also effectively fosters and sustains the entrepreneurial interests and attitudes of its members
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Macchi, Marika, Ugo Rizzo, and Laura Ramaciotti. "From services dealers to innovation brokers." Journal of Intellectual Capital 15, no. 4 (October 7, 2014): 554–75. http://dx.doi.org/10.1108/jic-06-2014-0078.
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Purpose – The purpose of this paper is to investigate the strategies business incubators (BI) adopt in respect to the creation of incubatee intellectual capital, and it focuses in particular on links between BI structural capital and the creation of incubatee relational capital (RC). By crossing IC literature with the open innovation paradigm the authors consider the incubator as an innovation intermediary and the authors investigate how different incubator strategies of knowledge exchange take place within and across incubator boundaries. The main issues the authors seek to explore regard the mechanisms by which incubators shape the exchange of knowledge within and across their boundaries and the rationale underlying such an approach. Design/methodology/approach – The analysis is based on a multiple case study research involving five Italian incubators. Primary and secondary data were gathered through interviews with each incubator managing director and with relevant actors. Findings – The analysis allows us to propose a theoretical framework and to highlight how different structural capital shape heterogeneous processes by which incubatees build their RC. The authors find that important differences in RC formation are present both at an exchange of knowledge level within the incubator, and across incubator boundaries. Research limitations/implications – The main limitations of this study regard the generalizability of results. This is mostly an exploratory work and further research based on quantitative rather than qualitative analysis, would provide stronger evidence in order to validate the results with respect to the population of incubators and consequently lead to more precise policy implications. Originality/value – The analysis points to the importance of recognizing different BI approaches regarding the mechanisms by which incubatees develop their RC, and allows us to gain a knowledge-based conceptualization of incubators. This definition moves beyond the more diffuse classification based on public vs private and sectoral specificities, and introduces some new insights for further research.
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Salem, Mohamed Imam. "The Role Of Business Incubators In The Economic Development Of Saudi Arabia." International Business & Economics Research Journal (IBER) 13, no. 4 (June 30, 2014): 853. http://dx.doi.org/10.19030/iber.v13i4.8694.
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Business incubators are perceived to be a mainstay of economic development programs. They create value by combining the entrepreneurial drive of a startup with resources generally available to new ventures. Among the primary objectives of business incubators are creating employment opportunities in the local economy and commercializing technologies. Saudi government has put high-growth, innovative businesses at the heart of its economic agenda.The aim of this paper is to enhance understanding of how business incubators function and their impact on national development and growth of a developing nation. First, the paper reviews the literature on the relationship between business incubators and economic development; then the paper provides an analysis of the characteristics and objectives of business incubators in Saudi Arabia. The paper also examines the significant contribution of business incubators in promoting economic growth and development of Saudi Arabia. The paper points out the importance of introducing business incubator strategies and programs and the role of such important moves in ensuring sustainable value creation and building of wealth.
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Lose, Thobekani, Robertson K. Tengeh, Eugine Tafadzwa Maziriri, and Nkosivile Welcome Madinga. "Exploring the critical factors that hinder the growth of incubatees in South Africa." Problems and Perspectives in Management 14, no. 3 (November 10, 2016): 698–704. http://dx.doi.org/10.21511/ppm.14(3-3).2016.13.
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In as much as entrepreneurial action fosters job creation and economic growth, entrepreneurs encounter the significant risk of failure, and community bears the brunt. Though business incubators were designed to provide support and hope to ailing businesses, evidence suggests that not all on these programs succeed. Going on the assumption that even businesses on incubation programs do not seem to be immune to failure, this study sought to determine the key factors that hinder the growth of incubatees in South Africa. Adopting a quantitative approach, the questionnaire was utilized as the primary data collection tool, and the snowball sampling method was employed resulting in a sample size of 93 respondents. The research participants for this study were limited to firms that were registered on the databases of two business incubators who promote small business development strategy and programs in Cape Town and Johannesburg, respectively. The findings indicated that lack of funding, lack of credit facility, competition, crime, lack of access to external market, lack of business skills and lack of product selection and design were the key factors that hinder the growth of incubatees. Given the substantial resources invested in business incubation programs, the fact that business incubators are entrepreneurial ventures in themselves, understanding and finding sustainable solutions to the factors that hinder the growth of their clients (incubatees) would be a win-win solution for the relevant stakeholders. Keywords: business incubatees, business incubators, entrepreneurship, growth, South Africa. JEL Classification: M1, L84
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Grandi, Alessandro, and Rosa Grimaldi. "Evolution of Incubation Models." Industry and Higher Education 18, no. 1 (February 2004): 23–31. http://dx.doi.org/10.5367/000000004773040933.
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This paper addresses the role of incubators in supporting new venture creation. A mapping of four different types of incubator is proposed: corporate private incubators (CPIs), independent private incubators (IPIs), business innovation centres (BICs) and university business incubators (UBIs). This mapping is exemplified through case studies of one incubator for each of the four categories. The authors argue that one interpretative key to explain the dynamics of the incubation industry is the evolution of company requirements and consequently of the services offered by incubators. In this context, two different incubating models are described which provide incubators with useful indications as to how they should position themselves strategically.
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Zedi, Ildiko, and Todorka Atanassova-Kalaydzhieva. "BUSINESS INCUBATORS IN SERBIA AND THEIR INTERACTION WITH ECONOMIC, SOCIAL AND SCIENTIFIC INSTITUTIONS." Trakia Journal of Sciences 17, Suppl.1 (2019): 344–48. http://dx.doi.org/10.15547/tjs.2019.s.01.056.
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The purpose of this study is to establish the role of business incubators and their partnership with other economic, state and scientific institutions in Serbia, based on a survey conducted with incubator managers. State institutions and research institutions, as well as universities, are the main partners of business incubators. This cooperation has become a cornerstone of modern Serbian business. To succeed, businesses need to bind to a number of other companies and businesses such as investors, research institutions, economic organizations, local authorities, economic development organizations, and others. The positive effects of creating cluster networks and business incubators are many. Such clustering creates tangible partnerships between start-ups and international companies that support and promote small and medium-sized businesses in Serbia.
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Kennett, Geraldine, Ling Hu, Alex Maritz, and He Sun. "Learning huddles: absorptive capacity and sustainable growth of Chinese incubatees." Journal of Industry-University Collaboration 2, no. 3 (July 13, 2020): 141–59. http://dx.doi.org/10.1108/jiuc-08-2020-0007.
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PurposeThis study explores the different learning practices of Chinese incubators in Chongqing and Chengdu and delves into how these “learning huddles” influence incubatees' absorptive capacity (the ability to apply knowledge) to improve their chance of success (sustainable growth).Design/methodology/approachThis explorative study uses a qualitative case study approach by means of semi-structured interviews with business incubation managers and incubatees across three business incubators in Chengdu and Chongqing. The data are transcribed, coded and analyzed using an analytic map for the explanation of building and reflecting on the theoretical propositions, leading to a further understanding of the “learning huddle” mechanism.FindingsThe study finds that incubatees perceive that their absorptive capacity is increased through vicarious informal learning practices that promote access to networks and thereby builds social capital to improve their likelihood of success.Research limitations/implicationsThis study has limitations in sample size and design. The explorative case study approach uses a nonrandom case selection of three incubators in Chongqing and Chengdu and has a limited number of interviewees, which may lack representation of the general Chinese business incubation population and may not sufficiently be generalized beyond the sample itself.Practical implicationsThese findings have important implications for business incubation programs. Business incubators that build learning huddles (networks) create a nurturing shared learning environment, which is suitable for incubatees to collectively absorb knowledge at the early stage of their life cycle and improve their likelihood of sustainable growth.Social implicationsSince this study is limited to a Chinese context, it is also hoped that future researchers use the typology of business incubator learning practices to explore cross-culture variables, as these may influence the business incubation operations and performance.Originality/valueThis study adds to the discussion on how collective learning practices facilitate absorptive capacity and build social capital, which in turn improves incubatees' chance of sustainable growth and as such the authors hope that the learning practice's typology and how incubatees determine their success stimulates further research for measuring the likelihood of incubatees sustainable growth.
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Al-Damen, Rula Ali. "Business Incubator and Its Impact on Business Success: A Case Study of Jordan Enterprise Development Corporation (JEDCO)." Journal of Management and Sustainability 11, no. 1 (January 4, 2021): 35. http://dx.doi.org/10.5539/jms.v11n1p35.
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This study aimed to identify the level of services provided by the business incubators and their impact on business success. The sample for the field study consisted of 30 businesses that benefited from business incubator services at Jordan Enterprise Development Corporation (JEDICO). Various techniques, such as descriptive and analytical methods, were utilized in the study to test the hypotheses. The results demonstrated that beneficiaries perceived business incubators’ support practices as high level and that there was a statistically significant impact of business incubators on business success where the networking support services dimension had the highest influence on business success, followed by infrastructure support services. As a result of the findings, the study has provided a set of recommendations.
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Lumpkin, James R., and R. Duane Ireland. "Screening Practices of New Business Incubators: The Evaluation of Critical Success Factors." American Journal of Small Business 12, no. 4 (April 1988): 59–81. http://dx.doi.org/10.1177/104225878801200404.
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New firms are an important mechanism through which new jobs are created. However, the new venture failure rate is greater than the rate of creation. Business incubators have been organized to bring new businesses together to increase the probability of success. Incubators do not guarantee success; however, evaluating potential clients on Critical Success Factors can minimize failures once the firm joins an incubator. This research investigates the screening practices of incubators and identifies unique groups of incubators. The screening practices were found to relate to sponsorship but not to physical characteristics or objectives.
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BINSAWAD, MUHAMMAD, OSAMA SOHAIB, and IGOR HAWRYSZKIEWYCZ. "FACTORS IMPACTING TECHNOLOGY BUSINESS INCUBATOR PERFORMANCE." International Journal of Innovation Management 23, no. 01 (January 2019): 1950007. http://dx.doi.org/10.1142/s1363919619500075.
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Technology business incubators support economic growth by developing innovative technologies. However, assessing the performance of technology business incubators in Saudi Arabia has not been well recognised. This study provides a conceptual framework for assessing technology business incubators based on knowledge sharing practices and sharing, diffusion of innovation and individual creativity. Partial least squares structural equation modelling, such as (PLS-SEM) path modelling was used to test the model. The results provide empirical insights about the performance of technology business incubators. The findings show knowledge donation and collection has positive effects on technology business incubator. The importance–performance map analysis shows additional findings and conclusions for managerial actions.
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Adelia Rahma and Sudarmiatin Sudarmiatin. "The Development of Business Incubators in Universities in Building Business Start-Ups: Systematic Literature Review (SLR)." Brilliant International Journal Of Management And Tourism 3, no. 2 (May 9, 2023): 51–66. http://dx.doi.org/10.55606/bijmt.v3i2.1387.
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One place for students who want to learn about entrepreneurship through entrepreneurship learning with a business incubator. Entrepreneurship learning in tertiary institutions through business incubators is expected by the Indonesian government in building Start-Ups. especially college. The purpose of this study was to determine the effectiveness of entrepreneurship learning through business incubators in building start-ups in tertiary institutions. The method used in this research is Systematic Literature Review (SLR) by collecting and analyzing journals related to keywords. Based on the literature study conducted, it was found that the management of business incubators in tertiary institutions has been going well, this can be proven by the existence of an organizational structure, the proper management of business incubators according to their duties and responsibilities, facilities and infrastructure that are quite complete, and various different types of programs. work with the same goal of growing strat-up souls. The role of the business incubator in cultivating young strat-ups in college is quite good. The results of this research have implications for two things. First, universities are expected to continue to upgrade entrepreneurship learning in a creative, innovative and adaptive manner. Second, the government is expected to continue to improve and equip incubator facilities evenly and improve mentoring/training programs for students
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Cristina Cabral Ribeiro, Priscilla, Kyane Alves de Matos Freire, Katherine M. Chudoba, and Thiago Borges Renault. "Business incubators in Brazil: realities and challenges." Revista Gestão da Produção Operações e Sistemas 17, no. 4 (December 19, 2022): 62–85. http://dx.doi.org/10.15675/gepros.v17i4.2943.
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Purpose - The purpose of this paper is to describe five business incubators in Brazil through the Triple Helix model, their realities and challenges. Theoretical framework – A discussion of Business incubators, Triple Helix and the use of Information and Communication Technologies in incubators are the main lenses used to support the research. Design/methodology/approach – For this purpose, five case studies of incubators in the Northern and Southern Regions of Brazil were used. The paper uses a qualitative approach and collects data through semi-structured interviews. To analyze the results, the theory was compared to the findings from the field research. Findings - The results showed that most incubators are in public universities, the majority focus on technology, and some are diverse (social and cultural). Some internal and external partners help them with financial support. One of the challenges (maybe the most important) is a set of constraints because some lecturers cannot understand how to use academic knowledge in consultancy. Research, Practical & Social implications – The differences found between incubator categories are in the results that lead to this business model being more complex than it is in reality. The presentation of different incubator realities and challenges focusing on the discussion of ‘selling’ knowledge, the use of public resources by private enterprises, are the practical and social implications. Originality/value - The main contribution is to show the reality of these incubators, the empirical results, adding a new perspective to the discussion. Keywords - Business incubators; Challenges; Triple Helix; Information and Communication Technology.
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Antunes, Luiz Guilherme Rodrigues, Cleber Carvalho de Castro, and Andrea Ap da Costa Mineiro. "Network orchestration: new role of business incubators?" Innovation & Management Review 18, no. 1 (March 11, 2021): 51–68. http://dx.doi.org/10.1108/inmr-12-2019-0151.
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Purpose The purpose of this paper is to analyze the performance of incubators in the stages of formation and development of incubated business networks, especially in bottom-up and top-down network models. Design/methodology/approach The research is defined as qualitative and descriptive, with the application of multiple case studies, in which two networks of incubated businesses were investigated, one being top-down and the other bottom-up, which emerged within the incubation process of two business incubators (CIETEC and INCIT). To make the study operational, 11 semi-structured interviews were carried out and the thematic analysis of content was developed. Findings The results pointed out that in the top-down network the incubator performs a new assignment, the network orchestration, which corresponds to the actions of formation, coordination and governance of the group. In the bottom-up network, it was found that the role of the incubator was to expand the value offers usually practiced. Research limitations/implications As a limitation of the research, the very limitation of case studies is pointed out that is they do not allow for generalizations. Practical implications The research contributes to reflections on the effectiveness of the incubator and sheds light on the complementarity of networks in incubation processes, providing gains for incubators, incubated businesses and society. Originality/value The originality of this document is the new role of the incubator, which is orchestration, and its categorization. The results allow us to understand the effects of providing networks and relationships for incubated businesses. In addition, this study broadens the focus of traditional analyses of the incubator–incubated duo to consider the incubator–network–incubated trio.
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Harima, Aki, Julia Freudenberg, and Jantje Halberstadt. "Functional domains of business incubators for refugee entrepreneurs." Journal of Enterprising Communities: People and Places in the Global Economy 14, no. 5 (March 18, 2019): 687–711. http://dx.doi.org/10.1108/jec-11-2018-0081.
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Purpose The purpose of this paper is to conceptualize business incubators and their support for entrepreneurial refugees. While the number of initiatives supporting refugees’ entrepreneurial activities has increased in recent years, we still know little about how they differ from other types of business incubators. Design/methodology/approach This case study investigates a business incubator in Hamburg, Germany, targeting enterprising refugees. For this paper, 14 in-depth interviews with program participants and incubation managers were conducted. Findings This paper inductively derives five functional domains of refugee business incubators: providing structured entrepreneurial knowledge; alleviating anxiety related to institutional differences; guiding through the process at the incubator and motivating participants; understanding and tapping into social capital in the host country; and providing soft support concerning personal matters. The findings show that business incubators could and possibly should address specific needs of refugees and that there is much room for improvement. This study suggests that the five domains listed above represent key characteristics that distinguish refugee business incubators from traditional business incubators. Practical implications This paper offers valuable practical insights for refugee business incubators, which need to consider and develop functional domains listed above. Because these kinds of incubators are a fairly recent phenomenon, there is a general lack of and need for blueprints. The findings of this paper suggest that business incubators could integrate and support entrepreneurial refugees provided that they consider the five functional domains identified here. The findings also provide evidence that entrepreneurship can be a possible means of vocational integration for refugees and one way of institutions and policy-makers in host country seeking to support refugees’ entrepreneurial activities, for example, by developing or subsidizing business incubators targeting refugees. Originality/value This paper’s contributions are twofold. First, this paper addresses a gap in the literature on refugee entrepreneurship by providing insights concerning the important role of support institutions. Second, this paper conceptualizes business incubators for enterprising refugees as a distinctive type of business incubators. This paper has, however, some limitations. Because it only considered a relatively small number of refugee entrepreneurs, it is difficult to generalize the findings. The cross-cultural setting of the empirical study, with its potential for linguistic and cultural misunderstandings, may have affected the results.
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Aydashev, M. S., M. M. Begentaev, S. A. Rakhimova, A. A. Titkov, and K. B. Kunanbaeva. "ANALYSIS OF EXPERIENCE OF LEADING BUSINESS INCUBATORS OF THE REPUBLIC OF KAZAKHSTAN AND PROPOSALS FOR DESIGNING A GENERAL FUNDAMENTAL ORGANIZATIONAL AND ECONOMIC CONCEPT OF FUNCTIONING OF A REGIONAL BUSINESS-INCUBATOR." Scientific Journal ECONOMIC SYSTEMS 1, no. 181 (2021): 135–45. http://dx.doi.org/10.29030/2309-2076-2021-14-2-135-145.
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In this article, the authors focus on the fact that business incubators play an important role in the development of entrepreneurial education. The article analyzes the leading business incubators of Kazakhstan, highlights the main areas of their work, the functions of business incubators, identifies145 МИРОВАЯ ЭКОНОМИКА И ЗАРУБЕЖНЫЙ ОПЫТ the main systemic and frequent problems. The article formulates proposals for the design of a general fundamental concept of the functioning of a regional business incubator.
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Novanda, Ridha Rizki. "Initiation of the establishment of a technology business incubator at university for agripreneurship (study case at Bengkulu University, Indonesia)." Journal of Innovations and Sustainability 6, no. 2 (June 19, 2022): 04. http://dx.doi.org/10.51599/is.2022.06.02.04.
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Purpose. This paper aims to analyze aspects related to the establishment of business incubators at Bengkulu University as well as what factors are most expected by students towards the establishment of technology business incubators at this university.
Results. The results of data collection were processed using the partial least square method to analyze aspects related to the establishment of business incubators at Bengkulu University as well as factors are most expected by students towards the formation of technology business incubators at this university. This research show that support variables were found had a significant effect on the initiation of the Technology Business Incubator at Bengkulu University. Support is providing research and business development assistance and access to technology used for students in agripreneurship. Support is the latent variable requested by five manifest variables: (1) access partnership programs from the ministry, (2) professional network access, (3) technology access, (4) access international relations, and (5) job creation.
Scientific novelty. Support variables were found had a significant effect on the initiation of the Technology Business Incubator at Bengkulu University. This research explains a lot about the novelty of the type of establishment of pilot incubators in universities in poor areas.
Practical value. The results are useful in initiating the creation of a business incubator that meets the requirements. The results of this study can be used as a reference in establishing a business incubator at the university level. It is important to ensure access to funding, to professional services, to technology, to international relations, and an understanding of the importance of creating jobs.
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Khizhnyak, R. S. "Entrepreneurial approach to the business incubator: a business models based of «Shared Value Canvas» and «Diversified Markets Canvas»." Business Strategies, no. 7 (August 9, 2018): 18–22. http://dx.doi.org/10.17747/2311-7184-2018-7-18-22.
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Innovations is the key driver for the developed countries intense economic growth. Small innovative ventures play a major role in the creation and development of the innovations. Any innovation implementation entails high risks. To reduce the risks the state has to come up with innovations support and incentives system which incorporates business-incubators as one of its elements. The most effective business incubators performance analysis results were used for development of business incubators successful operations basics. One of them is as follows: “A business incubator should be treated as business”. This statement is the cornerstone of the present article covering the particulars of technological business incubators business models development to be used as business planning and evaluation basics.
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Sutama, I. Ketut, I. Ketut Pasek, and I. Gede Mudana. "Business Incubators Support College Performance." Soshum : Jurnal Sosial dan Humaniora 8, no. 1 (March 30, 2018): 33. http://dx.doi.org/10.31940/soshum.v8i1.623.
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Business incubators have a very important role in developing entrepreneurship, since it gives large opportunity to its participants to develop their business skill during incubation. The Indonesian government today provides a major boost to the development of business incubators in universities or other form of higher education institutions. The purpose of this research is to analyze the validation of the establishment of business incubator in colleges. In Ministerial Regulation (Permen) Minister of Cooperation and Small Medium Entrepreneurship the Republic of Indonesia No. 24/2015 explained that the head of the university, the Rector or the Director may issue a business incubators license. Thus, internal validation can be done by university or college management through the issuance of Decree (SK) Establishment complete with personnel appointed as manager. Furthermore, the college, has to provide a place or room consisting of office space, tenant room at least 3, discussion room 1, and tenant production display room. External validation is carried out by tenants through their success of becoming independent businessmen after being forged or incubated in a business incubator for a maximum of 3 years in one incubation period.
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Öberg, Christina, Markus Klinton, and Helen Stockhult. "Inside the incubator – business relationship creations among incubated firms." Journal of Business & Industrial Marketing 35, no. 11 (April 17, 2020): 1767–84. http://dx.doi.org/10.1108/jbim-12-2018-0391.
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Purpose Incubators, as providers of advice and resources, suggest fostering the development of early-idea firms. Literature and practice seem to suggest an ever-increasing amount of incubator support. The creation of business relationships is at the heart of any business development, and this paper addresses whether a laissez-faire incubator fosters the creation of business relationships. The purpose of this paper is to explore the creation of business relationships among incubated firms during and after their time in the incubator along with the roles that these relationships play for the incubated firms. Design/methodology/approach Empirically, the paper is based on retrospective interviews with representatives of all incubated firms in a university incubator. A total of fifteen interviews were conducted with representatives of the incubated firms, the incubator and its owners, complemented by secondary data sources. Findings The paper points out three antecedents for business relationship creation: the lack of experience and connections; convenience; and trust based on the interactions with others in the incubator. These antecedents are connected to the roles of transforming businesses and of adaptation in the dyadic relationships. The laissez-faire incubator helped through the learning-by-doing among the incubated firms, which made them focus on business relationship creation from early on. Originality/value Most incubator research portrays the unilateral transfer of knowledge from the incubator to the incubated firm, with the latter being a service taker rather than a co-producer. The paper adds knowledge about business relationships among firms in incubators and the roles that these business relationships could play for the firms. The focus on an incubator providing limited support is of high practical relevance, given the trend of incubators facilitating more and more services.
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Al-Mubaraki, Hanadi Mubarak, and Michael Busler. "Business Incubators." Global Business Review 11, no. 1 (January 2010): 1–20. http://dx.doi.org/10.1177/097215090901100101.
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NESTORENKO, Tetyana, Aleksander OSTENDA, Yurii KRAVCHYK, and Oleksandr NESTORENKO. "Entrepreneurship and universities: a place of academic business incubators." Ukrainian Journal of Applied Economics and Technology 7, no. 1 (January 26, 2022): 63–71. http://dx.doi.org/10.36887/2415-8453-2022-1-7.
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Abstract The article examines the issues of entrepreneurship support through the development of academic (university) business incubators. The experience of foreign universities in supporting entrepreneurship of students, graduates and university staff has been studied. The mechanism of creation of an academic business incubator within the limits of realization of the program on assistance to creation of a steady network of business incubators in Zaporizhzhia region is considered. Trends in the development of academic entrepreneurship based on of Berdyansk State Pedagogical University in the conditions of quarantine restrictions are determined. The use of incubators and accelerators as institutions to promote the development of new business enterprises has grown worldwide in recent years. There is a significant increase in the number of (academic) university business incubators, which are incubators located in universities and closely integrated with the activities of universities for the development and dissemination of knowledge. The universities and the education system must create an enabling environment for young people to develop their thinking as an employee and an employer. It is necessary to prepare students and teachers to improve entrepreneurial skills and knowledge to create jobs. Keywords: entrepreneurship, university, academic business incubator, entrepreneurial skills, training
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Ssekiziyivu, Bob, Rogers Mwesigwa, Eunice Kabahinda, Sharon Lakareber, and Florence Nakajubi. "Strengthening business incubation practices among startup firms. Evidence from Ugandan communities." Journal of Enterprising Communities: People and Places in the Global Economy 17, no. 2 (December 17, 2021): 498–518. http://dx.doi.org/10.1108/jec-08-2021-0131.
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Purpose The purpose of this paper is to provide the initial evidence on the role of business incubation (BI) in supporting startups and BI practices from developing communities in Uganda. Design/methodology/approach This study is cross-sectional and a triangulation of quantitative and qualitative data were used. Data were collected by means of a questionnaire and an interview guide from 28 incubators. Findings Results indicate that business incubators play different roles in communities such as business assistance, networking, provision of necessary infrastructure and provision of an enabling environment. Furthermore, BI practices were identified such as networking, human resource, tenant management and assessment practices. Research limitations/implications This study was cross-sectional and thus monitoring changes in behavior of incubatees overtime was not possible. The study was conducted in Uganda, and it is possible that the results of this study can be generalized to developing communities with environments similar to that of Uganda. Practical implications The results are important for business incubators in improving the sustainability of startups in Uganda. The study will enable business incubators to understand their role and incubator practices in as far as supporting small and medium-sized enterprises is concerned. Originality/value While there have been a number of studies on BI, this study provides an initial empirical evidence on the role of BI and BI practices using evidence from developing communities in Uganda.
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Marques, Samuel Carvalho de Azevedo, Hugo Saba, Ingrid Winkler, and Aloisio Santos Nascimento Filho. "Business Incubators and Sustainability: A Literature Review." International Journal of Advanced Engineering Research and Science 9, no. 9 (2022): 471–82. http://dx.doi.org/10.22161/ijaers.99.51.
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Incubators are models to support entrepreneurship, being central to economic growth and as catalysts for the formation of new business. Incubators have a practical relevance as an effective mechanism to support small business development. In relation to the sustainability, however, few authors have explored the notion of incubation for sustainability to meet global development agendas. The incubator-sustainability relationship in practice can support sustainable development through new companies and incubators profiled on sustainable. Few attentions have been given to the engagement of incubators in activities aimed at sustainable development. In this sense, the present study aims to investigate the application of the term sustainability in studies on business incubators. For this a literature review study was conducted, based on the Preferred Reporting Items for Systematic reviews and Meta-Analyses (PRISMA) and bibliometric techniques. This review identifies links between incubators and sustainability and observes differences in the application of the notion of sustainability. From the analysis updated terms emerges related to sustainability may represent trends and new areas of interest. The findings of the review highlight that knowledge is expanding and still need to be deepened for strengthen the role of incubators in sustainable development. As limitations, we can highlight the lack of clear definition of concepts and a research agenda on the topic. At the end, it is suggested that future work may expand the research on incubators and sustainability.
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Napitu, Ulung, Corry, Anggiat Sinurat, Tuangkus Harianja, Ease Arent, Mardiani, Ade MeyLisca Nasution, and Hasian Napitu. "SOSIALISASI PERAN PERGURUAN TINGGI DAN AKADEMISI SEBAGAI INKUBATOR BISNIS DALAM PENGUATAN KOPERASI SEBAGAI LEMBAGA EKONOMI KERAKYATAN MENUJU KOPERASI MODERN BAGI PELAKU UKM DI SUMATERA UTARA." Jurnal Pengabdian Masyarakat Sapangambei Manoktok Hitei 2, no. 1 (March 31, 2022): 43–59. http://dx.doi.org/10.36985/jpmsm.v2i1.16.
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This community service aims to provide an understanding that universities and academics act as business incubators for developing small and medium enterprises. In order to support the growth and development of SMEs, there needs to be a synergy from various parties ranging from academia, industry, and universities as stakeholders. The business incubator is a place used by many developing countries, including Indonesia, as a means of developing new businesses and/or small and medium enterprises (SMEs). The business incubator itself is an institution that oversees a business incubation in the coaching process for small businesses and/or new product development as well as the provision of business facilities and infrastructure, business development, and management and technology support. The availability of skilled labor needed by the Business and Work World (DUKA) is still very low. This is revealed from data from the Central Statistics Agency (BPS) which was announced in February 2020, which was around 13%. This condition is a challenge for universities not to exacerbate this condition by introducing an early work environment to students, so that theycan become graduates according to the needs of the job market, either as employees or business owners through student business incubators at universities. The Business Incubator is a form of Academic Entrepreneurship adapted to the industrial era 4.0 based on the use of electronic media and the internet. To socialize the community service material to SME business actors, the lecture method and question-and-answer method are used for 90 minutes. The results of the socialization have further increased the understanding of the community and SMEs about the importance of developing business incubators as business facilities and infrastructure in business development
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Napitu, Ulung, Corry, Anggiat Sinurat, Tuangkus Harianja, Ease Arent, Mardiani, Ade MeyLisca Nasution, and Hasian Napitu. "SOSIALISASI PERAN PERGURUAN TINGGI DAN AKADEMISI SEBAGAI INKUBATOR BISNIS DALAM PENGUATAN KOPERASI SEBAGAI LEMBAGA EKONOMI KERAKYATAN MENUJU KOPERASI MODERN BAGI PELAKU UKM DI SUMATERA UTARA." Jurnal Pengabdian Masyarakat Sapangambei Manoktok Hitei 2, no. 1 (February 17, 2023): 43–59. http://dx.doi.org/10.36985/jpmsm.v2i1.503.
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This community service aims to provide an understanding that universities and academics act as business incubators for developing small and medium enterprises. In order to support the growth and development of SMEs, there needs to be a synergy from various parties ranging from academia, industry, and universities as stakeholders. The business incubator is a place used by many developing countries, including Indonesia, as a means of developing new businesses and/or small and medium enterprises (SMEs). The business incubator itself is an institution that oversees a business incubation in the coaching process for small businesses and/or new product development as well as the provision of business facilities and infrastructure, business development, and management and technology support. The availability of skilled labor needed by the Business and Work World (DUKA) is still very low. This is revealed from data from the Central Statistics Agency (BPS) which was announced in February 2020, which was around 13%. This condition is a challenge for universities not to exacerbate this condition by introducing an early work environment to students, so that theycan become graduates according to the needs of the job market, either as employees or business owners through student business incubators at universities. The Business Incubator is a form of Academic Entrepreneurship adapted to the industrial era 4.0 based on the use of electronic media and the internet. To socialize the community service material to SME business actors, the lecture method and question-and-answer method are used for 90 minutes. The results of the socialization have further increased the understanding of the community and SMEs about the importance of developing business incubators as business facilities and infrastructure in business development
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Thiong’o, Mary Njeri, and Sunday Baba. "Assessment of incubators capacity building on agribusiness in Sudan." Journal of Agricultural Science and Practice 4, no. 6 (December 30, 2019): 170–72. http://dx.doi.org/10.31248/jasp2019.172.
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The purpose of this paper was to assess the impact of incubation on growth of agribusiness in Africa. The target population for this paper was incubators based in Sudan. The research comprised of 160 youth incubators (from four States). Data was collected using structured questionnaires and interviews from the selected respondents. The finding showed that all the incubations reviewed had good facilities to conduct training. Most of the training offered by incubations were to increase the productivities and very few trainings on promotion of the business. These findings revealed that incubators in Sudan lacked critical knowledge to fully develop agribusiness owned by the youths into high profitable business. The findings confirmed that agribusiness incubators in Sudan ranked very low on business case skills, collaboration and partnership, analytical and problem-solving skills, financial fundamentals, team work and sales skills which are the core aspects of business growth. This study concludes that the significance of the business incubation on growth of youth agribusiness enterprises is directly proportion to capacity of the incubators. Based on the findings, there is need for incubators in Africa across all sectors to build their capacity to become effective in supporting startups.
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Nachevskiy, M. V. "Key Principles of Governing Business-Incubator in University." Vestnik of the Plekhanov Russian University of Economics, no. 5 (October 7, 2022): 218–27. http://dx.doi.org/10.21686/2413-2829-2022-5-218-227.
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Efficiency of economy development directly depends on implementation of measures supporting business entities, including upgrading entrepreneurial infrastructure. This problem was repeatedly discussed at the highest level of state governance of the Russian Federation, in particular within the frames of the President of Russian address to the Federal Assembly in 2021. Business-incubators are a key element of such infrastructure. It should be pointed out that specialized literature has not thoroughly studied the issue of business-incubators functions in today’s economy. In general these functions can be differentiated in accordance with the stage of macro-economic development and overall strategy of finance and economic policy observed within the frames of a concrete state, depending on geopolitical situation, trends in global economy changes, possible foreign economic preferences and risks. Effectiveness of today’s incubator development, viewed both in finance and social aspect directly depends on the quality of methodological tools of their functioning efficiency appraisal. The article gives a classification of business-incubators by a number of important economic and managerial criteria, which gives a chance to find their most preferable type depending on strategic goals and objectives of developing the incubator’s founder and general functioning requirements of the relative territorial (federal, regional or municipal) system of entrepreneurial work support. The author underlines that today’s business-incubator should possess a multi-sectoral character, it should be set up for the conventionally unlimited period, provide system and various finance support to residents , be integrated into space of digital economy, realize its own education programs of different profile and have a preventive model of management. Business-incubator is considered in two aspects. In a wider sense it is a specialized social and economic institution oriented to provision of long-term rise in intensity and finance and economic efficiency of entrepreneurial activity at the expense of favorable conditions for locating potentially competitive businessstructures at the initial stage of their life cycles on special territories. In the narrower sense business-incubator is an entity of territorial (federal, regional or municipal) system of supporting entrepreneurial initiatives, which could ensure their progressive development at the expense of providing production, technological, finance, information, consultative and other resources on preference or free of charge basis.
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Kötting, Michael. "Corporate incubators as knowledge brokers between business units and ventures." European Journal of Innovation Management 23, no. 3 (July 4, 2019): 474–99. http://dx.doi.org/10.1108/ejim-12-2017-0201.
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Purpose Through digitization and globalization, corporate incubators have gained new relevance as tool to foster innovation within established companies. Although many studies address business incubators in general, the specifics of corporate incubators are often neglected in the literature. The paper aims to discuss this issue. Design/methodology/approach The author systematically reviewed academic articles regarding corporate incubation, published in peer-reviewed journals. In the course of a subsequent analysis, open questions for further research were identified and addressed. Findings Corporate incubators differ significantly from business incubators. Based on an analysis of 45 academic papers, the main features of corporate incubators have been identified and addressed. Originality/value The present work suggests that it is one of the first that systematically analyze the literature on corporate incubation. Based on the literature review, a holistic framework was constructed that highlights the different elements of corporate incubation and also considers the incubator as knowledge broker between business units and ventures.
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Fithri, Prima, Alizar Hasan, Syafrizal Syafrizal, and Donard Games. "Enhancing Business Incubator Performances from Knowledge-Based Perspectives." Sustainability 16, no. 15 (July 23, 2024): 6303. http://dx.doi.org/10.3390/su16156303.
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The rapid evolution of technology has reshaped the global economy, intensified competition, and prompted industry players to embrace innovation to maintain sustained competitiveness. In Indonesia, business incubators, overseen by universities and provincial/city governments, are pivotal. However, understanding the determinants of business incubator performance remains limited. This study investigates 24 statement items aiming to uncover the factors influencing technology business incubators in Indonesia, focusing on knowledge management as a mediating variable from a knowledge-based perspective. Employing a quantitative approach, structural equation modeling (SEM) is utilized to scrutinize these factors’ impact on business incubator performance. The findings reveal that knowledge management serves as a full and partial mediator among funding support, government assistance, incubator governance, and business incubator technology performance. This research offers valuable insights for entrepreneurs and stakeholders by emphasizing the significance of funding, governmental backing, incubator governance, and knowledge management in enhancing incubator business technology performance in Indonesia.
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Karitu, Beatrice, and Stephen Muathe. "The New Venture Creation Approach: The Role of Business Incubators in Kenya." International Journal of Research and Innovation in Social Science VII, no. V (2023): 1431–41. http://dx.doi.org/10.47772/ijriss.2023.70609.
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New ventures are source of innovation and change, although there are many success cases many new ventures quite before they have fulfilled their potential. Despite the growing number of business incubation amenities, the area of incubators and new venture creation is understudied. The goal of this study was to investigate the role of business incubators on new venture creation in Kenya. This study was underpinned by the Economic theory of Mark Casson, Schumpeter’s theory of Innovation, Dynamic Capability View and Theory of Business Incubators. The study used desktop analysis of existing literature on business incubations and new venture creation. The study found that business incubators are critical in naturing and developing new ventures and they are also effective in new venture creation. Several studies have focused primarily on the exterior perspective, ignoring the interior perspective, in which the entrepreneur plays a significant influence. Moreover, the studies on business incubators and the development of new ventures have been conducted in industrialized nations, yet only a few have been conducted in developing nations. Most of the study on business incubators and new venture creation had employed single research design and thus no single design is perfect. The study recommended combination of descriptive and explanatory research design to be used. Multiple regression model to be used to analyse the direct, mediating and moderating effect of business incubators and new venture creation. The reviewed studies focused on government business incubators and new venture creation. This study recommended a study on business incubators and new venture creation focusing on business incubators in universities in Kenya.
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Kiani Mavi, Reza, Hamed Gheibdoust, Ahmad A. Khanfar, and Neda Kiani Mavi. "Ranking factors influencing strategic management of university business incubators with ANP." Management Decision 57, no. 12 (December 5, 2019): 3492–510. http://dx.doi.org/10.1108/md-06-2018-0688.
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Purpose Universities play a central role in scientific development and progress in societies, so, the need for supporting new businesses in universities becomes very important that science and technology park-based incubators can meet it. The purpose of this paper is to prioritize the factors influencing strategic management of university business incubators (UBIs). Design/methodology/approach Present research prioritizes the factors influencing strategic management of incubators using analytic network process (ANP). The authors gathered data from UBIs affiliated with science and technology park of Guilan, located in city of Rasht (Iran) using the ANP questionnaire during year 2017. Findings Factors influencing strategic management of incubators comprised of four main criteria and 14 sub-criteria. The criteria and sub-criteria were ranked based on their importance. Results show that “talented managers” has the highest importance for strategic management of UBIs. Originality/value This study offers a novel analysis and contribution to the knowledge of ranking UBIs with a multi-criteria decision-making technique. Results of this research show the relative importance of criteria and sub-criteria, which contributes to further improvement of incubator management. University managers and incubator directors can utilize the findings for better resource allocation and aligning the strategies of incubators with macro strategies of the country.
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Doga-Mîrzac, Mariana. "Methodological Aspects Oriented to Structure the University Incubators." Accounting and Finance, no. 2(92) (2021): 124–29. http://dx.doi.org/10.33146/2307-9878-2021-2(92)-124-129.
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Business incubators that are hosted by universities provide researchers and students from first cycle (undergraduate), second cycle (master), and third cycle (PhD) with ample opportunities for self-realization. However, these incubators primarily offer support in advising and developing new projects, such as creating competencies in research and applying new technologies, but they do not fully provide the entrepreneurial culture and leadership skills necessary for young entrepreneurs to turn ideas into reality. In this regard, it is very important to elaborate and create the structure of internal and external processes of the incubator right from the beginning. It is necessary to substantiate in detail the allocation of each element and determine the stakeholders and the type of activity, that form the model for structure and functionality of a business incubator hosted by a university. The purpose of the article is to reveal the methodological aspects oriented towards the formation of the structure and functioning of business incubators located in the academic environment which would allow the organization of internal and external processes for researchers and students of different cycles. It was found that the business incubator located within the University environment is a link within a complex system whose success depends on external factors, such as the macroeconomic situation, legal system in which the incubator carries out its activity and entrepreneurial culture, but also on internal factors, such as: technical-scientific, the abilities of the academic (university) staff, team activity, access to financial sources and programs, etc. The methodology of structuring university business incubators and their internal processes is an important factor in their development, as it provides an opportunity to evaluate and monitor the activities of these incubators.
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Mohammad Habibi. "Kaidah Pengembangan dan Penguatan Inkubator Dalam Usaha Kecil Menengah (UKM)." MAMEN: Jurnal Manajemen 1, no. 3 (July 30, 2022): 371–77. http://dx.doi.org/10.55123/mamen.v1i3.715.
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This research is a business Incubator rule as a demand from the global economy, which occurs because of a rapid and very significant change where government rules and policies to help Small and Medium Enterprises (SMEs) survive during the crisis must be really effective. SMEs run effectively, namely through the identification of transmission lines that have an impact on SMEs and crisis mitigation measures, with a business strengthening, economic activities in East Java will be good from a business perspective through incubators. This research method uses a qualitative data approach with a system of people from various circles and finds out information about SME incubators in East Java where the system is used with an interview model for incubators and surveys to respondents as well as various characteristics of SMEs in East Java. The results and discussion of business principles that must be carried out by SME incubators are: a) Business vision and goals, be responsible. b) Values in the rules guide top-level executives according to organizational values. c) strength (strength) weakness (weakness) opportunities (opportunities) threats (threats) as a whole. This analysis belongs to the reinforcement rule, because it is possible to rely on its strength as an advantage. d) Tactics of efficiency work operational business principles. time and effort. e) resource allocation, structured, responsible f) measurement of business principles to track performance outputs, targets for launching rules and the role of the incubator.
Keywords: incubator rules, strengthening, business development.
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Ghina, Astri, and Ina Sinaryanti. "The Learning Evaluation of Business Incubator's Role in Developing Technology-Based Startups at Technology Business Incubator." Asian Journal of Technology Management (AJTM) 14, no. 1 (2021): 35–56. http://dx.doi.org/10.12695/ajtm.2021.14.1.3.
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Abstract. Technology-based startup plays a vital role in improving the Indonesian economy. There are thousands of units of technology-based startups, though most of them are not adequately sustainable. The inadequacy is attributed to the fact that the products or services created are not in line with market needs and do not help understand business processes. Universities play an essential role in developing startups through business incubators to compete in the digital age. There is no conducive learning environment for business incubators in Indonesia, though the national standards are used. This research evaluates the learning process in a Technology Business Incubator in Bandung University using case study methods. Data is collected by performing in-depth interviews with three incubator managers and seven startup founders or tenants who have completed the incubation process. The business industry consists of education, design, printing, and fishery, while thehe interviews cover the process before, during, and after incubation, including the tenant's selection criteria and stages, learning processes in incubators and facilities, after graduation programs, and measurement of the impacts. The results show that the practices fit the ideal conditions, including training-focused and knowledge sharing session programs or skills, knowledge provisions, and expertise improvement programs for tenants, rental system facilities for graduates, and commercialization support. Furthermore, there are opportunities to improve several aspects, including developing tenant admission selection criteria, effective learning approaches, coaching, networking, and broader funding, graduation criteria, monitoring for graduates, and a more comprehensive range of impact measurement. This research helps guide business incubators to prioritize developing aspects of services. Moreover, evaluation using the mixed method is open for further investigation. Keywords: Business incubator, pre-incubation, main incubation, post-incubation, startup, learning evaluation