Ahmad, Ali and Ingle, Sarah (2013) Business incubators and HTSF Development : setting an agenda for further research. In: Oakey, Ray and Groan, Aard and Cook, Gary and Van Der Sijde, Peter, (eds.) New Technology-Based Firms in the New Millennium. Emerald Group Publishing Ltd., pp. 119-140. ISBN 9781781903155

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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.

Item Type:	Book Item
Divisions:	Faculty of Science, Engineering and Medicine > Engineering > WMG (Formerly the Warwick Manufacturing Group)
Publisher:	Emerald Group Publishing Ltd.
ISBN:	9781781903155
ISSN:	1876-0228
Book Title:	New Technology-Based Firms in the New Millennium
Editor:	Oakey, Ray and Groan, Aard and Cook, Gary and Van Der Sijde, Peter
Official Date:	2013
Dates:	Date Event 2013 Published
Volume:	10
Page Range:	pp. 119-140
DOI:	10.1108/S1876-0228(2013)0000010009
Status:	Peer Reviewed
Publication Status:	Published

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