Investigation of the key success factors of ventures incubated at IBA CED incubation center; An Empirical Study

  • Shahid Qureshi Center for Entrepreneurial Development (CED), Institute of Business Administration (IBA) Karachi
  • Abdullah Mustafa Center for Entrepreneurial Development (CED) Institute of Business Administration (IBA) Karachi
  • Muhammad Talha Center for Entrepreneurial Development (CED), Institute of Business Administration (IBA) Karachi
  • Azad Ahmed Center for Entrepreneurial Development (CED), Institute of Business Administration (IBA) Karachi
  • Misbah Amin Center for Entrepreneurial Development (CED), Institute of Business Administration (IBA) Karachi
Keywords: University Incubation centers, Incubation Fellowship Model, Entrepreneurial mindset, Effectuation

Abstract

Incubation is being used as a mechanism to promote entrepreneurship across the globe. The Pakistani universities have also followed this and are establishing incubation centers. However, the success rate is not very encouraging. The IBA incubation program is a unique form of incubation programs as it emphasizes more on the understanding of the entrepreneurial mindset and the effectuation theory before pursuing entrepreneurial journey.  This paper describes the IBA incubation fellowship model and its practical application on new startups. The paper analyses the companies who were incubated and identifies the key success factors of these firms. This paper adds to the literature on incubation in Pakistan.

 

Key Words: 

Author Biographies

Shahid Qureshi, Center for Entrepreneurial Development (CED), Institute of Business Administration (IBA) Karachi

Associate Professor & Program Director,

Center for Entrepreneurial Development (CED)

Institute of Business Administration (IBA) Karachi

Abdullah Mustafa, Center for Entrepreneurial Development (CED) Institute of Business Administration (IBA) Karachi

Manager Outreach Activities,

Center for Entrepreneurial Development (CED),

Institute of Business Administration (IBA) Karachi

Muhammad Talha, Center for Entrepreneurial Development (CED), Institute of Business Administration (IBA) Karachi

Manager Incubation,

Center for Entrepreneurial Development (CED),

Institute of Business Administration (IBA) Karachi

Azad Ahmed, Center for Entrepreneurial Development (CED), Institute of Business Administration (IBA) Karachi

Manager,

Center for Entrepreneurial Development (CED),

Institute of Business Administration (IBA) Karachi

Misbah Amin, Center for Entrepreneurial Development (CED), Institute of Business Administration (IBA) Karachi

Researcher & Case Writer,

Center for Entrepreneurial Development (CED),

Institute of Business Administration (IBA) Karachi

Published
2021-01-19
How to Cite
Shahid Qureshi, Abdullah Mustafa, Muhammad Talha, Azad Ahmed, & Misbah Amin. (2021). Investigation of the key success factors of ventures incubated at IBA CED incubation center; An Empirical Study. AJSS, 4(4), 889-905. Retrieved from http://ojs.lgu.edu.pk/index.php/ajss/article/view/1356
Section
Articles