Relevant bibliographies by topics / Government support - Business incubation

Academic literature on the topic 'Government support - Business incubation'

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Published: 6 September 2023

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Journal articles on the topic "Government support - Business incubation"

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Sutama, I. Ketut, I. Ketut Pasek, and I. Gede Mudana. "Business Incubators Support College Performance." Soshum : Jurnal Sosial dan Humaniora 8, no. 1 (March 30, 2018): 33. http://dx.doi.org/10.31940/soshum.v8i1.623.

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Business incubators have a very important role in developing entrepreneurship, since it gives large opportunity to its participants to develop their business skill during incubation. The Indonesian government today provides a major boost to the development of business incubators in universities or other form of higher education institutions. The purpose of this research is to analyze the validation of the establishment of business incubator in colleges. In Ministerial Regulation (Permen) Minister of Cooperation and Small Medium Entrepreneurship the Republic of Indonesia No. 24/2015 explained that the head of the university, the Rector or the Director may issue a business incubators license. Thus, internal validation can be done by university or college management through the issuance of Decree (SK) Establishment complete with personnel appointed as manager. Furthermore, the college, has to provide a place or room consisting of office space, tenant room at least 3, discussion room 1, and tenant production display room. External validation is carried out by tenants through their success of becoming independent businessmen after being forged or incubated in a business incubator for a maximum of 3 years in one incubation period.
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FONG, Tiffany W. M. "Design incubatees' perspectives and experiences in Hong Kong." Higher Education, Skills and Work-Based Learning 10, no. 3 (January 28, 2020): 481–96. http://dx.doi.org/10.1108/heswbl-10-2019-0130.

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PurposeThis paper discusses the services and support from one of the government design-based business incubators in Hong Kong. The characteristics of a design business incubator are explained, and a multiple-case study indicates the perspectives of incubatees from different design disciplines after their graduation from the incubation programme.Design/methodology/approachThe research under discussion in this paper was based on eight design incubatees in different design disciplines within two years of incubation period, all of whom had participated in one of the government-funded business incubation programmes for designers in Hong Kong. The programme is unique because there are no other government-based incubation programmes for designers in Hong Kong. Semi-structured interviews were conducted to collect feedback from incubatees in areas ranging from terms of service to support of the incubation programme.FindingsThe services of training, mentorship and finance were found to be the most important to design start-ups. Financial support and flexible funding allocation were another important issue for design incubatees, but training in these subject areas was not included in the incubation programme. However, it was confirmed that funding provided may have helped a number of the incubatees in developing their start-up businesses as a result of the reduced financial burden and office allocation.Research limitations/implicationsThe research focused on one incubation programme because of the lack of incubation programmes for designers in Hong Kong, therefore future research which compares different types of business incubation programmes is suggested.Practical implicationsThe outcomes of the research not only identified the possible areas of development and improvement of business incubation in entrepreneurship but they will also be useful for the government, universities, institutions, designers, policy makers, entrepreneurs and practitioners. These, in addition to industry stakeholders who want to evaluate their entrepreneurship programmes and develop their plans for potential development in incubation- or entrepreneurial-related programmes or training, especially in the area of design, will find the results useful.
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AL-MUBARAKI, HANADI, and HOLGER SCHRÖL. "MEASURING THE EFFECTIVENESS OF BUSINESS INCUBATORS: A FOUR DIMENSIONS APPROACH FROM A GULF COOPERATION COUNCIL PERSPECTIVE." Journal of Enterprising Culture 19, no. 04 (December 2011): 435–52. http://dx.doi.org/10.1142/s0218495811000842.

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Business incubators are intended to support startup and entrepreneurial businesses by providing a number of services and resources to clients. The effectiveness of the business incubation industry has been debated since the industry gained popularity in the 1990s. But up to now, there exists no commonly agreed model in theory and practice to measure the effectiveness of business incubation in a standardized way. The aim of this paper is to identify and to assess critical dimension of business incubation, which are suitable to measure the effectiveness of business incubation. This research is a multi-method approach combining desk-research, interviews and a multi-case study of five incubator organizations in the Gulf Cooperation Council (GCC) member states. From these findings, a model for measuring the effectiveness of business incubation in a standardized way is developed. This model helps incubator manager, policy maker researchers, practitioners, stakeholders and government parties for successful implementation of business incubation initiatives. In addition, it increases new knowledge for academic literature incubators and economic development.
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Maraqa, Amer, and Arif Darmawan. "ENHANCING THE ROLE OF NETWORKED BUSINESS INCUBATORS AS A CATALYST OF PROMOTING TRADING BUSINESS AMONG OIC." International Journal of Islamic Business 1, no. 1 (June 1, 2016): 29–49. http://dx.doi.org/10.32890/ijib2016.1.1.3.

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Business incubators have been proven as effective in creating jobs and accelerating the growth of new businesses. The purpose of this paper is to investigate and identify the situation and factors of business incubator as a catalyst to facilitate successful implementation such as, 1) young entrepreneur, 2) job creation, and 3) Networking business incubators and (SMEs) among OIC countries. Although the basic concept of business incubation remains until today, there have been several enhancements to the capability of business incubators to create entrepreneurs and improve economic driver. Moreover, institutional theory stated that business incubators have generated some positive results for small businesses’ success. The nature of this research is mainly a mixed methods approach such as case study and qualitative (literature review). Case studies reflect a comparative analysis of entrepreneurship ecosystem between Asia and Arab world. Some data retrieved from journals, articles, and business incubator report. Findings of this paper show that the rapid expansion of business incubators in Asia and the Arab world is an important phenomenon affecting the economic growth in those countries. Moreover, much attention and great support from central and/or local government has relation on growth in incubation industry. Furthermore, partnerships and sharing among different incubators is a crucial component to make incubators more successful. The findings of this paper help governments and local authorities to shape future polices for incubation industry, entrepreneurs, and economics development among OIC.
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Wonglimpiyarat, Jarunee. "Incubator policy to support entrepreneurial development, technology transfer and commercialization." World Journal of Entrepreneurship, Management and Sustainable Development 10, no. 4 (October 7, 2014): 334–51. http://dx.doi.org/10.1108/wjemsd-03-2014-0008.

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Purpose – The purpose of this paper is to study the incubator policy to support entrepreneurial development. In particular, the study reviews the incubation programs and strategies of technology transfer and commercialization as well as the innovation policies to support innovation commercialization in Thailand, based on the Triple Helix model. Design/methodology/approach – This study employs the use of case study methodology to understand in-depth the operations of major university business incubators (UBIs) and technology business incubators in enhancing the process of technology commercialization. The study examines case studies of leading UBIs (Mahidol University, Chulalongkorn University and King Mongkut's University of Technology Thonburi) and science and technology incubators of the National Science and Technology Agency (NSTDA) and the National Innovation Agency (NIA). The operations and incubating policies are analyzed through the lens of Triple Helix model. The interviews were carried out using the semi-structured questionnaire to understand the views of trilateral parties (the government, university and industry) related to the concept of Triple Helix model. The interviews were carried out with major stakeholders including policy makers, policy analysts, government officials, managers running incubators, incubates, university professors, research managers. Interview data were supported by an examination of secondary data so as to provide a cross check on internal validity. Findings – The results have shown that the incubation program is one of the major policy mechanisms to support innovation and suggested that UBIs should act as an intermediary between the spheres of university and industry to provide interactive linkages and promote effective utilization of university research. The empirical study provides insightful implications on the move toward the entrepreneurial university and the dynamics of the Triple Helix system in stimulating innovation development and diffusion. Originality/value – By focussing on the major UBIs and technology business incubators in one of the Asian Tigers – Thailand, the study offers the model of university technology commercialization which could be applied to other developing economies. The study provides useful lessons and insights on the process of technology transfer and commercialization through the university incubation mechanism (university technology commercialization).
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Shah Hussain Awan, Dr. Fahad Sultan, and Dr. Arif ud din. "Impact of Critical Factors on Entrepreneurship Development: Evidence from Business Incubation Center of Pakistan." International Journal of Social Science & Entrepreneurship 2, no. 2 (September 15, 2022): 72–95. http://dx.doi.org/10.58661/ijsse.v2i2.43.

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The purpose of the research is to investigate the effect of the business incubation critical factor on entrepreneurship development in university business incubation centers. The research design used in the study was descriptive. 228 managers of business incubators at Pakistani public and private institutions made up the study's sample. Through a cross-sectional survey, data from incubator managers were gathered using a standardized questionnaire. Smart-PLS 3.3.3 for structural equation modelling (SEM) was used to evaluate the data. The research revealed that infrastructural facilities, management support, training & development, financial support, and networking had a positive significant effect on entrepreneurial development. The study offers a number of theoretical and practical ramifications for academics, government agencies, and business professionals in developing nations who must take into account the essential elements for the growth of entrepreneurship.
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Gao, Yuchen, and Yimei Hu. "The upgrade to hybrid incubators in China: a case study of Tuspark incubator." Journal of Science and Technology Policy Management 8, no. 3 (October 2, 2017): 331–51. http://dx.doi.org/10.1108/jstpm-05-2017-0021.

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Purpose This study aims to explore key factors and specific ways for the upgrade to hybrid incubators in the context of China. A hybrid incubator means that a technology-based business incubators (TBIs) can implement various distinct value creation processes with the integration of the advantages of non-for-profit and for-profit TBIs at same time as Chinese government now requires government-sponsored non-for-profit TBIs to be profitable self-sustainability with less dependent on direct public subsidies, aiming to motivate these TBIs to provide higher quality services for their tenant new technology-based firms (NTBFs). Design/methodology/approach This study conducts a single in-depth case-study of Tuspark Incubator (located in Tsinghua Science Park [TSP]) with categorical analysis. Findings Three factors, i.e. incubation subdivision, intermediary platform and proactive approach, are found to be essential for a formerly government-sponsored TBI’s upgrading. Incubation subdivision enables Tuspark Incubator to create multiple incubation processes with incubator characteristic variables of both non-for-profit and for-profit incubators; with the establishment of intermediary platform, Tuspark Incubator provides specialized business support and high-quality networking from relevant specialized service organizations external to the incubator; more proactive approach with equity investment on incubating firms from Tuspark Incubator help to generate social welfare and financial profit at the same time. Practical implications For the incubators’ managers, incubation subdivision enables TBIs to operate for-profit and non-for-profit processes at the same time and provides different specific needs; more open intermediary service platforms can leverage the full potential of the actors in innovation system and help TBIs to save resource when upgrading to hybrid incubators; proactive approaches nurture learning climate and entrepreneurship environment to enhance the successful rate on NTBFs inside incubators and provide main profit source for incubators. For policy makers, using proactive approaches including creating a good milieu for incubation on technology-based start-ups and the design of public guidance funds is increasingly crucial. Originality/value This research is a pioneering study on the key factors and specific ways for the upgrade of government-sponsored non-for-profit TBIs in China to hybrid for-profit and non-for-profit incubators.
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Thomas, Jyotsna, and Georgee K.I. "Incubation Centres and Start-ups: A Study on Kerala’s Start-up Ecosystem." SEDME (Small Enterprises Development, Management & Extension Journal): A worldwide window on MSME Studies 47, no. 1 (March 2020): 43–52. http://dx.doi.org/10.1177/0970846420930472.

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Start-ups have got a vital role to play in the future of India by creating innovative solutions to country’s challenging issues and also by generating large-scale job opportunities for upcoming workforce. The government has recognised the importance of start-ups in the economic development of the country, and therefore they have come with various revolutionary measures to create a conducive ecosystem for start-ups. Along with union government, various state governments also have made their state-level policies to support the start-ups in their respective states. Apart from the government, there are many other institutions and ecosystem enablers in a start-up ecosystem who support start-up units, namely incubators, accelerators, educational institutions, research institutions, investors, mentors, NGOs etc. The purpose of this study is to explore how technology business incubation centres in Kerala are performing their role as a facilitator among start-ups in the state and also to evaluate their impact on functioning of start-ups units.
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Waweru, Catherine Wairimu, Phelista Wangui Njeru, and Walter Okibo Bichanga. "Role of Credit Access Program on the Performance of Women Owned MSES Incubated at KIRDI." Journal of Entrepreneurship & Project Management 6, no. 1 (January 10, 2022): 1–20. http://dx.doi.org/10.53819/81018102t4029.

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Women owned Micro and Small Enterprises (MSEs) are a source of employment and wealth creation in most of the world economies and Kenya not an exemption. However, the survival rate of the women owned MSEs is minimal. The main objective of the study was to evaluate the role of credit access program on the performance of women owned MSEs which have been incubated at KIRDI. The study was a survey study design. The target population was 259 MSE women entrepreneurs who have graduated from KIRDI business incubation programs. The researcher did a census since it was appropriate for this study and used questionnaires to collect qualitative and quantitative data. The study analyzed data using descriptive and inferential statistics through Correlation and regression of variables. Results were reported through tables and figures. Statistical Package for Social Sciences (SPSS) was used to aid analysis of data. Data was analyzed and presented using descriptive and inferential statistics. The findings revealed a positive and significant relationship between credit access program and performance of women owned MSEs incubated by KIRDI (β=0.348, p=0.000). The study concluded that business incubation support programs simplified into incubator training and development, business development services, credit access program and technology absorption positively and significantly influenced the performance of women owned MSEs incubated at KIRDI in Nairobi. The study recommends that the government should consider looking towards setting a single window to manage business incubators all over the country and to coordinate the activities of all institutions and companies that are in the process of incubating new businesses. Keywords: Credit access, Women owned MSEs, Business performance, Business incubation, KIRDI
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Rens, Vuyani, Chux Gervase Iwu, Robertson Khan Tengeh, and Emmanuel Ekale Esambe. "SMEs, Economic Growth, and Business Incubation Conundrum in South Africa. A Literature Appraisal." Journal of Management and Research 8, no. 2 (December 31, 2021): 214–51. http://dx.doi.org/10.29145/jmr/82/08.

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Despite the South African government's desire to encourage economic growth via SME growth, attempts to ameliorate the difficulties encountered by SMEs are often hindered by a lack of resources, one of which is business incubation. This paper employs a descriptive literature review to declutter the varying concerns of SME growth and development from the narratives around the role of business incubators (BIs) and the government. This, we believe, would provide clarity on the challenges faced by SMEs development in South Africa by filtering the roles of both BIs and the government. Descriptive literature review as a qualitative technique helps to reveal an interpretable pattern in the current literature and was thus employed in this study. Even while the literature points to the importance of SMEs in economic growth, their volatility makes them an unreliable partner for the South African government currently. This is because the literature suggests that the government is failing them in one way or the other through limited and failed support systems. Because of their excessive reliance on government funding, BIs cannot help SMEs as they should because of the lack of funding. Consequently, one might argue that the & quot; law of unintended consequences," or the unexpected repercussions of government policies and actions/inactions, hinder South Africa's government from achieving its objectives. We flag some implications and future research directions in our closing arguments.
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Dissertations / Theses on the topic "Government support - Business incubation"

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Hung, Pui-ling Elsa. "Government support for small and medium enterprises (SMEs)." Click to view the E-thesis via HKUTO, 2003. http://sunzi.lib.hku.hk/hkuto/record/B31967206.

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Molnar, Krisztina. "Government Export Support in a Global Era." Thesis, The University of Sydney, 2008. http://hdl.handle.net/2123/2695.

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Globalisation in general and trade liberalisation in particular have impacted on many areas of industrialised governments’ foreign economic policy. Export support is an area which is inevitably affected by trade liberalisation, as governments are expected to decrease their intervention into exports in the name of barrier-free(er) trade. However, if one considers that the 1990s and 2000s have seen governments expanding their trade promotion agencies, increasing funding for export support provision and developing a range of new export support programmes, it is easy to recognise that government export support seems to have grown, rather than diminished over the past decade. This thesis investigates the complex influences of the world trade regime, to create a nuanced picture within globalisation theories - which ultimately explains the paradox of growing government support in the era of deepening trade liberalisation.
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Molnar, Krisztina. "Government Export Support in a Global Era." University of Sydney, 2008. http://hdl.handle.net/2123/2695.

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Doctor of Philosophy(PhD)
Globalisation in general and trade liberalisation in particular have impacted on many areas of industrialised governments’ foreign economic policy. Export support is an area which is inevitably affected by trade liberalisation, as governments are expected to decrease their intervention into exports in the name of barrier-free(er) trade. However, if one considers that the 1990s and 2000s have seen governments expanding their trade promotion agencies, increasing funding for export support provision and developing a range of new export support programmes, it is easy to recognise that government export support seems to have grown, rather than diminished over the past decade. This thesis investigates the complex influences of the world trade regime, to create a nuanced picture within globalisation theories - which ultimately explains the paradox of growing government support in the era of deepening trade liberalisation.
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熊佩玲 and Pui-ling Elsa Hung. "Government support for small and medium enterprises (SMEs)." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2003. http://hub.hku.hk/bib/B31967206.

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Ackron, Johan. "Emergent good practice approaches to business support : implications for local government." Thesis, Stellenbosch : University of Stellenbosch, 2004. http://hdl.handle.net/10019.1/16250.

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Thesis (MA)--University of Stellenbosch, 2004.
ENGLISH ABSTRACT: Policy makers and development practitioners particularly in developing countries face daunting challenges in formulating strategies to achieve sustained growth and improved standards of living through productive engagement of the population in the economy rather than through welfare transfers. Business activities are self-sustaining and therefore have the potential to contribute greatly through the economic system to the creation of sustainable employment and prosperity. Yet many developing countries are faced with inadequate levels of business activity and business growth. Historical approaches to stimulating and supporting business development have proved largely cost ineffective and unequal to the challenge. The hypothesis that fundamental paradigm shifts in the approach to business support are taking place internationally is tested in this thesis. Key features of an evolving entrepreneurial approach to business support are identified and described representing the defining elements of the new business development support paradigm. Institutional implications of the approach in the context of institutional development theory and current approaches to the stimulation of local economic development at local community level are also discussed, as are key implications of the new paradigm for local government.
AFRIKAANSE OPSOMMING: Beleidmakers en praktisyns in ontwikkelende lande staar uitdagings in die gesig wat betref die handhawing van volgehoue ontwikkeling en die verbetering van lewensstandaarde by wyse van werkgeleentheidskepping en produktiewe betrokkenheid van die bevolking by die ekonomie eerder as deur sosiale welvaarts oordragte. Sake bedrywe en 'n dinamiese sakesektor het die potensiaal om aansienlik by te dra tot volhoubare ontwikkeling. Maar die meeste ontwikkelende lande ondervind ontoereikende vlakke van sake aktiwiteit en van groei in die omvang van die sakesektor. Benaderings tot die stimulering van uitbreiding van die sakesektor as grondslag vir volgehoue werkskepping is in die verlede grootliks koste ondoeltreffend en die resultate was ontoereikend. Die hipotese dat daar 'n fundamentele aanpassing van die paradigma onderliggend aan benaderings tot stimulering van die sakesektor as deel van algehele ontwikkelingsstrategie plaasvind word in die tesis getoets. Kern eienskappe van 'n nuwe benadering word geidentifiseer en omskryf. Institusionele implikasies van die benadering in die samehang van ontwikkelingsteorie en huidige benaderings tot plaaslike ekonomiese ontwikkeling op plaaslike gemeenskapsvlak word ook bespreek, asook kern implikasies van die nuwe paradigma vir plaaslike regering.
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Cassel, Josefine, and Fredriksson Anna. "The Logic Behind Business Incubation for Creative and Technology-Based Startups : A Study of the Support Provided By Business Incubators to Startups With Different Business Logics." Thesis, Umeå universitet, Företagsekonomi, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-185287.

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Small businesses are an important part of innovation, competitiveness and economic development. Support systems such as business incubators have emerged with the purpose of helping these startups develop. The startups which are in focus in this thesis operate in different industries, in technology-based industries where commercialization and growth is in focus, to creative industries which focus on developing individual talent and creativity. The characteristics and core of the businesses differ, giving them different business logics by which the startups operate. The business logic leads the startups to face different challenges, which the thesis considers to regard liabilities of smallness, liabilities of newness and liabilities of uniqueness as well as organizing.  These variations give the startups differences in how they operate and hence, also a need for different types of support given by business incubators. Business incubator support is in the thesis categorized into three components of Networks, Infrastructure and Business Services, as suggested in a triad model of Carvalho & Galina (2015). As varying business logics makes a difference on what type of value startups produce, it is important to study the relationship between these logics and the support provided by an incubator. It is important in order to understand how incubators can adapt their support more effectively to help entrepreneurs overcome their challenges.  The thesis purpose is to broaden the understanding of how business logics and challenges of startups adhere to the industry they are in, and how the support given by business incubators can help the businesses to overcome challenges associated with these business logics. The research design was qualitative, and data was collected by performing six semi-structured interviews with entrepreneurs within creative and technology-based industries, enrolled at business incubators with these specializations.  The study results in a proposed model, giving extension to the original triad model by Carvalho & Galina (2015). In the proposed model, new dimensions of the support system as well as the nature of the startups’ business logics, and challenges are addressed. The proposed model and the study’s results may act as a guiding framework for future research in the field, aiming to gain a better understanding of the reality of startups with different business logics.
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Guriras, Christella Waltrudie. "Small business support in Namibia's Erongo region." Thesis, Stellenbosch : Stellenbosch University, 2013. http://hdl.handle.net/10019.1/97402.

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ENGLISH ABSTRACT: In Namibia the small business sector is seen to play a very important role in the creation of jobs and the growth of the economy. At the same time small enterprises face a wide range of problems, which keep the failure rates of new ventures high and often prevent dynamic business growth. To address these challenges it is insufficient to have a national strategy for small businesses or to just rely on national government and other national bodies. This is particularly important in a country like Namibia which has a small population, stretched over a vast territory, with huge differences in the resources and development patterns of the various regions. Against that background this study focuses on a particular area of Namibia, viz the Erongo Region along the coastal belt. It is Namibia’s best developed region after the central Windhoek/Khomes area, with the two towns, Walvis Bay and Swakopmund, the harbor of Walvis Bay, the Uranium mines and tourism being the foundation for business growth. After reviewing the spectrum of small business support bodies available in Namibia the study looked at a sample of 100 small enterprises in the Erongo area. They were asked about their business engagement, business prospects, main problems experienced and their awareness and utilization of support programmes. These needs profiles were then compared to the set of actual service suppliers found in the Erongo region. This showed that in practice very few of the problems are addressed, largely due to a lack of awareness, pro-activity and cooperation on both sides: local small enterprises and local support suppliers. The study ends with a range of proposals which should, if tackled on a partnership basis and in closer cooperation between the head offices in Windhoek and local bodies, lead to a steady improvement of the SME support process.
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Diemont-Ebes, Anja, and adiemont51@hotmail com. "From second board to angels : an analysis of government support for new ventures, 1984-1994." Swinburne University of Technology, 1996. http://adt.lib.swin.edu.au./public/adt-VSWT20060317.113350.

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During the past decade (1984-1994), Australia experienced its worst recession since the depression of the 30's, followed by a no-growth period and an unemployment rate hovering around nine per cent. The awareness of Commonwealth and State Governments of the need for specific policies to stimulate new ventures and support small and medium enterprises (SME's), was increased by a range of reviews which resulted in a variety of initiatives. However, two key national initiatives, licensed Management and Investment Companies (MIC's) and the Second Board Stock Market, which aimed at making access to funds easier for new ventures, failed to provide sustained financial support to new innovative firms. Small businesses in Australia account for some 80 per cent of all businesses and 50 per cent of employment in the private sector. While many factors contribute to the successful establishment and growth of new businesses, a key factor is the availability of and access to affordable finance. The major objective of this study was to identify key success/failure factors in new venture creation and to review in detail the rise and fall of the Second Board Stock Market (1984-1992) - arguably one of the most significant Government initiatives during the 80's to provide access to equity funds. A survey of Melbourne companies listed on the Second Board was to provide valuable information on the success/failure of the Second Board Stock Market and to illuminate desirable Government initiatives meeting SME's survival needs.
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João, Domingos Herminio Chico. "Attitudes towards Business Plans." Thesis, Jönköping University, JIBS, Business Administration, 2009. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-11236.

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Purpose - This paper aims to analyze different groups, such as venture capitalists’, banks’, governmental support agencies’ and incubator managers’ attitudes toward business plans.

Approach – The interviews have been conducted within the following institutions: Jönköping Business Development (JBD, Handelsbanken and Swedbank, Jönköping, ALMI and NyföretagarCentrum (Government Support Agencies (GSAs) and Business Incubator Science Park Jönköping (BISPJ). The author has chosen to conduct the study within this the previous mentioned institutions because those are the ones who mostly demand a formal written BP from firms or potential businesses.

Findings – it was found that all the institutions interviewed thinks that a formal written business plan is very important for the entrepreneurs to clarify goals and raise funds. They don’t see any direct negative sides with a business plan.  It was also found that the majority were of the opinion that a business plan does not need to be long. The funding decision is mostly based on the personal characteristics of the entrepreneur; it can be very hard for start-ups manager to convince the funds providers that they are the right people. The type of resources provided to the venture determines the need of follow-ups. It is done mainly based on the financial aspects while those who provide advice or assistance tend to not engage in follow-ups.

Limitations - the study was conducted in the period when the many of the potential people to be interviewed were on holiday. The language was sometimes a limitation since English is not the first language neither for the interviewer nor the interviewees.

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Quesada, Lemay Llorente. "The role of provincial government support in the development of black-owned small tourism businesses in the city of Cape Town." Thesis, University of the Western Cape, 2005. http://etd.uwc.ac.za/index.php?module=etd&amp.

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Since 1994, tourism has become one of the most benefited industries among the overall of the South African economy. However, the industry is still far from being an example of transformations. The tourism industry in South Africa is still dominated by white-owned large enterprises, leaving limited space for the development of black-owned small tourism businesses. The existing literature identifies that government support represents a key variable regarding small tourism business development, specifically among black entrepreneurs. This study evaluated the role of provincial government support in the development of black-owned small tourism businesses in the South Africa, with a focus on Cape Town.
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Books on the topic "Government support - Business incubation"

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Alberta Small Business Incubator Support Program. Alberta Small Business Incubator Support Program guidelines. [Edmonton, Alta.?]: Alberta Economic Development and Trade, Small Business Division, 1987.

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Annarino, Alex. The complete guide to federal & state support of business incubation. Athens, Ohio: National Business Incubation Association, 1998.

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Bienkowski, Mishka. Government support for British business. 5th ed. Glasgow: University of Strathclyde, Centre for the Study of Public Policy, 1986.

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Rhona, Walker, and Allen Kevin, eds. Government support for British business. 6th ed. Glasgow: EPRC Ltd, 1988.

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Rouwmaat, Vincent. Business incubation: Review of current situation and guidelines for government intervention in Estonia. Tallinn: Ministry of Economic Affairs and Communications of the Republic of Estonia, 2003.

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Services, Canada Supply and, and Canada, eds. Helping small business: A guide to federal support. [Ottawa, Ont.]: Minister of Supply and Services, Canada, 1995.

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Henri, Le Marois, Peigné Florence, and European Centre for the Development of Vocational Training., eds. Business start-ups in the EC: Support programmes. Berlin: CEDEFOP--European Centre for the Development of Vocational Training, 1994.

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India, Export-Import Bank of, ed. Strategic development of MSMEs: Comparison of policy framework and institutional support systems in India and select countries. Mumbai: Export-Import Bank of India, 2012.

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Canada. Industry Canada. Entrepreneurship and Small Business Office. Your guide to Government of Canada services and support for small business. 3rd ed. Ottawa: Minister of Public Works and Government Services Canada, 2000.

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Canada, Canada Industry. Your guide to Government of Canada services and support for small business. Ottawa: Industry Canada, 1996.

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Book chapters on the topic "Government support - Business incubation"

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Kvitko, Sergei, and Tamara G. Nezhina. "Government Support of Small Business in Russia." In Global Encyclopedia of Public Administration, Public Policy, and Governance, 2965–76. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-20928-9_3106.

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Kvitko, Sergei, and Tamara Nezhina. "Government Support of Small Business in Russia." In Global Encyclopedia of Public Administration, Public Policy, and Governance, 1–12. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-31816-5_3106-1.

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Kvitko, Sergei, and Tamara G. Nezhina. "Government Support of Small Business in Russia." In Global Encyclopedia of Public Administration, Public Policy, and Governance, 6042–53. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-66252-3_3106.

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Schnurr, Aline, Pamela Renz, and Andrea Müller. "Customer Solution Design – A New Agile Role Needed in the Automotive Industry to Support Digital Transformation?" In HCI in Business, Government and Organizations, 256–76. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-77750-0_17.

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Monroy-Rodríguez, Guillermo, Sonia Mendoza, Luis Martín Sánchez-Adame, Ivan Giovanni Valdespin-Garcia, and Dominique Decouchant. "Achieve Your Goal Without Dying in the Attempt: Developing an Area-Based Support for Nomadic Work." In HCI in Business, Government and Organizations, 421–38. Cham: Springer Nature Switzerland, 2023. http://dx.doi.org/10.1007/978-3-031-35969-9_28.

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Kuznetsova, Svetlana N., Elena V. Romanovskaya, Nataliya S. Andryashina, Ekaterina P. Garina, and Victor P. Kuznetsov. "A New Paradigm of Government Support for Industrial Clusters." In Business 4.0 as a Subject of the Digital Economy, 935–37. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-90324-4_153.

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Yusoff, Mohd Nor Hakimin, Rooshihan Merican Abdul Rahim Merican, Siti Afiqah Zainudin, Noorul Azwin Nasir, Tahiran Abdullah, and Nadzirah Mohd Said. "Measuring the Government Business Support Services and Performance of SMEs." In Financial Technology (FinTech), Entrepreneurship, and Business Development, 609–26. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-08087-6_44.

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Nakao, Yuri, and Takuya Yokota. "Stakeholder-in-the-Loop Fair Decisions: A Framework to Design Decision Support Systems in Public and Private Organizations." In HCI in Business, Government and Organizations, 34–46. Cham: Springer Nature Switzerland, 2023. http://dx.doi.org/10.1007/978-3-031-35969-9_3.

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Bazargan, Kaveh, Ali Rezaeian, and Mohammad Taheri. "Theory and Practice of Social Innovation to Support Open ICT Ecosystems for Improved User Experience: The Case of UDRC." In HCI in Business, Government, and Organizations, 563–76. Cham: Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-91716-0_45.

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Teixeira, Rui, Fernando Afonso, Bruno Oliveira, José Machado, António Abelha, Manuel Filipe Santos, and Filipe Portela. "Decision Support in E-Government – A Pervasive Business Intelligence Approach." In New Contributions in Information Systems and Technologies, 155–66. Cham: Springer International Publishing, 2015. http://dx.doi.org/10.1007/978-3-319-16528-8_15.

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Conference papers on the topic "Government support - Business incubation"

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Hillner, Matthias. "Towards a Democratisation of Innovation." In 13th International Conference on Applied Human Factors and Ergonomics (AHFE 2022). AHFE International, 2022. http://dx.doi.org/10.54941/ahfe1001518.

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Singapore is an innovation-intensive nation. In 2020 Prime Minister Lee Hsien Loong pledged to inject ‘up to S$150million’ in the country’s startup ecosystem (Channel News Asia). This paper discusses the distribution of public funds amongst startups in Singapore. It raises questions about the effectiveness of early-stage pre-seed funding and discusses medium and long-term impact of distributed funds on business performance. The paper defines startups as growth-oriented independent SMEs in pursuit Series A investments. It distinguishes between bootstrap initiatives and funding-intensive initiatives. The paper argues that there is currently a problematic emphasis on funding-intensive startups, and a potentially compromising neglect of bootstrap ventures who do typically not have equal access to smart funds, mentoring schemes and support frameworks. Equally importantly, bootstrap initiatives often escape the radar of government authorities, thus compromising the authorities’ capabilities of monitoring innovation performance across the entire spectrum.This paper uses a mixed-method approach. It draws on a series of exchanges with experts — entrepreneurs, incubator managers, investors, VC firms, as well as representatives of government funding bodies — and secondary research findings. The primary research data has been collected over a period of nine years. The preliminary hypothesis is that the support mechanisms in the context of contemporary startup ecosystems tend to be ill-directed and may compromise overall innovation performance. Various studies carried out in different parts of the world raise questions about the effectiveness of government funding for innovations that are pursued by startups and suggest that the distribution of public funds does often not benefit innovation performance generally: Following an investigation of public fund distribution in China, Hong et al. (2015) claim that ‘government grants negatively impact the overall innovation efficiency in the high-tech sector.’ Other studies (Liu and Rammer, 2016) point towards the possibility that government grants are often used as substitute for private innovation investment by established businesses who, in the absence of public funding, would be able to afford R&D financing internally, whilst early-stage startups that are in greater need of funding, often miss out on support due to requirements related to match funding or trading history. This means that early-stage startups are often disadvantaged, in particular bootstrap initiatives, whilst established SMEs and large businesses do not enhance their innovation performance through subsidies. It is also thought that there is a prioritisation of incremental innovations and a lack in funding for potentially disruptive innovations because the latter are at higher risk of economic failure. As a result, firms tend to prioritise incremental innovation, in conjunction with which it is easier to predict viability.This paper, which primarily focuses on the distribution processes used by Enterprise Singapore (ESG) and other public institutions in Singapore, raises questions about the effectiveness of public spending in relation to innovation. Bootstrap ventures that might benefit from smart-fund injections, are not captured by the Singapore authorities, and there is currently no reliable progress tracking to objectively monitor startup performance. Instead, various funding organisations including universities, VC firms, as well as the ESG, rely on each other’s recommendations in their decision-making. There is a likelihood that the selection process is subject to bias which may have compromising macro-economic implications in the long term.To summarise the above, the proposed paper raises questions about the tracking of government funded startups, and it explores the consequences of startup funding from an economic and a sociopolitical point of view. The paper discusses possibilities of reversing this trend by empowering independent startups through accessible support frameworks that operate autonomously and independent from profit-oriented incubators, VC firms and angel investment networks.Sample Sources:Hong, J. et al. (2015): Government Grants, Private R&D Funding and Innovation Efficiency in Transition Economy, Abingdon-on-Thames, UK: RoutledgeLiu, R., Rammer, C. (2016): The Contribution of Different Public Innovation Funding Programs to SMEs’ Export Performance, ZEW Discussion PapersSoetanto, D. P., van Geenhuizen, M. (2015): Getting the right balance: University networks’ influence on spin-offs’ attraction of funding for innovation, in: Technovation, Volumes 36–37, February–March 2015, Pages 26-38, Amsterdam, Netherlands: Elsevier Teece, D. (2009): Business Models, Business Strategy and Innovation, Amsterdam, Netherlands: Elsevier
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Hallam, Cory R. A., and Natalia DeVora. "Technology-based business incubation: A study of the differences and similarities between private, university, and government incubation." In Technology. IEEE, 2009. http://dx.doi.org/10.1109/picmet.2009.5261957.

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Shuting, Huang. "Notice of Retraction: The study on college students entrepreneurship incubation base achieving based on successful intelligence theory: On college functions research for the view of students entrepreneurship incubation bases construction." In 2011 International Conference on E-Business and E-Government (ICEE). IEEE, 2011. http://dx.doi.org/10.1109/icebeg.2011.5881657.

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Yanjuan, Cui, and Xu Xiaofei. "Notice of Retraction: Financial service and promoting system of SMEs in the incubation: Case of Dalian, China." In 2011 International Conference on E-Business and E-Government (ICEE). IEEE, 2011. http://dx.doi.org/10.1109/icebeg.2011.5881520.

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Ying, Lei, and Zhang Shijun. "Argumentation-Based Negotiation Support." In 2010 International Conference on E-Business and E-Government (ICEE). IEEE, 2010. http://dx.doi.org/10.1109/icee.2010.943.

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Podgayetskaya, T., and W. Stucky. "A model of business process support system for e-government." In Proceedings. 15th International Workshop on Database and Expert Systems Applications, 2004. IEEE, 2004. http://dx.doi.org/10.1109/dexa.2004.1333609.

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Huang, Xuan, Geoffrey Lund, Victor Bassilious, and Andrew Sapeluk. "A model to support the authentication of mobile business." In 2011 International Conference on E-Business and E-Government (ICEE). IEEE, 2011. http://dx.doi.org/10.1109/icebeg.2011.5881672.

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Revenko, Nikolay S., and Lilia S. Revenko. "Government Support for India’s Real Economy." In Proceedings of the External Challenges and Risks for Russia in the Context of the World Community’s Transition to Polycentrism: Economics, Finance and Business (ICEFB 2019). Paris, France: Atlantis Press, 2019. http://dx.doi.org/10.2991/icefb-19.2019.20.

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Hendradjaya, Bayu, and Wikan Sunindyo. "Towards document tracking measurement model to support e-Government business processes." In 2016 4th International Conference on Information and Communication Technology (ICoICT). IEEE, 2016. http://dx.doi.org/10.1109/icoict.2016.7571903.

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Song, Hui, and Lijun Liu. "Input-output Model of Integrated Decision Support System." In 2010 International Conference on E-Business and E-Government (ICEE). IEEE, 2010. http://dx.doi.org/10.1109/icee.2010.1039.

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Reports on the topic "Government support - Business incubation"

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Howes, Lisa. Climate & environment assessment. Business case for support to the Open Government Partnership (OGP), 2014-2017. Evidence on Demand, October 2013. http://dx.doi.org/10.12774/eod_hd.oct2013.howes.

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Li, Yin, and William Lazonick. China’s Development Path: Government, Business, and Globalization in an Innovating Economy. Institute for New Economic Thinking Working Paper Series, August 2022. http://dx.doi.org/10.36687/inetwp190.

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We employ the “social conditions of innovative enterprise” framework to analyze the key determinants of China’s development path from the economic reforms of 1978 to the present. First, we focus on how government investments in human capabilities and physical infrastructure provided foundational support for the emergence of Chinese enterprises capable of technological learning. Second, we delve into the main modes by which Chinese firms engaged in technological learning from abroad—joint ventures with foreign multinationals, global value chains, and experienced high-tech returnees—that have contributed to industrial development in China. Third, we provide evidence on achievements in indigenous innovation—by which we mean improvements in national productive capabilities that build on learning from abroad and enable the innovating firms to engage in global competition—in the computer, automobile, communication-technology, and semiconductor-fabrication industries. Finally, we sketch out the implications of our approach for current debates on the role of innovation in China’s development path as it continues to unfold.
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Galindo, Arturo, and Jorge Tovar. Policy Support and Firm Performance During the COVID-19 Pandemic: Evidence from Colombia. Inter-American Development Bank, December 2022. http://dx.doi.org/10.18235/0004622.

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The pandemic hit the Colombian economy as hard as other countries. Using a novel Business Pulse Survey, this paper tests the effect of government support and COVID-19 cases on firms performance. A one-standard-deviation increase in government support (in periods in which the pandemics intensity was average) increased the percentage of firms reporting normal operations by 4.8 percent. Political demonstrations in spring 2021, however, reduced the percentage by 13 percent each month they lasted. Firms' financial distress also counters the impact of government support, suggesting the need to ease firms' access to financial markets. Last, we show that investing in digital solutions improved firms' performance but remote work degraded it.
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DAVYDOVA, T. FEATURES OF BUSINESS MANAGEMENT IN CONDITIONS OF UNCERTAINTY AT THE PRESENT STAGE. Science and Innovation Center Publishing House, 2021. http://dx.doi.org/10.12731/2070-7568-2021-10-5-1-13-17.

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This article discusses the main prerequisites for the formation of business uncertainty associated with the spread of COVID-19 coronavirus infection. Modern methods of business support by the government of the country have been identified. Based on the conducted research, the main recommendations are proposed, which it is advisable to take into account in management practice at the present stage.
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Research, IFF. FSA and Official Controls: Research with Food Business Operators. Food Standards Agency, February 2023. http://dx.doi.org/10.46756/sci.fsa.drn484.

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The Food Standards Agency (FSA) is an independent Government body, established in 2000 to protect public health and consumer interests in relation to food. The FSA is the Central Competent Authority (CCA) responsible for the delivery of official food and feed controls in England, Northern Ireland and Wales.. In Northern Ireland, officials from the Department of Agriculture, Environment and Rural Affairs (DAERA) carry out meat hygiene official controls in approved establishments on behalf of the FSA. Food Business Operators (FBOs) in the dairy, meat and wine sectors have a direct relationship with the Food Standards Agency (FSA) via its Official Controls, including inspections, enforcement, advice and guidance. The FSA and local authorities work together deliver shellfish controls. The FSA is responsible for conducting sanitary surveys and awarding the classification status of production and relaying areas. Some FBOs in the shellfish sector have a direct relationship with the FSA in relation to its functions however local authorities are the primary point of contact for the majority. This research study – collecting the views of FBOs themselves – was intended to support the rollout of the OTP programme, and the implementation of Official Controls. The study entailed a quantitative survey of 400 FBOs based in England, Wales and Northern Ireland, followed by in-depth interviews with 60 FBOs. Fieldwork took place between June and August 2022. Questionnaire coverage included FBOs’ experience of working with the FSA, their understanding of what the FSA does, the impacts of the coronavirus (COVID-19) pandemic, the UK’s exit from the European Union (EU), and their familiarity with the OTP. The methodology adopted a similar approach to the first wave of the research, conducted in 2020, to enable time series analysis. However, this 2022 wave of the research has expanded to include the views of FBOs in Northern Ireland and those in the shellfish sector.
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Elshurafa, Amro, Fakhri Hasanov, and Lester C. Hunt. Macroeconomic, Energy and Emission Effects of Solar PV Deployment at Utility and Distributed Scales in Saudi Arabia. King Abdullah Petroleum Studies and Research Center, June 2023. http://dx.doi.org/10.30573/ks--2023-dp10.

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This study assesses the macroeconomic, energy and emissions impacts of solar photovoltaic (PV) deployment in the Kingdom of Saudi Arabia for the period 2021–2030. This is accomplished by linking an energy and environmental sector augmented macroeconometric model with a power model and a distributed generation model. Furthermore, this study distinguishes between the macroeconomic, energy and emissions impacts of PV deployment at the utility and distributed generation scales. To the best of our knowledge, these two aspects make this work novel. We analyze three scenarios: (i) fully government-funded utility-scale PV deployment, (ii) half-government-funded utility-scale PV deployment and (iii) household-funded distributed-generation-scale PV deployment, with some government support alongside a business-as-usual (BaU) scenario.
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Collington, Rosie, and William Lazonick. Pricing for Medicine Innovation: A Regulatory Approach to Support Drug Development and Patient Access. Institute for New Economic Thinking Working Paper Series, January 2022. http://dx.doi.org/10.36687/inetwp176.

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The United States represents the world’s largest market for pharmaceutical drugs. It is also the only advanced economy in the world that does not regulate drug prices. There is no upper threshold for the prices of medicines in the United States. List prices are instead set by manufacturers in negotiation with supply-chain intermediaries, though some federal programs have degrees of discretion in price determinations. In practice, this deregulated system means that drug prices in the United States are generally far higher than in other advanced economies, adversely affecting patient accessibility and system affordability. In this paper, we draw on the “theory of innovative enterprise” to develop a framework that provides both a critique of the existing pricing system in the United States and a foundation for developing a new model of pricing regulation to support safety and effectiveness through drug development as well as accessibility and affordability in the distribution of approved medicines to patients. We introduce a regulatory approach we term “Pricing for Medicine Innovation” (PMI), which departs dramatically from the market-equilibrium assumptions of conventional (neoclassical) economics. The PMI approach recognizes the centrality of collective investments by government agencies and business firms in the productive capabilities that underpin the drug development process. PMI specifies the conditions under which, at the firm level, drug pricing can support both sustained investment in these capabilities and improved patient access. PMI can advance both of these objectives simultaneously by regulating not just the level of corporate profit but also its allocation to reinvestment in the drug development process. PMI suggests that although price caps are likely to improve drug affordability, there remain two potential issues with this pricing approach. Firstly, in an innovation system where a company’s sales revenue is the source of its finance for further drug development, price caps may deprive a firm of the means to invest in innovation. Secondly, even with adequate profits available for investment in innovation, a firm that is run to maximize shareholder value will tend to use those profits to fund distributions to shareholders rather than for investment in drug innovation. We argue that, if implemented properly, PMI could both improve the affordability of medicines and enhance the innovative performance of pharmaceutical companies.
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Quak, Evert-jan, and Jodie Thorpe. Supporting Small Food Businesses to Build Resilience During Crises. Institute of Development Studies, August 2022. http://dx.doi.org/10.19088/ids.2022.049.

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Small food businesses are vital to delivering affordable, nutritious food to low-income communities. Yet food systems are under threat from multiple stressors. During the Covid-19 pandemic, government support was directed at maintaining business activity, so understanding how this affected small food businesses offers insights for future policy design. Most policies aligned primarily with the short-term financial needs of larger businesses, leaving a gap for timely support for small enterprises. The recurrent nature of shocks means that such businesses also require longer-term agility to respond to shocks. Interventions to build this capacity can be integrated into nutrition programming.
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Lazonick, William. Investing in Innovation: A Policy Framework for Attaining Sustainable Prosperity in the United States. Institute for New Economic Thinking Working Paper Series, March 2022. http://dx.doi.org/10.36687/inetwp182.

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“Sustainable prosperity” denotes an economy that generates stable and equitable growth for a large and growing middle class. From the 1940s into the 1970s, the United States appeared to be on a trajectory of sustainable prosperity, especially for white-male members of the U.S. labor force. Since the 1980s, however, an increasing proportion of the U.S labor force has experienced unstable employment and inequitable income, while growing numbers of the business firms upon which they rely for employment have generated anemic productivity growth. Stable and equitable growth requires innovative enterprise. The essence of innovative enterprise is investment in productive capabilities that can generate higher-quality, lower-cost goods and services than those previously available. The innovative enterprise tends to be a business firm—a unit of strategic control that, by selling products, must make profits over time to survive. In a modern society, however, business firms are not alone in making investments in the productive capabilities required to generate innovative goods and services. Household units and government agencies also make investments in productive capabilities upon which business firms rely for their own investment activities. When they work in a harmonious fashion, these three types of organizations—household units, government agencies, and business firms—constitute “the investment triad.” The Biden administration’s Build Back Better agenda to restore sustainable prosperity in the United States focuses on investment in productive capabilities by two of the three types of organizations in the triad: government agencies, implementing the Infrastructure Investment and Jobs Act, and household units, implementing the yet-to-be-passed American Families Act. Absent, however, is a policy agenda to encourage and enable investment in innovation by business firms. This gaping lacuna is particularly problematic because many of the largest industrial corporations in the United States place a far higher priority on distributing the contents of the corporate treasury to shareholders in the form of cash dividends and stock buybacks for the sake of higher stock yields than on investing in the productive capabilities of their workforces for the sake of innovation. Based on analyzes of the “financialization” of major U.S. business corporations, I argue that, unless Build Back Better includes an effective policy agenda to encourage and enable corporate investment in innovation, the Biden administration’s program for attaining stable and equitable growth will fail. Drawing on the experience of the U.S. economy over the past seven decades, I summarize how the United States moved toward stable and equitable growth from the late 1940s through the 1970s under a “retain-and-reinvest” resource-allocation regime at major U.S. business firms. Companies retained a substantial portion of their profits to reinvest in productive capabilities, including those of career employees. In contrast, since the early 1980s, under a “downsize-and-distribute” corporate resource-allocation regime, unstable employment, inequitable income, and sagging productivity have characterized the U.S. economy. In transition from retain-and-reinvest to downsize-and-distribute, many of the largest, most powerful corporations have adopted a “dominate-and-distribute” resource-allocation regime: Based on the innovative capabilities that they have previously developed, these companies dominate market segments of their industries but prioritize shareholders in corporate resource allocation. The practice of open-market share repurchases—aka stock buybacks—at major U.S. business corporations has been central to the dominate-and-distribute and downsize-and-distribute regimes. Since the mid-1980s, stock buybacks have become the prime mode for the legalized looting of the business corporation. I call this looting process “predatory value extraction” and contend that it is the fundamental cause of the increasing concentration of income among the richest household units and the erosion of middle-class employment opportunities for most other Americans. I conclude the paper by outlining a policy framework that could stop the looting of the business corporation and put in place social institutions that support sustainable prosperity. The agenda includes a ban on stock buybacks done as open-market repurchases, radical changes in incentives for senior corporate executives, representation of workers and taxpayers as directors on corporate boards, reform of the tax system to reward innovation and penalize financialization, and, guided by the investment-triad framework, government programs to support “collective and cumulative careers” of members of the U.S. labor force. Sustained investment in human capabilities by the investment triad, including business firms, would make it possible for an ever-increasing portion of the U.S. labor force to engage in the productive careers that underpin upward socioeconomic mobility, which would be manifested by a growing, robust, and hopeful American middle class.
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Oduncu, Arif. Country Diagnostic Study – The Kyrgyz Republic. Islamic Development Bank Institute, December 2021. http://dx.doi.org/10.55780/rp21001.

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The Country Diagnostic Study (CDS) for the Kyrgyz Republic uses the Hausmann-Rodrik-Velasco growth diagnostics model to identify the binding constraints being faced in its quest for higher and more sustained economic growth and make recommendations to relax these constraints. Hence, the findings of the CDS can help the Islamic Development Bank in identifying areas where it can have a greater impact and provide an evidence-basis to support the development of the Member Country Partnership Strategy (MCPS). During the last two decades, the Kyrgyz Republic has recorded low performance in economic development. The country recorded only 3.0 percent of average annual Purchasing Power Parity (PPP)-adjusted Gross Domestic Product (GDP) per capita growth from 2000 to 2019. The Kyrgyz Republic is facing several economic and social problems that are challenging its economic development model. This CDS report shows that the most binding constraints to inclusive and sustainable growth include i) low human capital, ii) poor infrastructure, iii) government and market failures, and iv) high cost of capital. The Kyrgyz development model’s performance is a subject of concern not only for the government and other local stakeholders but also for the technical and financial partners of the Kyrgyz Republic, including the Islamic Development Bank. The MCPS aims to contribute to the global efforts made by the Kyrgyz Republic to meet its economic and social needs through leveraging opportunities offered by the new business model of the Bank. Given the Kyrgyz Republic’s positives, the Bank can consider financing transport, energy and ICT infrastructure projects and supporting manufacturing and agricultural sectors to assist economic growth.
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