Managing Technology Incubators : Keys Elements In Transforming New Ventures To Growing Companies

Abdul Khalid, Fararishah and Yahya, Salleh (2012) Managing Technology Incubators : Keys Elements In Transforming New Ventures To Growing Companies. Project Report. UTeM, Melaka, Malaysia. (Submitted)

PDF (Full Pages) Managing_Technology_Incubators__Keys_Elements_In_Transforming_New_Ventures_To_Growing_Companies.pdf - Submitted Version Restricted to Registered users only Download (29MB)

Abstract

This project examines the key elements that transform new ventures into growing companies. The literature suggests that limited academic research on incubation development in Malaysia has been undertaken and information regarding business incubation in Malaysia is primarily descriptive providing a limited view of the incubation system. The need for an investigation of the incubation system's impact,effectiveness, and sustainability has been revealed in the recently announced Tenth Malaysia Plan 2011-2015 (Malaysia Plan, 2011a). The present project adopts a mixed-methods approach, incorporating quantitative and qualitative studies. A total of 118 incubatees from all 15 ICT incubators in Malaysia participated in the quantitative study.A framework consisting of four independent variables and one dependent variable with four possible outcomes of incubatee performance was developed. An iterative procedure was utilised, consisting of exploratory factor analysis (EF A) and multinomial logistic regression (MLR). The latter statistical technique enabled the researcher to test relationships between the underlying components extracted from the EF A and business incubation performance. Findings reveal that Selection Performance, Monitoring and Business Assistance Intensity, Resource Allocation, and Professional Management Services are all statistically significant in producing growing companies. The qualitative study involves interviews with incubators managers from six incubators guided by an interview protocol. The results of the quantitative and qualitative studies provide useful insights that confirm and in some cases question earlier understandings about the underlying factors impacting on business incubation performance. The findings revealed that implementation of all four constructs from the conceptual framework is essential resulting in positive impacts on business incubation performance.

Actions (login required)

View Item