Innovative Capacity and the Performance of Businesses Incubated in University Incubator Units: Empirical Study from Universities in Thailand (original) (raw)
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Journal of Southwest Jiaotong University, 2020
This research aimed to study and develop the innovation capability indicators for entrepreneurs who created their businesses from public universities' incubators in Thailand. This study applied the inductive research method using critical analysis; the sample included 202 entrepreneurs' variables related to Confirmatory Factor Analysis to find the model's concordance and empirical data. The entrepreneurs who developed their businesses from incubators of universities in Thailand had the innovation capability for business management through the following factors: the change and management development process at lower costs to achieve more efficient management, the novel/innovative product development process to the market, the perceived product enhancement process through new and modern channels, and the use of contemporary digital convergence for innovation capability construction to further take advantage of business competition. The research results and contributions revealed that the measurement model of innovation capability developed from the three main factors: process innovation capability, product innovation capability, and market innovation capability, leading to value synergistic business creation and directed innovation.
Performance Factors for Successful Business Incubators in Indonesian Public Universities
International Journal of Technology
Measuring the performance of business processes is already a main concern for both faculty and enterprise players, since organizations are motivated to reach the productivity stage. Employing a performance achievement framework for the relationship between business incubator success factors will guarantee connection with commercial schemes, which support a high level of performance indicators in successful business incubator models. This research employs a quantitative approach, with the data analyzed using the IBM SPSS version 23 and Smart PLS version 3 statistical software packages. Employing a sample of 95 incubator managers from 19 universities which geographically located in Indonesia, it is shown that the image of business incubator factors has a positive effect on incubator performance. The study investigates the relationship between incubator performance and business incubator success factors in Indonesia. It was found that IT, as part of the business incubators' facets/abilities, partially supports their performance; that the entry criteria directly support the performance of the incubators; that mentoring networks also support the performance, with good infrastructure systems as a moderating factor; that funding supports the performance of business incubators, also with good infrastructure systems as a moderating factor; and that university regulations and government support and protection enhance the performance of business incubators, with credits and rewards as a moderating factor. In addition,
International Journal of Technology
This study aims to examine the effect of critical success and moderating factors in Indonesian public universities' business incubators. The study of business incubators benefits university professors in their roles as managers and advisors, university faculty entrepreneurs and startups/tenants in the knowledge transfer and entrepreneurship learning processes, and government officials in effective policy making. For the universities, the incubators serve as a platform for the commercialization of their research efforts. The incubators assist the universities' stakeholders in fulfilling their newly identified responsibilities towards building the nation's economy and giving the faculty members and graduate students the chance to conduct research. Regarding the economic environment, the incubators help create job opportunities, increase the country's economic value, and reduce poverty. This research employed the quantitative method approach, and the data were analyzed using the IBM SPSS version 23 and Smart PLS version 3 statistical software packages. The samples of this research were comprised of 31 business incubator managers from Indonesian public universities. Although there have been previous models about critical success and moderating factors for business incubators in other countries, this study is the first that was conducted in Indonesia and found direct and indirect relationships between critical success factors and moderating success factors for Indonesian Public University Business Incubators. The results of the research demonstrated that good system and infrastructure showed a strong direct relationship with success factors and that information technology showed a strong relationship with the moderating factors, namely age and quality of
Connection Scientific Journal, 2019
The work analyzed the influence of entrepreneurial characteristics (entrepreneurial self-efficacy, entrepreneurial intention anda capacity for innovation) on the organizacional performance of incubated companies in Santa Catarina. The research was descriptive using a quantitative method. The data analysis adopted the structural equation modeling and the partial least squares adjustment technique (SEM/PLS). The four research hypotheses were accepted. The associations of entrepreneurial self-efficacy with entrepreneurial intent and with the capacity for innovation stood out, being in both cases positive and very significant. The links between entrepreneurial intent and the capacity for innovation with organizacional performance also proved to be significant. However, its significance was less. The results adhered to the model of Chell (2008), allowing to affirm that the psychological, sociological and economic components were interrelated when considering the entrepreneurial personality. It was concluded that the study of the actions of the entrepreneurs must be carried out from a multidimensional perspective.
New Trends and Issues Proceedings on Humanities and Social Sciences, 2018
This study aims to assess the innovation capabilities on the business incubators performance using resources, leadership and capability in three countries: Chile, Israel and Italy. This research was elaborated in light of theoretical excerpts, with foundation in the model, which considers the following metrics: resources, enablement and leadership. Furthermore, in order to demonstrate the feasibility and plausibility of the model, a multiple case study was conducted in business incubators. The research had specialists' intervention, with knowledge and experience in the innovation management field, selected by the technical and scientific criteria. The data were extracted by a judging matrix with a scale type, in which the specialists gave their opinions, establishing priorities to the variables, by level of importance. In order to reduce the subjectivity in the results reached, it was used statistical techniques of multivariate analysis and multi-criteria analysis, with the support of the Electre III, Compromise Programming e Promethee II methods. The results were satisfactory, validating the modelling approach.
A framework toward successful business incubator for Indonesian Public Universities: A pilot review
2018
The purpose of this paper is to evaluate a small sample data on pilot survey for developing framework of successful business incubator for Indonesian Public Universities. This pilot survey assess the content of validity, reliability, subsequently the data normality through expert validation. The evaluation of this pilot survey showed that the instrument reliable and the data for preliminary study exhibit reasonable normality. This pilot survey evaluate the instrument of many factors and dimensions of Indonesian Business Incubator Manager and Association responses most of which have not been explored yet.
ENERO-JUNIO 2021
The importance that the development of Entrepreneurs in business Incubators has been having has caused this investigation to be carried out. In its first stage, it consists in the theoretical review of the factors that give entrepreneurs a competitive advantage in Business Success such as: Coaching, Business Linking, Digital Social Networks and the Entrepreneur Profile. Therefore, the theoretical justification of these factors and the construction and validation of the instrument are presented. A questionnaire of 51 questions was made and to test its reliability it was applied to 30 study subjects. Using the SPSS, the instrument was validated with Cronbach's alpha factors that show reliable values between .700 and .900 and a final questionnaire was obtained with 46 questions. This work provides a theoretical and methodological contribution to support business success.
A Framework of Successful Business Incubators for Indonesian Public Universities
International Journal of Technology, 2016
Universities play an important role in motivating young graduates to become technology entrepreneurs. The objectives of this research are to investigate the success factors for business incubators and to develop and propose a framework of successful business incubators for public universities in Indonesia. Indonesian public universities that have business incubators were considered for this research. A preliminary study was conducted with a panel of experts who have the necessary insights and experiences in managing both the incubators and the relationships within the incubators with the tenant firms. This research examines some significant measures with reference to the unique features of university business incubators in order to better understand the manner in which incubators can be assessed in a developing country. The result of this research includes a framework of successful business incubators in Indonesian public universities. This framework is developed on the basis of previous studies and the preliminary study conducted with ten business incubator experts.
Academic Journal of Interdisciplinary Studies, 2021
The study aimed to investigate the role of business incubators in economic development and creativity in Jordanian universities. The study population included Mutah University students who were enrolled in the entrepreneurship program during the academic year 2019-2020. A random sample of 208 male and female students voluntarily participated in the study. A questionnaire that examined four dimensions was used to collect data. These dimensions included: the training and consulting dimension, the technical support and performance evaluation dimension, the administrative and office services dimension, and the financial support dimension. The validity and reliability of these dimensions were also confirmed. The results revealed the important role of business incubators in economic development and creativity in Jordanian universities. They also showed that the training and consulting dimension ranked higher than the other dimensions. The following dimension was the administrative and off...
Improvement of technology business incubators' effectiveness: An explanatory model
2011
Governments play a basic role in making policies, programs and instruments that support the development of micro, small and medium enterprises in both developed and developing countries. This paper intends to pinpoint the influencing factors in Technology Business Incubator’s effectiveness and their explanatory model. Therefore, among 56 Technology Business Incubators in Iran, 32 active incubators were selected and by stratified random sampling, 528 start-ups were chosen. The validity of research questionnaires was determines by expert consensus, item analysis and factor analysis; and their reliability calculated by Cronbachs' alpha. Data analysis was then made through statistical package for the social sciences (SPSS) and linear structural relations (LISREL) soft wares. Both organizational procedures and entrepreneurial behaviors were the meaningful mediators. Organizational procedures with (P < 0.01, β =0.46) was stronger mediator for the improvement of Technology Business ...