Online from: 1988
|Title:||Incubator best practice: a framework|
|Author(s):||Bergek A, Norrman C|
|Journal:||Technovation, Jan 2008, Volume: 28 Issue: 1 pp.20-28 (9 pages)|
|Keywords:||Classification Schemes, Comparative Tests, Incubators, Organizational Performance, Start-ups, Strategy|
|Article type:||Research paper|
|Reference:||37AF806 (Permanent URL)|
Design/methodology/approach - Views incubators as organizations that provide joint location, services, business support, networks to start-ups. Overviews some incubator performance studies. Declares a theoretical basis for general performance evaluation and best practice identification is absent. Addresses this by developing a performance evaluation framework concerning start-up selection (winner picking and survivability factors), business support (ranging from intervention to laissez-faire) and network and institutional mediation capability (between incubators and other parties). Applies it to 16 Swedish incubators supported by the VINNKUBATOR programme.
Findings - Concludes incubators do: operate survivability and pick-the winner strategies; employ three forms of business support (minor intervention, major intervention, stepwise intervention) and operate one of three main mediation strategies (technological, regional, and cluster/local). Thinks the framework does identify incubators of different types and could be used for incubator performance analysis e.g. determining best practice using suitable outcome indicators.
Research limitations/implications - Presents several questions for further study.
Practical implications - Posits that incubator models have to be designed to suit their intended goal and surrounding context.
Originality/value - Identifies an incubator performance evaluation framework that categorizes incubator performance.