Technology Business Incubators as Engines of Growth: Towards a Distinction Between Technology Incubators and Non-Technology Incubators

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dc.contributor.authorRatinho, Tiago
dc.contributor.authorHarms, Rainer
dc.contributor.authorGroen, Aard J.
dc.date.accessioned2017-09-19T18:46:05Z
dc.date.available2017-09-19T18:46:05Z
dc.date.issued2009
dc.description.abstractBusiness incubators are an increasingly popular tool for promoting job and wealth creation. Yet given the heterogeneity of incubation models, it is not always clear how incubators operate, what their main characteristics are and how can they best contribute to job and wealth creation. If technology is central in promoting economic growth and new firm creation the crucial mechanism in transferring new knowledge to markets, then technology incubators have the biggest potential to contribute to economic growth. We define technology incubators by their strategic choices in terms of mission, linkages to universities and geographical location. We investigate their nature by comparing the levels of business services provision, selection criteria, exit policy and tenants’ characteristics. Our sample includes 12 incubators located in six Northwestern European countries and a total of 101 incubated companies. Data were collected in both incubators and among their tenants. Results show that technology incubators provide more tenants with their services, select younger companies and practice stricter exit policies. Additionally, they tend to attract more experienced teams of entrepreneurs. Our main contribution is a better understanding of the technology incubators impact against the remainder population of business incubators. We speculate that incubators not focussed in incubating technology might not be contributing to company creation at all. Further, the low levels of service provision are both a product and a consequence of slack selection criteria and weak exit policies. Finally, we discuss the implications of our findings to business incubator managers, policy makers and prospective tenants.en_US
dc.format.extent19 pagesen_US
dc.genrejournal articlesen_US
dc.identifierdoi:10.13016/M2N00ZT8R
dc.identifier.citationRatinho, T., Harms, R., & Groen, A. J. (2010). Technology Business Incubators as Engines of Growth: Towards a Distinction Between Technology Incubators and Non-Technology Incubators. In J. Langan Fox (Ed.), 7th International AGSE Entrepreneurship Research Exchange. Melbourne, Australia: Swinburne University of Technology, 1-19.en_US
dc.identifier.urihttp://hdl.handle.net/11603/5397
dc.language.isoen_USen_US
dc.publisherSwinburne University of Technologyen_US
dc.relation.isAvailableAtUniversity of Baltimore
dc.subjecteconomic growthen_US
dc.subjectentrepreneurshipen_US
dc.subjectentrepreneursen_US
dc.subjectbusiness incubatorsen_US
dc.subjecttechnology incubationen_US
dc.subjectbusiness supporten_US
dc.titleTechnology Business Incubators as Engines of Growth: Towards a Distinction Between Technology Incubators and Non-Technology Incubatorsen_US
dc.typeTexten_US

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