IDEAS home Printed from https://ideas.repec.org/a/bpj/erjour/v10y2020i2p16n1.html

A Framework for Designing Business-Acceleration Programs: A Case Study from Egypt

Author

Listed:
  • Ismail Ayman

    (Department of Management, American University in Cairo, Cairo11835, Egypt)

Abstract

Business acceleration services are gaining popularity around the world. In this study, we put forward a framework and an iterative process for the design of acceleration programs. Based on literature from around the world and a case study of an acceleration program in Egypt, we develop a model that considers the process for designing, monitoring, and adjusting an acceleration program based on both internal and external considerations. In this study, we find that aspects such as the analysis of the external environment in the surrounding entrepreneurship ecosystem, and of the internal environment in the host institution’s capabilities, resources, and limitations, are important in guiding the design process. We also illustrate a comprehensive set of design parameters to be considered in the development of the acceleration program, including the program’s value proposition, sector focus, duration, service offering, resource intensity, partnerships, as well as the profile of the startups supported. In presenting this model, we aim to fill an important gap in research on how accelerators are designed and offer a framework substantiated by academic review that helps practitioners and policymakers avoid “copying and pasting” acceleration programs without careful attention to the local contexts and needs.

Suggested Citation

  • Ismail Ayman, 2020. "A Framework for Designing Business-Acceleration Programs: A Case Study from Egypt," Entrepreneurship Research Journal, De Gruyter, vol. 10(2), pages 1-16, April.
  • Handle: RePEc:bpj:erjour:v:10:y:2020:i:2:p:16:n:1
    DOI: 10.1515/erj-2018-0196
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/erj-2018-0196
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.

    File URL: https://libkey.io/10.1515/erj-2018-0196?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Christian Lendner & Michael Dowling, 2007. "The organisational structure of university business incubators and their impact on the success of start-ups: an international study," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 7(6), pages 541-555.
    2. Yael V. Hochberg, 2016. "Accelerating Entrepreneurs and Ecosystems: The Seed Accelerator Model," Innovation Policy and the Economy, University of Chicago Press, vol. 16(1), pages 25-51.
    3. 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.
    4. Jeff S. Armstrong & Michael R. Darby & Lynne G. Zucker, 2003. "Commercializing knowledge: university science, knowledge capture and firm performance in biotechnology," Proceedings, Federal Reserve Bank of Dallas, issue Sep, pages 149-170.
    5. 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..
    6. Rothaermel, Frank T. & Thursby, Marie, 2005. "Incubator firm failure or graduation?: The role of university linkages," Research Policy, Elsevier, vol. 34(7), pages 1076-1090, September.
    7. Venkataraman, Sankaran, 2004. "Regional transformation through technological entrepreneurship," Journal of Business Venturing, Elsevier, vol. 19(1), pages 153-167, January.
    8. Mark P. Rice & Michael L. Fetters & Patricia G. Greene, 2014. "University-based entrepreneurship ecosystems: a global study of six educational institutions," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 18(5/6), pages 481-501.
    9. Wonglimpiyarat, Jarunee, 2016. "The innovation incubator, university business incubator and technology transfer strategy: The case of Thailand," Technology in Society, Elsevier, vol. 46(C), pages 18-27.
    10. Mohamed El Dahshan & Ahmed H. Tolba & Tamer Badreldin, 2012. "Enabling Entrepreneurship in Egypt: Toward a Sustainable Dynamic Model," Innovations: Technology, Governance, Globalization, MIT Press, vol. 7(2), pages 83-106, April.
    Full references (including those not matched with items on IDEAS)

    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. 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.
    2. Muhammad Binsawad & Osama Sohaib & Igor Hawryszkiewycz, 2019. "Factors Impacting Technology Business Incubator Performance," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(01), pages 1-30, January.
    3. Rothaermel, Frank T. & Thursby, Marie, 2005. "University-incubator firm knowledge flows: assessing their impact on incubator firm performance," Research Policy, Elsevier, vol. 34(3), pages 305-320, April.
    4. Amezcua, Alejandro & Ratinho, Tiago & Plummer, Lawrence A. & Jayamohan, Parvathi, 2020. "Organizational sponsorship and the economics of place: How regional urbanization and localization shape incubator outcomes," Journal of Business Venturing, Elsevier, vol. 35(4).
    5. Brian J. Bergman & Jeffery S. McMullen, 2022. "Helping Entrepreneurs Help Themselves: A Review and Relational Research Agenda on Entrepreneurial Support Organizations," Entrepreneurship Theory and Practice, , vol. 46(3), pages 688-728, May.
    6. Sungur, Onur & Dulupçu, Murat Ali, 2013. "İşletme Kuluçkaları ve Bölgesel Kalkınma: Kavramsal Çerçeve ve Literatür Bulguları [Business Incubators and Regional Development: Conceptual Framework and Findings from the Literature]," MPRA Paper 51833, University Library of Munich, Germany.
    7. 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.
    8. Danny Soetanto & Sarah L. Jack, 2018. "Slack resources, exploratory and exploitative innovation and the performance of small technology-based firms at incubators," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1213-1231, October.
    9. Elsie Harper-Anderson & David A. Lewis, 2018. "What Makes Business Incubation Work? Measuring the Influence of Incubator Quality and Regional Capacity on Incubator Outcomes," Economic Development Quarterly, , vol. 32(1), pages 60-77, February.
    10. Hyun Ju Jung, 2020. "Recombination sources and breakthrough inventions: university-developed technology versus firm-developed technology," The Journal of Technology Transfer, Springer, vol. 45(4), pages 1121-1166, August.
    11. 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).
    12. 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.
    13. Johnson, William H.A., 2011. "Managing university technology development using organizational control theory," Research Policy, Elsevier, vol. 40(6), pages 842-852, July.
    14. María Redondo & Carmen Camarero, 2019. "Social Capital in University Business Incubators: dimensions, antecedents and outcomes," International Entrepreneurship and Management Journal, Springer, vol. 15(2), pages 599-624, June.
    15. 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.
    16. Kang, Yankun & Liu, Ruiming & Yang, Bingyan, 2025. "Bridging the ivory tower and industry: How university science parks promote university-industry collaboration?," Research Policy, Elsevier, vol. 54(6).
    17. Marijn van Weele & Frank J. Rijnsoever & Chris P. Eveleens & Henk Steinz & Niels Stijn & Menno Groen, 2018. "Start-EU-up! Lessons from international incubation practices to address the challenges faced by Western European start-ups," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1161-1189, October.
    18. Christopher S. Hayter & Andrew J. Nelson & Stephanie Zayed & Alan C. O’Connor, 2018. "Conceptualizing academic entrepreneurship ecosystems: a review, analysis and extension of the literature," The Journal of Technology Transfer, Springer, vol. 43(4), pages 1039-1082, August.
    19. Lukeš, Martin & Longo, Maria Cristina & Zouhar, Jan, 2019. "Do business incubators really enhance entrepreneurial growth? Evidence from a large sample of innovative Italian start-ups," Technovation, Elsevier, vol. 82, pages 25-34.
    20. Pandey, Poonam & Pansera, Mario, 2020. "Bringing Laxmi and Saraswati together: Nano-scientists and academic entrepreneurship in India," Technology in Society, Elsevier, vol. 63(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    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:bpj:erjour:v:10:y:2020:i:2:p:16:n:1. 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: Peter Golla (email available below). General contact details of provider: https://www.degruyterbrill.com .

    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.