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Article
Publication date: 9 July 2018

Nadzeya Kuryan, Mohammad Saud Khan and Veronika Gustafsson

This paper aims to analyze born globals and business incubators from an empirical standpoint. Particularly, the role of business incubators in the emergence and development of…

Abstract

Purpose

This paper aims to analyze born globals and business incubators from an empirical standpoint. Particularly, the role of business incubators in the emergence and development of born global firms is focused, thereby outlining the significance of incubator influence on rapid internationalization.

Design/methodology/approach

Based on extant literature on born globals, business incubators and their interrelationship that nurtures internationalization, a theoretical model is developed and empirically tested to analyze potential born globals residing in business incubators.

Findings

Due to services provided, such as infrastructure, business support and networking, business incubators create a favorable environment for rapid internationalization of their tenants. However, the initiative to go international comes from the incubatees, and the motivating role of business incubators in this process is fairly insignificant.

Originality/value

The incubator-incubation phenomenon is notably under-researched, with most of the literature focusing on “incubator topics.” This relationship is extremely important to understand to choose appropriate political measures and orchestrate effective management of business incubators.

Details

International Journal of Organizational Analysis, vol. 26 no. 3
Type: Research Article
ISSN: 1934-8835

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…

2027

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

Article
Publication date: 6 February 2017

Jong-Wen Wann, Ta-Jung Lu, Ina Lozada and Guillermo Cangahuala

The purpose of this paper is to understand the existing incubation practices and to develop suggestions for other incubations programs’ practitioners, by developing a benchmark…

1755

Abstract

Purpose

The purpose of this paper is to understand the existing incubation practices and to develop suggestions for other incubations programs’ practitioners, by developing a benchmark study of outstanding Taiwanese university-based incubators (UBIs).

Design/methodology/approach

This research result is based on the methodology for generating a benchmarking from six outstanding Taiwanese UBIs and for other business incubators around the world.

Findings

According to this research result, the authors propose eight key performance indicators (KPIs): three for setting up and operating UBIs and five for incubator functions and services. Among those eight KPIs, the average set-up cost is US$595,000; the average number of incubatees is 22; the length of tenancy is four years; and the growth in incubatees’ turnover is around 15 percent.

Research limitations/implications

Even the samples were outstanding UBIs in Taiwan; for future research, this approach might be applied to a bigger number of incubation centers or UBIs.

Practical implications

Many countries or areas still lack experience in setting up and running business incubators; therefore, practical advices for the managers are crucial for the success of these business incubators, and this benchmarking methodology can be applicable in some of those cases.

Originality/value

The benchmarking methodology for setting up the values of each KPI and the evaluation approach.

Details

Benchmarking: An International Journal, vol. 24 no. 1
Type: Research Article
ISSN: 1463-5771

Keywords

Article
Publication date: 12 October 2015

Luisa Margarida Cagica Carvalho and Simone Vasconcelos Galina

The purpose of this paper is to present a comparative study about features, services and networks offered by business incubators (BI) to encourage start-ups development in…

1306

Abstract

Purpose

The purpose of this paper is to present a comparative study about features, services and networks offered by business incubators (BI) to encourage start-ups development in Portugal and Brazil. Recently, these countries have revealed several cases of well-developed entrepreneurial ecosystems and Brazil receive a special position on Latin America; besides comparative studies between European and Latin American countries are scarce.

Design/methodology/approach

This study uses a qualitative research methodology to study the role of BI in creation and growing of start-ups in Portugal and Brazil.

Findings

The results do not reveal particular differences between Brazilian and Portuguese BI, except in international profile of tenants; in Portugal, probably due the market size, most of the firms born global or intend to internationalize.

Research limitations/implications

The BI results depend on the wide services provided, networking platforms and support provided by BI staff individually to their tenants. These remarks provide some clues to develop public policies suitable to entrepreneurial ecosystems.

Originality/value

BI have a special role on supporting start-ups creation and growth and to provide technology transfer. They are also considered as a key element to guarantee entrepreneurial ecosystems in a regional level, this research provide some contributes based on a case study with eight interviews in Portugal and Brazil, and compare for the first time these two countries with similar culture but with different levels of development.

Details

World Journal of Entrepreneurship, Management and Sustainable Development, vol. 11 no. 4
Type: Research Article
ISSN: 2042-5961

Keywords

Open Access
Article
Publication date: 9 November 2020

Geraldine Kennett, Ling Hu, Alex Maritz and He Sun

This study explores the different learning practices of Chinese incubators in Chongqing and Chengdu and delves into how these “learning huddles” influence incubatees' absorptive…

1036

Abstract

Purpose

This study explores the different learning practices of Chinese incubators in Chongqing and Chengdu and delves into how these “learning huddles” influence incubatees' absorptive capacity (the ability to apply knowledge) to improve their chance of success (sustainable growth).

Design/methodology/approach

This explorative study uses a qualitative case study approach by means of semi-structured interviews with business incubation managers and incubatees across three business incubators in Chengdu and Chongqing. The data are transcribed, coded and analyzed using an analytic map for the explanation of building and reflecting on the theoretical propositions, leading to a further understanding of the “learning huddle” mechanism.

Findings

The study finds that incubatees perceive that their absorptive capacity is increased through vicarious informal learning practices that promote access to networks and thereby builds social capital to improve their likelihood of success.

Research limitations/implications

This study has limitations in sample size and design. The explorative case study approach uses a nonrandom case selection of three incubators in Chongqing and Chengdu and has a limited number of interviewees, which may lack representation of the general Chinese business incubation population and may not sufficiently be generalized beyond the sample itself.

Practical implications

These findings have important implications for business incubation programs. Business incubators that build learning huddles (networks) create a nurturing shared learning environment, which is suitable for incubatees to collectively absorb knowledge at the early stage of their life cycle and improve their likelihood of sustainable growth.

Social implications

Since this study is limited to a Chinese context, it is also hoped that future researchers use the typology of business incubator learning practices to explore cross-culture variables, as these may influence the business incubation operations and performance.

Originality/value

This study adds to the discussion on how collective learning practices facilitate absorptive capacity and build social capital, which in turn improves incubatees' chance of sustainable growth and as such the authors hope that the learning practice's typology and how incubatees determine their success stimulates further research for measuring the likelihood of incubatees sustainable growth.

Details

Journal of Industry-University Collaboration, vol. 2 no. 3
Type: Research Article
ISSN: 2631-357X

Keywords

Article
Publication date: 18 March 2019

Aki Harima, Julia Freudenberg and Jantje Halberstadt

The purpose of this paper is to conceptualize business incubators and their support for entrepreneurial refugees. While the number of initiatives supporting refugees’…

Abstract

Purpose

The purpose of this paper is to conceptualize business incubators and their support for entrepreneurial refugees. While the number of initiatives supporting refugees’ entrepreneurial activities has increased in recent years, we still know little about how they differ from other types of business incubators.

Design/methodology/approach

This case study investigates a business incubator in Hamburg, Germany, targeting enterprising refugees. For this paper, 14 in-depth interviews with program participants and incubation managers were conducted.

Findings

This paper inductively derives five functional domains of refugee business incubators: providing structured entrepreneurial knowledge; alleviating anxiety related to institutional differences; guiding through the process at the incubator and motivating participants; understanding and tapping into social capital in the host country; and providing soft support concerning personal matters. The findings show that business incubators could and possibly should address specific needs of refugees and that there is much room for improvement. This study suggests that the five domains listed above represent key characteristics that distinguish refugee business incubators from traditional business incubators.

Practical implications

This paper offers valuable practical insights for refugee business incubators, which need to consider and develop functional domains listed above. Because these kinds of incubators are a fairly recent phenomenon, there is a general lack of and need for blueprints. The findings of this paper suggest that business incubators could integrate and support entrepreneurial refugees provided that they consider the five functional domains identified here. The findings also provide evidence that entrepreneurship can be a possible means of vocational integration for refugees and one way of institutions and policy-makers in host country seeking to support refugees’ entrepreneurial activities, for example, by developing or subsidizing business incubators targeting refugees.

Originality/value

This paper’s contributions are twofold. First, this paper addresses a gap in the literature on refugee entrepreneurship by providing insights concerning the important role of support institutions. Second, this paper conceptualizes business incubators for enterprising refugees as a distinctive type of business incubators. This paper has, however, some limitations. Because it only considered a relatively small number of refugee entrepreneurs, it is difficult to generalize the findings. The cross-cultural setting of the empirical study, with its potential for linguistic and cultural misunderstandings, may have affected the results.

Details

Journal of Enterprising Communities: People and Places in the Global Economy, vol. 14 no. 5
Type: Research Article
ISSN: 1750-6204

Keywords

Article
Publication date: 4 December 2020

Susanne Gretzinger, Anna Marie Dyhr Ulrich, Svend Hollensen and Birgit Leick

This paper aims to discuss business incubation to enter foreign markets in Brazil, Russia, India and China (BRIC) countries through the lens of an “international business…

Abstract

Purpose

This paper aims to discuss business incubation to enter foreign markets in Brazil, Russia, India and China (BRIC) countries through the lens of an “international business incubator” (IBI). International market expansion offers huge opportunities for companies to increase their revenue, but there are also challenging tasks such as the establishment of a business company and the occupation of a strategic position abroad. Practitioners consider this process as the act of incubation, but the theoretical discussion lags behind the practice-led debate.

Design/methodology/approach

An illustrative, and theory-led, case study is presented that describes market expansion to BRIC countries through a network-based IBI. The empirical case is an illustrative Danish company with international operations in BRIC countries both with and without an IBI.

Findings

International business incubation represents a process, which can be influenced through an IBI, and business networking during foreign market entry is shaped by IBI brokerage (bridging, bonding and protecting) in different phases. IBI activities that are embedded in business networking support a company’s endeavours in getting a foothold and acquiring a strategic position in BRIC markets and facilitates the market penetration.

Research limitations/implications

The IBI’s activities to enter foreign markets should be thoroughly managed. Further studies should be conducted with cross-case comparisons and larger samples to reflect on the propositions established.

Originality/value

By linking the business networking theory with the practice-led understanding of business incubation, the study explores an under-conceptualised topic for international business and entrepreneurship scholars. The paper offers an initial understanding of how brokerage interacts with incubation during the entry of new markets.

Details

Journal of Business & Industrial Marketing, vol. 36 no. 11
Type: Research Article
ISSN: 0885-8624

Keywords

Article
Publication date: 1 April 2014

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…

1426

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.

Details

World Journal of Science, Technology and Sustainable Development, vol. 11 no. 1
Type: Research Article
ISSN: 2042-5945

Keywords

Article
Publication date: 1 September 2010

Hanadi Mubarak Al‐Mubaraki and Michael Busler

Purpose: To identify the strengths, weaknesses, opportunities and threats of business incubator models and their potential use in worldwide. Methodology: We studied two…

1707

Abstract

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.

Details

World Journal of Entrepreneurship, Management and Sustainable Development, vol. 6 no. 4
Type: Research Article
ISSN: 2042-5961

Keywords

Article
Publication date: 3 April 2018

Davide Di Fatta, Francesco Caputo and Gandolfo Dominici

Analyzing the entrepreneurial ecosystem related to the ARCA consortium, the purpose of this paper is to study the relationships among the start-up firms inside an incubator.

Abstract

Purpose

Analyzing the entrepreneurial ecosystem related to the ARCA consortium, the purpose of this paper is to study the relationships among the start-up firms inside an incubator.

Design/methodology/approach

Thanks to the adoption of the relationships concentric model and the density concentric model, the paper highlights the role of relational conditions for innovative projects in partnership among the incubated firms. Reflections herein are tested via a qualitative research approach based on a single case study: the ARCA consortium.

Findings

This research found that about 32 percent of relationships inside the incubator support the emergence of short-term relationships among the incubated firms. Furthermore, about 18 percent of the relationships support the emergence of strong collaborative strategies for the implementation of long-term relationships resulting in innovative pathways: innovative projects in partnership.

Originality/value

The most interconnected firms inside the incubator are those that play a central role also in the innovation pathway developing the higher number of innovative project in partnership. This finding emphasizes a correlation between collaborative relationships and innovation inside an incubator ecosystem.

Details

European Journal of Innovation Management, vol. 21 no. 4
Type: Research Article
ISSN: 1460-1060

Keywords

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