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Assessing the Effectiveness of Incubators: The Case of Turkey

  • I.Semih Akçomak


    (MERIT, Maastricht University)

  • Erol Taymaz


    (Department of Economics, METU)

We assess the effectiveness of technology incubators in Turkey in supporting small and new firms. Information on 48 on-incubator and 41 off-incubator firms is gathered through face-to-face interviews to compare and to contrast those that benefit from incubators with those that do not. Our findings indicate differences between on- and off-incubator firms regarding their economic performance, highly in favor of on-incubator firms, but the same cannot be put forward concerning innovative output. We found financial support mechanisms and incubator support services important in explaining these performance differentials. We further argue that the impact of entrepreneur characteristics, business networking and interaction with universities are not strong enough.

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Paper provided by ERC - Economic Research Center, Middle East Technical University in its series ERC Working Papers with number 0412.

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Length: 19 pages
Date of creation: Oct 2004
Date of revision: Oct 2004
Handle: RePEc:met:wpaper:0412
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  1. Wennekers, Sander & Thurik, Roy, 1999. " Linking Entrepreneurship and Economic Growth," Small Business Economics, Springer, vol. 13(1), pages 27-55, August.
  2. Mian, Sarfraz A., 1996. "Assessing value-added contributions of university technology business incubators to tenant firms," Research Policy, Elsevier, vol. 25(3), pages 325-335, May.
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