Incubators and government policy for developing it industry and region in emerging economies

Mohd Fuaad Said, Khairul Akmaliah Adham, Janette Marcial @ Nur Atiqah Abdullah, Seppo Hänninen, Steven T. Walsh

Research output: Contribution to journalArticle

10 Citations (Scopus)

Abstract

Incubation, a concept supported by a variety of economic cluster theories, is a vital element in economic development in developed countries. The entrepreneurial businesses that they house often improve the developed economies in terms of not only jobs but also wealth creation. The question that this article embraces is as follows: "Do incubators play the same vital role in economic development in developing regions of the world?" We use the case study methodology to develop this query in a focus area of regional development in an emerging economy. We examine the implementation of three incubators located in designated cybercities. The cybercity concept is one of the Malaysian government's initiatives to encourage the development of the IT industry within the Multimedia Super Corridor (MSC) Program. This study takes advantage of the 10-year development of cybercities by performing a longitudinal study. We found that these incubators did well in achieving their initial performance objectives, but they need to catch up with developed countries' continued rapid progress.

Original languageEnglish
Pages (from-to)65-96
Number of pages32
JournalAsian Academy of Management Journal
Volume17
Issue number1
Publication statusPublished - 2012

Fingerprint

Emerging economies
IT industry
Incubator
Government policy
Economic development
Developed countries
Incubation
Longitudinal study
Wealth creation
Query
Economics
Catch-up
Regional development
Methodology
Cluster theory
Government
Multimedia

Keywords

  • Cybercity
  • Government policy
  • Incubators
  • IT industry development
  • MSC
  • MSC central incubator
  • Regional development
  • Technology entrepreneurship
  • TPM incubator
  • UPM-MTDC incubator

ASJC Scopus subject areas

  • Business, Management and Accounting(all)

Cite this

Incubators and government policy for developing it industry and region in emerging economies. / Said, Mohd Fuaad; Adham, Khairul Akmaliah; Marcial @ Nur Atiqah Abdullah, Janette; Hänninen, Seppo; Walsh, Steven T.

In: Asian Academy of Management Journal, Vol. 17, No. 1, 2012, p. 65-96.

Research output: Contribution to journalArticle

Said, Mohd Fuaad ; Adham, Khairul Akmaliah ; Marcial @ Nur Atiqah Abdullah, Janette ; Hänninen, Seppo ; Walsh, Steven T. / Incubators and government policy for developing it industry and region in emerging economies. In: Asian Academy of Management Journal. 2012 ; Vol. 17, No. 1. pp. 65-96.
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