Hardback
Handbook of Research on Business and Technology Incubation and Acceleration
A Global Perspective
9781788974776 Edward Elgar Publishing
This pioneering work explores both the theory and practice of business and technology incubation over the past six decades as an approach to new venture creation and development. With a global scope, the Handbook examines key concepts, models, and mechanisms, providing a research-based analytical foundation from which to understand the emerging role of modern incubation tools in building entrepreneurship ecosystems for promoting targeted economic development.
More Information
Critical Acclaim
Contributors
Contents
More Information
This pioneering work explores both the theory and practice of business and technology incubation and acceleration over the past six decades as an approach to new venture creation and development. With a global scope, the Handbook examines incubation concepts, models, and mechanisms, providing a research-based analytical foundation from which to understand the emerging role of modern incubators, accelerators, science parks, and related support tools in building modern entrepreneurship ecosystems for promoting targeted economic development.
Featuring contributions from internationally renowned scholars and practitioners, the Handbook covers four major themes: understanding incubation and acceleration; incubation mechanisms and entrepreneurship ecosystem development; national and regional incubation policy studies; and incubation practice and assessment. Chapters investigate the expanding importance of newer models and novel modes of new venture support such as smart launching through focused training, mentoring, and financing.
This Handbook will help to equip policy makers, facility and program managers, investors, and entrepreneurs with the knowledge to handle support for future business and technology ventures more confidently and effectively. It also provides a deeper understanding of the incubation approach for researchers and scholars of entrepreneurship, innovation, and economic development.
Featuring contributions from internationally renowned scholars and practitioners, the Handbook covers four major themes: understanding incubation and acceleration; incubation mechanisms and entrepreneurship ecosystem development; national and regional incubation policy studies; and incubation practice and assessment. Chapters investigate the expanding importance of newer models and novel modes of new venture support such as smart launching through focused training, mentoring, and financing.
This Handbook will help to equip policy makers, facility and program managers, investors, and entrepreneurs with the knowledge to handle support for future business and technology ventures more confidently and effectively. It also provides a deeper understanding of the incubation approach for researchers and scholars of entrepreneurship, innovation, and economic development.
Critical Acclaim
‘The Handbook provides a good and accessible overview on how to deliver better incubation and acceleration services, whilst debunking some myths along the way.’
– Monika Radclyffe, Centre for Entrepreneurs
‘Exceptionally well organized and presented, the Handbook of Research on Business and Technology Incubation and Acceleration is deftly organized into four major sections. Ideal as a curriculum textbook on the subject, the book is especially and unreservedly recommended for personal, professional, corporate, college and university library collections.’
– John Burroughs, Midwest Book Review
‘A comprehensive, comparative and illuminating Handbook of incubation and related entrepreneurial enhancement support structures edited and written by the leading international authorities on innovation.’
– Henry Etzkowitz, International Triple Helix Institute, US
‘This is a timely and important Handbook of the best research on property-based institutions engaged in promoting innovation and entrepreneurship. The editors, who have written seminal papers on these issues, have produced a lucid and insightful book. A “must-read” for academics and policymakers who study and manage these institutions.’
– Donald Siegel, Arizona State University, US
– Monika Radclyffe, Centre for Entrepreneurs
‘Exceptionally well organized and presented, the Handbook of Research on Business and Technology Incubation and Acceleration is deftly organized into four major sections. Ideal as a curriculum textbook on the subject, the book is especially and unreservedly recommended for personal, professional, corporate, college and university library collections.’
– John Burroughs, Midwest Book Review
‘A comprehensive, comparative and illuminating Handbook of incubation and related entrepreneurial enhancement support structures edited and written by the leading international authorities on innovation.’
– Henry Etzkowitz, International Triple Helix Institute, US
‘This is a timely and important Handbook of the best research on property-based institutions engaged in promoting innovation and entrepreneurship. The editors, who have written seminal papers on these issues, have produced a lucid and insightful book. A “must-read” for academics and policymakers who study and manage these institutions.’
– Donald Siegel, Arizona State University, US
Contributors
Contributors: L. Aaboen, T. Aadland, A.J. Ahmad, A. Albahari, N. Ali, W.J. Aloulou, D.B. Audretsch, C. Bakkali, J. Berbegal-Mirabent, D. Bienkowska, M. Bliemel, J. Braet, B. Clarysse, S. D’Alessandro, S.H. De Cleyn, M. D’Eredita, S. de Klerk, K. Djupdal, C. Eldering, H. Etzkowitz, K. Fichter, A. Figlioli, R. Flores, N. Fukugawa, M. Guerrero, D.H. Haneberg, G. Harrison, S.Z. Hassan, J.P. Hausberg, D. Hochman, W. Hulsink, K. Hurrelmann, M. Klofsten, M. Knockaert, S. Korreck, W. Lamine, M. Lavigne, L. Lecluyse, H. Löfsten, K. Messeghem, J. Meysman, S.A. Mian, M.P. Miles, F. Miralles, M. Mitsopoulos, E. Noyes, C. Pavani, J.M. Pique, S.O. Pires, G.A. Plonski, S. Qureshi, T. Ratinho, M.P. Rice, S. Sammut, S. Sharma, V. Slagsvold Øien, D. Soetanto, R. Sørheim, A. Swalhi, J. Thiel, J. Van hove, N. Vohra, C. Wang, L. Xiao, Z. Xu
Contents
Contents:
List of contributors ix
Foreword by David B. Audretsch xvi
Introduction to the Handbook of Research on Business and Technology Incubation
and Acceleration 1
Sarfraz A. Mian, Magnus Klofsten and Wadid Lamine
PART I UNDERSTANDING INCUBATION AND ACCELERATION
1 Whither modern business incubation? Definitions, evolution, theory, and
evaluation 17
Sarfraz A. Mian
2 Business incubators and accelerators: a co-citation analysis-based,
systematic literature review 39
J. Piet Hausberg and Sabrina Korreck
3 The movement from incubator to incubation in the entrepreneurial
university: past, present and future 64
Henry Etzkowitz
4 Fiddling around with the startup engine: exploring acceleration patterns in
technology
ventures 79
Jonas Van hove, Jana Thiel and Bart Clarysse
5 The logic behind science and technology parks 97
Alberto Albahari
PART II INCUBATION MECHANISMS AND ENTREPRENEURSHIP
ECOSYSTEM DEVELOPMENT
6 Incubators as catalysts in entrepreneurship ecosystems 111
Mark P. Rice and Erik Noyes
7 Business incubators within entrepreneurial ecosystems: sustainability
aspects of new venture support and development 124
Magnus Klofsten and Dzamila Bienkowska
8 The role of modern urban science parks in developing entrepreneurship and
innovation ecosystems 140
Josep Miquel Pique, Aline Figlioli, Francesc Miralles and
Jasmina Berbegal-Mirabent
9 Incubation with space – space for incubation: the European Space Agency’s
network of business incubation centers 160
Cornelis Eldering and Willem Hulsink
10 Incubating high-growth technology firms through venture development
organizations:
an overview of the US and the case study of Launch NY 176
Marnie LaVigne
11 Incubators as centers of collaboration and alignment in resource
constrained regions 198
Nasir Ali and Michael D’Eredita
PART III NATIONAL/REGIONAL INCUBATION POLICY STUDIES
12 Science parks in Europe: a comparison of science park characteristics
and activities in Belgium, Spain and Denmark 212
Laura Lecluyse and Mirjam Knockaert
13 Emergence and development of entrepreneurship and innovation
intermediaries: the case of business incubators in Japan 230
Nobuya Fukugawa
14 The role of technology business incubation in supporting innovative
start-ups in China 246
Li Xiao , Cunjun Wang and Zhi Xu
15 Indian business incubation ecosystem: a multilevel analysis 260
Supriya Sharma and Neharika Vohra
16 Business incubation and acceleration in Pakistan: an entrepreneurship
ecosystem development approach 280
Shahid Qureshi, Syed Zahoor Hassan and Sarfraz A. Mian
17 New forms of entrepreneurship support in a growing entrepreneurial
ecosystem: the case of business incubation in Greece 299
Tiago Ratinho and Michael Mitsopoulos
18 The development and practice of incubation mechanisms in Brazil 316
Guilherme Ary Plonski, Claudia Pavani and Sheila Oliveira Pires
19 The role of incubators and accelerators in the Latin American
entrepreneurship and innovation ecosystems 335
Maribel Guerrero
20 Mapping incubation mechanisms in Saudi Arabia: the state of the
art and challenges for the future 351
Wassim J. Aloulou
21 Do government incubation efforts pay off ? The development of a
quantitative efficiency assessment model 367
Jasmine Meysman, Sven H. De Cleyn and Johan Braet
22 Business incubation in New York State: last decade of changes,
emerging models, and future directions 386
David Hochman
PART IV INCUBATION PRACTICE AND ASSESSMENT
23 Tenant recruitment at university incubators: a selection conundrum 402
Ali J. Ahmad
24 The selection strategy or the incubation process: what matters most? 414
Chaffik Bakkali, Karim Messeghem, Sylvie Sammut and Abdelaziz Swalhi
25 Do networked incubators matter? The impact of entrepreneurial networks
on firms’ performance 426
Danny Soetanto and Magnus Klofsten
26 The importance of time in a university student venture incubator 446
Lise Aaboen, Kari Djupdal, Dag Håkon Haneberg, Vetle Slagsvold Øien,
Torgeir Aadland and Roger Sørheim
27 The value of mentors in incubation and acceleration: a managerial
perspective 464
Martin Bliemel, Steven D’Alessandro, Saskia de Klerk, Ricardo Flores,
Geoff Harrison and Morgan P. Miles
28 Sustainability-oriented business incubation: framing and supporting
sustainable entrepreneurship 478
Klaus Fichter and Karsten Hurrelmann
29 Firm characteristics and internal and external dimensions: differences
between incubatees and non-incubator firms in Sweden 496
Hans Löfsten
Index 513
List of contributors ix
Foreword by David B. Audretsch xvi
Introduction to the Handbook of Research on Business and Technology Incubation
and Acceleration 1
Sarfraz A. Mian, Magnus Klofsten and Wadid Lamine
PART I UNDERSTANDING INCUBATION AND ACCELERATION
1 Whither modern business incubation? Definitions, evolution, theory, and
evaluation 17
Sarfraz A. Mian
2 Business incubators and accelerators: a co-citation analysis-based,
systematic literature review 39
J. Piet Hausberg and Sabrina Korreck
3 The movement from incubator to incubation in the entrepreneurial
university: past, present and future 64
Henry Etzkowitz
4 Fiddling around with the startup engine: exploring acceleration patterns in
technology
ventures 79
Jonas Van hove, Jana Thiel and Bart Clarysse
5 The logic behind science and technology parks 97
Alberto Albahari
PART II INCUBATION MECHANISMS AND ENTREPRENEURSHIP
ECOSYSTEM DEVELOPMENT
6 Incubators as catalysts in entrepreneurship ecosystems 111
Mark P. Rice and Erik Noyes
7 Business incubators within entrepreneurial ecosystems: sustainability
aspects of new venture support and development 124
Magnus Klofsten and Dzamila Bienkowska
8 The role of modern urban science parks in developing entrepreneurship and
innovation ecosystems 140
Josep Miquel Pique, Aline Figlioli, Francesc Miralles and
Jasmina Berbegal-Mirabent
9 Incubation with space – space for incubation: the European Space Agency’s
network of business incubation centers 160
Cornelis Eldering and Willem Hulsink
10 Incubating high-growth technology firms through venture development
organizations:
an overview of the US and the case study of Launch NY 176
Marnie LaVigne
11 Incubators as centers of collaboration and alignment in resource
constrained regions 198
Nasir Ali and Michael D’Eredita
PART III NATIONAL/REGIONAL INCUBATION POLICY STUDIES
12 Science parks in Europe: a comparison of science park characteristics
and activities in Belgium, Spain and Denmark 212
Laura Lecluyse and Mirjam Knockaert
13 Emergence and development of entrepreneurship and innovation
intermediaries: the case of business incubators in Japan 230
Nobuya Fukugawa
14 The role of technology business incubation in supporting innovative
start-ups in China 246
Li Xiao , Cunjun Wang and Zhi Xu
15 Indian business incubation ecosystem: a multilevel analysis 260
Supriya Sharma and Neharika Vohra
16 Business incubation and acceleration in Pakistan: an entrepreneurship
ecosystem development approach 280
Shahid Qureshi, Syed Zahoor Hassan and Sarfraz A. Mian
17 New forms of entrepreneurship support in a growing entrepreneurial
ecosystem: the case of business incubation in Greece 299
Tiago Ratinho and Michael Mitsopoulos
18 The development and practice of incubation mechanisms in Brazil 316
Guilherme Ary Plonski, Claudia Pavani and Sheila Oliveira Pires
19 The role of incubators and accelerators in the Latin American
entrepreneurship and innovation ecosystems 335
Maribel Guerrero
20 Mapping incubation mechanisms in Saudi Arabia: the state of the
art and challenges for the future 351
Wassim J. Aloulou
21 Do government incubation efforts pay off ? The development of a
quantitative efficiency assessment model 367
Jasmine Meysman, Sven H. De Cleyn and Johan Braet
22 Business incubation in New York State: last decade of changes,
emerging models, and future directions 386
David Hochman
PART IV INCUBATION PRACTICE AND ASSESSMENT
23 Tenant recruitment at university incubators: a selection conundrum 402
Ali J. Ahmad
24 The selection strategy or the incubation process: what matters most? 414
Chaffik Bakkali, Karim Messeghem, Sylvie Sammut and Abdelaziz Swalhi
25 Do networked incubators matter? The impact of entrepreneurial networks
on firms’ performance 426
Danny Soetanto and Magnus Klofsten
26 The importance of time in a university student venture incubator 446
Lise Aaboen, Kari Djupdal, Dag Håkon Haneberg, Vetle Slagsvold Øien,
Torgeir Aadland and Roger Sørheim
27 The value of mentors in incubation and acceleration: a managerial
perspective 464
Martin Bliemel, Steven D’Alessandro, Saskia de Klerk, Ricardo Flores,
Geoff Harrison and Morgan P. Miles
28 Sustainability-oriented business incubation: framing and supporting
sustainable entrepreneurship 478
Klaus Fichter and Karsten Hurrelmann
29 Firm characteristics and internal and external dimensions: differences
between incubatees and non-incubator firms in Sweden 496
Hans Löfsten
Index 513
