Diagnosing business incubation for social purpose: a viable system model approach

Business incubation is one of the means that promotes the overall business and economic growth of a particular location. However, to date, the role of business incubation as a social innovation, which has the aim to achieve concurrent development of firms, the economy and the society, is not yet und...

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Main Authors: Adham, Khairul Akmaliah, Muhamad, Nur Sa’adah, Said, Mohd Fuaad, Abdul Sarhadat, Shahrizin, Ismail, Habib Asaril, Mohd Nasir, Mohd Fareez Assrul
Format: Article
Language:English
Published: Springer 2019
Online Access:http://psasir.upm.edu.my/id/eprint/79370/1/Diagnosing%20business%20incubation%20for%20social%20purpose.pdf
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author Adham, Khairul Akmaliah
Muhamad, Nur Sa’adah
Said, Mohd Fuaad
Abdul Sarhadat, Shahrizin
Ismail, Habib Asaril
Mohd Nasir, Mohd Fareez Assrul
author_facet Adham, Khairul Akmaliah
Muhamad, Nur Sa’adah
Said, Mohd Fuaad
Abdul Sarhadat, Shahrizin
Ismail, Habib Asaril
Mohd Nasir, Mohd Fareez Assrul
author_sort Adham, Khairul Akmaliah
collection UPM
description Business incubation is one of the means that promotes the overall business and economic growth of a particular location. However, to date, the role of business incubation as a social innovation, which has the aim to achieve concurrent development of firms, the economy and the society, is not yet understood. Using the systemic approach, specifically the viable system model (VSM) as the framework, the objective of this study is to diagnose the operation of an incubation programme that focuses on supporting business development for social purpose. This study utilized the qualitative methodology and selected an incubator, known as Kompleks Industri Makanan MARA (KIMAR), as the system-in-focus. KIMAR is a halal food industry complex established and operated by Majlis Amanah Rakyat (MARA); the latter a Malaysian government agency that aims to promote the socio-economic empowerment of the indigenous people of Malaysia including the Malays. Data for the diagnosis was collected through interviews with the executives responsible for the incubator operation, as well as the managers or entrepreneurs of the businesses located within it. Our analysis found cohesions among the functions of the incubator and their functionality to manage certain varieties in the environment, although more requisite varieties are needed to manage the high complexity of global halal business development. In managing these varieties, the incubation process receives financial sponsorship and other support from its social-based parent organization. The use of systems perspective highlights operational values of responsibility, long-term perspective as well as effective management of resources that drive the impact of a social incubator, thus enriches the concept of social innovation that typically focuses on the social impact of the outcome.
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spelling upm.eprints-793702021-03-26T02:19:12Z http://psasir.upm.edu.my/id/eprint/79370/ Diagnosing business incubation for social purpose: a viable system model approach Adham, Khairul Akmaliah Muhamad, Nur Sa’adah Said, Mohd Fuaad Abdul Sarhadat, Shahrizin Ismail, Habib Asaril Mohd Nasir, Mohd Fareez Assrul Business incubation is one of the means that promotes the overall business and economic growth of a particular location. However, to date, the role of business incubation as a social innovation, which has the aim to achieve concurrent development of firms, the economy and the society, is not yet understood. Using the systemic approach, specifically the viable system model (VSM) as the framework, the objective of this study is to diagnose the operation of an incubation programme that focuses on supporting business development for social purpose. This study utilized the qualitative methodology and selected an incubator, known as Kompleks Industri Makanan MARA (KIMAR), as the system-in-focus. KIMAR is a halal food industry complex established and operated by Majlis Amanah Rakyat (MARA); the latter a Malaysian government agency that aims to promote the socio-economic empowerment of the indigenous people of Malaysia including the Malays. Data for the diagnosis was collected through interviews with the executives responsible for the incubator operation, as well as the managers or entrepreneurs of the businesses located within it. Our analysis found cohesions among the functions of the incubator and their functionality to manage certain varieties in the environment, although more requisite varieties are needed to manage the high complexity of global halal business development. In managing these varieties, the incubation process receives financial sponsorship and other support from its social-based parent organization. The use of systems perspective highlights operational values of responsibility, long-term perspective as well as effective management of resources that drive the impact of a social incubator, thus enriches the concept of social innovation that typically focuses on the social impact of the outcome. Springer 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/79370/1/Diagnosing%20business%20incubation%20for%20social%20purpose.pdf Adham, Khairul Akmaliah and Muhamad, Nur Sa’adah and Said, Mohd Fuaad and Abdul Sarhadat, Shahrizin and Ismail, Habib Asaril and Mohd Nasir, Mohd Fareez Assrul (2019) Diagnosing business incubation for social purpose: a viable system model approach. Systemic Practice and Action Research, 32. pp. 219-238. ISSN 1094-429X; ESSN: 1573-9295 https://link.springer.com/article/10.1007/s11213-018-9465-8 10.1007/s11213-018-9465-8
spellingShingle Adham, Khairul Akmaliah
Muhamad, Nur Sa’adah
Said, Mohd Fuaad
Abdul Sarhadat, Shahrizin
Ismail, Habib Asaril
Mohd Nasir, Mohd Fareez Assrul
Diagnosing business incubation for social purpose: a viable system model approach
title Diagnosing business incubation for social purpose: a viable system model approach
title_full Diagnosing business incubation for social purpose: a viable system model approach
title_fullStr Diagnosing business incubation for social purpose: a viable system model approach
title_full_unstemmed Diagnosing business incubation for social purpose: a viable system model approach
title_short Diagnosing business incubation for social purpose: a viable system model approach
title_sort diagnosing business incubation for social purpose a viable system model approach
url http://psasir.upm.edu.my/id/eprint/79370/1/Diagnosing%20business%20incubation%20for%20social%20purpose.pdf
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