An Empirical Study of Technology Business Incubation on Economic Growth of Pakistan

Abstract

Technology Business Incubators (TBIs) are seen as a mechanism that could create supportive and entrepreneurial environments for technology-based start-ups, helping them to increase their survival rates. TBIs are designed to offer start-ups the technological support and services and a solution in bridging the knowledge gap to help them develop their own viable businesses, by providing are source-based necessary for supporting their development in early and critical stage. Many TBIs have been established in hoping to promote national economic growth. To promote the success of TBIs in emerging markets, it is therefore important for the incubator management team or policy makers to understand the necessary resource required to support the development of their start-ups in order to help them to become viable businesses. The purpose of this paper is to determine enabling factors influencing the success of technology business incubators (TBIs) with respect to existing and acquired resources, and describe how these enabling factors have been implemented in practice to increase the economic growth of Pakistan.

Keywords: Technology, business Incubators, Entrepreneurship, Innovation