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The Challenges Of Business Incubation: A Case Of Malaysian Incubators

Table 4:

Incubator’s Challenges Key Issues
Human Capability Less experienced and expertise incubator staffs Less innovative and creative incubator staffs Less number of training
Support Structure Poor selection/entry criteriaUnstructured incubator programsLess R&D activitiesLack of innovative supportsLess number of IPsLack of mentoring & coachingLack of milestone management plan
Access to Network Limited linkages of industry-university Limited linkages of professional service organizationLack of coordination between government-university-industryLack of government-linked company supportsLess of external board of advisors
Access to Funding Lack of internal and external funding supportsLack of co-ordination between agencies and ministries High bureaucratic proceduresLack of venture capitalists and angel investors
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