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Methodological Challenges and Institutional Barriers in the Use of Experimental Method for the Evaluation of Business Incubators: Lessons from the US, EU, and China

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  • Junbo Yu

    ()
    (Regional Research Institute, West Virginia University)

  • Peter Nijkamp

    ()
    (Department of Spatial Economics, Free University, Amsterdam)

Abstract

Despite their worldwide adoption by policy makers as the Holy Grail for entrepreneurship and business development, the effectiveness of business incubation programs remain elusive, primarily plagued by untenable evaluation methods. This paper develops an in-depth analysis on those methodological and institutional factors that prohibit the use of theoretically sound solutions such as the Experimental Method in evaluation practice.

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File URL: http://rri.wvu.edu/wp-content/uploads/2012/11/wp2010-4Yu-and-Nijkamp.pdf
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Bibliographic Info

Paper provided by Regional Research Institute, West Virginia University in its series Working Papers with number 201004.

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Length: 9 pages
Date of creation: 2010
Date of revision:
Handle: RePEc:rri:wpaper:201004

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Keywords: entrepreneurship; business incubation; regional development;

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References

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  1. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 31(3), pages 129-137.
  2. James Heckman & Hidehiko Ichimura & Jeffrey Smith & Petra Todd, 1998. "Characterizing Selection Bias Using Experimental Data," NBER Working Papers 6699, National Bureau of Economic Research, Inc.
  3. Reed, W. Robert & Rogers, Cynthia L., 2003. "A study of quasi-experimental control group methods for estimating policy impacts," Regional Science and Urban Economics, Elsevier, vol. 33(1), pages 3-25, January.
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  7. Rudy Aernoudt, 2004. "Incubators: Tool for Entrepreneurship?," Small Business Economics, Springer, vol. 23(2), pages 127-135, 09.
  8. Clemente J. Navarro Yá�Ez & Annick Magnier & M. Antonia Ramírez, 2008. "Local Governance as Government-Business Cooperation in Western Democracies: Analysing Local and Intergovernmental Effects by Multi-Level Comparison," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(3), pages 531-547, 09.
  9. J Rees & R Bradley, 1988. "Research policy and review 24. State science policy and economic development in the United States: a critical perspective," Environment and Planning A, Pion Ltd, London, vol. 20(8), pages 999-1012, August.
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  11. 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.
  12. Heckman, James J & Ichimura, Hidehiko & Todd, Petra, 1998. "Matching as an Econometric Evaluation Estimator," Review of Economic Studies, Wiley Blackwell, vol. 65(2), pages 261-94, April.
  13. Peter Bearse, 1998. "A Question of Evaluation: NBIA's Impact Assessment of Business Incubators," Economic Development Quarterly, , vol. 12(4), pages 322-333, November.
  14. Richard Blundell & Monica Costa Dias, 2000. "Evaluation methods for non-experimental data," Fiscal Studies, Institute for Fiscal Studies, vol. 21(4), pages 427-468, January.
  15. James J. Heckman, 1989. "Choosing Among Alternative Nonexperimental Methods for Estimating the Impact of Social Programs: The Case of Manpower Training," NBER Working Papers 2861, National Bureau of Economic Research, Inc.
  16. Rephann, Terance & Isserman, Andrew, 1994. "New highways as economic development tools: An evaluation using quasi-experimental matching methods," Regional Science and Urban Economics, Elsevier, vol. 24(6), pages 723-751, December.
  17. Rhonda Phillips, 2002. "Note: Evaluating Community Economic Development Planning Programs with a Small Number of Participants: A Non-Parametric Approach," Growth and Change, Gatton College of Business and Economics, University of Kentucky, vol. 33(4), pages 497-512.
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