Middle East towards Incubator Benefits: Case Studies

In the context of business incubation (BI) as strategic enablers, this paper critically reviews the literature relating to the strategic benefits of BI in the Middle East. The taxonomy of BI benefits in the strategic elements on 1) type, 2) financial model, 3) services, 4) objectives, 5) number of clients, 6) number of graduates, and 7) jobs creation. Understanding the importance of BI benefits can be significant in the economic development although most incubators lead to diversify the economy. Thus, taxonomies of the benefits of BI are produced from both the academic literature and published case studies. In this way, a classification of strategic benefits elements as they relate to incubators has been developed to provide a greater understanding of the benefits needed to obtain a specific element. The result of this paper is Business incubators is aimed entrepreneurship, jobs creation, research commercialization and profitable enterprises in Middle Eastern countries.

Authors:

• Hanadi Mubarak AL-Mubaraki
• Michael Busler

Keywords:

• Economic Development
• Incubators
• Middle East
• Strategic.

References:

[1] Allen, D.N. and Weinberg, M.L. ÔÇÿState investment in business
incubators-. Public Administration Quarterly, 12(2), 196-215, 1988.
[2] Al-Mubaraki, H. "Procurement of International Business
Incubation - Quantitative and Qualitative approaches". Melrose
Books. United Kingdom, 2008. www.melrosebooks.com
[3] Al-Mubaraki, H., Al-Karaghouli, W. and Busler, M. "The Creation of
Business Incubators in Supporting Economic Developments".
European, Mediterranean & Middle Eastern Conference on Information
Systems 2010 (EMCIS2010), April 12-13, 2010, Abu Dhabi.
[4] Brown M., Harrell M.P. and Regner W. Internet Incubators: How to
invest in the new economy without becoming as investment company,
Business Lawyer, 2000, 56(1): 273- 284.
[5] Campbell, C. Change Agents in the New Economy, Business Incubators
and Economic Development, Economic development Review, 1989,
7(2): 56-59.
[6] Chandra, A. and Fealey, T. Business Incubation in the United States,
China and Brazil: A Comparison of Role of Government. Incubator
Funding and Financial, 2009.
[7] InfoDEV., 2009. Mixed-use Incubator Handbook: A Start-up Guide for
Incubator Developers. Retrieved on July 5, 2010, from
http://www.infodev.org/en/Publication.733.html.
[8] InfoDEV, 2011. Middle East incubators,
http://www.idisc.net/en/Region.5.html.
[9] Monkman, D. Business Incubators and Their Role in Job Creation.
President and CEO National Business Incubation Association (NBIA),
Athens, Ohio. Retrieved on June 30, 2010 from www.nbia.org.
[10] National Business Incubation Association (NBIA). What is Business
Incubation? Retrieved on June 11, 2009.
[11] National Business Incubation Association (NBIA). Retrieved on May
26, 2010, from http://www.nbia.org/resource_library/faq/#13.
[12] Scheirer M.A, Nieva V.F, Gaertner G.H, Newman P.D and Ramsey V.
Innovation and Enterprise: A Study of NSF-s Innovation Centres
Program, Report prepared for the National Science Foundation,
December, 1985.
[13] Smilor R.W. and Gill M.D. The New Business Incubator: Linking
Talent, Technology, Capital, and Know-How, Massachusetts: Lexington
Books, 1986.