2.  Research Overview
 Part 1: Business Incubators Role and Best Practices
 Part 2: GAP Analysis and Needed Supporting Ecosystem
Environment
 Part 3: Role of S&T Policy

3.  Research Overview
 Research Problem
 Research Key Questions
 Research Methodology
 Research Outputs
 Research Key Results
 Part 1: Business Incubators Role and Best Practices
 Part 2: GAP Analysis and Needed Supporting Ecosystem Environment
 Part 3: Role of S&T Policy

4.  Growing interest to establish business incubators in the Arab World.
 Business incubators are viewed as key economic development tools.
 Key Research problem:
 Can these incubation programs be effective in their mission
independently or they need to be immersed and interconnected to a
whole National Innovation System (NIS), influenced by a National
S&T Policy, supporting entrepreneurship, innovation, and
technology development and commercialization?!

5.  What is the role of business incubators in economic development?
And what are the best practices such systems should adopt?
 What is the GAP for Egypt for the supporting ecosystem
environment that should be in place for these systems?
 How a National Science and Technology (S&T) Policy should
influence building that supporting ecosystem?

7. 1. A detailed presentation and report about business incubation systems.
(Definition, Goals, Services, Process, sustainability models, and best
practices)
 Submitted paper to SRO2008 fez, Morocco. Title: “Business Incubation - A
Strategic Perspective”.
2. A detailed presentation and report about “Entrepreneurship and Incubation
Activities and Initiatives in Egypt”
3. 3 detailed presentations about UCFBIP field research trip.
 Submitted paper to IAMOT2009, Orlando, Florida, USA. Title: “UCF Business
Incubation Program - A Case study of the Entrepreneurship Ecosystem”.
4. Detailed research report accompanied with a CD of all materials.

8.  A whole SME Business Support Strategy is needed to effectively advance
the economy through SMEs using business incubation systems.
 Business incubators cannot graduate sustainable high-growth firms without
effective integration with components of a mature National Innovation
System (NIS).
 The National S&T Policy is the formal tool to identify and build the NIS as
outlined in the research and identified in the GAP analysis.
 Specific Societal Model Components should be taken into consideration to
forecast the expected outcome of a proposed incubation system and to set
the right policies and procedures that enable it to effectively interact with its
surrounding business, research, and governmental environment

9.  Research Overview
 Part 1: Business Incubators Role and Best Practices
 Role
 Best Practices
 Part 2: GAP Analysis and Needed Supporting Ecosystem
Environment
 Part 3: Role of S&T Policy

10. 2 Main Goals of Business Incubators
1. Enhancing economic development and/or reducing
unemployment in a region by facilitating the start-up of
companies, increasing their survival rate and growth.
2. Stimulating firms involved in emerging technologies or
commercialization of research done in universities, research
institutes and firms.

11. SINCE 1999, UCFBIP HAS HELPED
IN 2005 ALONE, IT‘S ESTIMATED
THAT NORTH AMERICAN MORE THAN 100 EMERGING
INCUBATORS ASSISTED MORE COMPANIES, CREATE OVER $500
THAN 27,000 STARTUP MILLION IN ANNUAL REVENUE AND
COMPANIES THAT PROVIDED MORE THAN 900 NEW JOBS WITH
FULL-TIME EMPLOYMENT FOR
MORE THAN 100,000 WORKERS AN AVERAGE SALARY OF $59,000.
AND GENERATED MORE THAN NAMED THE TECHNOLOGY
$17B ANNUAL REVENUE. INCUBATOR OF THE YEAR IN 2004.
RECENTLY NAMED AMONG TOP 10
NBIA 2006 Report: the state of
business incubation industry. IN THE US.
UCBIP

14. UCF Business Incubation Program Supporting Partners

15. UCFBIP as Part of the UCF Office of Research and Commercialization

16. UCF Research
Funding was
$122.9M in 2008

18. Detailed Interaction Models are in the IAMOT2009 Paper Slides

19. Client Handbook … Mature Process … Clear Performance Measures (KPIs)

21.  Research Overview
 Part 1: Business Incubators Role and Best Practices
 Part 2: GAP Analysis and Needed Supporting Ecosystem
Environment
 Part 3: Role of S&T Policy

22. 1. Few entrepreneurship support initiatives missing performance measurement
data.
2. No central coordinating entity, resulting in duplication of efforts and isolated
islands (few partnerships do exist).
3. No national entrepreneurship support strategy from education to technology
commercialization.
4. The national innovation system is missing critical components as a strong
research university sector, a strong industry research sector, and mature
industry-university linkage programs.

23. 5. Local market demand on Technology R&D is immature.
6. Venture Capital and Angel Investor players are very few leaving micro-
financing as the main investment support to entrepreneurs within incubation
systems
7. The culture doesn’t reward failure or encourage creativity or support the free
test of innovative ideas, and is still missing the IP related issues awareness.
8. No capacity building programs for local human resources working in
incubation systems

24. 9. Regulatory systems to establish SMEs are very bureaucratic and
unsupportive
10. No tax incentives for new companies developing new technologies
11. Vocational education and support system doesn’t meet international
standard.

25.  Research Overview
 Part 1: Business Incubators Role and Best Practices
 Part 2: GAP Analysis and Needed Supporting Ecosystem
Environment
 Part 3: Role of S&T Policy
 What is S&T Policy?
 Main Focus Areas and Challenges
 Scope of S&T Policy Priorities
 Proposed Major Components of a National Innovation System
 Recommendations for S&T Policy in Egypt

26. S&T policies are critical governmental tools for allocating
governmental budgetary resources into S&T development
initiatives that support specific technology development
areas and cultural change programs towards embracing
creativity, technology entrepreneurship and innovation.

27. Main Focus Areas of S&T Policies Major Challenges faced in
Developing a S&T Policy

29. Decision Support System
Technology
Incubators S&T Governance System
R&D Funding Programs
Tech
Transfer
Research Government
SME Support Programs
Universities Research Labs
Offices
IPR Strong System
Technology VC/Angel Inv.
Research & Industry
Technology Tax Incentives for R&D
R&D Centers
Parks
Industry-University Linkage Programs
International Collaboration Programs

30. 1. The S&T governance in Egypt needs more reform and should be reinforced
in a way that assures complete cooperation and coordination from all
concerned ministries.
2. S&T governance reform must revamp research universities and research
institutions supporting a local respected career in research.
3. All research universities must be equipped with technology transfer/licensing
offices (TTOs).
4. The S&T policy in Egypt must focus on selected technology priority areas in
order to integrate efforts and reach a target competitive positioning in these
technologies.

31. 5. There should be a target figure of Gross Expenditure on R&D (GERD) above
2% focused on real research activities and granted according to a
competitive and merit-based grant programs.
6. Fiscal incentives such as direct funding and tax credits are critically needed to
boost business R&D and innovation allowing local companies to start
innovating new products and develop new technologies.
7. The S&T policy needs to re-think the multinational cooperation offices in
Egypt in a way that assures sharing technology development and knowledge
creation through the development of local expertise.
8. There should be more programs to support industry-university-public
cooperation in the high priority technology areas outlined in the S&T policy.

32. 9. The government should work hard to strengthen international R&D
cooperation.
10. S&T policy should support social programs that introduce entrepreneurship,
creativity thinking, and innovation to the youth through clear
entrepreneurship support programs.
11. Dedicated programs to assure quality human resources in S&T must be a
top priority.
12. The national innovation system should be detailed and reinforced by the
S&T policy as outlined in this research’s gap analysis and NIS system.