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Capability Assessment toward Sustainable Development of Business Incubators: Framework and Experience Sharing

Author

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  • Nathasit Gerdsri

    (College of Management, Mahidol University, Bangkok 10400, Thailand)

  • Boonkiart Iewwongcharoen

    (Graduate School of Management and Innovation (GMI), King Mongkut’s University of Technology Thonburi, Bangkok 10400, Thailand)

  • Kittichai Rajchamaha

    (College of Management, Mahidol University, Bangkok 10400, Thailand)

  • Nisit Manotungvorapun

    (School of Business Administration, Bangkok University, Pathum Thani 12120, Thailand)

  • Jakapong Pongthanaisawan

    (Energy Research Institute, Chulalongkorn University, Bangkok 10330, Thailand)

  • Watcharin Witthayaweerasak

    (Thai Business Incubators and Science Parks Association, Pathum Thani 12120, Thailand)

Abstract

Business incubators have been widely developed to advise, support, promote, and provide a nurturing environment for new business start-ups and entrepreneurs. The development of a framework for capability assessment allows the management of each incubator to understand its strengths and room for further improvement. Moreover, assessment results across a community, such as a nation or state, can provide insights into resource allocation and various management policies so that policymakers can support the development of business incubators under their supervision. This article describes the development of a capability assessment framework for business incubators (BIs) in Thailand. A case study demonstrating how the capability assessment is analyzed is also presented in the article.

Suggested Citation

  • Nathasit Gerdsri & Boonkiart Iewwongcharoen & Kittichai Rajchamaha & Nisit Manotungvorapun & Jakapong Pongthanaisawan & Watcharin Witthayaweerasak, 2021. "Capability Assessment toward Sustainable Development of Business Incubators: Framework and Experience Sharing," Sustainability, MDPI, vol. 13(9), pages 1-20, April.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:9:p:4617-:d:540385
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    References listed on IDEAS

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    Cited by:

    1. Nathasit Gerdsri & Nisit Manotungvorapun, 2021. "Readiness Assessment for IDE Startups: A Pathway toward Sustainable Growth," Sustainability, MDPI, vol. 13(24), pages 1-17, December.

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