IDEAS home Printed from https://ideas.repec.org/p/zbw/iwhdps/iwh-14-08.html
   My bibliography  Save this paper

Incubator Age and Incubation Time: Determinants of Firm Survival after Graduation?

Author

Listed:
  • Schwartz, Michael

Abstract

Basierend auf einer Datenbasis von insgesamt 149 ehemalig durch Technologie- und Gründerzentren geförderten Unternehmen wird untersucht, inwiefern ein Zusammenhang zwischen der Aufenthaltsdauer der Unternehmen in den Zentren sowie dem Betriebsalter der Zentren und der langfristigen Überlebensfähigkeit der Unternehmen nach dem Auszug besteht. Eine derartige Untersuchung liegt bislang nicht vor. Die empirischen Ergebnisse eines Coxproportionalen Hazard Modells sowie verschiedener Accelerated Failure Time Modelle zeigen statistisch signifikant negative Effekte beider Faktoren auf die Überlebensfähigkeit der untersuchten Unternehmen. Eine mögliche Erklärung mag sich darin finden lassen, dass eine zunehmende Wahrnehmung regionalwirtschaftlicher Aufgaben der Technologieund Gründerzentren (beispielsweise Betreuung von Netzwerkinitiativen) die Effektivität einer Förderung hinsichtlich der Überlebensfähigkeit der unterstützten Unternehmen mindert. Das Diskussionspapier schließt mit wirtschaftspolitischen Empfehlungen.

Suggested Citation

  • Schwartz, Michael, 2008. "Incubator Age and Incubation Time: Determinants of Firm Survival after Graduation?," IWH Discussion Papers 14/2008, Halle Institute for Economic Research (IWH).
    • Handle: RePEc:zbw:iwhdps:iwh-14-08
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/29980/1/598000542.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Alain Thierstein & Beate Willhelm, 2001. "Incubator, technology, and innovation centres in Switzerland: features and policy implications," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 13(4), pages 315-331, October.
    2. Niefert, Michaela & Metzger, Georg & Heger, Diana & Licht, Georg, 2006. "Hightech-Gründungen in Deutschland: Trends und Entwicklungsperspektiven. Endbericht," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 111468.
    3. Sean M. Hackett & David M. Dilts, 2004. "A Systematic Review of Business Incubation Research," The Journal of Technology Transfer, Springer, vol. 29(1), pages 55-82, January.
    4. Hugh Sherman & David S. Chappell, 1998. "Methodological Challenges in Evaluating Business Incubator Outcomes," Economic Development Quarterly, , vol. 12(4), pages 313-321, November.
    5. David Audretsch, 1994. "Business Survival and the Decision to Exit," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 1(1), pages 125-137.
    6. Phillip Phan & Donald S. Siegel & Mike Wright, 2016. "Science Parks and Incubators: Observations, Synthesis and Future Research," World Scientific Book Chapters, in: Phillip H Phan & Sarfraz A Mian & Wadid Lamine (ed.), TECHNOLOGY ENTREPRENEURSHIP AND BUSINESS INCUBATION Theory • Practice • Lessons Learned, chapter 9, pages 249-272, World Scientific Publishing Co. Pte. Ltd..
    7. Almus, Matthias & Nerlinger, Eric A, 1999. "Growth of New Technology-Based Firms: Which Factors Matter?," Small Business Economics, Springer, vol. 13(2), pages 141-154, September.
    8. 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 177-184, March.
    9. Colombo, Massimo G. & Delmastro, Marco, 2002. "How effective are technology incubators?: Evidence from Italy," Research Policy, Elsevier, vol. 31(7), pages 1103-1122, September.
    10. Lois Peters & Mark Rice & Malavika Sundararajan, 2004. "The Role of Incubators in the Entrepreneurial Process," The Journal of Technology Transfer, Springer, vol. 29(1), pages 83-91, January.
    11. 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.
    12. Paul Westhead & Stephen Batstone, 1999. "Perceived benefits of a managed science park location," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 11(2), pages 129-154, 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. Audretsch, David B & Mahmood, Talat, 1995. "New Firm Survival: New Results Using a Hazard Function," The Review of Economics and Statistics, MIT Press, vol. 77(1), pages 97-103, February.
    15. Link, Albert N. & Scott, John T., 2003. "U.S. science parks: the diffusion of an innovation and its effects on the academic missions of universities," International Journal of Industrial Organization, Elsevier, vol. 21(9), pages 1323-1356, November.
    16. Matthias Almus, 2002. "What characterizes a fast-growing firm?," Applied Economics, Taylor & Francis Journals, vol. 34(12), pages 1497-1508.
    17. Harald Strotmann, 2007. "Entrepreneurial Survival," Small Business Economics, Springer, vol. 28(1), pages 87-104, January.
    18. David N. Allen, 1988. "Business Incubator Life Cycles," Economic Development Quarterly, , vol. 2(1), pages 19-29, February.
    19. Agarwal, Rajshree, 1996. "Technological activity and survival of firms," Economics Letters, Elsevier, vol. 52(1), pages 101-108, July.
    20. Mariagrazia Squicciarini, 2008. "Science Parks’ tenants versus out-of-Park firms: who innovates more? A duration model," The Journal of Technology Transfer, Springer, vol. 33(1), pages 45-71, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vanderstraeten, Johanna & van Witteloostuijn, Arjen & Matthyssens, Paul, 2020. "Organizational sponsorship and service co-development: A contingency view on service co-development directiveness of business incubators," Technovation, Elsevier, vol. 98(C).
    2. Francesco Minnetti, 2019. "The start-up “system†in Italy: support activities of the operators through an empirical analysis," Journal of Finance and Investment Analysis, SCIENPRESS Ltd, vol. 8(3), pages 1-3.
    3. Fidelis A. Ayatse & Nguwasen Kwahar & Akuraun S. Iyortsuun, 2017. "Business incubation process and firm performance: an empirical review," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 7(1), pages 1-17, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Schwartz, Michael, 2010. "A Control Group Study of Incubators’ Impact to Promote Firm Survival," IWH Discussion Papers 11/2010, Halle Institute for Economic Research (IWH).
    2. Michael Schwartz, 2013. "A control group study of incubators’ impact to promote firm survival," The Journal of Technology Transfer, Springer, vol. 38(3), pages 302-331, June.
    3. 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).
    4. Mian, Sarfraz & Lamine, Wadid & Fayolle, Alain, 2016. "Technology Business Incubation: An overview of the state of knowledge," Technovation, Elsevier, vol. 50, pages 1-12.
    5. 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.
    6. Laura Lecluyse & Mirjam Knockaert & Annelore Huyghe, 2023. "It is not because it is offered that it is used: an investigation into firm-level determinants of use intensity of buffering services in science parks," Small Business Economics, Springer, vol. 61(1), pages 85-104, June.
    7. J. Piet Hausberg & Sabrina Korreck, 2020. "Business incubators and accelerators: a co-citation analysis-based, systematic literature review," The Journal of Technology Transfer, Springer, vol. 45(1), pages 151-176, February.
    8. Eric Stokan & Lyke Thompson & Robert J. Mahu, 2015. "Testing the Differential Effect of Business Incubators on Firm Growth," Economic Development Quarterly, , vol. 29(4), pages 317-327, November.
    9. Good, Matthew & Knockaert, Mirjam & Soppe, Birthe & Wright, Mike, 2019. "The technology transfer ecosystem in academia. An organizational design perspective," Technovation, Elsevier, vol. 82, pages 35-50.
    10. Ferreiro Seoane, Francisco Jesús & Del Campo Villares, Manuel Octavio & Camino Santos, Marta, 2015. "Analysis of business incubators in Galicia through the «Integral Model of economic profitability»," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 33, pages 7-31.
    11. Laura Lecluyse & Mirjam Knockaert & André Spithoven, 2019. "The contribution of science parks: a literature review and future research agenda," The Journal of Technology Transfer, Springer, vol. 44(2), pages 559-595, April.
    12. Alberto Albahari & Andrés Barge-Gil & Salvador Pérez-Canto & Paolo Landoni, 2023. "The effect of science and technology parks on tenant firms: a literature review," The Journal of Technology Transfer, Springer, vol. 48(4), pages 1489-1531, August.
    13. Margarida Madaleno & Max Nathan & Henry Overman & Sevrin Waights, 2022. "Incubators, accelerators and urban economic development," Urban Studies, Urban Studies Journal Limited, vol. 59(2), pages 281-300, February.
    14. Alberto Albahari & Andrés Barge‐Gil & Salvador Pérez‐Canto & Aurelia Modrego, 2018. "The influence of science and technology park characteristics on firms' innovation results," Papers in Regional Science, Wiley Blackwell, vol. 97(2), pages 253-279, June.
    15. Caren Klingbeil & Thorsten Semrau, 2017. "For whom size matters – the interplay between incubator size, tenant characteristics and tenant growth," Industry and Innovation, Taylor & Francis Journals, vol. 24(7), pages 735-752, October.
    16. Christina Theodoraki & Karim Messeghem & Mark P. Rice, 2018. "A social capital approach to the development of sustainable entrepreneurial ecosystems: an explorative study," Small Business Economics, Springer, vol. 51(1), pages 153-170, June.
    17. Silvia Sedita & Roberto Grandinetti, 2014. "Relationships at work in a networked business incubator: the case of H-Farm," "Marco Fanno" Working Papers 0190, Dipartimento di Scienze Economiche "Marco Fanno".
    18. José Barbero & José Casillas & Mike Wright & Alicia Ramos Garcia, 2014. "Do different types of incubators produce different types of innovations?," The Journal of Technology Transfer, Springer, vol. 39(2), pages 151-168, April.
    19. Zouha?er M¡¯Chirgui, 2012. "Assessing the Performance of Business Incubators: Recent France Evidence," Business and Management Research, Business and Management Research, Sciedu Press, vol. 1(1), pages 62-76, March.
    20. Del Sarto, Nicola & Isabelle, Diane A. & Di Minin, Alberto, 2020. "The role of accelerators in firm survival: An fsQCA analysis of Italian startups," Technovation, Elsevier, vol. 90.

    More about this item

    Keywords

    Technologiezentren; Gründerzentren; Überleben; Überlebenszeitanalyse; Förderung;
    All these keywords.

    JEL classification:

    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:iwhdps:iwh-14-08. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/iwhhhde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.