Investigating The Underlying Components in Business Incubation Process in Malaysian ICT Incubators
The role of business incubators as an economic development tool has been reiterated in the entrepreneurship literature. Business incubators have been proven as effective in creating jobs, and accelerating the growth of new businesses. Both developed and developing countries have taken the busines...
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| Format: | Article |
| Language: | English |
| Published: |
Leena and Luna International
2012
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| Subjects: | |
| Online Access: | http://eprints.utem.edu.my/id/eprint/3876/1/AJSSH2012%281.1-09%29.pdf http://eprints.utem.edu.my/id/eprint/3876/ |
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| Institution: | Universiti Teknikal Malaysia Melaka |
| Language: | English |
| Summary: | The role of business incubators as an economic development tool has been reiterated in
the entrepreneurship literature. Business incubators have been proven as effective in
creating jobs, and accelerating the growth of new businesses. Both developed and
developing countries have taken the business incubation route to encourage the spur of
small to medium sized enterprises. Although the basic concept of business incubation
remains until today, there have been several enhancements to the capability of business
incubators as an economic driver. Malaysia is an example of a developing nation that has
implemented its business incubation programmes in its effort to generate a critical mass
of technology-based entrepreneurs.This paper examines the underlying components in the
business incubation process in the Malaysian ICT incubators. A survey questionnaire
method was used to solicit response from 118 incubatees from 15 ICT incubators in
Malaysia. Exploratory factor analysis was performed to identify the underlying
components. Results suggest that there are eleven components in the business incubation
process. |
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