IDEAS home Printed from https://ideas.repec.org/a/mth/ber888/v12y2022i3p56-71.html
   My bibliography  Save this article

The Effect of Business Incubator Graduation Policy towards the Performance of Entrepreneurs in the Early Start-Up Companies in Malaysia with the Moderating Effect of Risk-taking Propensity

Author

Listed:
  • Mohd Noor Hidayat Jimainal
  • Ramraini Ali Hassan
  • Khairiah Mazdiah Kalimin
  • Rudy Ansar
  • Brahim Chekima
  • Lim Ming Fook

Abstract

The objective of this study is to investigate the impact of business incubator graduation policy on the performance of entrepreneurs in the early start-up companies in Malaysia with the moderating role of risk-taking propensity. The target respondents were entrepreneurs who graduated from business incubator in Sabah, Sarawak, Johor, Selangor, Kuala Lumpur and Penang. A total of 121 valid questionnaires were used for analysis in this paper. The data were analysed using Partial Least Squares (PLS) within the Structural Equation Modelling (SEM) technique. The results show that graduation policy has a significant positive effect on the performance of entrepreneurs in the early start-up companies. However, risk-taking propensity has no moderating role between graduation policy and the performance of entrepreneurs in the early start-up companies in Malaysia. The findings of the study's outputs may serve as guidelines for the Malaysian policy makers and government agencies as well as business incubators to have a better picture of entrepreneurs in business incubators in Malaysia. The results obtained can also be used by other researchers as guidelines for their future research in the same field of study. Discussion and limitation of the study is elaborated further.

Suggested Citation

  • Mohd Noor Hidayat Jimainal & Ramraini Ali Hassan & Khairiah Mazdiah Kalimin & Rudy Ansar & Brahim Chekima & Lim Ming Fook, 2022. "The Effect of Business Incubator Graduation Policy towards the Performance of Entrepreneurs in the Early Start-Up Companies in Malaysia with the Moderating Effect of Risk-taking Propensity," Business and Economic Research, Macrothink Institute, vol. 12(3), pages 56-71, December.
    • Handle: RePEc:mth:ber888:v:12:y:2022:i:3:p:56-71
    as

    Download full text from publisher

    File URL: https://www.macrothink.org/journal/index.php/ber/article/download/20094/15687
    Download Restriction: no
    File URL: https://www.macrothink.org/journal/index.php/ber/article/view/20094
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Gregory G. Dess & Richard B. Robinson, 1984. "Measuring organizational performance in the absence of objective measures: The case of the privately‐held firm and conglomerate business unit," Strategic Management Journal, Wiley Blackwell, vol. 5(3), pages 265-273, July.
    2. Gentry William M. & Hubbard R. Glenn, 2004. "Entrepreneurship and Household Saving," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 4(1), pages 1-57, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Covas, Francisco, 2006. "Uninsured idiosyncratic production risk with borrowing constraints," Journal of Economic Dynamics and Control, Elsevier, vol. 30(11), pages 2167-2190, November.
    2. Anna Stankiewicz-Mróz, 2019. "Influence of Interlocking Directorates on Integration after the Acquisition of Warsaw Stock Exchange—Listed Companies," Sustainability, MDPI, vol. 11(24), pages 1-22, December.
    3. Panagiotis Trivellas & Georgios Malindretos & Panagiotis Reklitis, 2020. "Implications of Green Logistics Management on Sustainable Business and Supply Chain Performance: Evidence from a Survey in the Greek Agri-Food Sector," Sustainability, MDPI, vol. 12(24), pages 1-29, December.
    4. Olunifesi Adekunle Suraj, 2016. "Managing Telecommunications for Development: An Analysis of Intellectual Capital in Nigerian Telecommunication Industry," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 15(01), pages 1-30, March.
    5. Van Wijk, Raymond & Nadolska, Anna, 2020. "Making more of alliance portfolios: The role of alliance portfolio coordination," European Management Journal, Elsevier, vol. 38(3), pages 388-399.
    6. James J. Chrisman & John Leslie, 1989. "Strategic, Administrative, and Operating Problems: The Impact of Outsiders on Small Firm Performance," Entrepreneurship Theory and Practice, , vol. 13(3), pages 37-52, April.
    7. Schneider, Christian O. & Bremen, Philipp & Schönsleben, Paul & Alard, Robert, 2013. "Transaction cost economics in global sourcing: Assessing regional differences and implications for performance," International Journal of Production Economics, Elsevier, vol. 141(1), pages 243-254.
    8. Marina Fiedler & Isabell Welpe & Arnold Picot, 2010. "Understanding Radical Change: An Examination of Management Departments in German-speaking Universities," management revue. Socio-economic Studies, Rainer Hampp Verlag, vol. 21(2), pages 111-134.
    9. Gubik, Andrea S. & Vörös, Zsófia, 2023. "Why narcissists may be successful entrepreneurs: The role of entrepreneurial social identity and overwork," Journal of Business Venturing Insights, Elsevier, vol. 19(C).
    10. Panousi, Vasia, 2009. "Capital Taxation with Entrepreneurial Risk," MPRA Paper 24237, University Library of Munich, Germany.
    11. Miao, Jianjun & Wang, Neng, 2007. "Investment, consumption, and hedging under incomplete markets," Journal of Financial Economics, Elsevier, vol. 86(3), pages 608-642, December.
    12. K. Poehlmann & R. Helm & O. Mauroner & J. Auburger, 2021. "Corporate spin-offs’ success factors: management lessons from a comparative empirical analysis with research-based spin-offs," Review of Managerial Science, Springer, vol. 15(6), pages 1767-1796, August.
    13. Stam, Wouter, 2009. "When does community participation enhance the performance of open source software companies?," Research Policy, Elsevier, vol. 38(8), pages 1288-1299, October.
    14. Hu, Michael Y. & Chen, Haiyang, 1996. "An empirical analysis of factors explaining foreign joint venture performance in China," Journal of Business Research, Elsevier, vol. 35(2), pages 165-173, February.
    15. Sungchang Lee & Young Jun Kim, 2024. "Analyzing Factors That Affect Korean B2B Companies’ Sustainable Performance," Sustainability, MDPI, vol. 16(5), pages 1-21, February.
    16. Markus Brueckner & Tomoo Kikuchi & George Vachadze, 2016. "Effects of Income Growth on Domestic Saving Rates: The Role of Poverty and Borrowing Constraints," ANU Working Papers in Economics and Econometrics 2016-636, Australian National University, College of Business and Economics, School of Economics.
    17. Mankart, Jochen & Rodano, Giacomo, 2015. "Personal bankruptcy law, debt portfolios, and entrepreneurship," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 157-172.
    18. Lavlu Mozumdar & Geoffrey Hagelaar & Valentina C. Materia & S. W. F. Omta & Mohammad Amirul Islam & Gerben Velde, 2019. "Embeddedness or Over-Embeddedness? Women Entrepreneurs’ Networks and Their Influence on Business Performance," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 31(5), pages 1449-1469, December.
    19. Jae Young Lim & Kuk-Kyoung Moon, 2020. "Perceived Environmental Threats and Pro-Environmental Behaviors: Investigating the Role of Political Participation Using a South Korean Survey," IJERPH, MDPI, vol. 17(9), pages 1-16, May.
    20. Zahoor, Nadia & Zopiatis, Anastasios & Adomako, Samuel & Lamprinakos, Grigorios, 2023. "The micro-foundations of digitally transforming SMEs: How digital literacy and technology interact with managerial attributes," Journal of Business Research, Elsevier, vol. 159(C).

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mth:ber888:v:12:y:2022:i:3:p:56-71. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Technical Support Office (email available below). General contact details of provider: http://www.macrothink.org/journal/index.php/ber .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.