• Title/Summary/Keyword: Business incubation

Search Result 124, Processing Time 0.031 seconds

Knowledge Focused Networked Incubation : Case Study (지식중점 네트워크 인큐베이션 : 사례연구)

  • Wi, Kang-Soon
    • Korean small business review
    • /
    • v.43 no.4
    • /
    • pp.117-154
    • /
    • 2021
  • With the arrival of the Internet age, which is characterised by interconnection, the importance of networks is increasing in entrepreneurial activities and networked incubation (NI) has emerged as a mainstream concept in business incubation (BI). However, detailed studies on operation models of NI have been scarcely conducted. In this respect, this paper suggests a knowledge-focused networked incubation (KNI) model optimised for the study BI was established by theoretical analysis, and has been applied. The initial diagnosis of the effectiveness of the KNI model was also conducted through descriptive statistics, case studies, and the Industrial Depth Interview (IDI). This study is significant in that it has elaborated an NI operation model that meets the down-to-earth needs of incubatees and also is universally applicable.

A Collaborative Framework between Industry and Academia to Stimulate Entrepreneurship through Business Incubation

  • Chanakira, Maxwell;Kanhukamwe, Quinton C.
    • World Technopolis Review
    • /
    • v.5 no.1
    • /
    • pp.61-70
    • /
    • 2016
  • Entrepreneurship development has increasingly become a global solution to address the problem of rising unemployment. Science, Technology and Innovation (STI) have become important tools in improving the economic performance and social well-being of nations. When universities and industry work together to push the boundaries of knowledge, they become a powerful engine for innovation and economic growth. This paper is based on focus group interviews and discussions conducted with key players involved in the HIT-Sandown-UNDP Business Incubation Programme in Harare Zimbabwe. The business incubation project sought to support young Zimbabweans to transform their technical prototypes into commercially and socially viable ventures. As a result, a total of 10 prototypes were refined and investor ready business plans were developed for capital sourcing purposes. It was only through the coming together of the partners that real transformation of the lives of the participants was achieved through learning valuable business skills, coaching and mentoring. University-industry partnerships are a useful vehicle of setting up sustainable business incubation centres.

A study on the correlation between the objectives of being members and their request to activate the operation of Business Incubation Systems (창업보육센터 활성화를 위한 입주목적과 지원요구사항간의 상관관계에 관한 연구)

  • Park, Roh-Gook
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.28 no.3
    • /
    • pp.109-114
    • /
    • 2005
  • The founding purpose of Business Incubation System is to induce those businessmen who have technology and promising business ideas but are lacking fund, information, and management skill, and to speed up their business establishment and enhance the level of success by providing them with managerial knowledge, production technology, design, and equipment. While some universities made Business Incubation Center to achieve the above purpose, some other universities, especially the local ones, believed that Business Incubation Center, if managed successfully, could be an accelerator picking up the sluggish local economies. This study studied the motivators that let them move in an Incubating Center, their request for support, their level of expert utilization, and the role of head of a Center. This study found a significant level of correlation among the variables such as industrial-educational cooperation, the development of common items, utilization of professors with matching majors, utilization of research professors, and transfer of technology.

A Study on the Development of the Triple helix and University-Business incubation (트리플 힐릭스와 대학 창업보육의 발전방안)

  • Seol, Myung Hwan;Choi, Jong In
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.13 no.3
    • /
    • pp.99-112
    • /
    • 2018
  • This research focuses on the university-business incubation from the prospective of triple helix and summarizes complementary researches and develop plans for university-business incubation. To pursue these objectives, we analyzed the studies of triple helix on domestic as well as overseas university-business incubators and their collaboration. The findings of this study showed that firstly In order to innovate the business incubator of the university, it is necessary to secure sufficient competence for the capability. For this purpose, Research and policy implications from various perspectives must be preceded.. Second, the collaborative relationship of business incubations should lead to organic and dynamic cooperative relations instead of static cooperative partnerships. Furthermore, based on the internal innovation that runs the business incubation program together with bottom-up rather than top-down approach, it is necessary to plan incubation and lead the transformation through creative ideas. Third, for the dynamic collaboration of business incubation, the management and practice of the organization should be given priority so that the boundary spanning appropriate to each situation, which turn increase the absorption capacity. As a future direction, studies are expected to explore the development of innovative university-business incubation about boundary spanning and knowledge transformation.

A research for self-supporting management of business incubation center in region (지역 내 창업보육센터의 발전 방향에 대한 소고(小考))

  • Moon, Hyung-Joo;Choi, Kyo-Won;Hong, Ki-Hak;Lee, Gi-Sung;Son, Chang-Kyun
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.2 no.1
    • /
    • pp.1-14
    • /
    • 2007
  • In this paper we investigated the organization of regional business incubation center itself and that of companies in center and scrutinized the problems and obstacles to take self-supporting administration for both of center and companies in it. We classified the companies operating inside the center into four types according to the formation of organizations analyzed them, and proposed some solutions to enhance their operating abilities to obtain elf- supporting administration.

  • PDF

A research for self-supporting management of business incubation center in region (지역 내 창업보육센터의 발전 방향에 대한 소고(小考))

  • Moon, Hyung-Joo;Choi, Kyo-Won;Hong, Ki-Hak;Lee, Gi-Sung;Son, Chang-Kyun
    • 한국벤처창업학회:학술대회논문집
    • /
    • 2007.04a
    • /
    • pp.313-328
    • /
    • 2007
  • In this paper we investigated the organization of regional business incubation center itself and that of companies m center and scrutinized the problems and obstacles to take self-supporting administration for both of center and companies in it. We classified the companies operating inside the center into four types according to the formation of organizations analyzed them, and proposed some solutions to enhance their operating abilities to obtain elf-supporting administration.

  • PDF

A Study on Operating Technology Business Incubators: Forced on the Foreign Cases (기술창업보육 운영방안에 관한 연구 -외국사례를 중심으로-)

  • Kang, In-Seon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.6 no.3
    • /
    • pp.19-42
    • /
    • 2011
  • This research focuses on the case studies for operating scheme of technology venture incubation centers located at science parks, technology parks, and foreign universities. Technology venture incubation centers in foreign countries commonly vitalize local economy, create job markets, and promote new venture industry. There is a distinct difference in many ways between foreign and domestic incubation centers. Foreign countries consider the position of incubation centers at national policy level. They characterize the operation of incubation centers into technology fields. They install the networks cooperating with experts and promote the management. Tenant companies moved in incubation centers enhance the degree of completion through industry-university cooperation. Universities and research centers utilize the results of R&D to make the business, accelerate to venture establishment with technical skills, and foster technology entrepreneurs by spin-offs. Through case studies we propose implications helpful to manage domestic technology incubation centers and management methods to be successful centers.

  • PDF

The Nigerian Business Incubation Programme: The Moderating Role of Government Policy

  • Obaji, Nkem Okpa;Senin, Aslan Amat;Richards, Cameron Keith
    • Industrial Engineering and Management Systems
    • /
    • v.13 no.3
    • /
    • pp.330-341
    • /
    • 2014
  • An instrument which practitioners have acknowledged as an essential mechanism used in supporting greenhorn companies is the business incubation system. Several countries of the world have implemented the business incubation concept ever since it was conceived and developed in the United States in 1959. It is a model that has typically given itself much more readily within industrialized countries with identical environments to the United States. Nigeria also adapted it in 1993 where the resulting process and practice failed to live up to anticipations. To determine the significant role of government policy on the incubation dimensions and its success is the purpose of this research. Data collection process involved the surveying of stakeholders in Nigeria with some direct involvement in the national programme. The Partial Least Squares (PLS) was employed for the analysis. The findings showed that all exogenous variables collectively explained 52.4% of the variance in success. Meanwhile, when a moderation effect is present; the variable increased to 62.3%. Consequently, it is recommended that for a business incubation scheme to be successful and effective, government needs to implement efficient policies since results showed that these policies influenced all the relationships. The results' implications as well as limitations of the study are discussed.

Effects of Entrepreneurship Education and Students' Business Incubation Club on Youth Start-ups (창업교육과 창업동아리 경험이 청년창업에 미치는 영향)

  • Hong, Hyo Seog;Seol, Byung Moon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.8 no.2
    • /
    • pp.141-151
    • /
    • 2013
  • Korean entrepreneurship education is strongly driven by government policies. Government ask to university to enhance entrepreneurship training in university. Our study focus on the effects of entrepreneurship training such as entrepreneurship education and students' business incubation club activity. What is important for the entrepreneurship education and club, this paper suggests an comparative importance of entrepreneurship education to incubation club activity. As the result, Entrepreneurship education raises intentions to be entrepreneur generally. Incubation club activity has similar effects too but it is not clear based on regression results. Between training(education and club) experience and non-experience group, there are different to plan entrepreneurial intention and to receive entrepreneurial circumstances.

  • PDF

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

  • Wonglimpiyarat, Jarunee
    • World Technopolis Review
    • /
    • v.3 no.2
    • /
    • pp.78-88
    • /
    • 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.