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Assessing the Effectiveness of Incubators: The Case of Turkey

Author

Listed:
  • I.Semih Akçomak

    (MERIT, Maastricht University)

  • Erol Taymaz

    (Department of Economics, METU)

Abstract

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.

Suggested Citation

  • I.Semih Akçomak & Erol Taymaz, 2004. "Assessing the Effectiveness of Incubators: The Case of Turkey," ERC Working Papers 0412, ERC - Economic Research Center, Middle East Technical University, revised Oct 2004.
  • Handle: RePEc:met:wpaper:0412
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    File URL: http://erc.metu.edu.tr/en/system/files/menu/series04/0412.pdf
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    References listed on IDEAS

    as
    1. 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.
    2. Wennekers, Sander & Thurik, Roy, 1999. "Linking Entrepreneurship and Economic Growth," Small Business Economics, Springer, vol. 13(1), pages 27-55, August.
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    Cited by:

    1. Bascavusoglu-Moreau, Elif, 2010. "Entrepreneurship and the National System of Innovation: What is Missing in Turkey?," WIDER Working Paper Series 054, World Institute for Development Economic Research (UNU-WIDER).

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    More about this item

    Keywords

    Turkey; technology policy; incubators; high-tech SMEs;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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