OJBM  Vol.1 No.1 , April 2013
University-Industry Business Incubators in Taiwan
ABSTRACT
According to World Economic Forum data, if an area’s average income per capita is over 9000 US dollars, then knowledge and technological innovation will be the most important forces driving its economic growth. In Taiwan 98% of the companies are small and medium enterprises (SMEs), and they play a fundamental role in the sustainable development of Taiwan’s economy, but due to limited funding, very few of them have established research and development (R&D) departments. Over 70% of the R & D resources in Taiwan are held by universities, which have become hubs for new knowledge and technologies. Through university-industry collaboration, original and breakthrough ideas, inventions, and innovations are systematically channeled from universities into industrial applications and used to develop an entrepreneurial economy. This method has been proven effective in many developing countries. This paper examines how the government policy helps university incubators enhance R & D ability and subsequently promote production efficiency and product quality.

Cite this paper
Wang, W. , Hung, Y. and Wang, C. (2013) University-Industry Business Incubators in Taiwan. Open Journal of Business and Management, 1, 1-8. doi: 10.4236/ojbm.2013.11001.
References
[1]   NBIA (National Business Incubator Association), 2010. http://www.nbia.org/resource-library/faq/#13

[2]   R. W. Smilor and M. D. Gill, “The New Business Incubator—Linking Talent, Technology, Capital and Know-How,” Heath and Company, Massachusetts, 1986.

[3]   S. A. Mian, “Assessing and Managing the University Technology Business Incubator: An Integrative Framework,” Journal of Business Venturing, Vol. 12, No. 4, 1997, pp. 251-285. doi:10.1016/S0883-9026(96)00063-8

[4]   I. Hamilton-Fazey, “The UK Experience with Science Parks and Technology Incubators,” In: Organisation de coopération et de développement économiques, Technology Incubators: Nurturing Small Firms, OCDE, Paris, 1999, pp. 44-48.

[5]   S. Reid and E. Garnsey, “Incubation Policy and Resource Provision: Meeting the Needs of Young, Innovative Firms,” In: R. Oakey, Ed., New Technology-Based Firms in the 1990s, Vol. 5, Paul Chapman, London, 1998, pp. 67-80.

[6]   S. Geiger and M. Shane, “The Internet as a Relationship Marketing Tool—Some Evidence from Irish Companies,” Irish Marketing Review, Vol. 12, No. 2, 1999, pp. 24-36.

[7]   X. R. Yang, Dissemination of Research Methods of the San Min Bookstore in Taipei, Taiwan, 1996.

[8]   Mei-Hui, “Content Analysis, Text Analysis and Discourse Analysis in Social Research,” Research, Eighth, 2000, pp. 5-42.

[9]   D.F. Kuratko and W. R. LaFollette, “Small Business Incubators for Local Economic Development,” Economic Development Review, Vol. 5, No. 2, 1987, pp. 49-55.

[10]   M. P. Rice, “Co-Production of Business Assistance in Business Incubators: An Exploratory Study,” Journal of Business Venturing, Vol. 17, No. 2, 2002, pp. 163-187. doi:10.1016/S0883-9026(00)00055-0

[11]   NBIA (National Business Incubator Association), University of Michigan, NBIA, Ohio University and Southern Technology Council, Business Incubation Works, 1997.

[12]   S. M. Hackett and D. M. Dilts, “A Real Options-Driven Theory of Business Incubation,” Journal of Technology Transfer, Vol. 29, No. 1, 2004, pp. 41-54. doi:10.1023/B:JOTT.0000011180.19370.36

[13]   D. Adkins, “A Brief History of Business Incubation in the United States,” National Business Incubation Association, Athens, 2002.

[14]   R. Aernoudt, “Incubators: Tool for Entrepreneurship?” Small Business Economics, Vol. 23, No. 2, 2004, pp. 127-135.

[15]   H. Leblebici and N. Shah, “The Birth, Transformation and Regeneration of Business Incubators as New Organisational Forms: Understanding the Interplay between Organisational History and Organisational Theory,” Business History, Vol. 46, No. 3, 2004, pp. 353-380. doi:10.1080/0007679042000219175a

[16]   T. O’Neal, “Evolving a Successful University-Based Incubator: Lessons Learned From the UCF Technology Incubator,” Engineering Management Journal, Vol. 17, No. 3, 2005, pp. 11-25.

[17]   EC, “Benchmarking of Business Incubators,” Final Report, Brussels, 2002.

[18]   D. Allen and V. Levine, “Nurturing Advanced Technology Enterprises: Emerging Issues in State and Local Economic Development Policy,” Prager, New York.

[19]   D. N. Allen and R. McCluskey, “Structure, Policy, Services and Performance in the Business Incubator Industry,” Entrepreneurship, Theory and Practice, Vol. 15, No. 2, 1986, pp. 61-77.

[20]   H. Al-Mubaraki, “Procurement of International Business Incubation-Quantitative and Qualitative Approaches,” Melrose Books, 2008. www.melrosebooks.com

[21]   S. A. Mian, “Are University Technology Incubators Providing a Milieu for Technology-Based Entrepreneurship?” Technology Management, Vol. 1, 1994, pp. 86-93.

[22]   R. G. Phillips, “Technology Business Incubators: How Effective as Technology Transfer Mechanism?” Technology in Society, Vol. 24, No. 3, 2002, pp. 299-316. doi:10.1016/S0160-791X(02)00010-6

[23]   R. McAdam, “High Tech Start-ups in University Science Park Incubators: The Relationship between the Start-Up’s Lifecycle Progression and Use of the Incubator’s Resources,” Technovation, Vol. 28, No. 5, 2008, pp. 277-290. doi:10.1016/j.technovation.2007.07.012

[24]   H. Al-Mubaraki and M. Busler, “Business Incubators: Findings from Worldwide Survey and Guidance for the G.C.C States,” World Sustainable Development Outlook, 2009, pp. 83-91.

[25]   H. Al-Mubaraki and M. Busler, “Business Incubators: Findings Fromworldwide Survey, and Guidance for the G.C.C States,” Global Business Review, Vol. 11, No. 1, 2010, pp. 1-20. doi:10.1177/097215090901100101

[26]   H. Al-Mubaraki and M. Busler, “Sustainable Development through the Inclusion of Incubator: A SWOT Analysis,” World Sustainable Development Outlook, 2010, pp. 51-63.

[27]   H. Al-Mubaraki and M. Busler, “Innovation, Entrepreneurship, Job Creation, Based on Incubators: International Experience,” The 9th Biennial Conference on Entrepreneurship, Gandhinagar, 16-18 February 2011.

[28]   European Union Regional Policy (EURP), “The Smart Guide to Innovation Based Incubators,” 2010. http://www.ebn.eu/assets/assets/pdf/news/final_case-studies-nma-07042010.pdf

[29]   Annual Report of the Small and Medium Enterprise Administration (SMEA) Ministry of Economic Affairs, Taiwan, 2011.

[30]   Massachusetts Institute of Technology (MIT) Website, 2012. http://www.mit.edu

 
 
Top