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Purpose: To identify the strengths, weaknesses, opportunities and threats of business incubator models and their potential use in worldwide. Methodology: We studied two international cases: (a) United States, (b) United Kingdom. Findings: The results highlight the similarities and differences between the countries. It adds knowledge for both academics and practitioners who are interested in business incubation. Value: This paper is the first to utilize the SWOT technique to analyze the business incubation field and provides recommendations to implement successful adoption of the incubator’s strengths. The potential of Business Incubators who act as models in worldwide and their contribution to the economy, the active role they play in the local, regional and national economic development are discussed. Implications: Adaptation of a Business Incubator Model leads to (1) the support of diverse economies, (2) the commercialization of new technologies, (3) job creation and (4) increases in wealth, given that weaknesses can be overcome.

The purpose of this paper is to describe and identify the ranking of innovation program landscape in the UK. The identification will focus on the average of four categories: policy, culture, economy, and industry.

The nature of this research is mainly qualitative. This investigation uses two semi-structured interview based in the UK, combined with an examination of organizational documents.

The research findings indicated highest ranking of the Petchey Center of Entrepreneurship located in University of East London present culture 60 percent, policy 75 percent, industry 80 percent, and economy 100 percent.

The authors conclude with several recommendations for academia and practitioners such as governments, policy makers, funded organizations, and strategic institutions.

The purpose of this paper is to investigate and identify three categories of incubators in the USA located in New York (NY). The incubator categories are: technology commercialisation; economic development; and entrepreneurship.

The study uses a qualitative approach based on interviews concerning three incubator programmes selected for their successful outcomes.

The research findings suggest four priorities for incubators: to be dynamic models of self-sustainable, efficient business development; to provide helpful tools for generating jobs; to foster and support enterprise and innovation to create the best environment for the start-up and smart growth of businesses; and to support value-added businesses through various means, such as developing the region’s science parks and R&D centres, improving collaboration between universities, and supporting business investment and growth.

The research adds value to academicians and practitioners such as government, funded organisations, institutions and policy makers.

The purpose of this paper is twofold: first, discuss and analyse the successful adoption of incubators worldwide; and second, the lessons learned from successful incubators towards the twenty-first century.

The research methodologies adopted in this study are a mixed-methods approach: quantitative (survey) and qualitative (five international case studies).

Incubators contribute to the international economy and play a vital role not only in the economic recovery but also in smart growth and economic development. These findings will assist incubator managers, policy makers and government parties in successful implementation of incubator policies.

This research focuses on specific lessons. More in-depth research may find additional positive traits.

This research will be of benefit to countries establishing business incubators in order to avoid mistakes and increase the likelihood of success.

This paper contributes to the current literate on the best practices worldwide. Furthermore, it presents future perspectives for academicians and practitioners.

One of the most notable enterprises designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services is the business incubator. There are many key components to developing a successful business incubator. However, when one or two of these components are missing or inadequate, failure can follow. The purpose of this paper is to identify the key components to developing a successful business incubator as an effective tool for economic development, based on the case study of an unsuccessful effort.

The Gateway Innovation Center case study presents an opportunity to examine some possible pitfalls of developing a business incubator. A scant four months after opening, the organizers of the incubator decided to give up on the project. Exploring the various missteps in the formation of the Gateway Innovation Center provides a better understanding of key issues in developing successful incubators.

The lack of success was attributed to five features: function following form; lack of planning; lack of expertise; lack of due diligence; and market area would not support a technology incubator.

Very few business incubator failures are examined. This is one of the first case studies to examine the short life of a highly anticipated business incubator in an area of Southern California that was seeking to foster new businesses and create jobs in a region of relatively high unemployment.

The paper aims to review existing performance indicators in technology business incubators (TBIs) and propose some new indicators with a focus on incubation activities in higher educational institutes (HEIs) of India.

Performance indicators of various types of incubators were identified from research papers followed by interview, consultation and suggestion from experts of the subject. Nature of interrelationship between the identified indicators has been established with the help of Interpretive Structural Modelling methodology and Matrice d’impacts croisés multiplication appliquée á un classment analysis.

Number of ideas came for screening and number of ideas converted to start-ups, survival rate of incubatees is the indicators which have the highest driving power followed by time taken in screening an idea and number of failed or rejected ideas returned back into incubation. Few indicators (driving indicators) are affecting performance of other indicators as well.

Some performance indicators are proposed which can be used for measuring performance of technology incubators in India. The actual implications will be known when these findings are used to assess performance of some technology incubator. This also is the limitation of the study that some cases can be included to validate the findings of this research.

A total of 15 performance indicators for measuring performance of TBIs in Indian HEIs have been proposed. The proposed indicators will help incubator management to prioritize the efforts and resource allocation.

TBIs are looked upon as mechanism for promoting entrepreneurial culture in Indian HEIs. Their success is well linked to growth of society. This research will help technology incubators to identify the most important factors in incubation process. Performance improvement will directly affect society in whole. Culture of IEE (Innovation, Entrepreneurship and Employment ) can be achieved through technology incubators

Identification of new indicators for performance measurement of incubators in Indian HEIs is the novelty of this research. This has a lot of value due to multilevel hierarchy model.