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1 – 10 of over 1000
Article
Publication date: 13 September 2022

Iwan Iwut Tritoasmoro, Udisubakti Ciptomulyono, Wawan Dhewanto and Tatang Akhmad Taufik

This paper aims to investigate the effect of business incubation metrics based on an adaptation of the lean start-up (LS) framework on start-up survival after incubation. This…

Abstract

Purpose

This paper aims to investigate the effect of business incubation metrics based on an adaptation of the lean start-up (LS) framework on start-up survival after incubation. This study also analyzes the obstacles in implementing the LS framework as incubation metrics.

Design/methodology/approach

This study uses mixed methods. Quantitative research using multiple linear regression was applied to the data of 30 start-ups incubated at Bandung Techno Park for the 2014–2017 period and survival tracking data after the incubation. A qualitative approach to complete the explanatory work was conducted through in-depth interviews with 12 respondents, including start-up graduates from the incubation program, program managers and mentors.

Findings

This study confirms that several LS incubation metrics significantly affect start-up sustainability after incubation. In addition, this study also explains several problems in applying the LS discipline that needs attention to increase incubation success.

Research limitations/implications

Research was conducted only at one technology business incubator (TBI) model that focuses on digital start-ups in the emerging ecosystem. Research results can be biased in different situations and ecosystems.

Practical implications

The explanation of the relationship of LS-based incubation metrics to the survival of start-ups, as well as the challenges of their implementation, can be a reference for TBI management to consider and prioritize intervention strategies, thereby improving TBI’s business processes and increasing the success rate of incubated start-ups.

Social implications

The creation of university start-ups and spin-offs has become a key performance indicator mandatory for technology universities in Indonesia. The existence of TBI institutions in universities as channels of technology commercialization is essential. The incubator’s success in creating a new technology-based company will have a significant social impact on the surrounding environment.

Originality/value

Although the LS method is popular in start-up communities and among practitioners, it is rarely used in the incubation process at universities. These results can be considered for university TBIs to explore LS as an incubation management tool to increase the success rate of incubated start-ups.

Details

Journal of Science and Technology Policy Management, vol. 15 no. 1
Type: Research Article
ISSN: 2053-4620

Keywords

Article
Publication date: 8 February 2022

Simon Stephens and Roisin M. Lyons

This paper presents a conceptual framework based on a literature review and the findings from an empirical study using data collected from entrepreneurs (business incubatees) over…

Abstract

Purpose

This paper presents a conceptual framework based on a literature review and the findings from an empirical study using data collected from entrepreneurs (business incubatees) over a 15-year period (2004–2019). This paper aim is to discuss and propose areas to consider when (re)designing business incubation.

Design/methodology/approach

The data set is based on the experiences of five different cohorts (n = 100), each of which spent 18–24 months participating in a start-up programme sponsored by a business incubation centre (BIC) located in Ireland. To add further depth and nuance to this paper’s findings, an expert focus group was undertaken.

Findings

The findings highlight the importance of different activities and skills in a BIC over time and recommend the inclusion of a number of activities in a BIC framework. The activities include continued professional development (CPD), action research, participation in a simulation, development of emotional intelligence, leadership skills and mindset and critical reflection.

Practical implications

This paper presents an appropriate conceptual framework for the (re)design of business incubation. The framework facilitates an improved understanding of the evolution of entrepreneurial activities and outcomes associated with engagement with a BIC.

Originality/value

BIC 4.0, as described in this paper, proposes success as multi-faceted and including space, facilities, networks, mentors, professional development, reflective practice, emotional development and engagement with continuous professional development.

Details

Journal of Science and Technology Policy Management, vol. 14 no. 3
Type: Research Article
ISSN: 2053-4620

Keywords

Article
Publication date: 11 November 2014

Nicholas Theodorakopoulos, Nada K. Kakabadse and Carmel McGowan

The purpose of this paper is twofold: first, to provide a critical assessment of the literature on business incubation effectiveness and second, to submit a situated theoretical…

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Abstract

Purpose

The purpose of this paper is twofold: first, to provide a critical assessment of the literature on business incubation effectiveness and second, to submit a situated theoretical perspective on how business incubation management can provide an environment that supports the development of incubatee entrepreneurs and their businesses.

Design/methodology/approach

The paper provides a narrative critical assessment of the literature on business incubation effectiveness. Definitional issues, performance aspects and approaches to establishing critical success factors in business incubation are discussed. Business incubation management is identified as an overarching factor for theorising on business incubation effectiveness.

Findings

The literature on business incubation effectiveness suffers from several deficiencies, including definitional incongruence, descriptive accounts, fragmentation and lack of strong conceptual grounding. Notwithstanding the growth of research on this domain, understanding of how entrepreneurs and their businesses develop within the business incubator environment remains limited. Given the importance of relational, intangible factors in business incubation and the critical role of business incubation management in orchestrating and optimising such factors, it is suggested that theorising efforts would benefit from a situated perspective.

Originality/value

The identification of specific shortcomings in the literature on business incubation highlights the need for more systematic efforts towards theory building. It is suggested that focusing on the role of business incubation management from a situated learning theory perspective can lend itself to a more profound understanding of the development process of incubatee entrepreneurs and their firms. Theoretical propositions are offered to this effect, as well as avenues for future research.

Details

Journal of Small Business and Enterprise Development, vol. 21 no. 4
Type: Research Article
ISSN: 1462-6004

Keywords

Article
Publication date: 29 November 2018

Alexander Dominik Meister and René Mauer

Recent years have seen a wave of immigration in western countries. Entrepreneurship can foster refugees’ integration in the labour market. Hence, the authors observe an emergence…

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Abstract

Purpose

Recent years have seen a wave of immigration in western countries. Entrepreneurship can foster refugees’ integration in the labour market. Hence, the authors observe an emergence of incubators with social purpose, addressing the key challenges of refugee entrepreneurs. The purpose of this paper is to look at the particularities and the impact of business incubation on entrepreneurial development and embeddedness of refugee entrepreneurs in the host country by applying the theoretical lens of mixed embeddedness theory.

Design/methodology/approach

This paper is based on a qualitative case study approach exploring one business incubation model for refugee entrepreneurs in Germany. For a multi-stakeholder perspective, the data were collected through a participatory focus group workshop and semi-structured interviews of refugee entrepreneurs and incubator stakeholders (e.g. incubator management, mentors and partners) contributing to the incubation. The data collection extends over the duration of five months of the incubation programme.

Findings

The empirical results emphasise the impact of the business incubator on refugee entrepreneur’s development and embeddedness. In this analysis, the authors identify key themes of a particular incubation process addressing the lack of embeddedness and barriers to refugee entrepreneurs in the host country. From the results, the authors elaborate a particular business incubation process framework of refugee entrepreneurs.

Originality/value

The findings enhance the understanding how business incubation contributes to the embeddedness of refugee entrepreneurs in their new hosting environment. Thus, this research contributes to the existing literature by extending incubation model frameworks towards refugee entrepreneurship and embeddedness perspectives. Furthermore, the study emphasises the role of the incubator in the context of the dimensions of the mixed embeddedness of the refugee entrepreneurs.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 25 no. 5
Type: Research Article
ISSN: 1355-2554

Keywords

Article
Publication date: 29 June 2010

Lorna Treanor and Colette Henry

Women entrepreneurs face gender‐specific barriers surrounding access to: networks of information, assistance, finance and investment funds, in addition to socio‐cultural barriers…

Abstract

Purpose

Women entrepreneurs face gender‐specific barriers surrounding access to: networks of information, assistance, finance and investment funds, in addition to socio‐cultural barriers. Business incubation literature indicates the supports provided to tenant incubator companies (including: assistance from incubation managers, access to academic institutions and facilities and access to contact networks), generally increase survival rates and can accelerate growth in turnover, employment levels and export sales. Business incubators could, therefore, offer an ideal environment for women entrepreneurs to overcome many gender‐related barriers. The Irish Government has invested, via “Enterprise Ireland”, over €46 million in campus‐incubators but the gender composition of incubation tenants accessing this state funding has not been explored.

Design/methodology/approach

A study of all “Enterprise Ireland” funded campus‐incubators in Ireland was undertaken between November 2006 and March 2007. A survey of 100 per cent of centre managers explored their background, demands on time, the contact networks and relationships with the academic host in each centre and services provided. For cross‐referencing purposes, some tenants and prospective tenants were also surveyed in relation to tenant expectations and service delivery; the culture of incubation centres; incubation centres' policies are: tenant recruitment and selection.

Findings

This paper highlights the under‐representation of women‐owned businesses in Ireland's campus incubation centres.

Research limitations/implications

These findings highlight key areas requiring attention from researchers, policy makers and incubation managers to facilitate best practice.

Originality/value

This paper contributes to current knowledge as there has, to date, been no comprehensive study or evaluation of gender equality, or suitability of services provided, in campus‐incubators.

Details

International Journal of Gender and Entrepreneurship, vol. 2 no. 2
Type: Research Article
ISSN: 1756-6266

Keywords

Article
Publication date: 3 February 2020

Tiffany W.M. FONG

This paper discusses the services and support from one of the government design-based business incubators in Hong Kong. The characteristics of a design business incubator are…

Abstract

Purpose

This paper discusses the services and support from one of the government design-based business incubators in Hong Kong. The characteristics of a design business incubator are explained, and a multiple-case study indicates the perspectives of incubatees from different design disciplines after their graduation from the incubation programme.

Design/methodology/approach

The research under discussion in this paper was based on eight design incubatees in different design disciplines within two years of incubation period, all of whom had participated in one of the government-funded business incubation programmes for designers in Hong Kong. The programme is unique because there are no other government-based incubation programmes for designers in Hong Kong. Semi-structured interviews were conducted to collect feedback from incubatees in areas ranging from terms of service to support of the incubation programme.

Findings

The services of training, mentorship and finance were found to be the most important to design start-ups. Financial support and flexible funding allocation were another important issue for design incubatees, but training in these subject areas was not included in the incubation programme. However, it was confirmed that funding provided may have helped a number of the incubatees in developing their start-up businesses as a result of the reduced financial burden and office allocation.

Research limitations/implications

The research focused on one incubation programme because of the lack of incubation programmes for designers in Hong Kong, therefore future research which compares different types of business incubation programmes is suggested.

Practical implications

The outcomes of the research not only identified the possible areas of development and improvement of business incubation in entrepreneurship but they will also be useful for the government, universities, institutions, designers, policy makers, entrepreneurs and practitioners. These, in addition to industry stakeholders who want to evaluate their entrepreneurship programmes and develop their plans for potential development in incubation- or entrepreneurial-related programmes or training, especially in the area of design, will find the results useful.

Details

Higher Education, Skills and Work-Based Learning, vol. 10 no. 3
Type: Research Article
ISSN: 2042-3896

Keywords

Article
Publication date: 29 October 2018

Francesco Petrucci

The purpose of this paper is to preliminary attempt to deal with the phenomenon of business incubation from the industrial network perspective (Hakansson et al., 2009). The study…

1329

Abstract

Purpose

The purpose of this paper is to preliminary attempt to deal with the phenomenon of business incubation from the industrial network perspective (Hakansson et al., 2009). The study draws on the Industrial Marketing and Purchasing (IMP) insights on new business formation and development in business networks as a starting point to shed light on the incubator–incubatee relationship content and development to see how this specific relationship influences the development process of a mid-stage business venture. The author believes that the IMP tradition – with its focus on interactions in business relationships – can positively contribute to implementing this neglected topic of incubation research.

Design/methodology/approach

The paper develops a longitudinal case study describing a mid-stage start-up venture initiating and developing a business relationship with a private business incubator. The relationship is explored through an abductive research design grounded in the IMP ARA model of analysis. The investigation focuses on how the incubation process unfolds through resources’ and actors’ interactions at different scales of analysis: the focal dyad, the incubation internal environment and the surrounding network. Particular “contextual” emphasis is put on new venture’s prior relationships. The study reveals three main findings.

Findings

Business incubation results as an emergent, and interdependent, process of interaction that develops among the incubator, the incubatee and external networked actors. In this perspective, the paper aims to re-discuss the role of the incubator in the process of forming and developing a new company considering its minor role in the wider developmental setting surrounding the incubatee.

Research limitations/implications

The paper introduces IMP concepts to business incubation debates, which can positively challenge and provide novel explanations about the recurring gaps of the literature. Further research should provide more detail on the role and functioning of interactive incubation in a business network context, addressing complex topics such as incubation performance and outcomes. Further research should also deepen and discuss the role of incubation relationships within the set of initial relationships of a new venture.

Practical implications

This analysis can be used to revise the general approach to the management and configuration of business incubators. Present insights could be helpful, in fact, to design more effective incubation offerings and models, as well as develop best managerial practices targeted at interacting with new venture especially in the resource dimension, both within and outside the incubation environment.

Originality/value

The incubation dyad, as a unit of analysis, has been scarcely addressed in incubation research. This is central for addressing the role of interactions, relationships and networks in incubation, all elements which have been too scarcely investigated. In addition, the paper deals with a private business incubator, a particular model which is in need for more research. Finally, the case of an established new venture which decides to enter a business incubator at a later stage of its development represents a peculiar case which does not fit classical research typically focused on new ventures “born and raised” entirely in incubation.

Details

IMP Journal, vol. 12 no. 3
Type: Research Article
ISSN: 2059-1403

Keywords

Article
Publication date: 1 July 2006

Pam Voisey, Lynne Gornall, Paul Jones and Brychan Thomas

The purpose of this paper is to examine the impact and success of a business incubation project on its participants. The study aims to consider the impact of the project in terms…

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Abstract

Purpose

The purpose of this paper is to examine the impact and success of a business incubation project on its participants. The study aims to consider the impact of the project in terms of developing and supporting entrepreneurial activity within Wales. It seeks to build on and enhance existing business incubation literature and contribute to the field by identifying “good” practice and considers the measurement of success within such projects.

Design/methodology/approach

This study employs an individual case study methodology which evaluates all aspects of the Graduate Teleworking Initiative (GTi) project. A range of qualitative and quantitative methods is utilised to capture the views of aspiring entrepreneurs. In addition the progress of entrepreneurs is compared with “distance travelled” methodologies developed by other EU programmes, using the experiences of GTi businesses as individual case histories. In addition, this paper looks at additional ways to measure the success of this type of project, based on a study of the current academic literature and work currently being undertaken with funding agencies in Wales in respect of economic regeneration. The case study method is recognised as the most effective research strategy to capture the “rich” experience of complex projects.

Findings

The study finds that, if incubation facilities are to receive continuing support, the measurement of success needs to be broader than a set of statistical outputs. The academic literature queries whether business incubation works, and invites us to decide if the end result is of value or not. This paper considers additional ways to measure the success of this type of project. Applications for public funding in support of business incubators as part of an overall economic regeneration strategy should be able to provide a wider evaluation of effectiveness, and this paper seeks to develop a model to this purpose, to assist the ongoing development of incubator facilities in Wales.

Practical implications

This study will be of interest to business incubation providers and entrepreneurial researchers in identifying valid and achievable success measures and should inform developments in this field.

Originality/value

The paper provides a unique insight into a successful business incubation project and identifies the key to its on going success. Furthermore, the study identifies generic measures of success for a typical business incubation project based on the GTi experience and a detailed investigation of alternative business incubators.

Details

Journal of Small Business and Enterprise Development, vol. 13 no. 3
Type: Research Article
ISSN: 1462-6004

Keywords

Article
Publication date: 1 January 2006

Andrew Atherton and Paul D. Hannon

To generate and test a coherent framework of incubation strategies and interventions that can be deployed to encourage enterprise development through new venture creation in local…

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Abstract

Purpose

To generate and test a coherent framework of incubation strategies and interventions that can be deployed to encourage enterprise development through new venture creation in local economies.

Design/methodology/approach

Postal questionnaire to new ventures, combined with ongoing engagement of and consultation with incubation practitioners and local economic development professionals.

Findings

Seven generic incubation strategies were identified and developed. Four focus on a premises‐driven approach to incubation, and three on a more process‐based approach. All seven strategies represent opportunities for tailored and hence targeted approaches to the development of incubators and incubation services.

Research limitations/implications

The study focused on one rural county in England. There is a need to test the strategies in other contexts, to determine their wider relevance.

Practical implications

The seven incubation strategies can be used to develop tailored approaches to incubation, within a comprehensive framework of incubation “options”. The authors suggest that a combination of approaches is developed as the basis for effective local incubation practice.

Originality/value

The paper provides a framework for developing incubation strategies that offers coherence and the opportunity for “bottom‐up” yet integrated approaches.

Details

Journal of Small Business and Enterprise Development, vol. 13 no. 1
Type: Research Article
ISSN: 1462-6004

Keywords

Article
Publication date: 1 January 2010

Lilai Xu

Business incubation is an important strategy to foster entrepreneurship and innovation; it has gained enormous popularity in China since the mid‐1990s. The purpose of this paper…

2030

Abstract

Purpose

Business incubation is an important strategy to foster entrepreneurship and innovation; it has gained enormous popularity in China since the mid‐1990s. The purpose of this paper is to provide insights into the perceived value of business incubators from the perspective of start‐up ventures and draw implications for future incubation programmes in China.

Design/methodology/approach

The research was based on a sample of 61 incubator tenants from well‐established business incubators in Shanghai. A questionnaire including Likert‐type scales was developed to collect feedback/comments on incubator services as well as the perceived benefits of the incubation programme.

Findings

True to their names, business incubators in China have added practical value to start‐up ventures by providing wide‐ranging services and tangible/intangible benefits via the incubation programme. However, compared to their counterparts in North America and Europe, the Chinese incubators are still deficient in some important aspects; for example, counselling and mentoring services. To achieve better incubation outcomes, it is crucial that the incubator managers be competent, qualified and highly skilled.

Originality/value

Most of the previous studies on the effectiveness of business incubation in China were undertaken using a case‐based approach or focusing on the contributions of the business incubator to local economic development. The findings in such studies cannot be generalized. This paper provides empirical evidence to confirm the previous findings.

Details

Management Research Review, vol. 33 no. 1
Type: Research Article
ISSN: 2040-8269

Keywords

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