Key Success Factors In Business Incubation Among Incubators In Malaysia

Nur Azri, Mahmud (2013) Key Success Factors In Business Incubation Among Incubators In Malaysia. Project Report. UTeM, Melaka. (Submitted)

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Abstract

Business Incubation Program has been established in Malaysia to he lp new businesses fOr almost two decades. Many developing countries including Malaysia advocates that business incubation will contribute to the economic growth of the cotmtry particularly in techno logy- based industry. However, fuctors that lead to the success of business incubation remain tmclear especia lly in Malaysia. Business incubators are organizations that offer protected environments fOr new entrepreneur by providing them with a comprehensive and integrated range of services. 1l1is stud is confined to incubators in Malaysia by applying surveys, observation and quantitative approaches. Seven main factors have been tested and the results were analyzed using SPSS. In conclusion, the success factors will give an impact to the business performance and as a guide to help new incubators assist incubatees. Therefore, the main purpose of this study is to identifY the success fac tors that contribute to a successful incubation program in Malaysia. Keywords: Incubators, Success Factor, Supportive Governrnent Policies. Entrepreneur, Malaysia

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