IDEAS home Printed from https://ideas.repec.org/a/rbs/ijbrss/v7y2018i1p25-34.html
   My bibliography  Save this article

Client Selection Criteria and Performance of Incubator Centers in Kenya: A Resource based Approach

Author

Listed:
  • Miriti Jane Kinya

    (Author: Department of Business and Entrepreneurship, Karatina University, Nairobi, Kenya.)

  • Kenneth Lawrence Wanjau

    (Department of Business and Entrepreneurship, Karatina University, Nairobi, Kenya)

  • Humphrey R. Omondi

    (Department of Ecomics, University, Karatina University, Nairobi, Kenya)

Abstract

Business incubatorsare regarded as entrepreneurial hubs, unleashing entrepreneur’s ideas and businesses into the market, in turn, jobs are created and the economy of the area is improved. Due to the stiff competition for placement into an incubator program it is imperative for incubator management come-up with strategies of being more efficient and effective in utilizing resources to achieve superior performance. Hence the need to critically select clients, whose ideas fit the incubator’s mission and upon graduation create high growth businesses, with a higher survival rate of 90%.The study is anchored on Resource Based Theory. The study used a correlation design that focused on causal relationship of client selection criteria and incubator centre performance (ICP). The study population was 41 incubator managers in Kenya. After missing data analysis two respondents were expunged leaving 39 respondents. Secondary data was obtained from published sources such as company reports, manuals and research done by other scholars. Structural Equation Modelling (SEM) approach was used to analyze the measurement model and test the hypothesized relationship in this study. Simple linear regression model was used to measure the strength of the relationship between client selection criteria and performance incubator centre in Kenya. The results of the combined effect model indicated that client selection criteria had a significant relationship with performance of incubator centres Key Words: client selection criteria, resource based view, Structural Equation Model, Incubator centres

Suggested Citation

  • Miriti Jane Kinya & Kenneth Lawrence Wanjau & Humphrey R. Omondi, 2018. "Client Selection Criteria and Performance of Incubator Centers in Kenya: A Resource based Approach," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 7(1), pages 25-34, January.
    • Handle: RePEc:rbs:ijbrss:v:7:y:2018:i:1:p:25-34
    as

    Download full text from publisher

    File URL: http://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/50/52
    Download Restriction: no
    File URL: http://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/50
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sean M. Hackett & David M. Dilts, 2004. "A Systematic Review of Business Incubation Research," The Journal of Technology Transfer, Springer, vol. 29(1), pages 55-82, January.
    2. Peter Kimuyu, 2007. "Corruption, firm growth and export propensity in Kenya," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 34(3), pages 197-217, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Miriti Jane Kinya & Kenneth Lawrance Wanjau & Nyagweth Ebenezer Odeyo, 2021. "The role of incubator classification on performance of incubators in Kenya," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(6), pages 256-267, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Han, Shaojie & Su, Jingqin & Lyu, Yibo & Liu, Qing, 2022. "How do business incubators govern incubation relationships with different new ventures?," Technovation, Elsevier, vol. 116(C).
    2. Mingfeng Tang & Grace Sheila Walsh & Cuiwen Li & Angathevar Baskaran, 2021. "Exploring technology business incubators and their business incubation models: case studies from China," The Journal of Technology Transfer, Springer, vol. 46(1), pages 90-116, February.
    3. Manhart, Niklas, 2022. "The Mission Comes First: Exploring the Mechanisms of Organizational Sponsorship for the Acceleration of Social Start-Ups," Junior Management Science (JUMS), Junior Management Science e. V., vol. 7(2), pages 289-337.
    4. Christina Theodoraki & Karim Messeghem & Mark P. Rice, 2018. "A social capital approach to the development of sustainable entrepreneurial ecosystems: an explorative study," Small Business Economics, Springer, vol. 51(1), pages 153-170, June.
    5. Xiangfei Yuan & Haijing Hao & Chenghua Guan & Alex Pentland, 2022. "Which factors affect the performance of technology business incubators in China? An entrepreneurial ecosystem perspective," PLOS ONE, Public Library of Science, vol. 17(1), pages 1-20, January.
    6. Nadine Levratto & Clarisse Nguedam Ntouko & Maarouf Ramadan, 2017. "Institutions and firms’ internationalization: an empirical analysis on three Middle East countries," EconomiX Working Papers 2017-37, University of Paris Nanterre, EconomiX.
    7. Lise Aaboen & Hans Löfsten, 2015. "International new ventures localised in incubators - markets, resources and dynamic environment," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 7(1), pages 24-46.
    8. K. Poehlmann & R. Helm & O. Mauroner & J. Auburger, 2021. "Corporate spin-offs’ success factors: management lessons from a comparative empirical analysis with research-based spin-offs," Review of Managerial Science, Springer, vol. 15(6), pages 1767-1796, August.
    9. Hasan A. Faruq, 2017. "Corruption, product complexity and African exporters," Applied Economics, Taylor & Francis Journals, vol. 49(6), pages 534-546, February.
    10. Alaassar, Ahmad & Mention, Anne-Laure & Aas, Tor Helge, 2021. "Exploring a new incubation model for FinTechs: Regulatory sandboxes," Technovation, Elsevier, vol. 103(C).
    11. Amandine Maus & Sylvie Sammut, 2018. "Business model innovation in incubators: the role played by dynamic capabilities theory," Post-Print hal-02466175, HAL.
    12. Fabrice Gilles & Yannick L'Horty & Ferhat Mihoubi, 2021. "The Effects of the Non-Financial Component of Business Accelerators," TEPP Working Paper 2021-06, TEPP.
    13. Danny Soetanto & Sarah L. Jack, 2018. "Slack resources, exploratory and exploitative innovation and the performance of small technology-based firms at incubators," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1213-1231, October.
    14. Elsie Harper-Anderson & David A. Lewis, 2018. "What Makes Business Incubation Work? Measuring the Influence of Incubator Quality and Regional Capacity on Incubator Outcomes," Economic Development Quarterly, , vol. 32(1), pages 60-77, February.
    15. van Burg, E. & Gilsing, V.A. & Reymen, I.M.M.J. & Romme, A.G.L., 2008. "Creating university spin-offs : A science-based design perspective," Other publications TiSEM ed13609d-fde4-43dc-ba8a-d, Tilburg University, School of Economics and Management.
    16. Angelo Cavallo & Antonio Ghezzi & Cristina Rossi-Lamastra, 2021. "Small-medium enterprises and innovative startups in entrepreneurial ecosystems: exploring an under-remarked relation," International Entrepreneurship and Management Journal, Springer, vol. 17(4), pages 1843-1866, December.
    17. Xiangfei Yuan & Haijing Hao & Chenghua Guan & Alex Pentland, 2021. "What are the key components of an entrepreneurial ecosystem in a developing economy? A longitudinal empirical study on technology business incubators in China," Papers 2103.08131, arXiv.org.
    18. Kouam, Jean & Asongu, Simplice, 2022. "Effects of Taxation on Social Innovation and Implications for Achieving Sustainable Development Goals in Developing Countries: A Literature Review," MPRA Paper 114061, University Library of Munich, Germany.
    19. Michel Dion, 2011. "Corruption, fraud and cybercrime as dehumanizing phenomena," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 38(5), pages 466-476, April.
    20. David F. Robinson, 2008. "The Development and Diffusion of Business Incubation Capabilities in Five Emerging Markets in South America," NFI Working Papers 2008-WP-08, Indiana State University, Scott College of Business, Networks Financial Institute.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rbs:ijbrss:v:7:y:2018:i:1:p:25-34. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Umit Hacioglu (email available below). General contact details of provider: https://edirc.repec.org/data/ssbffea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.