In recent decades, the development of business incubators has had different experiences in Brazil. This diversity of experience promotes the need to research the specifics of each type of incubator, in order to understand the development of each one of them. This is the case of the Technology Based Incubator of Itajubá-INCIT that was created in Itajubá county in 2000 and it currently has 22 incubator companies. Thus, this article aims to analyze the formation and development of institutional capital in INCIT. For the realization of this article, it was used an exploratory study based on the case study method along with the implementation of a structured and not disguised form. The survey results revealed that although the INCIT is present for more than a decade in the city of Itajubá, the links between the partners are not yet adequately consolidated, suffering variations in the intensity of its institutional relations. This certainly weakens the institutional capital and undermines development and longevity of the incubator.
Purpose: The aim of this article is to identify which factors encourage and/or discourage companies to operate as a network, based on the Technology, Innovation and Knowledge Firms Network (TIKFN). Originality/value: Few advances have been made in the literature to understand the technology-based firms’ cooperation networks (TBFs), which have different characteristics, especially in relation to levels of uncertainty and innovation. Design/methodology/approach: It was conducted a Study Case on this paper. Therefore, data were collected through documents, semi structured questionnaires and focal groups to assure data source triangulation. Additionally, data analysis consisted of networks structural analysis, regression analysis and content analysis by frequency and category. Findings: Among the observed results, it is noticeable that congruence of objectives, length of participation and network strengthening represent the encouraging factors for network operation. On the other hand, asymmetric interests, low actors’ engagement and lack of active management are the discouraging factors. In order to assure the credibility of this study, results were evaluated through two focal groups composed by the network managers and participants, thus increasing the authenticity of the study. Results can be considered relevant as they contribute to understand the behavior of technology companies in a network, whose characteristics differ from other interorganizational networks especially regarding uncertainty levels and access to resources and information.
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