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1 – 10 of over 1000Fumi Kitagawa and Susan Robertson
This chapter examines the processes of entrepreneurial network and capital formation at a university-based incubator. Incubators could help overcome start-up firms to gain access…
Abstract
This chapter examines the processes of entrepreneurial network and capital formation at a university-based incubator. Incubators could help overcome start-up firms to gain access to entrepreneurial networks and credibility with external stakeholders, by supporting the entrepreneurial processes including the acquisition of variety of capitals and resources. However, the actual evidence on the effectiveness of incubators as a policy tool for business support has been rather contested. This chapter makes a contribution to the entrepreneurship literature by addressing the underlying processes of incubation as a key factor critical to achieve accelerated firm growth at the university-based technology incubator. Drawing on interviews and survey of start-up firms at a university-based incubator, co-evolution of business models with capital mobilisation and re-combination of resources is illustrated. The chapter concludes by arguing that more detailed processes and trajectories of ‘soft starter’ business model would contribute to the understanding and development of policy support for entrepreneurial processes.
Paul Ingram, Jiao Luo and Joseph P. Eshun
It is now widely accepted that the institutional interventions of states are a foundational influence on the dynamics of organizational forms. But why do states act? In this…
Abstract
It is now widely accepted that the institutional interventions of states are a foundational influence on the dynamics of organizational forms. But why do states act? In this chapter, we apply the behavioral theory of the firm to develop an explanation of state actions based on the fact that they are boundedly rational rivals. The instrument of state competition we examine is the founding of business incubators, a primary tool in the entrepreneurial strategy of economic development. We predict that business incubators are more likely to be founded in a state when (1) the state falls behind comparable states in the indicators of economic development; (2) the state falls behind its own historical trajectories of economic development; (3) the state has slack resources in the form of budget surpluses; (4) comparable and rival states adopt incubators as a development strategy. Our analysis of incubator foundings in New York, New Jersey, and Pennsylvania throughout 1980–2004 supports all of these propositions.
Carolin Jürgens, Anorth Ramalingam, Roch Zarembski, Aki Harima and Tenzin Yeshi
The world is currently facing one of the most significant refugee crises in history, posing challenges to policymakers in host countries needing to facilitate socio-economic…
Abstract
The world is currently facing one of the most significant refugee crises in history, posing challenges to policymakers in host countries needing to facilitate socio-economic integration of refugees urgently. Policymakers and scholars have started shedding light on the entrepreneurial potential of refugees. Refugees confront considerable institutional barriers in their new environments. Particularly challenging is that they lose connection to their home country ecosystem through forced displacement and are not yet well-embedded in the local entrepreneurial ecosystem of the host country. The disconnection to the local ecosystem hinders refugees from accessing various resources essential to entrepreneurial activities. Against this background, this chapter illuminates the role of business incubators in integrating refugee entrepreneurs into the local entrepreneurial ecosystem, paying particular attention to relational dynamics within incubators. This study conducts explorative qualitative research with a single case study of a German business incubator for refugees. This study identifies three types of relational dynamics that characterise operation of refugee business incubators and two mechanisms constructive and descriptive to their mission. Finally, this study derives practical implications for refugee business incubators and policymakers in refugee-hosting countries.
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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…
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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.
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Victor P. Seidel, Kelley A. Packalen and Siobhan O’Mahony
Scholars have studied how entrepreneurs acquire resources but have not examined how resources may be bundled with constraints, which can threaten entrepreneurial autonomy…
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Scholars have studied how entrepreneurs acquire resources but have not examined how resources may be bundled with constraints, which can threaten entrepreneurial autonomy. Organizational sponsors, such as incubators and accelerators, provide entrepreneurs with resources, but how do entrepreneurs sustain autonomy while seeking resources and support? We studied five entrepreneurial firms in a business incubator over a six-month period. While benefitting from incubator resources, entrepreneurs also experienced unexpected constraints, including mentor role conflict, gatekeeper control, and affiliation dissonance. By showing how entrepreneurs unbundled the incubator’s resources from constraints, we explain how entrepreneurs manage the tension between acquiring resources and preserving autonomy.
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Ângela Gonçalves, Dina Pereira, João Leitão and Maria del Mar Fuentes
This chapter uses an intellectual capital (IC) qualitative approach for assessing the bio health technologies entrepreneurial ecosystem of a university located in Southern Europe…
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This chapter uses an intellectual capital (IC) qualitative approach for assessing the bio health technologies entrepreneurial ecosystem of a university located in Southern Europe, aiming to identify the role played by IC in fostering the sustainable success of the entrepreneurial ecosystem. There has been limited research dedicated to deepening the knowledge of the entrepreneurial ecosystems’ dimensions, using an IC lens, in the context of university cities with different dimensions. Small cities may not have some dimensions, so developed, comparing with the ones of the ecosystems of large urban centers. This chapter uses a qualitative approach funded in a case study exploring internal and external stakeholders of a Portuguese entrepreneurial ecosystem, UBImedical, targeted at the bio health sector. The study is part of an exploratory study funded in the scope of a European Project, aiming to explore in a pioneering way the application of the dominant triad of capitals forming IC and, thus, identifying and understanding the dimensions of different entrepreneurial ecosystems. The case study reveals that the IC’s dimensions more critical for the success of the bio health entrepreneurial ecosystems are the structural capital and the relational capital, although human capital is perceived as a basic prerequisite for fostering the entrepreneurial ecosystem’s performance. The results are funded in primary and qualitative data collected from the interviews developed to previously identified external and internal stakeholders of this type of entrepreneurial ecosystem under study.
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Alejandro S. Amezcua, Sheela Pandey and Nastaran Simarasl
Institutional support at local, state, and national levels, including the services offered by business incubators, impacts women entrepreneurs’ venture creation and success. Yet…
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Institutional support at local, state, and national levels, including the services offered by business incubators, impacts women entrepreneurs’ venture creation and success. Yet, our understanding about the influence of an incubator’s attributes on women entrepreneurship remains limited. In this chapter, we develop a framework to analyze how incubator attributes encourage women’s entrepreneurship in the USA. We begin by discussing how homophily and signaling theories can help us understand whether incubators are using inclusive practices. Then, we draw a sample of 30 Impact Award winners from the International Business Incubation Association (InBIA), a global association of incubators, and we use three sources of data for our analysis and conclusions: incubator features and demographics, mission statements, and media coverage from Nexis Uni. Based on our findings, we find low levels of gender inclusive practices among the most impactful business incubators. We conclude by offering suggested practices to make business incubators more inclusive of women entrepreneurs.
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