DEVELOPING A BUSINESS INCUBATION MODEL FOR UNIVERSITY INCUBATORS IN THE UPPER CENTRAL REGION OF THAILAND’S HIGHER EDUCATION NETWORK
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Abstract
Purpose: This research aimed to develop a business incubation model for university incubators in the upper central region of Thailand’s higher education network.
Study Design/Methodology/Approach: Data were collected from a purposive sample of 400 executives, managers, and staff at UBI centers. Using Structural Equation Modeling (SEM), the study analyzed the factors influencing business success.
Findings: The results revealed that selecting incubators, managing incubators, providing incubator services, and financial support all influence the creation of entrepreneurs. This relationship is mediated by the technology development within the incubated businesses. Of these factors, managing incubators had the greatest influence, followed by selecting incubators.
Originality/Value: University business incubators can use the findings to guide policy development and implementation, thereby fostering the growth of successful businesses and cultivating sustainable entrepreneurs.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Chinese Journal of Social Science and Management Editorial Division
The Office of Research and Development, Panyapiwat Institute of Management
85/1 Moo 2, Chaengwattana Rd., Bang Talat, Pakkred, Nonthaburi 11120, Thailand
Tel. 02 855 01048 E-mail: cjssm@pim.ac.th
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