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The Role of Incubators in Small Business Planning

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  • Fred L. Fry

Abstract

An incubator houses a number of new, small businesses that share space and administrative support. Management assistance is usually available and financial assistance is sometimes provided. Incubator managers can aid tenants also by encouraging and assisting them in their planning efforts. However, this study found a wide variance among incubators regarding the amount of planning by tenant firms. Further, the amount of planning by tenants appears to be a function of the amount of planning that is required or encouraged by incubator managers. The major implication is that planning can be affected by incubator managers. Thus, incubator managers should see part of their role as a planning facilitator. Additional areas for future research are suggested.

Suggested Citation

  • Fred L. Fry, 1987. "The Role of Incubators in Small Business Planning," Entrepreneurship Theory and Practice, , vol. 12(1), pages 51-62, July.
    • Handle: RePEc:sae:entthe:v:12:y:1987:i:1:p:51-62
    DOI: 10.1177/104225878701200104
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    References listed on IDEAS

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    1. Richard B. Robinson & John A. Pearce, 1983. "The impact of formalized strategic planning on financial performance in small organizations," Strategic Management Journal, Wiley Blackwell, vol. 4(3), pages 197-207, July.
    2. Richard B. Robinson Jr. & Moragea Y. Salem & John E. Logan & John A. Pearce II, 1986. "Planning Activities Related to Independent Retail Firm Performance," Entrepreneurship Theory and Practice, , vol. 11(1), pages 19-26, July.
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    Cited by:

    1. 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.
    2. Bollingtoft, Anne & Ulhoi, John P., 2005. "The networked business incubator--leveraging entrepreneurial agency?," Journal of Business Venturing, Elsevier, vol. 20(2), pages 265-290, March.
    3. Demirgil, Hakan & Karaoz, Murat & Baptista, Rui & Sungur, Onur, 2011. "Networking Activities and Growth of Newly Founded Firms under Incubation," MPRA Paper 46575, University Library of Munich, Germany.
    4. Deutschmann, Mareike, 2007. "What difference a 'pre' makes: University business preincubators in Germany. A national survey," Lüneburger Beiträge zur Gründungsforschung 5, Leuphana University of Lüneburg, Department of Entrepreneurship & Start-up Management.
    5. Radosław Wolniak & Michalene Eva Grebski & Bożena Skotnicka-Zasadzień, 2019. "Comparative Analysis of the Level of Satisfaction with the Services Received at the Business Incubators (Hazleton, PA, USA and Gliwice, Poland)," Sustainability, MDPI, vol. 11(10), pages 1-22, May.
    6. Sufia Kamal Laskar & Khalid Waheed, 2016. "Substantive Incubation for growth and its ICT impact on MSME's," International Journal of Business and Management, International Institute of Social and Economic Sciences, vol. 4(4), pages 53-77, November.
    7. 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.
    8. Douglas W. Naffziger & Jeffrey S. Hornsby & Donald F. Kuratko, 1994. "A Proposed Research Model of Entrepreneurial Motivation," Entrepreneurship Theory and Practice, , vol. 18(3), pages 29-42, April.
    9. David N. Allen & Richard Mccluskey, 1991. "Structure, Policy, Services, and Performance in the Business Incubator Industry," Entrepreneurship Theory and Practice, , vol. 15(2), pages 61-77, January.

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