Assessing technology incubator programs in the science park: the good, the bad and the ugly

Chan, Kin‐Fai; Lau, Theresa

doi:10.1016/j.technovation.2004.03.010

Cited by 346 publications

(308 citation statements)

References 20 publications

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“…business angels, venture capitalists, academic scientists, experienced entrepreneurs). Although scholars agree on the critical role that incubators in the USA, UK, and other European countries play in building networks that can be transformative to the development of their incubatees (Mian 1996;Hansen et al 2000;Colombo and Delmastro 2002;Bollingtoft and Ulhoi 2005;Sa and Lee 2012), it is not evident that these factors have been so important in Asian countries (Chan and Lau 2005). Literature on incubators in these countries indicates that support associated with cost reductions (e.g.…”

Section: Introductionmentioning

confidence: 99%

“…Literature on incubators in these countries indicates that support associated with cost reductions (e.g. free or subsidised rental and testing facilities) is far more important than the provision of network opportunities to early stage technology-based ventures since technological entrepreneurs are likely to rely on their own networks with scientists (Chan and Lau 2005;Zhang and Sonobe 2011). There is therefore a need, particularly in Asian countries, for further investigation on which specific support services provided by TBIs accelerate the early growth of new technology-based ventures and contribute to their graduation .…”

Section: Introductionmentioning

confidence: 99%

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The graduation performance of technology business incubators in China’s three tier cities: the role of incubator funding, technical support, and entrepreneurial mentoring

North

2016

J Technol Transf

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This study examines the effects of technology business incubator (TBI)'s funding, technical support and entrepreneurial mentoring on the graduation performance of new technology-based firms in China's three tier cities. Using a new dataset on all TBIs and incubated new technology-based firms from government surveys conducted over five consecutive years from 2009 to 2013 combined with archival and handcollected data, we find the effects of incubator services on the early growth of new technology-based firms vary according to the local context. Technical support facilities and entrepreneurial mentoring from TBIs are found to have significantly and positively influenced the early development of the firms in the four most affluent tier 1 cities, whilst these effects become less pronounced for the tier 2 and tier 3 cities. These two services are also found to influence graduation performance in the government and university types of TBI respectively. Results support the notion that the effectiveness of an incubator's services is shaped by the level of a city's socio-economic development and that the city location of a TBI does impact the graduation performance of its incubatees.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The graduation performance of technology business incubators in China’s three tier cities: the role of incubator funding, technical support, and entrepreneurial mentoring

North

2016

J Technol Transf

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“…A incubadora é também uma rede de indiví-duos e organizações, incluindo toda a equipe de gerência, seu conselho administrativo, clientes das empresas e empresários, universidade e membros da comunidade universitária, contatos industriais e demais profissionais, como consultores, investidores de risco e voluntários. Diversos autores asseveram que essa rede de relacionamentos pode gerar boas oportunidades aos empresários vinculados à incubadora (BAKOUROS et al, 2002;BOLLINGTOFT;ULHOI, 2005;CHAN;LAU, 2005).…”

Section: Incubadoras De Base Tecnológicaunclassified

Capacitação gerencial nas incubadoras de base tecnológica: proposição de um modelo matricial de avaliação

2011

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ResumoEste trabalho tem como objetivo a proposição de uma ferramenta de avaliação de programas de capacitação gerencial de Incubadoras de Empresas. Tal ferramenta foi desenvolvida a partir de um estudo em 14 Incubadoras e 115 empreendimentos nascentes de base tecnológica. A avaliação é realizada nas tradicionais áreas funcionais da Administração (i.e. Marketing, Recursos Humanos, Finanças e Operações) em duas dimensões: (a) uma compara o domínio que o empresário julga possuir dos fundamentos de cada disciplina da Administração e a importância que esses fundamentos têm para o seu negócio; (b) a outra dimensão compara essa importância atribuída pelo empresário com o quanto o fundamento foi contemplado no programa de capacitação gerencial oferecido pela incubadora. Com isso, é possível avaliar, respectivamente, as lacunas de conhecimento que os empresários julgam possuir e quais pontos podem ser mais bem explorados pela incubadora nos treinamentos gerenciais. O estudo de campo revelou que os fundamentos de Marketing e Finanças são vistos como mais importantes pelos empresários e mais contemplados nos programas de capacitação. Ademais, verificou-se a existência de lacunas entre importância atribuída pelos empresários e a efetividade da incubadora em alguns elementos, o que sugere a necessidade de reavaliar os programas de capacitação gerencial.Palavras-chave: Capacitação gerencial. Incubadora de base tecnológica. Modelode avaliação.

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“…In this sense, parks have been increasingly considered as geographically bounded networks where firms and support institutions create a nurturing environment for new business start-ups, and therefore lead to the subsequent development of growth-oriented firms [Chan and Lau, (2005), p.1215]. However, there are certain doubts about how long a firm should stay in a park, receiving support, and to what point remaining there improves innovation (Clarysse et al, 2005).…”

Section: Introductionmentioning

confidence: 99%

“…Innovation is facilitated by the interaction and recombination of different sources of knowledge in addition to that from the university, forming a network among firms. The studies that have taken into account these networks in the park are inconclusive about their importance (Chan and Lau, 2005;Hansson et al, 2005;Phillimore, 1999) in part due to the fact that they are lacking a time aspect.…”

Section: Introductionmentioning

confidence: 99%

From incubation to maturity inside parks: the evolution of local knowledge networks

Díez‐Vial

Montoro‐Sánchez

2017

IJTM

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This paper analyses the effect of the evolution of local knowledge networks on the innovative capacity of firms co-located. Using a network dynamic approach, this paper argues that the length of time that firms spend in a science park affects their local knowledge network. By the identification of three stages of local development-incubation, growth and maturity-, this study provides new insights about the role of science parks in both increasing their innovative capacity and promoting the exchange of knowledge among co-located firms. In this sense, science parks have been increasingly considered as a nurturing environment for business start-ups and lead to the development of growth-oriented firms, not being a consensus about how the length of time the firm spends in the park may affect these benefits.

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Assessing technology incubator programs in the science park: the good, the bad and the ugly

Cited by 346 publications

References 20 publications

The graduation performance of technology business incubators in China’s three tier cities: the role of incubator funding, technical support, and entrepreneurial mentoring

The graduation performance of technology business incubators in China’s three tier cities: the role of incubator funding, technical support, and entrepreneurial mentoring

Capacitação gerencial nas incubadoras de base tecnológica: proposição de um modelo matricial de avaliação

From incubation to maturity inside parks: the evolution of local knowledge networks

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