2023
DOI: 10.33050/sabda.v2i1.260
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A Review of Indonesian Business Start-Up Incubator Models

Abstract: The new global economy has a need for business incubation, which is brought on by deregulation, globalization, and the quick and significant advances in the fields of technology, telecommunications, and digitization. Every business incubator must be skilled at developing startup company strategy and have links to financial resources, related business communities, and business information and consultancy. Because the Business Incubator may strengthen the capacity and business performance of new science and tech… Show more

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Cited by 3 publications
(2 citation statements)
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“…They provide a conducive environment for early-stage ventures to develop ideas, validate business models, and accelerate growth. Research emphasises the importance of business incubators in creating value for entrepreneurs through tangible and intangible resources, fostering entrepreneurial learning, collaboration, and legitimacy with external stakeholders [15]- [18]. Incubator-affiliated startups show higher survival rates and greater opportunities to attract external funding compared to independent operations [19].…”
Section: Startup Incubators and Digital Economy Growthmentioning
confidence: 99%
“…They provide a conducive environment for early-stage ventures to develop ideas, validate business models, and accelerate growth. Research emphasises the importance of business incubators in creating value for entrepreneurs through tangible and intangible resources, fostering entrepreneurial learning, collaboration, and legitimacy with external stakeholders [15]- [18]. Incubator-affiliated startups show higher survival rates and greater opportunities to attract external funding compared to independent operations [19].…”
Section: Startup Incubators and Digital Economy Growthmentioning
confidence: 99%
“…The government helps business incubators launch new ventures and use technology to expand enterprises (Fkun et al, 2023). West Java's entrepreneurial ecosystem in Indonesia serves as a prime example of the influence that networks, financing, and government policies have on ecosystem formation (Annas & Meilinda, 2023a). Indonesia's economy depends heavily on the growth of startup enterprises, and internal elements including finance, marketing communications, human resources, and operational activities have a big impact on how well these businesses succeed (Bist, 2023).…”
Section: Introductionmentioning
confidence: 99%