• Title/Summary/Keyword: Business Incubators

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Development Strateges for University Initiated Technology Business Ineubator (대학주도형 기술창업보육센터의 발전방향 - 해외사례연구를 중심으로 -)

  • 강병수;오덕성
    • Journal of the Korean Regional Science Association
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    • v.11 no.2
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    • pp.63-86
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    • 1995
  • One of the innovative and most promising approaches to new high-tech business formation from university is technology business incubators, which attempts to enhance small high-tech start-up firms' chances of survival. To date, there is few comprehensive effort to do a comparative study of technology business incubatiors between European Countries and U.S. to evaluate the impacts of them on regional development. With these consideration in mind this research anlayzed key findings of 6 case studies of university related Technology Business Incubators in the U.K., Germany, and U.S. to explore relationship of university to regional development. These included Cambridge Science Park(CSP) '||'&'||' West of Scotland Science Park in the U.K., Dortmund Technologiezentrum '||'&'||' Berlin Technologiezentrum, and Rensselaer Technology Development Center of the Georgia Institute of Technology in the U.S. The primary objective of this study was to advance our understanding of the impact and utility of technology business incubators and to get some policy implications for the future development in this area in Korea. Among the major question examined hear was "how do they contribute the overall economy of the communities in which they are located\ulcorner". The results of the case study about this question were very positive. The technology business incubators contributed to foster new high-tech small business formation from university, to facilitate the cooperation between university and industry and Incubator tenants created jobs and income, pay taxes, and in doing so, had a multiplier effects on the local economy. The same was true of incubator graduates. With this consideration in mind the university related business regioned development policy in korean local communities.

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Development of Evaluation Model in Telecommunication Business Incubator (정보통신 창업보육센터 평가모델 개발)

  • 최종호;이상석
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.27 no.11C
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    • pp.1189-1195
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    • 2002
  • Recently, a number of Telecommunication Business Incubators have been established and operated with aims to promote start-ups of small and venture business. To give satisfactory results of governmental policy, there are required developing the evaluation model to support effective operations of business incubators using the objective and rational criteria. This study based on classification of evaluation factors by analytic hierarchy process. We analysed the weights of this factors and suggested the evaluation model of business incubator using the evaluation scale. Also, we evaluated 39 business incubators by suggested model, and were revealed the scores of ranging from 67 to 77 in the graduated firm's data from business incubators.

Development of Evaluation Model in Business Incubator Using Data Mining Process (데이터마이닝을 이용한 창업보육센터의 평가모델 개발)

  • Lee, Dong-Youb;Kim, Jin-Wook
    • IE interfaces
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    • v.20 no.3
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    • pp.387-394
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    • 2007
  • Numerous countries promote business programs to revitalize local economy, increase employment, and nurture high-tech industries. Recently, a number of business incubators have been established and operated with aims to adapt to changing environment and increase economic competitiveness in Korea. To give satisfactory results of governmental policy, the requirement to develop the evaluation model to support effective operations of business incubators using the objective and rational criteria is growing. The purpose of this study is to develop evaluation model in Business Incubator using Data Mining Process. We suggested the evaluation model of business incubator, 'Score-5 RS' consists of making evaluation factor process using weighted sum and 5-grade classification and analyzing process by Decision Tree algorithm.

A Study on the Evaluation of Business Incubator Using the Analytic Hierarchy Process (AHP를 이용한 창업보육센터의 평가에 관한 연구)

  • 이상석
    • Korean Management Science Review
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    • v.19 no.1
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    • pp.163-178
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    • 2002
  • Numerous countries promote business incubator programs to revitalize local economy, increase employment, and nurture high-tech industries. Recently, a number of business incubators have been established and operated with alms to adapt to changing environment and increase economic competitiveness in Korea. This study based on critical success factors for effective operations of business incubator, and we suggest followings :1 ) goa1/operations strategy, 2) physical/human resources, 3) Incubator services, 4) networked program. We analysed the weights of this factors by AHP (Analytic Hierarchy Process). Also, we evaluated the business incubators by suggested model, and were revealed the scores ranging from 67 to 77 in the graduated firm's data from business incubators.

A Scrutiny of the Essence of Business Incubators in the Distribution Sector

  • ERESIA-EKE, Chukuakadibia;IWU, Chux Gervase;JAIYEOLA, Afeez Olalekan;MUSIKAVANHU, Tichaona Buzy
    • Journal of Distribution Science
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    • v.17 no.6
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    • pp.5-13
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    • 2019
  • Purpose - The potential for small businesses in the distribution sector to contribute to socio-economic development remains largely inert due to a litany of challenges that they face. Incubators have emerged as the 'silver bullet' for most of the problems but the extent to which they are effectively helping small business overcome their challenges remains debatable. This study seeks to determine the core reasons why respondents enrolled in an incubator, the essence of the incubator and the extent to which the incubator performance is satisfactory. Research design, data, and methodology - A positivist philosophical approach was adopted for the study. This quantitative study used a survey method to collect data from incubatees in a cross-sectional manner. The data were subsequently analysed to generate necessary insights. Results - Results reveal that the gender composition of incubatees is severely skewed in favour of males. Also, most incubatees enrolled in the incubators with a hope that it would ease their pathway to big businesses, financiers and business registration institutions, and it is not. Conclusion - Incubators are mostly inward-looking and are adept at offering training interventions. To improve the effectiveness of incubators, it is necessary to invest efforts in attracting more females and building networks with key external stakeholders that could possibly assist the incubatees establish and grow their businesses.

Performance of Business Incubator According to Operating System and Manager Characteristic (창업보육센터 운영시스템과 매니저 특성에 따른 성과에 관한 연구)

  • Park, Dong-Yoel;Ha, Kyu-Soo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.12
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    • pp.7118-7133
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    • 2014
  • To derive an efficient operating system for business incubators, this study examined the operating performance according to incubator operating system and incubator manager. The survey targets were tenants of business incubators and factor analysis. Regression analysis was performed according to the reliability analysis, correlation analysis, regression analysis and parameter using the 19 Ver program SPSS analysis. As a result, the business incubators and business incubators operating system were found to be an important factor and among these, the H / W and system S / W systems were identified as significantly influential factors. On the other hand, this hypothesis of the performance of the support system and characteristics of the incubator manager was rejected for the variable parameters, which always appear to influence the other characteristic factors of the manager. Operational performance can be divided into an incubator performance center and tenant's performance, and the performance of the tenants were analyzed by the significant effect on the managers characteristics.

Technology Transfer and Entrepreneurial Development through University Business Incubation Process in Thailand

  • Wonglimpiyarat, Jarunee
    • World Technopolis Review
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    • v.3 no.2
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    • pp.78-88
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    • 2014
  • This study is concerned with the process of technology transfer and commercialization. It is focused on the entrepreneurial development through the university business incubation process of Thailand. The study analyzes the leading university business incubators (UBIs) as well as major science and technology incubators to understand the strategies for commercialization of technology. The analyses of results, based on the Triple Helix model, have shown that the incubation program is one of the major policy mechanisms to support innovation and suggested that UBIs should act as an intermediary between the spheres of university and industry to provide interactive linkages and promote effective utilization of university research. The empirical study provides theoretical and managerial implications on the government policies to support the entrepreneurial development, innovation development and diffusion.

Book review: State of Entrepreneurship Support through Incubators in India

  • Loganathan, Muralidharan
    • Asian Journal of Innovation and Policy
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    • v.10 no.1
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    • pp.155-158
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    • 2021
  • Entrepreneurial ecosystem is a very active area of research both conceptually and empirically, yet most literature that emerged over the last two decades predominantly pertain to developed economies. At the same time, transitioning and emerging economies have continued to grow rapidly, making a strong case to study entrepreneurial ecosystems in emerging economies (Bruton et al., 2018). Ecosystems are broad constructs and the constitutive elements of an ecosystem are themselves complex (Stam, 2015). Hence exploring key elements of the ecosystem in depth to understand the mechanisms of how entrepreneurship is supported through intermediary organizations like incubators is a fruitful exercise. In this context, we review the book "Technology Business Incubators in India Structure, Role and Performance" which is a timely synthesis for academic researchers and practitioners, looking to explore the topic as it pertains to emerging economies. The book is part of the De Gruyter Studies in Knowledge Management and Entrepreneurial Ecosystems series, that covers pertinent ecosystems issues around universities, and sustainability by leading authors.

Comparative Study of Business Incubation Policy in APEC Economies (아시아 태평양 경제협력 국가의 창업보육 정책 비교 연구)

  • Lee, Sung-Cheol
    • Journal of the Economic Geographical Society of Korea
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    • v.10 no.3
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    • pp.344-353
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    • 2007
  • Business incubators (BIs) could be regarded as an effective mechanism for linking research and industry to inspire technology and knowledge based entrepreneurship and innovation of start-up SMEs. The performance of BIs for small and medium enterprises (SMEs) innovation should be differentiated in accordance with the technology capacity of SMEs, the national entrepreneurial culture and characters in each economy. Therefore, the research intended to categorize BIs in the selected 10 APEC member economies into four types by investigating the issue of member economies' strategies, functions and characteristics in various focused programs.

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Effectiveness of Business Incubators' Tenants Support Strategies (창업보육센터의 입주기업 지원전략 효과 분석)

  • Limb, Seong-Joon;Kim, Chang-Kwon
    • The Journal of the Korea Contents Association
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    • v.11 no.11
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    • pp.390-400
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    • 2011
  • Conducting a large-scale survey to tenants of domestic business incubators(BI) in diverse growth stages, this study investigates the level of importance, satisfaction, and expectation-fulfillment perceived by tenants on various services of BI. Results of the study show that highly ranked BIs' support services in terms of importance and satisfaction levels perceived by tenants in various growth stages are quite different than highly ranked BIs' support services in terms of the expectation-fulfillment level which is measured by the gap between the level of perceived importance and satisfaction. Such findings should help BI formulating effective support and resource allocation strategies.