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Article
Publication date: 20 June 2018

Kanchan Lala and Kunal Sinha

The purpose of this paper is to analyze and summarize growth and development of technology business incubation system in India. The study in this route tries to explore factors…

Abstract

Purpose

The purpose of this paper is to analyze and summarize growth and development of technology business incubation system in India. The study in this route tries to explore factors which include various actors and agencies influencing the process of incubation and innovation.

Design/methodology/approach

The paper in route to access the role of different actors and agencies situated around the incubation process is being executed through the systems of innovation framework. Data have been collected from the secondary sources including government department, ministries and other sources.

Findings

The study besides providing an in-depth analysis of the incubation process in India finds that the process is relatively new in the Indian context and lacks a profound policy for escalating the process of technological incubation. The study also finds that over the years India’s innovation potential has escalated significantly which in a way can be seen as an optimistic result in the growth and development of technology business incubation.

Originality/value

The proposed study is one of the few in this category, especially while analyzing technology business incubation with respect to India. The study also tries to add on literature in the domain of technology incubation especially in the context of India.

Details

World Journal of Science, Technology and Sustainable Development, vol. 15 no. 3
Type: Research Article
ISSN: 2042-5945

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…

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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: 5 July 2021

Charlene L. Nicholls-Nixon and Dave Valliere

Although business incubators are widely used support mechanisms for innovative entrepreneurship, the literature still lacks theoretically based explanations of how the incubation

Abstract

Purpose

Although business incubators are widely used support mechanisms for innovative entrepreneurship, the literature still lacks theoretically based explanations of how the incubation process creates value for stakeholders. This study aims to address this gap by developing a conceptual model, and related research propositions, that explains how the entrepreneurial logic in use by an incubator influences the incubation process (selection criteria and service offering) and performance.

Design/methodology/approach

Integrating the effectuation and entrepreneurial opportunities literature, which shares common conceptualizations about how the predictability of the future affects entrepreneurial action, the authors posit two archetypes of entrepreneurial logic that are associated with different incubation processes (causal or effectual) and two archetypes of opportunity attributes (discovery- or creation-based) that affect the incubation process needed to support their development.

Findings

Juxtaposing these archetypes, the proposed cross-level conceptual model specifies four levels of fit (ideal, surplus, deficit and mismatch) between the incubation process and the opportunity attributes of individual ventures, which directly influence venture performance (high, moderate and low). In turn, an incubator's performance is largely shaped by the overall performance of ventures in its portfolio.

Originality/value

This paper responds to the call for theory-building that links the antecedents and outcomes of the incubation process across levels of analysis. In addition to developing a conceptual model and research agenda at the intersection of entrepreneurship and business incubation, the proposed model also has implications for incubator directors deciding how to allocate limited resources, and for public/private sector administrators interested in leveraging investment in business incubators.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 27 no. 7
Type: Research Article
ISSN: 1355-2554

Keywords

Article
Publication date: 22 August 2019

Bala Subrahmanya Mungila Hillemane, Krishna Satyanarayana and Deepak Chandrashekar

Technology business incubators (TBIs) form an indispensable part of an entrepreneurial ecosystem for the promotion of tech start-ups across the global economy. However, they have…

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Abstract

Purpose

Technology business incubators (TBIs) form an indispensable part of an entrepreneurial ecosystem for the promotion of tech start-ups across the global economy. However, they have evolved in varied forms over a period of time, in terms of typologies, sponsors and stakeholders, goals and objectives, functions and services offered, process of incubation support provided through hard and soft infrastructure, outcomes and achievements and even in terms of theoretical bases. The purpose of this paper, therefore, is to review the extant literature on TBIs to arrive at a framework that explains how TBIs contribute to start-up generation.

Design/methodology/approach

This paper reviews extant empirical literature for a systematic evaluation to throw light on the various dimensions of TBIs: typology, goals and objectives, functions and services, process and provision of incubation support, outcomes and achievements. Further, after critically reviewing some of the theoretical propositions, it develops a conceptual framework combining pre-incubation, incubation and post-incubation processes of TBIs.

Findings

Based on literature understanding and some of the key theoretical constructs, a conceptual framework is developed comprising pre-incubation, incubation and post-incubation stages of start-up formation and graduation. The paper also identifies some prospective areas for future research.

Research limitations/implications

Any empirical research on technology business incubation must focus on pre-incubation and post-incubation processes as much as on the incubation process, to derive meaningful implications and enhance the productivity of TBIs.

Originality/value

The conceptual framework derived out of the systematic literature review will enable further research and exploration of micro-aspects of pre-incubation, incubation and post-incubation phases across multiple dimensions.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 25 no. 7
Type: Research Article
ISSN: 1355-2554

Keywords

Article
Publication date: 27 May 2014

Ali Junaid Ahmad

Following recommendations by scholars for further research on the business incubation process, the purpose of this paper is to build new theory on incubation using the social…

2746

Abstract

Purpose

Following recommendations by scholars for further research on the business incubation process, the purpose of this paper is to build new theory on incubation using the social mechanisms approach – a well-developed body of theory on social processes.

Design/methodology/approach

A critical review of dominant theoretical approaches in the area highlighted that researchers in the past have not studied incubation as a social “process.” In order to study a social process such as incubation, a case is made for the value of social mechanisms theory. In order to study incubation as a social mechanism, an inductive-qualitative research design based on ethnography was used. Data were collected over six months each at two Dublin-Ireland-based business incubators.

Findings

Results highlight the significant role of a positive relational bond between the incubator manager and client entrepreneurs. Incubation is triggered in a sophisticated normative environment under the prevalence of ground rules, subtle signals and the interplay of personal histories. These contribute to the incubation mechanism's non-linearity, thereby, making the prediction of outcomes difficult.

Originality/value

A contribution of this research comes in the form of a new conceptualization of incubation based in mechanisms reasoning. The mechanisms approach was found to be versatile and helped in extending the work of previous researchers who proposed advancements in the area based on dyadic theory, social capital theory and social network theory. Further, a new, and it is argued, more fruitful direction for incubation process-related research is also highlighted; one which takes on board the often glossed over idiosyncrasies of incubation as a social mechanism for promoting early stage entrepreneurship.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 20 no. 4
Type: Research Article
ISSN: 1355-2554

Keywords

Article
Publication date: 27 September 2011

Ali J. Ahmad and Sarah Ingle

The purpose of this paper is to study the nature of the incubator manager (IM)‐client, client‐client and client‐IM‐client relationships that facilitate incubation activity.

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Abstract

Purpose

The purpose of this paper is to study the nature of the incubator manager (IM)‐client, client‐client and client‐IM‐client relationships that facilitate incubation activity.

Design/methodology/approach

A case study methodology was adopted for undertaking the empirical work. The case organization was an Irish Dublin‐based university campus incubator. During the course of the research, which lasted six months, data were collected from high‐technology client firms and the incubator management using semi‐structured interviews, non‐participant observation and corporate documents.

Findings

Incubation is very much dependent on the quality of human relationships and occurs via a process of co‐production in dyads and triads. Without the voluntary and active participation of client firms, the mechanisms that facilitate co‐production break down. There is no one master incubation process, it is comprised of small micro‐processes each with its own norms, dynamic and stages depending on relational quality.

Research limitations/implications

The paper is based on a single case study using a qualitative, inductive and interpretive approach; the aim was analytic rather than statistical generalization, therefore, contributions are made to incubation theory.

Originality/value

The research makes a number of contributions; first, the amount of interaction among the incubation parties has the potential to both positively and negatively impact the overall quality of client experiences; second, levels of interaction and relational quality among a certain category of clients in the same incubator may be higher than others based on industrial affiliation; and third, brokerage behaviour by the IM that facilitates the connection of clients in consortia or links clients individually or in groups to unrelated outside agencies, improves the overall quality of the incubation environment.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 17 no. 6
Type: Research Article
ISSN: 1355-2554

Keywords

Book part
Publication date: 18 February 2013

Ali Ahmad and Sarah Ingle

This chapter places previous incubator-incubation literature within a relevant geographic and policy context, and extracts the reasons for the wide-scale adoption of the incubator…

Abstract

This chapter places previous incubator-incubation literature within a relevant geographic and policy context, and extracts the reasons for the wide-scale adoption of the incubator model as a new venture creation mechanism. Arguments developed highlight that in the flurry of political lobbying during the 1990s–2000s leading to the rapid expansion of incubators-incubation across the European Union (EU), policy makers, practitioners and researchers alike failed to focus on what is key to understanding incubators’ true impact — internal incubation processes. A review of incubator development and impact at the level of two EU member states, Germany and Italy, is presented. This allows for a clearer context-bound sense of the state-of-art in incubator-incubation research to emerge. In turn it becomes possible to clearly highlight the direction of further research in the area where there is a stalemate between two opposing camps — one which has produced evidence to suggest that incubators make a significant difference in reducing start-up risk, and the other, which believes incubators do not give tax payers value-for-money. Structured in this way, this chapter is able to draw attention to the essential ‘missing ingredient’ in previous research which is key to understanding the impact incubators can have. This ingredient is the dynamics of the internal process of incubation.

Details

New Technology-Based Firms in the New Millennium
Type: Book
ISBN: 978-1-78190-315-5

Keywords

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: 1 March 2005

Paul D. Hannon

The primary purpose of this article is to propose a conceptual base from which an appropriate management and leadership development framework for supporting capability building of…

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Abstract

Purpose

The primary purpose of this article is to propose a conceptual base from which an appropriate management and leadership development framework for supporting capability building of professionals and practitioners across the UK incubation community can be built. Furthermore, it provides insights into how such a framework could be applied through an initiative developed in the East Midlands region of the UK.

Design/methodology/approach

A review of the research in this field is summarised as an empirical background to proposing a conceptual framework. The author explores the evolution of incubation and identifies specific models and processes of incubation, as reported elsewhere in the specialist literature. This framework is further explored within the context of its applicability as a tool for building management and leadership development capability.

Findings

The author recognises the lack of published research in this field, despite its importance for enhancing incubation performance outcomes. Three main framework components are drawn from this comprehensive review. Four different learner types are identified, and these form the basis of outline incubation management and leadership development programme options, with differentiated indicative syllabi.

Originality/value

This article reinforces the need for, and has demonstrated the importance of, enhancing human capital capability within professionals and practitioners in the incubation community. The conceptual framework presented in this paper provides a foundation from which learning and development programmes can be provided.

Details

Journal of Small Business and Enterprise Development, vol. 12 no. 1
Type: Research Article
ISSN: 1462-6004

Keywords

Article
Publication date: 1 December 2003

Paul D. Hannon

Focuses attention upon a recent phenomenon promoted by public sector policy and government funding and adopted within the private sector as a vehicle for wealth creation, where…

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Abstract

Focuses attention upon a recent phenomenon promoted by public sector policy and government funding and adopted within the private sector as a vehicle for wealth creation, where wealth can mean the development of different forms of capital such as financial, intellectual and social. Incubators and incubation programmes have established themselves across the globe as part of the enterprise landscape and are achieving substantial growth rates in numbers, with expectations for further growth in the near future. Emphasises the finding of recent studies suggesting that the nature and experience of incubator management and leadership positively affect client perceptions of the value and impact of their incubation experience. In conclusion, there is an emerging demand for greater professionalism within the sector and the role that current national incubation benchmarks may have on supporting management and leadership capability building. Suggests that focusing on management and leadership capability building across the sector is an important policy consideration for government in enhancing the overall performance and effectiveness of the industry.

Details

Education + Training, vol. 45 no. 8/9
Type: Research Article
ISSN: 0040-0912

Keywords

1 – 10 of over 3000