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Business Incubators in China: A Financial Services Perspective

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  • Aruna Chandra
  • Wei He
  • Tim Fealey

Abstract

The business incubation industry in China has been booming since the mid-1990s. However, the lack of a well-developed financial services sector has become a major bottleneck to the growth of the industry. Based on our visits to 12 Chinese business incubators around the country and interviews with their executives, we present our perspective on the state of the incubator industry in China with special emphasis on incubators' financial services for their incubatees.

Suggested Citation

  • Aruna Chandra & Wei He & Tim Fealey, 2007. "Business Incubators in China: A Financial Services Perspective," Asia Pacific Business Review, Taylor & Francis Journals, vol. 13(1), pages 79-94, January.
    • Handle: RePEc:taf:apbizr:v:13:y:2007:i:1:p:79-94
    DOI: 10.1080/13602380601030647
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    References listed on IDEAS

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    1. Rustam Lalkaka, 2003. "Business incubators in developing countries: characteristics and performance," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 3(1/2), pages 31-55.
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    2. Junbo Yu & Peter Nijkamp, 2010. "Methodological Challenges and Institutional Barriers in the Use of Experimental Method for the Evaluation of Business Incubators: Lessons from the US, EU, and China," Working Papers Working Paper 2010-04, Regional Research Institute, West Virginia University.
    3. Kanchan Lala & Kunal Sinha, 2019. "Role of Technology Incubation in India’s Innovation System: A Case of the Indian Institute of Technology Kanpur Incubation Centre," Millennial Asia, , vol. 10(1), pages 91-110, April.
    4. Xiangfei Yuan & Haijing Hao & Chenghua Guan & Alex Pentland, 2022. "Which factors affect the performance of technology business incubators in China? An entrepreneurial ecosystem perspective," PLOS ONE, Public Library of Science, vol. 17(1), pages 1-20, January.
    5. Ernesto Tavoletti & Corrado Cerruti, 2012. "Business Incubation: The Case of the European Space Agency," DSI Essays Series, DSI - Dipartimento di Studi sull'Impresa, vol. 29.
    6. Zhang, Yuejia & Mayes, David Geoffrey, 2018. "The performance of governmental venture capital firms: A life cycle perspective and evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 48(C), pages 162-185.
    7. Hu, Yubei & Ahmad, Ali J. & Lu, Dawei, 2023. "Performance management challenges at Chinese business incubators: A systematic literature review," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    8. Aruna Chandra, 2007. "Approaches to Business Incubation: A Comparative Study of the United States, China and Brazil," NFI Working Papers 2007-WP-29, Indiana State University, Scott College of Business, Networks Financial Institute.

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