Role of Credit Access Program on the Performance of Women Owned MSES Incubated at KIRDI

Women owned Micro and Small Enterprises (MSEs) are a source of employment and wealth creation in most of the world economies and Kenya not an exemption. However, the survival rate of the women owned MSEs is minimal. The main objective of the study was to evaluate the role of credit access program on the performance of women owned MSEs which have been incubated at KIRDI. The study was a survey study design. The target population was 259 MSE women entrepreneurs who have graduated from KIRDI business incubation programs. The researcher did a census since it was appropriate for this study and used questionnaires to collect qualitative and quantitative data. The study analyzed data using descriptive and inferential statistics through Correlation and regression of variables. Results were reported through tables and figures. Statistical Package for Social Sciences (SPSS) was used to aid analysis of data. Data was analyzed and presented using descriptive and inferential statistics. The findings revealed a positive and significant relationship between credit access program and performance of women owned MSEs incubated by KIRDI (β=0.348, p=0.000). The study concluded that business incubation support programs simplified into incubator training and development, business development services, credit access program and technology absorption positively and significantly influenced the performance of women owned MSEs incubated at KIRDI in Nairobi. The study recommends that the government should consider looking towards setting a single window to manage business incubators all over the country and to coordinate the activities of all institutions and companies that are in the process of incubating new businesses. Keywords: Credit access, Women owned MSEs, Business performance, Business incubation, KIRDI

The Entrepreneurial University and Business Incubation

The primary aim of this chapter is to review the literature on entrepreneurial ecosystems, focusing on the activities of two key institutions: higher education institutions and business incubation centres (BICs). This chapter explores how best to manage the connection between business incubation centres and higher education institutions. It examines the activities of business incubation centres (BICs) as they relate to entrepreneurial universities and provides an overview of the key challenges associated with developing entrepreneurial universities. Findings are presented in the form of a conceptual framework that facilitates an improved understanding of the benefits of connecting the capabilities, activities, and outcomes associated with higher education and business incubation. The chapter offers a lens by which to consider the design of BICs as they relate to entrepreneurial universities and offers pathways to consider future research.

Career Predilections and Options to Opt Occupation for the Youth in Pakistan

The aim of this study is to find the employment options and career choices of young people in a developing country, Pakistan. In this regard, an exploratory approach is used to conduct this study. The findings of the study show that there are formal and informal options for the youth to choose occupations. Formal includes the employment opportunities provided by the government which include in the long term and short term in their services; however, informal employment includes different kinds of work in the different sectors. Overseas employment is the external option of the career choice for the youth. However, a business incubation center is an internal source of career for university students and graduates who want to opt for entrepreneurship as their career choice. This study provides implications for the government and non-government organizations to create different kinds of employment opportunities to accommodate the huge youth population and make them productive for the economic development of the country and reduce the rate of unemployment.

Business Incubation Initiatives Impact on Entrepreneurs and SMEs

Business incubation (BI) is a strategic tool that helps a country to grow its entrepreneurial base and reduce the high mortality rate of SMEs. Kingdom of Eswatini adopted the business incubation initiatives to promote entrepreneurship and SME development. To date, no data exist on the impact made by business incubation initiatives. Adopting methodological triangulation of both quantitative and qualitative data collected through questionnaires and interviews where the participants consisted of SME owners, BI managers, and BI trainers, this exploratory study aims to investigate business incubation initiatives' impact on entrepreneurs and SMEs. Findings reflect that BIs measure their impact by seeing an increase in revenue, increase in the number of people employed, and SME survival post the incubation period. Though SMEs agreed that the BI effects positively, the study also revealed that some SMEs remained in the incubation for more than 10 years. Policy implications emerging are the need to introduce graduation policy and proper determination of requirements for incubation.

An innovation adoption model of licensing-in for US start-ups

Using the Kauffman panel dataset of US start-ups, we analyse the key determinants oflicensing-in adoption. Licensing-in entails an intellectual property contract between the licensor(e.g. upstream established firm) and licensee (e.g. downstream start-up) aiming to bring aninnovation to market rapidly. Assuming maximizing of the owner’s managerial utility in thestart-up years, we explain licensing-in adoption through firm characteristics like size, R&D andcapital structure, as well as other IP types, and controls for year and regional fixed effects, usingpanel probit estimation with adjustments for sample selection bias and endogeneity. We findkey determinants of licensing-in to be owners’ equity, product (rather than service) sales andR&D spend; and then comment on their policy implications for business incubation.

Hatching Prosperity Together: A Dynamic Assessment of Relationships in Business Incubation in New Zealand

<p>The concept of business incubators has attracted much attention in recent years, both as descriptive of an increasingly important phenomenon and as an effective public intervention in the economies of lagging cities, regions, and countries. However, little empirical research has explored this phenomenon. To better understand what type of relationships contribute to the performance of newly hatched business ideas, the following study applies a social capital and proximity lenses to explore relationships in business incubation and how they contribute to start-up performance. Through the use of open-ended questions this study carried out semi-structured interviews with 25 total participants of the New Zealand incubation system. These in-depth interviews allowed participants to express their perspectives on business incubation. This study revealed that there are tensions that exist in the incubator environment which are as much about the relationship between the two central participants - incubator personnel and entrepreneur - and other stakeholders, as between the two central participants themselves. These tensions, if not aligned, restrict incubating entrepreneurs from gaining advantage from business incubators. Additionally, the study reveals that the role of geographical proximity in business incubation is surprisingly of less importance than other forms of proximity.</p>

Hatching Prosperity Together: A Dynamic Assessment of Relationships in Business Incubation in New Zealand

<p>The concept of business incubators has attracted much attention in recent years, both as descriptive of an increasingly important phenomenon and as an effective public intervention in the economies of lagging cities, regions, and countries. However, little empirical research has explored this phenomenon. To better understand what type of relationships contribute to the performance of newly hatched business ideas, the following study applies a social capital and proximity lenses to explore relationships in business incubation and how they contribute to start-up performance. Through the use of open-ended questions this study carried out semi-structured interviews with 25 total participants of the New Zealand incubation system. These in-depth interviews allowed participants to express their perspectives on business incubation. This study revealed that there are tensions that exist in the incubator environment which are as much about the relationship between the two central participants - incubator personnel and entrepreneur - and other stakeholders, as between the two central participants themselves. These tensions, if not aligned, restrict incubating entrepreneurs from gaining advantage from business incubators. Additionally, the study reveals that the role of geographical proximity in business incubation is surprisingly of less importance than other forms of proximity.</p>

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