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1 – 10 of over 5000The purpose of this paper is to explain how human resource (HR) managers of incubators can be more effective by applying Relationship focused theory, wherein the HR managers…
Abstract
Purpose
The purpose of this paper is to explain how human resource (HR) managers of incubators can be more effective by applying Relationship focused theory, wherein the HR managers consider the forms of relationships among entrepreneurs. For helping create successful startups, HR managers of incubators can analyze and govern the practice of entrepreneurial action using a relationship-focused (rather than an individual-focused) approach.
Design/methodology/approach
A fourfold typology of relationships is used to explain the utility of relationships for practicing entrepreneurial work in an incubator. HR managers of incubators should consider the forms of relationships among the entrepreneurs that they oversee within incubators.
Findings
Social and task antecedents determine the ideal relationship between budding entrepreneurs, and incubator climate restrains the link between relationships and entrepreneurial outcomes.
Originality/value
Relationship-focused theory is used to explain the manner in which entrepreneurial action can be organized among budding entrepreneurs within incubators. The focus stays on the ‘relationship’ between budding entrepreneurs housed within incubators.
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Hanadi Mubarak AL-Mubaraki and Michael Busler
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…
Abstract
Purpose
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.
Design/methodology/approach
The research methodologies adopted in this study are a mixed-methods approach: quantitative (survey) and qualitative (five international case studies).
Findings
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.
Research limitations/implications
This research focuses on specific lessons. More in-depth research may find additional positive traits.
Practical implications
This research will be of benefit to countries establishing business incubators in order to avoid mistakes and increase the likelihood of success.
Originality/value
This paper contributes to the current literate on the best practices worldwide. Furthermore, it presents future perspectives for academicians and practitioners.
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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…
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.
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The role of incubators in promoting startup growth has received close research attention, but the findings paint a conflicting picture. This study aims to reduce the ambiguity…
Abstract
Purpose
The role of incubators in promoting startup growth has received close research attention, but the findings paint a conflicting picture. This study aims to reduce the ambiguity surrounding incubator impact by exploring how incubators can support startups with business model innovations – a significant growth factor for startups neglected in the incubation literature.
Design/methodology/approach
Using a multiple-case study design, the authors conducted semistructured interviews with incubator directors and startup founders, offering insights into their experiences. The transcripts were coded following the Gioia method.
Findings
This study shows that incubatees are exposed to and struggle with business model innovation. Therefore, this study explores how incubators can support startups in innovating their business models.
Research limitations/implications
This research reveals the importance of addressing the psychological needs of entrepreneurs in incubators. By offering emotional support, incubators can create a positive psychological environment, helping entrepreneurs face fears and challenges. This highlights the human side of entrepreneurship, which has not been considered in the incubation literature.
Practical implications
Incubator directors can strengthen their programmes’ impact by offering tailored support for business model innovation and facilitating network connections. Policymakers should encourage ecosystem collaboration and allocate resources to effective programmes.
Originality/value
This research fills a gap in the incubation literature by emphasizing the significance and need for support for business model innovation. This study also offers original insights into the psychological dimensions of entrepreneurship.
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Fumi 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…
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.
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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…
Abstract
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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