ISSN 2394-5125
 

Research Article 


VIEWS FROM WITHIN THE INCUBATION ECOSYSTEM: DISCOVERING THE CURRENT CHALLENGES OF TECHNOLOGY BUSINESS INCUBATORS

Thobekani Lose, Vuyani Rens, Khulekani Yakobi, Francis Kwahene.

Abstract
Technology Business Incubators face new challenges from within their ecosystems, which
require support from local governments as well as necessary skills. These interventions are needed for their
sustainability to ensure growth and development of incubatees in South Africa. This study sought to determine
the challenges of Technology Business Incubators in South Africa. In spite of the growing research on
Technology Business Incubators, there is a shortage of studies that have investigated the challenges encountered
by Technology Business Incubators from within their ecosystems. This study adopted a quantitative approach,
whereby a questionnaire was utilised as a primary data collection tool. The findings revealed challenges related
to getting funding, lack of facilities, lack of support from the local government, crime, lack of entrepreneurial
skills and mindset. The paper also highlights that limited access to technology-based prototypes, lack of access
to industry business skills, lack of product selection and design are the challenges of Technology Business
Incubators. This study conveys a rich inference to industry experts by making a significant contribution to
entrepreneurship activities by exploring the challenges incubators face. The study may be used by relevant
stakeholders in developing countries to better facilitate the growth and development of incubatees.

Key words: Entrepreneurship, Government, Incubation Ecosystem, Incubatees, Technology Business Incubators, Technology-Based Prototype


 
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How to Cite this Article
Pubmed Style

Thobekani Lose, Vuyani Rens, Khulekani Yakobi, Francis Kwahene. VIEWS FROM WITHIN THE INCUBATION ECOSYSTEM: DISCOVERING THE CURRENT CHALLENGES OF TECHNOLOGY BUSINESS INCUBATORS . JCR. 2020; 7(19): 5437-5444. doi:10.31838/jcr.07.19.632


Web Style

Thobekani Lose, Vuyani Rens, Khulekani Yakobi, Francis Kwahene. VIEWS FROM WITHIN THE INCUBATION ECOSYSTEM: DISCOVERING THE CURRENT CHALLENGES OF TECHNOLOGY BUSINESS INCUBATORS . http://www.jcreview.com/?mno=133434 [Access: September 14, 2020]. doi:10.31838/jcr.07.19.632


AMA (American Medical Association) Style

Thobekani Lose, Vuyani Rens, Khulekani Yakobi, Francis Kwahene. VIEWS FROM WITHIN THE INCUBATION ECOSYSTEM: DISCOVERING THE CURRENT CHALLENGES OF TECHNOLOGY BUSINESS INCUBATORS . JCR. 2020; 7(19): 5437-5444. doi:10.31838/jcr.07.19.632



Vancouver/ICMJE Style

Thobekani Lose, Vuyani Rens, Khulekani Yakobi, Francis Kwahene. VIEWS FROM WITHIN THE INCUBATION ECOSYSTEM: DISCOVERING THE CURRENT CHALLENGES OF TECHNOLOGY BUSINESS INCUBATORS . JCR. (2020), [cited September 14, 2020]; 7(19): 5437-5444. doi:10.31838/jcr.07.19.632



Harvard Style

Thobekani Lose, Vuyani Rens, Khulekani Yakobi, Francis Kwahene (2020) VIEWS FROM WITHIN THE INCUBATION ECOSYSTEM: DISCOVERING THE CURRENT CHALLENGES OF TECHNOLOGY BUSINESS INCUBATORS . JCR, 7 (19), 5437-5444. doi:10.31838/jcr.07.19.632



Turabian Style

Thobekani Lose, Vuyani Rens, Khulekani Yakobi, Francis Kwahene. 2020. VIEWS FROM WITHIN THE INCUBATION ECOSYSTEM: DISCOVERING THE CURRENT CHALLENGES OF TECHNOLOGY BUSINESS INCUBATORS . Journal of Critical Reviews, 7 (19), 5437-5444. doi:10.31838/jcr.07.19.632



Chicago Style

Thobekani Lose, Vuyani Rens, Khulekani Yakobi, Francis Kwahene. "VIEWS FROM WITHIN THE INCUBATION ECOSYSTEM: DISCOVERING THE CURRENT CHALLENGES OF TECHNOLOGY BUSINESS INCUBATORS ." Journal of Critical Reviews 7 (2020), 5437-5444. doi:10.31838/jcr.07.19.632



MLA (The Modern Language Association) Style

Thobekani Lose, Vuyani Rens, Khulekani Yakobi, Francis Kwahene. "VIEWS FROM WITHIN THE INCUBATION ECOSYSTEM: DISCOVERING THE CURRENT CHALLENGES OF TECHNOLOGY BUSINESS INCUBATORS ." Journal of Critical Reviews 7.19 (2020), 5437-5444. Print. doi:10.31838/jcr.07.19.632



APA (American Psychological Association) Style

Thobekani Lose, Vuyani Rens, Khulekani Yakobi, Francis Kwahene (2020) VIEWS FROM WITHIN THE INCUBATION ECOSYSTEM: DISCOVERING THE CURRENT CHALLENGES OF TECHNOLOGY BUSINESS INCUBATORS . Journal of Critical Reviews, 7 (19), 5437-5444. doi:10.31838/jcr.07.19.632