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Which firms benefit most from the incubators?

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  • Ulla Hytti
  • Katja Maki

Abstract

The incubatees are not homogeneous but they differ in age, size, industry, phase of development and firm strategy. Consequently, the technology incubators should segment the client firms in order to provide the right services for the right firms. In this paper, firstly, we investigate which are the firms that seem to benefit the most from the incubator. Secondly, we investigate if the firms that should benefit from the incubator are actually able to claim these benefits. Our findings suggest that the relatively young firms that have not extended their stay at the incubator for over two years benefit most from the incubator. The incubators should therefore impose strict graduation criterion at this two-year threshold. The innovative, internationally and growth-oriented firms are frequent users of the incubator services, even of the more specialised services. The incubators need to develop actively and improve the quality of these special services by, for example, networking with other incubators.

Suggested Citation

  • Ulla Hytti & Katja Maki, 2007. "Which firms benefit most from the incubators?," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 7(6), pages 506-523.
  • Handle: RePEc:ids:ijeima:v:7:y:2007:i:6:p:506-523
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    Citations

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    Cited by:

    1. Susan Marlow & Maura McAdam, 2012. "Analyzing the Influence of Gender upon High–Technology Venturing within the Context of Business Incubation," Entrepreneurship Theory and Practice, , vol. 36(4), pages 655-676, July.
    2. Hanadi Mubarak Al-Mubaraki & Michael Busler, 2017. "Challenges and opportunities of innovation and incubators as a tool for knowledge-based economy," Journal of Innovation and Entrepreneurship, Springer, vol. 6(1), pages 1-18, December.
    3. Schwartz, Michael & Hornych, Christoph, 2008. "Technologie- und Gründerzentren im Lichte von Diversifizierung versus Spezialisierung," IWH Discussion Papers 7/2008, Halle Institute for Economic Research (IWH).
    4. Schwartz, Michael & Göthner, Maximilian, 2009. "A Novel Approach to Incubator Evaluations: The PROMETHEE Outranking Procedures," IWH Discussion Papers 1/2009, Halle Institute for Economic Research (IWH).
    5. Ibrahim Semih Akçomak, 2009. "Incubators as Tools for Entrepreneurship Promotion in Developing Countries," WIDER Working Paper Series RP2009-52, World Institute for Development Economic Research (UNU-WIDER).
    6. Simone Scagnelli & Lorenzo Vasile & Mico Apostolov, 2019. "Survival Drivers Of Post-Incubated Start-Ups: The Effect Of Academic Governance," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(07), pages 1-20, October.
    7. Susan Marlow & Maura McAdam, 2015. "Incubation or Induction? Gendered Identity Work in the Context of Technology Business Incubation," Entrepreneurship Theory and Practice, , vol. 39(4), pages 791-816, July.

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