Prioritizing Success Factors for the Performance of Sustainable Business Incubators: A Case Study of Andalas University
Journal Title: Journal of Organizations, Technology and Entrepreneurship - Year 2024, Vol 2, Issue 2
Abstract
Studying the success factors of sustainability-focused business incubators is crucial because these incubators support startups that address environmental and social challenges, promoting sustainable development. Understanding these success factors enables incubators to provide targeted support that enhances the viability and impact of sustainable ventures. By optimizing the performance of sustainability incubators business will address global sustainability challenges and contribute to a more sustainable economy. This study aims to identify factors that support the success of a business incubator in a case study at Andalas University. This research used the Analytic Hierarchy Process (AHP) method, identifying ten factors with 49 subfactors supporting the incubator’s success. Impact Factor (I) with a weight of 0.2349, Output (O) with a weight of 0.1978, and Resource Capacity (SD) with a weight of 0.1286 are the three main factors that determine the success of an incubator. The prioritized subfactors are Contribution to Regional Economic Growth (I2) with a weight of 0.1898, Technology and New Products (O3) with a weight of 0.0711, and Cooperation with Industry (EK1) with a weight of 0.0477. These factors are recommended because they are expected to support the success of the Andalas University Business Incubator.
Authors and Affiliations
Prima Fithri;Alizar Hasan;Syafrizal;Donard Games
Keywords
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- EP ID EP749667
- DOI https://doi.org/10.56578/jote020202
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