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Scaling up Business Development Services Through Incubation Centers
Sunil Chitrakar(Sunil Chitrakar ),Byungdeok Kang(Byungdeok Kang) 적정기술학회 2023 적정기술학회지(Journal of Appropriate Technology) Vol.9 No.3
Micro, small and community based enterprises needed embedded business development services to start, scale up and sustain a business. This study aimed to proposes a conceptual framework to establish a business incubation center to scale up business development services in Nepal. This paper has used qualitative research that includes (i) interaction with stakeholders, (ii) focus group discussion, and (iii) observation. A qualitative content analysis approach was used to analyze the contents of the discussion. Key points and quotes were extracted, synthesized. The study suggests a greater need of sustained business development services and incubation model would provide that specially to micro, small and community based enterprises. establishing business incubation center at local level with joint collaboration between local government, academia, professionals and private sectors can provide a sustainable model.
Challenges of Social Enterprises in Developing Country: Evidence from Nepal
Jeetendra Dangol(Jeetendra Dangol ),Kee-Seon Yoo(Kee-Seon Yoo),Sunil Chitrakar(Sunil Chitrakar ) KINFORMS 2022 Management Review Vol.17 No.2
This paper explores the challenges of social enterprises (SEs) in Nepal. The study is qualitative in nature and uses case studies, open-ended questionnaires and interviews of social entrepreneurs and experts. The Nepalese social enterprises are driven by social motives and social value creation rather than profit. They focus on bringing positive social impact. Absence of legal and other policies create confusions, thus poses challenges in sustaining social enterprises. Specific social enterprises promotion acts, financing policies, and business support services are some of the shortcomings for the sustainability and growth of social enterprises in Nepal. Comprehensive government policies and related regulations would be instrumental in promoting social enterprises in Nepal.