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The Role of Incubators in the Entrepreneurial Process

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  • Lois Peters

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  • Mark Rice

    ()

  • Malavika Sundararajan

    ()

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    Abstract

    We outline a model that improves our understanding of the role of incubators in the entrepreneurial process. Specifically, we focus on the impact of the services offered, namely infrastructure, coaching and networks, on the graduation rates of the respective incubators' tenants. The model is tested among three different types of incubators, for-profit, non-profit, university-based incubators. Based on our qualitative findings, we conclude that our initial model is ineffective, in the sense that it cannot fully explain the role of the incubators in facilitating entrepreneurship. Interviews with directors of incubator centers were also carried out simultaneously. Further analysis of the results along with interview responses from incubator directors, led us to propose a more comprehensive model to explain how incubators affect the entrepreneurial process.

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    Bibliographic Info

    Article provided by Springer in its journal The Journal of Technology Transfer.

    Volume (Year): 29 (2004)
    Issue (Month): 1 (01)
    Pages: 83-91

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    Handle: RePEc:kap:jtecht:v:29:y:2004:i:1:p:83-91

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    Web page: http://www.springerlink.com/link.asp?id=104998

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    Cited by:
    1. Akcomak, Semih, 2009. "Incubators as Tools for Entrepreneurship Promotion in Developing Countries," MERIT Working Papers 054, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    2. Christine Cooper & Stephanie Hamel & Stacey Connaughton, 2012. "Motivations and obstacles to networking in a university business incubator," The Journal of Technology Transfer, Springer, vol. 37(4), pages 433-453, August.
    3. Michael Schwartz, 2008. "Incubator Age and Incubation Time: Determinants of Firm Survival after Graduation?," IWH Discussion Papers 14, Halle Institute for Economic Research.
    4. Colm O’Gorman & Orla Byrne & Dipti Pandya, 2008. "How scientists commercialise new knowledge via entrepreneurship," The Journal of Technology Transfer, Springer, vol. 33(1), pages 23-43, February.
    5. Heinrichs, Simon & Tischler, Joachim & Walter, Achim, 2014. "Leistungsprofile von Inkubatoren technologiebasierter Unternehmen: Eine empirische Bestandsaufnahme," EconStor Preprints 96158, ZBW - German National Library of Economics.
    6. Tony Thistoll & David Pauleen, 2010. "Commercialising innovation internationally: A case study of social network and relationship management," Journal of International Entrepreneurship, Springer, vol. 8(1), pages 36-54, March.
    7. Michael Schwartz & Maximilian Göthner, 2009. "A Novel Approach to Incubator Evaluations: The PROMETHEE Outranking Procedures," IWH Discussion Papers 1, Halle Institute for Economic Research.
    8. Sean Hackett & David Dilts, 2008. "Inside the black box of business incubation: Study B—scale assessment, model refinement, and incubation outcomes," The Journal of Technology Transfer, Springer, vol. 33(5), pages 439-471, October.
    9. Danny Soetanto & Sarah Jack, 2013. "Business incubators and the networks of technology-based firms," The Journal of Technology Transfer, Springer, vol. 38(4), pages 432-453, August.
    10. Dimitrios Lagos & Konstadinos Koutsikos, 2011. "The Role of IT-Focused Business Indicators in Managing Regional Development and Innovation," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 33-50.
    11. Catarina Roseira & Carla Ramos & Francisco Maia, 2014. "Understanding Incubator Value – A Network Approach to University Incubators," FEP Working Papers 532, Universidade do Porto, Faculdade de Economia do Porto.
    12. Evangelia Sofouli & Nicholas Vonortas, 2007. "S&T Parks and business incubators in middle-sized countries: the case of greece," The Journal of Technology Transfer, Springer, vol. 32(5), pages 525-544, October.
    13. Michael Schwartz, 2009. "Beyond incubation: an analysis of firm survival and exit dynamics in the post-graduation period," The Journal of Technology Transfer, Springer, vol. 34(4), pages 403-421, August.
    14. Bajmócy, Zoltán, 2004. "Az üzleti inkubáció szerepe a vállalkozásfejlesztésben
      [The role of business incubation in company development]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1132-1150.
    15. Dana-Codruţa Dudă-Dăianu & Daniela Haranguş, 2012. "The Role Of Business Infrastructure For Economic Development Of Romania," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 82-87, November.
    16. Michael Schwartz & Christoph Hornych, 2008. "Technologie- und Gründerzentren im Lichte von Diversifizierung versus Spezialisierung," IWH Discussion Papers 7, Halle Institute for Economic Research.

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