Indicators for the evaluation and monitoring activity оf the university incubator

The purpose of the article is to propose the indicators for the evaluation and monitoring activity, thedeveloping structure and functioning of business incubators located in the academic environment whichwould allow the organization of internal and external processes for researchers and students. The success ofa business incubator in the university environment represents primarily its value for the university and for theeconomic environment and the ability to react quickly to changing conditions inside and outside and developing the entrepreneurial ecosystem at national level. The degree of development of university incubators, thecapacity and quality of their functioning depends not only on the intensity of the support of the environment inwhich they operate, but also on their efficiency through attractiveness, promoting viable businesses and atthe same time being an alternative source of financing and propelling potential entrepreneurs.

THE EFFORT OF ABCGM TO ESTABLISH BUSINESS CULTURE IN WEST JAVA UNIVERSITIES THROUGH BUSINESS INCUBATOR

Indonesia is a developing country in Asia, whose economic development still depends on foreign investment. MSME is an alternative business unit that can encourage domestic economic growth that can be released from the dependence of foreign investment. The low number of MSMEs compared to other countries in Asia and the vulnerability of MSMEs unable to compete in the market in the era of globalization. Make the government fund various stakeholders to be established and develop business incubators, including universities. With the adoption of this policy, universities in West Java began to create and build business incubators. This article is intended to describe the process of establishing and developing a university business incubator in West Java. The method used in this research is qualitative research with data collection techniques through data observation and literature study. The results of the study that discussed the establishment of a university business incubator in West Java were carried out in collaboration with lecturers with international non-profit organizations.

Strategic Map of University Incubation Center

This study is aimed to investigate the Strategic Map of the Incubator center. The business incubation process can vary from one incubator to another. This research extends the previous works to improve the solution business incubator problems in Indonesia heading their competitive advantages heading to the global market compared to the Taiwan cases. This study investigates the different types of business incubator strategies for Indonesia and Taiwan cases by using quantitative and qualitative with the primary that had been collected through surveys and observations. The Result shows that Chaoyang Business Incubation Center (CBIC) and Business Incubator LPPM UNY have quite different patterns of their strategies. The Business Support Model Represent CBIC is program demand: Entrepreneur-initiated, whereas LPPM one is program supply: Incubator-initiated. The Business Incubator LPPM UNY is likely to be more active than BCIC. However, CBIC seems to promote entrepreneurs more actively rather than Business Incubator LPPM UNY.Keywords: Strategic Map, Incubation Center, Indonesia, Taiwan Peta Strategis Pusat Inkubasi Universitas Abstrak: Penelitian ini bertujuan untuk menyelidiki peta strategis dari pusat inkubator. Proses inkubasi bisnis dapat bervariasi dari satu inkubator ke inkubator lainnya. Penelitian ini memperluas karya-karya sebelumnya untuk meningkatkan masalah inkubator bisnis solusi di Indonesia yang mengarah keunggulan kompetitif mereka menuju pasar global dibandingkan dengan kasus Taiwan. Penelitian ini menyelidiki berbagai jenis strategi inkubator bisnis untuk kasus Indonesia dan Taiwan dengan menggunakan kuantitatif dan kualitatif dengan primer yang telah dikumpulkan melalui survei dan observasi. Hasil penelitian menunjukkan bahwa Pusat Inkubasi Bisnis Chaoyang (CBIC) dan inkubator bisnis LPPM UNY memiliki pola strategi mereka yang sangat berbeda. Model pendukung bisnis merupakan CBIC adalah permintaan program: wirausaha dimulai, sedangkan LPPM satu adalah pasokan program: inisiasi inkubator. Inkubator bisnis LPPM UNY kemungkinan akan lebih aktif daripada BCIC. Namun, CBIC tampaknya mempromosikan wirausahawan lebih aktif daripada inkubator bisnis LPPM UNY.Kata kunci: Peta Strategis, pusat Inkubator, Indonesia, Taiwan

Factor Analysis of Service Expectation of Farmer Producer Organization from Agribusiness Incubator

This paper aimed to study the service expectation of Farmer Producer Organization from the Agribusiness incubator. The study was carried out with 60 FPO’s in Tamil Nadu. The data was collected through survey method using a well-structured online interview questionnaire. The exploratory factor analysis was carried out to reduce the data. The first factor named as which explained 25.37 percent of the variance, the second factor named as early stage business development services which explained 10.27 percent of the variance, the third factor named as business development services which explained 11.50 percent of the variance, the fourth factor named as physical infrastructural assistance which explained 2.21 percent of the variance. The obtained results of Exploratory Factor Analysis revealed that four factors such as market assistance services, early stage business development services, business development services and physical infrastructural assistance explained about 71.69 percent of the variance of factors with respect to service expectation of FPO's from the Business incubator.

COMPARATIVE ANALYSIS OF DEVELOPMENT SUPPORT MECHANISMS FOR START-UPS BY BUSINESS INCUBATORS UNDER THE LEGISLATION OF KAZAKHSTAN AND UKRAINE

The article analyzes the Kazakhstan’s and Ukrainian legislation regarding the legal status of a business incubator in the field of entrepreneurship and start-ups support. The article provides for the definitions and main features of business incubators. It has been demonstrated that Kazakhstan’s legislation, unlike Ukrainian legislation, does not differentiate business incubators by type, and a startup company can be organized in any form of a commercial legal entity. The authors prove the necessity of contractual regulation of relations between a business incubator and a start-up. Contractual regulation is necessary due to number of variables of these relations. First, there is a vast variety of types of investments by business incubator at the stage of a prototype, or a business project, which may include money, property, services etc. Second, organizational and legal forms of start-ups may vary. Third, the investments may be done in several modes. One of possible investment modes is entering the charter fund of a legal entity-start-up in order to control and manage it, to participate in the distribution of profit and to obtain first-hand information about the start-up’s activities. Another mode of investing into a start-up is through the contract of loan with suspending condition of purchase of shares of the company. All these variables lead to the necessity of contractual regulation. Moreover, a business incubator, as a subject of these relationships, provides start-ups with premises for rent, provides various kinds of services. This also entails the need to conclude a lease contract and a service contract between the parties. The research demonstrated that, despite the similarity of the reasons for the emergence and development of these mechanisms, their practical application in Ukraine and Kazakhstan is somewhat different. Although the article shows that in both countries business incubators have potential of being an effective support to start-ups, there are still several issues which have to be addressed. Namely, there are concerns about protection of the rights of investors and start-up participants from violations of their intellectual property rights and property interests, such as profit distribution, business interference, the procedure for the election and exit of investors and startup participants and others. Due to these issues the investments to start-ups look risky and lose their attractiveness for investors. Therefore, in the countries in consideration business-incubators cannot exist without significant state support.