Critical success factors of successful e-business incubators framework in Indonesian public universities

Abstract

In many rich countries, many business incubators take part to help starts-up company to develop their own business; especially the baby born business cannot compete with the giant industries that have been the old business player. Universities play an important role in motivating young graduates to become technology entrepreneur. The increasing number of graduate entrepreneurs will reduce the unemployment rate and increase the number of field work. Business incubator is an organization that systemize the process of creating successful new enterprise by providing them with a comprehensive and integrated range of services (Manan and Yunos, 2001).Unemployment in Indonesia is still the main issue for the government program to increase welfare in the future. In year 2014 the data from Statistic Center of Indonesia state that Indonesia has 4% unemployment from Indonesia’ work generation. In Indonesia, incubators has been developed since 1992 initiated by the government, Cooperative Department and also universities. This effort continued in 1997 when there was a program called the Development of Entrepreneurship Culture in Universities, and of its activity was New Entrepreneur Incubator. Some previous incubation process models and successful factors for Incubation Model are from (i) Campbell, Kendrick, and Samuelson framework; (ii) Smilor’s Framework; (iii) Campbell model; (iv) Sameer Verma model of incubator success factors; and (v) Hackett and Dilts (2004) have identified five distinct outcomes for incubating businesses. The objectives of the research are to get the success factor for E-business incubator and to have the framework or model for good e-business incubator for Indonesian Public Universities.