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Business incubators in Asian developing countries

Jamil, Farhan and Ismail, Kamariah and Siddique, Muhammad and Khan, Muhammad Muddassar and Kazi, Abdul Ghafoor and Qureshi, Muhammd Imran (2016) Business incubators in Asian developing countries. International Review of Management and Marketing, 6 (4). pp. 291-295. ISSN 2146-4405

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The purpose of this study is to review the literature of business incubators (BIs) particularly in developing countries context. The extensive literature in developing countries like China, India, Malaysia and Pakistan supports the concept of BIs as a part of their national innovation system and also for economic development. We further found from the literature that BIs contribute in achieving the commercialization targets, creating new startups, promoting the entrepreneurial culture, innovation and generating revenue. However, the concept is at initial stages of implementation particularly in Pakistan and Malaysia. The lack of human and technical expertise and financial constraints are the main reasons behind this slow progress. This study contributes to improve the understanding of business incubator’s strategies, objectives, functionalities, implementation and outcome in developing countries. Additionally, this study provides the useful information to policy makers, government, academicians and practitioners about the BIs.

Item Type:Article
Uncontrolled Keywords:Business incubators, Financial constraints, Technical expertise
Subjects:H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
ID Code:74258
Deposited By: Siti Nor Hashidah Zakaria
Deposited On:28 Nov 2017 07:42
Last Modified:28 Nov 2017 07:42

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