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Innovative Entrepreneurship & Business Development

Altink, Jan Jaap (2009) Innovative Entrepreneurship & Business Development.

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Abstract:Business incubators are generally considered as effective economic accelerators and have been subject of research for many decades. However, many researchers have focused on the concept of business incubation. This research attempts to investigate the practical meaning of the notion and studied to what extent business incubators are covering tenants’ needs in terms of their development. A literature study provided an overview of business incubation planning and characteristics of its subjects; the tenants. This showed the complete picture of all aspects involved. In order to be able to form valuable conclusions and recommendations, it was decided to focus this study at a specific aspect of business incubation planning; a value-adding intervention system. An aspect of business incubation planning that aims at what the business incubator directly offers its tenants. The research context is a transition economy in south-west Europe; Bosnia & Herzegovina. A sample of tenants was surveyed and the incubator in combination with its environment was analyzed. Results show that while the business incubator claims to provide tenants with an extensive set of services, tenants’ needs are not covered by the business incubator. The business incubator not only does not provide tenants with everything they promise to but also tenants do not prioritize turning to the incubator when help is needed. This study concludes that the business incubator is not visible enough as a first party to contact in case of needs and that tenants are not encouraged enough to make use of the set of services is that is offered. Further, it is concluded that the incubator has not implemented the complete set of services it promises to offer and that the incubator should consider expanding their range of services. Finally, recommendations are provided on first concrete steps to take in the development of the business incubation process and suggestions on further research are presented.
Item Type:Essay (Master)
Clients:
SPARK Amsterdam
BSC Zenica
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:http://purl.utwente.nl/essays/59890
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