Aligning business strategy of incubator center and tenants

Prasetyawan, Yudha; Agustiani, Elly; Jumayla, Sari

doi:10.1063/1.4985491

Cited by 3 publications

(2 citation statements)

References 38 publications

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“…Strategy and organizational structure are key components of the survival and sustainability of incubators. Incubators need to create their own differentiation strategy, position themselves as specialists, and focus on particular domains [16][17][18][19][20][21]. Eccles, Perkins, and Serafeim [22] also highlight the three fundamental elements of organization culture as innovation, trust, and capacity for transformational change.…”

Section: Strategy and Organizational Structurementioning

confidence: 99%

Capability Assessment toward Sustainable Development of Business Incubators: Framework and Experience Sharing

et al. 2021

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Business incubators have been widely developed to advise, support, promote, and provide a nurturing environment for new business start-ups and entrepreneurs. The development of a framework for capability assessment allows the management of each incubator to understand its strengths and room for further improvement. Moreover, assessment results across a community, such as a nation or state, can provide insights into resource allocation and various management policies so that policymakers can support the development of business incubators under their supervision. This article describes the development of a capability assessment framework for business incubators (BIs) in Thailand. A case study demonstrating how the capability assessment is analyzed is also presented in the article.

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Section: Strategy and Organizational Structurementioning

confidence: 99%

Capability Assessment toward Sustainable Development of Business Incubators: Framework and Experience Sharing

et al. 2021

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“…This would provide strong base for timely reaction in case projected targets are not met. It illustrates how well internal systems of BI operating are working, and portrays how well BI is managed [34]. It should review defined objectives and whether or not they are met, main activities and achievements and any research done in this area and relevant results (Table 6).…”

Section: Tenants' Reportmentioning

confidence: 99%

Strategic Importance and Sustainable Governance of High-Tech Business Incubators: Evidence from Serbia

Djordjevic¹,

Mihić²

2021

Current Problems in Experimental and Computational Engineering

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This paper analyzes symbiotic relationship between high-tech start-ups, governance of business incubators dedicated to developing them and overall impact on Serbian economy and tech landscape. It was written based on previously conducted research, relevant industry reports, a review of academic literature and many articles on the business incubation. As high-tech business incubators are a part of economic development, this paper aims to examine the role of business incubator on SMEs and high-tech start-ups and explore which types of support drive this impact, but also to investigate impact on wider economic and social landscape in Republic of Serbia. Furthermore, the overall benefits of government investing in incubators are elaborated with review of private vs public ownership and differences in opportunities that they provide. The need for strategic governance and systematic support is rationalized by inspecting efficiency and effectiveness through large set of KPIs. Results should provide proper model for development of innovation ecosystem and entrepreneurship support by using business incubator as a tool. If managed properly, incubators can become a key component of national development strategy since they can help hightech companies to survive and develop in MOST critical initial phase, by providing wide range of services such as management support, financial resources, technical services or simply offering adequate office space.

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