An innovative model of business management in knowledge-based organisations: the case of the business incubators

Abstract

In this research, authors try to present one innovative, quantifiable and systematic model for management of incubation process in for-profit incubators with inspiration of the quality management principles and quantitative methods of decision-making. Authors also try to assist in increasing the effectiveness of turning knowledge to wealth process. The aforementioned model is based on rational division of profit between each of beneficiaries in an incubation process and this goal is achievable though declaration of two intelligent coefficients for each beneficiary. This research starts with a review on the literature and after taking quality management in knowledge-based organisations into consideration, it will continue with introducing a quantitative model of incubation process management for incubators as one of the typical examples of knowledge-based organisations. This paper concludes with a discussion about model’s application. Because the research-based organisations are deprived of comprehensive process management systems, the proposed model can provide a developable framework for organisations which have knowledge-based economics to motivate these organisations to promote.