IDEAS home Printed from https://ideas.repec.org/a/eee/tefoso/v190y2023ics004016252300104x.html
   My bibliography  Save this article

Promotion of entrepreneurship through business incubators: Regional analysis in Spain

Author

Listed:
  • Rosado-Cubero, Ana
  • Hernández, Adolfo
  • Blanco Jiménez, Francisco José
  • Freire-Rubio, Teresa

Abstract

This study focuses on business incubators in Spain, which helps compare regions within Spain. This study has four goals: to shape taxonomy of the Spanish business incubator system, to compare between regions, to identify the factors affecting incubators' success, and to analyse during the COVID pandemic. Of the 478 business incubators registered in Spain, 89 were selected as the sample for study. Business incubators provide office space, equipment and mentoring services, as well as financial, legal and administrative support for entrepreneurs and start-up companies. Non-parametric statistical techniques are used to compare between regions, considering each regional business incubator as an ecosystem. The study focuses on six Spanish regions: Madrid, Catalonia, Castile-Leon, Aragon, Basque Country and Galicia.

Suggested Citation

  • Rosado-Cubero, Ana & Hernández, Adolfo & Blanco Jiménez, Francisco José & Freire-Rubio, Teresa, 2023. "Promotion of entrepreneurship through business incubators: Regional analysis in Spain," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    • Handle: RePEc:eee:tefoso:v:190:y:2023:i:c:s004016252300104x
    DOI: 10.1016/j.techfore.2023.122419
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S004016252300104X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.techfore.2023.122419?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 search for a different version of it.

    References listed on IDEAS

    as
    1. Bosma, Niels & Hessels, Jolanda & Schutjens, Veronique & Praag, Mirjam Van & Verheul, Ingrid, 2012. "Entrepreneurship and role models," Journal of Economic Psychology, Elsevier, vol. 33(2), pages 410-424.
    2. David Audretsch & Colin Mason & Morgan P. Miles & Allan O’Connor, 2018. "The dynamics of entrepreneurial ecosystems," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 30(3-4), pages 471-474, March.
    3. Eric Liguori & Josh Bendickson & Shelby Solomon & William C. McDowell, 2019. "Development of a multi-dimensional measure for assessing entrepreneurial ecosystems," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 31(1-2), pages 7-21, January.
    4. Thomas B. Astebro & N. Bazzazian, 2010. "Student startups and local economic development," Post-Print hal-00654319, HAL.
    5. 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.
    6. Surana, Kavita & Singh, Anuraag & Sagar, Ambuj D, 2020. "Strengthening science, technology, and innovation-based incubators to help achieve Sustainable Development Goals: Lessons from India," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
    7. Zoltán J. Acs & David B. Audretsch & Erik E. Lehmann & Georg Licht, 2016. "National systems of entrepreneurship," Small Business Economics, Springer, vol. 46(4), pages 527-535, April.
    8. Pierre-André Julien, 2019. "The regional variations of entrepreneurial dynamism: a mixed methods study," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 31(9-10), pages 874-907, October.
    9. Jonathan Muringani & Rune D Fitjar & Andrés Rodríguez-Pose, 2021. "Social capital and economic growth in the regions of Europe," Environment and Planning A, , vol. 53(6), pages 1412-1434, September.
    10. Zoltan J. Acs & Erik Stam & David B. Audretsch & Allan O’Connor, 2017. "The lineages of the entrepreneurial ecosystem approach," Small Business Economics, Springer, vol. 49(1), pages 1-10, June.
    11. Atta-Owusu, Kwadwo & Fitjar, Rune Dahl & Rodríguez-Pose, Andrés, 2021. "What drives university-industry collaboration? Research excellence or firm collaboration strategy?," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    12. Philippe Aghion, 2017. "Entrepreneurship and growth: lessons from an intellectual journey," PSE-Ecole d'économie de Paris (Postprint) halshs-01599618, HAL.
    13. Andr�s Rodr�guez-Pose, 2013. "Do Institutions Matter for Regional Development?," Regional Studies, Taylor & Francis Journals, vol. 47(7), pages 1034-1047, July.
    14. Philippe Aghion, 2017. "Entrepreneurship and growth: lessons from an intellectual journey," Post-Print halshs-01599618, HAL.
    15. Hanadi Mubarak Al-Mubaraki & Michael Busler, 2017. "Challenges and opportunities of innovation and incubators as a tool for knowledge-based economy," Journal of Innovation and Entrepreneurship, Springer, vol. 6(1), pages 1-18, December.
    16. Erik Stam & Andrew Ven, 2021. "Entrepreneurial ecosystem elements," Small Business Economics, Springer, vol. 56(2), pages 809-832, February.
    17. João J. Ferreira & Alain Fayolle & Cristina Fernandes & Mário Raposo, 2017. "Effects of Schumpeterian and Kirznerian entrepreneurship on economic growth: panel data evidence," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 29(1-2), pages 27-50, January.
    18. Albort-Morant, Gema & Ribeiro-Soriano, Domingo, 2016. "A bibliometric analysis of international impact of business incubators," Journal of Business Research, Elsevier, vol. 69(5), pages 1775-1779.
    19. Georgios Fotopoulos, 2012. "Nonlinearities in regional economic growth and convergence: the role of entrepreneurship in the European union regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 48(3), pages 719-741, June.
    20. Domingo Ribeiro-Soriano, 2017. "Small business and entrepreneurship: their role in economic and social development," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 29(1-2), pages 1-3, January.
    21. 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.
    22. Sascha Kraus & William McDowell & Domingo Enrique Ribeiro-Soriano & María Rodríguez-García, 2021. "The role of innovation and knowledge for entrepreneurship and regional development," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 33(3-4), pages 175-184, March.
    23. Brown, Ross & Lee, Neil, 2019. "Strapped for cash? Funding for UK high growth SMEs since the global financial crisis," Journal of Business Research, Elsevier, vol. 99(C), pages 37-45.
    24. repec:use:tkiwps:332 is not listed on IDEAS
    25. Eloy Sentana & Reyes González & José Gascó & Juan LLopis, 2017. "The social profitability of business incubators: a measurement proposal," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 29(1-2), pages 116-136, January.
    26. Audretsch, David & Braunerhjelm, Pontus & Acs, Zoltán J & Carlsson, Bo, 2004. "The Missing Link: The Knowledge Filter and Entrepreneurship in Endogenous Growth," CEPR Discussion Papers 4783, C.E.P.R. Discussion Papers.
    27. Wang, Zhaoxing & He, Qile & Xia, Senmao & Sarpong, David & Xiong, Ailun & Maas, Gideon, 2020. "Capacities of business incubator and regional innovation performance," Technological Forecasting and Social Change, Elsevier, vol. 158(C).
    28. Philippe Aghion, 2017. "Entrepreneurship and growth: lessons from an intellectual journey," Small Business Economics, Springer, vol. 48(1), pages 9-24, January.
    29. Colin Mason & Ross Brown, 2013. "Creating good public policy to support high-growth firms," Small Business Economics, Springer, vol. 40(2), pages 211-225, February.
    30. Mas-Verdú, Francisco & Ribeiro-Soriano, Domingo & Roig-Tierno, Norat, 2015. "Firm survival: The role of incubators and business characteristics," Journal of Business Research, Elsevier, vol. 68(4), pages 793-796.
    31. Mercedes Gumbau Albert, 2017. "Entrepreneurship, innovation and regional performance: application for the Spanish regions," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 29(3-4), pages 271-291, March.
    32. Maria Minniti, 2008. "The Role of Government Policy on Entrepreneurial Activity: Productive, Unproductive, or Destructive?," Entrepreneurship Theory and Practice, , vol. 32(5), pages 779-790, September.
    33. M. Teresa Fernández Fernández & Francisco J. Blanco Jiménez & Juan R. Cuadrado Roura, 2015. "Business incubation: innovative services in an entrepreneurship ecosystem," The Service Industries Journal, Taylor & Francis Journals, vol. 35(14), pages 783-800, October.
    34. Henry Etzkowitz, 2002. "Incubation of incubators: innovation as a triple helix of university-industry-government networks," Science and Public Policy, Oxford University Press, vol. 29(2), pages 115-128, April.
    35. van Rijnsoever, Frank J., 2020. "Meeting, mating, and intermediating: How incubators can overcome weak network problems in entrepreneurial ecosystems," Research Policy, Elsevier, vol. 49(1).
    36. Poh Wong & Yuen Ho & Erkko Autio, 2005. "Entrepreneurship, Innovation and Economic Growth: Evidence from GEM data," Small Business Economics, Springer, vol. 24(3), pages 335-350, January.
    37. Mauri Laukkanen, 2000. "Exploring alternative approaches in high-level entrepreneurship education: creating micromechanisms for endogenous regional growth," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 12(1), pages 25-47, January.
    38. Kavita Surana & Anuraag Singh & Ambuj D Sagar, 2020. "Strengthening science, technology, and innovation-based incubators to help achieve Sustainable Development Goals: Lessons from India," Papers 2005.13138, arXiv.org, revised Jun 2020.
    39. Donato Iacobucci & Francesco Perugini, 2021. "Entrepreneurial ecosystems and economic resilience at local level," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 33(9-10), pages 689-716, October.
    40. José Fernández-Serrano & Juan A. Martínez-Román & Isidoro Romero, 2019. "The entrepreneur in the regional innovation system. A comparative study for high- and low-income regions," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 31(5-6), pages 337-356, May.
    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. Vilena A. Yakimova & Svetlana V. Pankova, 2023. "The Influence of Digital Environment Factors on the Development of Entrepreneurial Ecosystems in Russian Regions," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 22(3), pages 600-629.

    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. Theodoraki, Christina & Dana, Léo-Paul & Caputo, Andrea, 2022. "Building sustainable entrepreneurial ecosystems: A holistic approach," Journal of Business Research, Elsevier, vol. 140(C), pages 346-360.
    2. Lafuente, Esteban & Ács, Zoltán J. & Szerb, László, 2022. "A composite indicator analysis for optimizing entrepreneurial ecosystems," Research Policy, Elsevier, vol. 51(9).
    3. Jana Schmutzler & Veneta Andonova & Jonathan Perez-Lopez, 2021. "The role of diaspora in opportunity-driven entrepreneurial ecosystems: A mixed-methods study of Balkan economies," International Entrepreneurship and Management Journal, Springer, vol. 17(2), pages 693-729, June.
    4. Han, Shaojie & Su, Jingqin & Lyu, Yibo & Liu, Qing, 2022. "How do business incubators govern incubation relationships with different new ventures?," Technovation, Elsevier, vol. 116(C).
    5. Vidit Mohan & Rohan Chinchwadkar, 2022. "Technology Business Incubation: A Literature Review and Gaps," International Journal of Global Business and Competitiveness, Springer, vol. 17(1), pages 53-63, June.
    6. Zoltan J. Acs & Saul Estrin & Tomasz Mickiewicz & László Szerb, 2018. "Entrepreneurship, institutional economics, and economic growth: an ecosystem perspective," Small Business Economics, Springer, vol. 51(2), pages 501-514, August.
    7. Colin Donaldson, 2021. "Culture in the entrepreneurial ecosystem: a conceptual framing," International Entrepreneurship and Management Journal, Springer, vol. 17(1), pages 289-319, March.
    8. Daniel Sunghwan Cho & Paul Ryan & Giulio Buciuni, 2022. "Evolutionary entrepreneurial ecosystems: a research pathway," Small Business Economics, Springer, vol. 58(4), pages 1865-1883, April.
    9. Guéneau, Grégory & Chabaud, Didier & Sauvannet, Marie-Christine Chalus, 2023. "Sticky ties: Quest for structural inter-organizational configurations in entrepreneurial ecosystems," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    10. Jian, Jianhui & Fan, Xiaojie & Zhao, Shiyong & Zhou, Dong, 2021. "Business creation, innovation, and economic growth: Evidence from China’s economic transition, 1978–2017," Economic Modelling, Elsevier, vol. 96(C), pages 371-378.
    11. Jianhong Zhang & Désirée Gorp & Henk Kievit, 2023. "Digital technology and national entrepreneurship: An ecosystem perspective," The Journal of Technology Transfer, Springer, vol. 48(3), pages 1077-1105, June.
    12. Rosado-Cubero, Ana & Hernández, Adolfo & Jiménez, Francisco José Blanco & Freire-Rubio, Teresa, 2024. "Does gender affect entrepreneurship? Evidence from Spanish and Argentinian business incubators," Journal of Business Research, Elsevier, vol. 170(C).
    13. Quoc Hoang Thai & Khuong Ngoc Mai & Tung Thanh Do, 2023. "An Evolution of Entrepreneurial Ecosystem Studies: A Systematic Literature Review and Future Research Agenda," SAGE Open, , vol. 13(1), pages 21582440231, March.
    14. 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.
    15. Jeff Muldoon & Eric W. Liguori & Shelby Solomon & Josh Bendickson, 2023. "Technological Innovation and the expansion of Entrepreneurship Ecosystems," Review of Managerial Science, Springer, vol. 17(5), pages 1789-1808, July.
    16. Amir Hossein Azadnia & Simon Stephens & Pezhman Ghadimi & George Onofrei, 2022. "A comprehensive performance measurement framework for business incubation centres: Empirical evidence in an Irish context," Business Strategy and the Environment, Wiley Blackwell, vol. 31(5), pages 2437-2455, July.
    17. Angelo Cavallo & Antonio Ghezzi & Raffaello Balocco, 2019. "Entrepreneurial ecosystem research: present debates and future directions," International Entrepreneurship and Management Journal, Springer, vol. 15(4), pages 1291-1321, December.
    18. Kaur, Manmeet & Ahmad, Wasim & Hari, K.S. & Kattumuri, Ruth, 2024. "FinTech entrepreneurial ecosystem in India: Role of incubators and accelerators," Global Finance Journal, Elsevier, vol. 60(C).
    19. Hans Rawhouser & Silvio Vismara & Nir Kshetri, 2024. "Blockchain and vulnerable entrepreneurial ecosystems," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 36(1-2), pages 10-35, January.
    20. Zhao, Xin & Xu, Yong & Vasa, László & Shahzad, Umer, 2023. "Entrepreneurial ecosystem and urban innovation: Contextual findings in the lens of sustainable development from China," Technological Forecasting and Social Change, Elsevier, vol. 191(C).

    More about this item

    Keywords

    C14 Semi-parametric and Non-parametric Methods: General; L 26 Entrepreneurship (Family Firms; SMES; Incubators; Accelerators; Start-ups and Spin-offs); L53 Enterprise Policy;
    All these keywords.

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise 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:eee:tefoso:v:190:y:2023:i:c:s004016252300104x. 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: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/00401625 .

    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.