evaluating the role of incubators in entrepreneurial business 2

8/10/2019 Evaluating the Role of Incubators in Entrepreneurial Business 2

1/24

Role of incubation Centers inEntrepreneurial Success ofincubatees Start ups in

PakistanBy Anum zahra

&Zuha yahya


2/24

Abstract This stu y can be cate!orize as empirical " This stu y e#plore the impact of incubation

centres facilities on the success of business

launches by incubates amon! $%% stu entsra n from public & pri'ate uni'ersities of

Pakistan" The stu y a opte a sur'ey esi!n( t o

research )uestions & four hypothesis ereraise for the stu y"


3/24

Continue *ata ere collecte usin! structure

)uestionnaire title mana!ers)uestionnaire about facilities ofincubation center( incubates)uestionnaire"

The ata collecte ere analyzeusin! SPSS soft are" +n in!shi!hli!hts that facilities pro'i e byincubation centre in,uences the

business success of incubates"


4/24

-ntro uction The business incubators seeks to e.ecti'ely

link talent( technolo!y( capital an kno hoin or er to le'era!e entrepreneurial talent a

to accelerate the e'elopment of necompanies /semilor an !ill $0123 The history of business incubators ates back

to $045 in the unite states of America

/Chinsomboon 5%%%3" The +rst ocumenteincubators kno n as Bata'ia in ustrial Centre/B-C3 locate in Bata'ia( 6e 7ork an erestarte in $080"


5/24

Continue There are 00 hi!her e ucation institutions

o.erin! business e ucation in Pakistan" Theirconcern has been the rapi formation of

business schools across Pakistan tryin! toe'elop socio9economic an )uality aca emichubs"

The +rst technolo!y incubation center of

Pakistan establishe in aca emia 5%%8 byPakistans premier uni'ersity 6:ST as a meanto replicate the concept of incubators inPakistan"


6/24

Continue;" T-C is part of uni'ersitys ri'e to pro'e

itself as a orl class learnin! center anis amon!st many a 'ance institutions

set9up at its o'er


7/24

Continue hose purpose is to establish

business incubation centers an startorkin! for the trainin! of 7oun!

&talente !ra uates to start theiro n businesses"

The business incubation centre of thefollo in! public an pri'ateuni'ersities are taken un erconsi eration in this stu y"


8/24

Continue This stu y ill measure the performance of

incubatee that he sho s after !ettin!trainin! from incubation center an check

hat type of impro'ement sho n by themin their performance" -t ill +ll a !ap as the )uantitati'e stu y

has not yet been con ucte re!ar in! realassessment of incubation centers inPakistan"


9/24

Continue -t oul be analyze( hether incubatee

entrepreneurial competency anincubatee perspecti'e of business support

from incubation Center is the missin! linkbet een incubation facilities an businesssuccess"

The ata is collecte throu!h personalobser'ation of the trainin! pro!rams &en'ironment pro'i e by incubationcenters in uni'ersities"


10/24

Continue To test the mo el empirically throu!h

collectin! ata 'ia )uestionnaire fromincubation centers an their incubatees

ho are runnin! their businessessuccessfully" There is positi'e an si!ni+cant impact of

incubation centers trainin! onperformance an success ofentrepreneurial start9ups by -ncubatees"


11/24

En in! para!raph of intro uction

The rest of paper is or!anize as follo s" The ne#t section presents literature re'ieconcernin! the incubation facilities an

their impact on success of business" -t then follo s by empirical part hich

escribes the ata( 'ariables an researchmetho olo!y" The ne#t section presentsresult an iscussion on empirical +n in!s+nally the last section pro'i es conclusionof the stu y"


12/24

uick Die of iteratureRe'ie

/BeFarano 5%$53 -n their re'ie of businessincubation research seen /G =acket an*a'i G" *ilts 5%%43 ha'e e+ne business

incubation as a process in acte by businessincubators( an!el in'estors( uni'ersities an'enture capital or!anization in or er to assistan accelerate the entrepreneurial process"

The business incubators attempt to facilitatethe ne 'enture e'elopment throu!h costcontainment an access to resources"


13/24

Continue Se'eral stu ies o attribute business incubation

ith pro'i in! enablin! skills( kno le !e an thepotential for increasin! a +rm sur'i'al rate ansuccess /Sherman( ="( Chappell( *"S" $001( Doisey(

P"( Horell( "( Iones( P"( & Thomas( B" 5%%2( Sherman(="*" $000( an Akcomak( -"S"( Taymaz( E" 5%%43"

The literature emphasizes se'eral criteria anin icators to e'aluate the role of incubation centers

on the incubatees ne start9ups" Such asincubation facilities an business success"/ in( i etal" 5%%13/Doisey( Hornall et al" 5%%23(/Al9Gubarakian Busler 5%$53"


14/24

Continue -ncubators can a 'alue to ne

'entures by len in! cre ibilitythrou!h association an access toshare professional facilities( businesssupport an coachin! a itionalresources an net orks an ha'e a

potential e.ect in lon! term sur'i'alan subse)uent !ro th of +rms"


15/24


16/24

Continue The perio bet een !ra uation an

employment ates has continue to len!thenan this has become a source of frustration for!ra uates"

-n the circumstance( it is ob'ious that the only'iable option is self employment"

Currently most uni'ersities ha'e initiate

Business -ncubation centers in the hope that itill e)uip uni'ersity !ra uates ith skillsnecessary to start their o n businesses( to be

Fob creators( instea of Fob seekers"


17/24

Continue This is se)uel to the irecti'es of >2

uni'ersities in Pakistan by =EC toestablish Business -ncubation Centers to

enhance the skills ac)uisition of !ra uatesfor self employment" This paper therefore attempts to +n out

the impact of Jacilities pro'i e byincubation centers on the entrepreneurialsuccess of -ncubatees start9ups inPakistan"


18/24

Research uestions

T o research )uestions !ui e thestu y as follo sK /$3 The impact of facilities pro'i e

by incubation centers on incubateesstart9ups success"

/53 The le'el of skills incubateesac)uire after bein! !ra uate fromincubation centers"


19/24


20/24

=ypothesis Hypotheses Three hypotheses ere formulate to

irect the stu y =$K There is si!ni+cant positi'e

relationship bet een -ncubationfacilities & business success"

=5K -EC me iates si!ni+cantly the

relationship bet een -J an BS" =>K -P- me iates si!ni+cantly the

relationship bet een -J an BS"


21/24

Research methodology Study context and sample characteristics Since e are intereste in e#aminin! the impact of

incubation facilities on the entrepreneurial businesssuccess"

Jor the purpose of e#aminin! the impact of incubationfacilities( this stu y consi ers facilities pro'i e by businessincubation centers in public an pri'ate uni'ersities

Jor ata collection e collecte the ata from the business& technolo!y incubation centers of public & pri'ate

uni'ersities from all o'er Pakistan" uestionnaire for this research as a opte from the stu y /Gana!in! rea iness in enterprise

systems9 ri'en or!anizational chan!e 5%%1( LEE97?:6H L A=L an =EE9 ??6H L-G3"


22/24

Continue *ata is !athere from Gan!ers of incubation centers

an incubatees of incubation centers" The )uestionnaires ere +lle in month of *ecember

an Ianuary " The )uestionnaire consiste of the total $1> )uestions

hich are classi+e accor in! to 'ariable of the stu y" Jirst 52 )uestions are relate to !eneral information of

mana!ers( ne#t >4 )uestions are relate to facilitiespro'i e by incubation centers( ne#t $2 are relate to!eneral information of incubatees( ne#t $> relate tofacilities bein! pro'i e by incubators( ne#t 0 )uestionsrelate to percei'e institutional support(


23/24

Continue 6e#t $4 relate to entrepreneurial kno le !e( ne#t 4$

)uestions relate to moti'ation & skills of incubateese'elope ue to bein! in incubators( ne#t $8

)uestions relate to measure business success of

incubatees( ne#t $5 )uestions relate to impact ofbusiness on social life of incubatees" e.ort e#pectancythese ere taken from /5%%1( LEE97?:6H L A=L an=EE9 ??6H L-G3 (

The )uestion items ere measure ith a 8 9pointikert9type scale 3 ith anchors ran!in! from Mstron!lyisa!ree to Mstron!ly a!ree an in some )uestions

lo!it probit techni)ue ere use /more yes the muchbetter


24/24

*ata collecte from follo in!:ni'ersities

uai 9-9 Azam :ni'ersity -slamaba ( 6ational :ni'ersity ?f Science An Technolo!y 6:ST Ra elpin i( Comsat -nstitute ?f -nformation An Technolo!y -slamaba ( :ni'ersity ?f PunFab ahore( :ni'ersity ?f Deterinary An Animal Sciences ahore(

:ni'ersity ?f A!riculture Jaisalaba ( ahore :ni'ersity ?f Gana!ement Science :GS( :ni'ersity ?f Gana!ement An Technolo!y ahore( Sukkur -nstitute ?f Business A ministration Sukkur( -nstitute En!ineerin! An Technolo!y ahore( PCS-R Pakistan Council ?f Scienti+c An -n ustrial Research( :ni'ersity ?f En!ineerin! An Technolo!y Pesha ar( -nstitute of business a ministration Larachi( See -ncubation Center Larachi" -nternational -slamic :ni'ersity -slamaba (

evaluating the role of incubators in entrepreneurial business 2

Documents