Towards a framework for ICT-based entrepreneurship development through business incubation processes: case study of a techno park

Information and communication technologies have emerged as valuable business tools for entrepreneurs. This research is aimed towards providing a framework for the development of entrepreneurship based on ICT with a particular focus on Indonesia as a developing country by exploring business incubation processes in a techno park. The research used a qualitative method. The data are gathered through in-depth interviews based on a purposive sampling by including actors who have been involved in business incubations in a techno park in Indonesia. The results show that the techno park may have generally had limitations, including its process, tools, a low efficiency and a lack of financial autonomy. Still, the incubation process has been proven to have a role in increasing the work performance of start-ups, market expansion, and improving accessibility to funding sources. This research offers theoretical and empirical implications towards the development of business incubation processes in entrepreneurship activity.