THE COLLABORATIVE BUSINESS INCUBATION MODEL AND ITS IMPACT ON CREATIVE INDUSTRIES INNOVATION IN EAST JAVA, INDONESIA
DOI:
https://doi.org/10.32815/jibeka.v17i1.1373Keywords:
Creative Industry, Business Incubation Model, Product Innovation, Marketing InnovationAbstract
Creative industries must innovate in this digital era to face the rapidly changing business environment and fierce competition. This study explored the collaborative business incubation model by stakeholders in the creative economy sector and its impact on tenant innovation. The innovations emphasized in this study are product innovation and marketing innovation. A total of 190 creative entrepreneurs in East Java have been researched using a set of questionnaires and produced quantitative data, which is then analyzed statistically through PLS analysis. The study results show that business incubation mentors significantly affect product innovation, not marketing innovation. On the other hand, the business incubation method significantly affects marketing innovation but not product innovation. Meanwhile, the business incubation curriculum significantly affects both product and marketing innovation. Further research is expected to analyze the type of mentor and the right business incubation method for tenants to significantly impact product and marketing innovation.
References
Allahar, H., & Brathwaite, C. (2016). Bisiness Incubation as an Instrument of Innovation: The experience of South America and the Caribbean. International Journal of Innovation, 4(2), 71–93. https://doi.org/doi.org/10.5585/iji.v4i2.107
Anjaningrum, W. D., Hermawati, A., Yogatama, A. N., & Puji, R. (2021). Creative Industry in the Post-Pandemic Digital Era : Meaningful Incubation , Customer Focus , and High Innovation as Strategies to Compete. International Conference of Economic , Business, and Entrepreneurship (ICEBE), 2–8. https://doi.org/10.4108/eai.7-10-2021.2316784
Anjaningrum, W. D., Yogatama, A. N., Sidi, A. P., Hermawati, A., & Suci, R. P. (2021). Strategi Penguatan Kapabilitas Ekonomi Kreatif di Era Digital (1st ed.). Retrieved from https://repo.asia.ac.id/index.php/s/sjBNkgtZ38sCm2q
Benyahya, P., & Matošková, J. (2021). Partnership Between the Employer and the Staff as a Vital Factor for Knowledge Sharing. International Journal of Learning and Intellectual Capital, 18(1), 5–27. https://doi.org/10.1504/IJLIC.2021.113659
Boccella, N., & Salerno, I. (2016). Creative Economy, Cultural Industries and Local Development. Procedia - Social and Behavioral Sciences, 223, 291–296. https://doi.org/10.1016/j.sbspro.2016.05.370
Gonthier, J., & Chirita, G. M. (2019). The Role of Corporate Incubators as Invigorators of Innovation Capabilities in Parent Companies. Journal of Innovation and Entrepreneurship, 8(1), 1–21. https://doi.org/10.1186/s13731-019-0104-0
Greco, M., Grimaldi, M., & Cricelli, L. (2015). Open innovation actions and innovation performance. European Journal of Innovation Management, 18(2), 150–171. https://doi.org/10.1108/ejim-07-2013-0074
Gupta, S., Malhotra, N. K., Czinkota, M., & Foroudi, P. (2016). Marketing innovation: A consequence of competitiveness. Journal of Business Research, 69(12), 5671–5681. https://doi.org/10.1016/j.jbusres.2016.02.042
Hair, J. J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2013). Multivariate Data Analysis. In Exploratory Data Analysis in Business and Economics (Seventh Ed). https://doi.org/10.1007/978-3-319-01517-0_3
Hair, J. J. F., Sarstedt, M., Hopkins, L., & Kuppelwiesier, V. G. (2014). Partial Least Squares Structural Equation Modeling ( PLS-SEM ) An Emerging Tool in Business Research. European Business Review, 26(2), 106–121. https://doi.org/10.1108/EBR-10-2013-0128
Hanelt, A., Bohnsack, R., Marz, D., & Antunes Marante, C. (2021). A Systematic Review of the Literature on Digital Transformation: Insights and Implications for Strategy and Organizational Change. Journal of Management Studies, 58(5), 1159–1197. https://doi.org/10.1111/joms.12639
Hassan, N. A. (2020). University business incubators as a tool for accelerating entrepreneurship: theoretical perspective. Review of Economics and Political Science. https://doi.org/10.1108/reps-10-2019-0142
Hermawati, A. (2020). The Implementation of Dynamic Capabilities for SMEs in Creating Innovation. Journal of Workplace Learning, 32(3), 199–216. https://doi.org/10.1108/JWL-06-2019-0077
Liu, Y. (2020). Technological Forecasting & Social Change The micro-foundations of global business incubation : Stakeholder engagement and strategic entrepreneurial partnerships. Technological Forecasting & Social Change, 161(June), 120294. https://doi.org/10.1016/j.techfore.2020.120294
Mvulirwenande, S., & Wehn, U. (2020). Opening the Innovation Incubation Black Box: A Process Perspective. Environmental Science and Policy, 114(August), 140–151. https://doi.org/10.1016/j.envsci.2020.07.023
Saulina, M. (2016). Performance measurement approach for innovation capability in SMEs. International Journal of Productivity and Performance Management, 65(2), 162–176.
Schwer, K., & Hitz, C. (2018). Designing organizational structure in the age of digitization. Journal of Eastern European and Central Asian Research, 5(1), 1–11. https://doi.org/10.15549/jeecar.v5i1.213
Sedita, S. R., Apa, R., Bassetti, T., & Grandinetti, R. (2019). Incubation matters: Measuring the effect of business incubators on the innovation performance of start-ups. R and D Management, 49(4), 439–454. https://doi.org/10.1111/radm.12321
Shvindina, H., Taraniuk, L., Kotenko, S., Abayomi, A., Taraniuk, K., & Hongzhou, Q. (2022). Cross-Country Analysis of Competitiveness Towards Innovation Potential Assessment for Industrials. Journal of Eastern European and Central Asian Research, 9(2), 165–182. https://doi.org/10.15549/jeecar.v9i2.711
Tola, A., & Contini, M. V. (2015). From the Diffusion of Innovation to Tech Parks, Business Incubators as a Model of Economic Development: The Case of “Sardegna Ricerche.” Procedia - Social and Behavioral Sciences, 176, 494–503. https://doi.org/10.1016/j.sbspro.2015.01.502
Torun, M., Peconick, L., Sobreiro, V., & Kimura, H. (2018). International Journal of Innovation Studies Assessing business incubation : A review on benchmarking. International Journal of Innovation Studies, 2(3), 91–100. https://doi.org/10.1016/j.ijis.2018.08.002
von Leipzig, T., Gamp, M., Manz, D., Schöttle, K., Ohlhausen, P., Oosthuizen, G., … von Leipzig, K. (2017). Initialising Customer-orientated Digital Transformation in Enterprises. Procedia Manufacturing, 8(October 2016), 517–524. https://doi.org/10.1016/j.promfg.2017.02.066.
Downloads
Published
How to Cite
Issue
Section
License
Jurnal Ilmiah Bisnis dan Ekonomi Asia is Open Access which means makes all of the content of the article in this journal available for free to the public. Any part of the manuscripts in this journal can be downloaded, shared, mixed, reused, and processed by the public. However, they should acknowledge the author and share with the same license selected by the journal manager.
