Key Factors for University Business Incubator Implementation (UBI): Literature Review

Adriansyah, Ahmad and Rimadias, Santi (2023) Key Factors for University Business Incubator Implementation (UBI): Literature Review. Journal of Business Management and Economic Development (JBMED), 2 (01). pp. 98-110. ISSN 2986-9072

Text 2023_Key+Factors+for+University+Business+Incubator+Implementation+(UBI)+Literature+Review_Published.pdf Download (298kB)

Abstract

Business and entrepreneurship are risky activities, especially for new business people. One of the ideal business incubators is the one created by the campus, which is referred to as the University Business Incubator (UBI). However, it is not easy to ensure that UBI successfully carries out its vision and mission, for that it is necessary to study the Key Success Factors (KPIs) of UBI's success. From the criteria set, 15 articles become the unit of analysis of this literature review research. The results of the review found 7 conclusions. First, there are 3 aspects in making UBI, namely organization, service, and measuring the success of UBI and tenants. Second, important organizational aspects are UBI management, capital support, technology, facilities, ideas, networks, strategies, as well as communication or promotion. Third, the aspect of services to be provided depends on the location of the country and the business character of the tenant. Fourth, the recommended physical services are office space and production space. Non-physical services recommended are training/ consulting/ assistance, capital support, technology, facilities and ideas, networks, strategies, and communication or promotion of tenant products. Fifth, the recommended training areas are business technical, marketing, finance and banking, export-import, law, human resources and product development. Sixth, the role of the academic community can be as experts, sources of business networks, and other support personnel. Seventh, UBI success measurement can be done using financial performance and can be combined with operational performance.

Item Type:	Article
Subjects:	H Social Sciences > H Social Sciences (General)
Divisions:	Prodi S1 Manajemen
Depositing User:	Mrs. Santi Rimadias
Date Deposited:	22 Feb 2024 02:06
Last Modified:	22 Feb 2024 02:06
URI:	http://repository.ibs.ac.id/id/eprint/7690

Actions (login required)

View Item