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Measuring The Effectiveness Of Business Incubators: A Four Dimensions Approach From A Gulf Cooperation Council Perspective

Author

Listed:
  • HANADI AL-MUBARAKI

    (College of Engineering and Petroleum, Kuwait University, PO Box 39964, Nuzha, Kuwait)

  • HOLGER SCHRÖL

    (Magdeburg Research and Competence Cluster VLBA, Otto-von-Guericke University Magdeburg, Universitätsplatz 2, 39016 Magdeburg, Germany)

Abstract

Business incubators are intended to support startup and entrepreneurial businesses by providing a number of services and resources to clients. The effectiveness of the business incubation industry has been debated since the industry gained popularity in the 1990s. But up to now, there exists no commonly agreed model in theory and practice to measure the effectiveness of business incubation in a standardized way. The aim of this paper is to identify and to assess critical dimension of business incubation, which are suitable to measure the effectiveness of business incubation. This research is a multi-method approach combining desk-research, interviews and a multi-case study of five incubator organizations in the Gulf Cooperation Council (GCC) member states. From these findings, a model for measuring the effectiveness of business incubation in a standardized way is developed. This model helps incubator manager, policy maker researchers, practitioners, stakeholders and government parties for successful implementation of business incubation initiatives. In addition, it increases new knowledge for academic literature incubators and economic development.

Suggested Citation

  • Hanadi Al-Mubaraki & Holger Schröl, 2011. "Measuring The Effectiveness Of Business Incubators: A Four Dimensions Approach From A Gulf Cooperation Council Perspective," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 19(04), pages 435-452.
    • Handle: RePEc:wsi:jecxxx:v:19:y:2011:i:04:n:s0218495811000842
    DOI: 10.1142/S0218495811000842
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    References listed on IDEAS

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    1. ., 2004. "Conclusion: Business Cycle Theory and Economic Policy," Chapters, in: Dimitri B. Papadimitriou (ed.), Induced Investment and Business Cycles, chapter 10, Edward Elgar Publishing.
    2. anonymous, 2004. "Big Mac economics," Inside the Vault, Federal Reserve Bank of St. Louis, issue Spring.
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    Cited by:

    1. Chaffik Bakkali & Karim Messeghem & Gérald Naro & Sylvie Sammut, 2014. "Le Balanced Scorecard Dans Une Approche Constructiviste : Le Cas Des Incubateurs," Post-Print hal-01899216, HAL.
    2. Hanadi Mubarak Al-Mubaraki & Michael Busler, 2017. "Challenges and opportunities of innovation and incubators as a tool for knowledge-based economy," Journal of Innovation and Entrepreneurship, Springer, vol. 6(1), pages 1-18, December.
    3. Marcie Pitt-Catsouphes & Stephanie Cosner Berzin & Tay K. McNamara & Cal Halvorsen & Jim Emerman, 2016. "The Impact of the Purpose Prize™: Exploring a Method to Stimulate Social Entrepreneurship," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 24(02), pages 133-167, June.

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