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Business Incubation: The Case of the European Space Agency

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  • Ernesto Tavoletti

    ()
    (Università degli Studi di Macerata)

  • Corrado Cerruti

    ()
    (Università degli Studi di Roma Tor Vergata)

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    Abstract

    We test a theoretical framework, based on four principles, that has been developed through a previous systematic literature review. The 'laboratories' that have been chosen in order to test the theoretical framework are the business incubators at the European Space Agency (ESA). The methodology is a multiple case study research of ESA's business incubators. The reason why we have chosen them is that the same ESA's successful business incubation programme is applied in different business incubators across different nations. That provides a unique empirical setting in which to test the internal and construction validity of our principles, neutralizing the influence of the hosting country. The final result is not a 'statistical generalization' regarding a population of business incubators, but an empirically, multiple case study based, 'analytical generalization' of the proposed theoretical framework. Such theoretical framework appears effective in explaining the success of ESA's business incubation programme. The collected evidences also have practical implications as we expect the framework can be applied by policy makers approaching the business incubation tool and extended to non-profit, publicly funded business incubators - the overwhelming majority of operating business incubators - that might take advantage from aligning their development strategy to our proposed frame- work. Classification-JEL L26, M13

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    Bibliographic Info

    Article provided by DSI - Dipartimento di Studi sull'Impresa in its journal DSI Essays Series.

    Volume (Year): 29 (2012)
    Issue (Month): ()
    Pages:

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    Handle: RePEc:tov:dsiess:v:29:y:2012

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    Keywords: Entrepreneurship; New Firms; Startups;

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    1. Williamson, Oliver E, 1991. "Economic Institutions: Spontaneous and Intentional Governance," Journal of Law, Economics and Organization, Oxford University Press, vol. 7(0), pages 159-87, Special I.
    2. Nicolai J. Foss, 1997. "The Resource-Based Perspective An Assessment and Diagnosis of Problems," DRUID Working Papers 97-1, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
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    9. Greene, Patricia Gene & Butler, John Sibley, 1996. "The minority community as a natural business incubator," Journal of Business Research, Elsevier, vol. 36(1), pages 51-58, May.
    10. Rice, Mark P., 2002. "Co-production of business assistance in business incubators: an exploratory study," Journal of Business Venturing, Elsevier, vol. 17(2), pages 163-187, March.
    11. Colombo, Massimo G. & Delmastro, Marco, 2002. "How effective are technology incubators?: Evidence from Italy," Research Policy, Elsevier, vol. 31(7), pages 1103-1122, September.
    12. Christine Tamásy, 2007. "Rethinking Technology-Oriented Business Incubators: Developing a Robust Policy Instrument for Entrepreneurship, Innovation, and Regional Development?," Growth and Change, Gatton College of Business and Economics, University of Kentucky, vol. 38(3), pages 460-473.
    13. Siegel, Donald S & Westhead, Paul & Wright, Mike, 2003. " Science Parks and the Performance of New Technology-Based Firms: A Review of Recent U.K. Evidence and an Agenda for Future Research," Small Business Economics, Springer, vol. 20(2), pages 177-84, March.
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