MEASURING BUSINESS INCUBATION EFFECTIVENESS: AN INCUBATEE CENTRIC APPROACH – A TANZANIA BASED STUDY
Publication Date : 01-01-2023
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Abstract :
Business incubators are economic growth and development tools which help to create new businesses in a community. The business incubators are also integral parts of the modern entrepreneurial ecosystem, which supports the growth of start-ups based on a broad range of measures. This study focuses on measuring the effectiveness of business incubation program from the incubates’ point of view because the incubates’ are the main targeted beneficiaries of the incubation program. We used a cross section survey study where data were collected once from different graduated incubates in different sectors and regions in Tanzania. The focal regions for the study were Dar es salaam, Morogoro, and Iringa regions. These regions were purposefully selected due to the high number of incubators and startups which in turn makes a high number of incubates. Questionnaire and interview were used to collect data from the sample of 31 respondents who were obtained through snowball sampling technique. Researchers used both descriptive and content data analysis to analyze data. The findings from this study concluded that, attainment of incubates’ expectations (success indicators) is a good measure of incubation effectiveness. This study recommends an evaluation of incubation effectiveness by focusing on incubation services output or impact on incubates to be the best approach. Key words: Entrepreneurship, Innovation, Incubation
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