• Journal of the Korea Institute of Information and Communication Engineering
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• v.8 no.1
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• pp.1-10
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• 2004

In this study, evaluation factors for effective operation are classified to goal-operation strategy, human and physical resources, incubating services, and networking program in business incubator. And, the success strategies of supporting these are classified to construction of industry-academy-laboratory networking system, specification and specialization, finance independence, and appointment of special operation staff in business. We are also presented the priority of success strategy based on the results of analysing by enterprises in business incubator, enterprises graduated form business incubator, and director of business incubator by applying the evaluation model using AHP(Analytic Hierarchy Process) technique proposed in this paper. Finally, we are suggested the concrete propelling schemes of success strategy.

• 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.

• Journal of Information Technology Applications and Management
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• v.30 no.2
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• pp.59-66
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• 2023

This study aims to find the better working environment for the start-ups by tracking and analyzing the data from the firms that have occupied in the business incubator and also the firm that already left the business incubator. To do so, a total of the sixteen firms were responded and ten out of the sixteen were the firm that have occupied in the business incubator and the rest six were the firm already left. Based on the response, the positive things that they earned from the business incubator were renting an office or higher levels of technical skills; however, the negative things were low operating profit can be negative. The results of this study can contribute to the development of the business incubator for the future. The further study regarding satisfaction survey might help to build more creative and constructive environment for the business incubator.

• Journal of Venture Innovation
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• v.5 no.1
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• pp.75-90
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• 2022

Start-up is a very important task for the development of the country as well as individuals for entrepreneurs with novel ideas, experiences, and know-how. Most of the new start-ups often have no start-up experience, and the government and universities operate start-up incubator centers so that start-up companies can grow and develop. The goal is to improve the success rate of technology-based start-ups. It supports various needs of start-up companies and supports start-up companies to succeed by enabling them to maximize their potential. The expected effect of the start-up incubator center can be said to be a contribution to the development of the national economy through the revitalization of start-ups. This study aims to consider ways to achieve performance through the efficient operation of domestic start-up incubator centers.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.1
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• pp.233-247
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• 2011

With recent increase in growth without employment and unemployment rate, Business Incubator (BI), which is the birthplace of business start-up, is drawing much attention. Therefore, numerous studies had been carried out from the perspectives of efficient operation and performances of BI. Preceding studies at home and abroad were concentrated mainly on the effect of Critical Success Factors of BI on performance, or on internal operational programs or support services of BI. Recently, assertion that potential capacity of companies located in BI at the time of their commencement of occupancy imparts effect on the performance has been presented. Therefore, this Study, in order to pursue research on above issues, will, firstly, analyze the effect of the characteristics of evaluation of companies wishing to be located in BI conducted by each BI, and, secondly, regulation effect of characteristics of evaluation of companies wishing to be located in BI imparted on performance in connection with the work capabilities of BI and capabilities of manager. The results of analysis illustrated that the expertise, among the capabilities of CEO, imparts affirmative effect on the success rate of business start-up. Product competitiveness and marketability displayed affirmative effect on the success rate of business start-up when work capability (operational intensity) is applied. In particular, although the financing capability of CEO of the company located in BI, as an important factor, imparts negative effect on the success rate of business start-up, it implies affirmative regulation effect through the capabilities of manager.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.11 no.5
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• pp.57-66
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• 2016

The study aims to examine the impact of Start-Up Business Incubator System on Performance of the Start-up Graduated from the Business Incubator. This has analyzed 813 startups which had supported by Seoul Metropolitan City in particular from 2009 to 2010. Empirical analysis has choosed business room for free, startup grant for operation, education & coaching support, consulting support by practitioner, promotion & new market opening support and collaboration support among startups in the business incubator as independent variables and also implemented startup success satisfaction degree as a depentent variable. The results shows that the degree of satisfaction on start-up activity support fund for entrepreneur and the degree of satisfaction on collaboration support among firms in the business incubator have statistical significant impact on start-up success satisfaction degree. The study has an implication that it provides a basic data on policy support strategies by central and local autonomous governments that facilitate entrepreneurs to achieve start-up business goals by understanding the factors that affect the business performance of entrepreneurs. In addition, the study offers new directions for entrepreneurs in a way that promotes the start-up performance by business room for free, education & coaching support, consulting support by practitioner, promotion & new market opening support which were investigated as statistical insignificant constructs, so that the author expects new studies about more effective business incubator system to enhance the performanc of start-up in business incubator.

• Industrial Engineering and Management Systems
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• v.13 no.3
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• pp.330-341
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• 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.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.5
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• pp.2142-2148
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• 2011

Managers in Business Incubator(BI) perform an important role to success of BI, but researches about what area of capability need to improve are limited. This study investigates the perceived gap between current capability and required capability of BI managers from BI managers' and CEOs' perspectives with a survey method. From the BI managers' perspective, improvement of most capabilities, such as financing support, R&D support and understanding of patents, and understanding of business of firms in BI, is needed. From CEOs' perspective, improvement of capability in financing and marketing support is needed.

• Journal of Digital Convergence
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• v.13 no.1
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• pp.135-149
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• 2015

The purpose of this study is, through journal review, to introduce and analyze the success factor and programs of CONNECT which have made key contributions in the construction of San diego Bio-cluster and thereby show directions business incubators in Korea should try to follow. CONNECT is a most popular bench-marking case over the world for bio-venture incubation. In this paper, core success factors and incubating programs of CONNECT are analyzed in detailed way for local govenments and incubating institutions to develop enterprise promotion policy. CONNECT is famous for its tailored services to meet the varying needs of entrepreneurs at all stages of their business life cycles and growth. CONNECT is a pioneer which provide mainly software services by using network while it provide hardware supports like space at minimun level. CONNECT has provided early stage corporations with diverse software services on which business incubators in Korea should have focus Since its inception, CONNECT has assisted more than 800 technology companies. Leadership of policy makers, network and software services have been key success factors of UCSD CONNECT.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.5 no.2
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• pp.33-57
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• 2010

This study aims at researching whether business founders' psychological characteristics, behavioral characteristics, and career characteristics have influence upon corporate performance and whether business founders' career characteristics and start-up education experience have influence upon corporate performance targeting business founders of start-up business-incubated companies. As a result of this study, business founders' psychological characteristics(achievement desire, risk-endurance propensity) were indicated to have significant influence upon corporate performance. On the other hand, business founders' behavioral characteristics were indicated to have no influence upon corporate performance. Also, it is seen to have clarified that business founders' career characteristics, past practical-affairs experience during start-up education business, and job-life experience are important factors of having significant influence upon corporate performance. These findings are expected to give many implications even to preliminary business founders as well as establishment in supportive direction and effective development of start-up business-incubated companies. Accordingly, the implication is seen to have been suggested that the services, which the business incubator supports the living-in companies, need to be planned and offered by considering business founders' characteristics of start-up business.