Growth, management and financing of new technology-based firms—assessing value-added contributions of firms located on and off Science Parks

Lindelöf, Peter; Löfsten, Hans

doi:10.1016/s0305-0483(02)00023-3

Cited by 62 publications

(37 citation statements)

References 15 publications

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“…This is confirmed by studies conducted in various countries over the past fifteen years (Quintas, Wield, Doreen, 1992;Felsenstein, 1994;Westhead, 1997;Lindelöf, Löfsten, 2002;Colombo, Delmastro, 2002;Siegel, Westhead, Wright, 2003;Wallsten, 2004;Appold, 2004;Fukugawa, 2006, quoted in Pelle, Bober, Lis, 2008). Yet, the conclusions are different (often very sceptical), including the following:…”

Section: Concepts and Factors Of Local Developmentsupporting

confidence: 51%

The Analysis of the Use of Knowledge as a Development Factor at Local Level

Karwowska

2021

Regional Formation and Development Studies

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The aim of the article is to analyse the determinants and good practices in using knowledge as a factor in the development of entrepreneurship at local level. The article consists of three sections. In the first section, the authors discuss the genesis of perceiving knowledge as a factor of socio-economic development. In the second part, the understanding of the concept of local development in the view of various economic theories is presented. Finally, section three provides an overview of international research and experience in the modelling of development based on knowledge and entrepreneurship.

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Section: Concepts and Factors Of Local Developmentsupporting

confidence: 51%

The Analysis of the Use of Knowledge as a Development Factor at Local Level

Karwowska

2021

Regional Formation and Development Studies

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“…These, in turn, can be used to support their incubatee development and improve the incubator's Service Performance. One result from the research is that the provision of grants and financial support, commonly seen as critical to firms (Abduh et al, 2007;Lindelöf & Löfsten, 2002;McAdam & McAdam, 2008;Sun et al, 2007), has little impact on the Service Performance in our model. In fact, through the mediating influence of Operating and Networking Capabilities, it may even have a negative impact.…”

Section: Figure 3 Summary Of Findingsmentioning

confidence: 99%

“…Funding is a particularly important concern during growth for entrepreneurial clients (Lindelöf & Löfsten, 2002;McAdam & McAdam, 2008;Sun, Ni, & Leung, 2007), so the knowledge of, and ability to, access information on how to secure funding becomes a critical resource to an incubator. Abduh et al (2007) asserts that assistance to gain government grants/loans was perceived as being the most important counselling-related incubation service and also the service incubatees perceived as being significant but poorly delivered by the incubator.…”

Section: Service Resources and Capabilities In Business Incubatorsmentioning

confidence: 99%

Improving business incubator service performance in China: the role of networking resources and capabilities

Lin

Wood

2012

The Service Industries Journal

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This research analyses the relationships between resources and capabilities in IntroductionThe resource-based view of business (RBV) has been widely adopted over the past few decades to explain competitiveness and heterogeneity in the field of management (Foss & Ishikawa, 2007). The use of this perspective has largely been confined to firms operating in non-service industries, with an early influential application of RBV to services by Bharadwaj, Varadarajan, and Fahy (1993) to understand competitive advantage in service industries. The application of the RBV specifically to services, with intangible outputs and high customer involvement, has been limited and we seek to make a contribution in this area. Under consideration in the present research is the 'business incubator' which provides a service the fledgling firms by providing assistance and support to accelerate client growth (Sung, Gibson, & Kang, 2003). Success requires careful application of the possessed resources, the expansion of capabilities, and interactions within the incubator and also in the wider business network. There is a paucity of research on the use and role of resources and capabilities in incubators and how the possessed resources and capabilities impact on the service performance. Entrepreneurism is increasingly important in China, generating greater interest inThis is an electronic version of an article published as: Lin, D., . Improving business incubator service performance in China: The role of networking resources and capabilities. The Service Industries Journal, 32(13), 2091-2114. doi:10.1080/02642069.2011.582498. The article is available online at: http://www.tandfonline.com/doi/full/10. 1080/02642069.2011.582498 incubator services . As government policy is frequently used as a tool to direct developments (Chen, 2006) it is necessary to understand whether benefits from government policies playing an important role in the success of incubators. The key research question explored is: Which resources and capabilities do Chinese incubators find most useful in improving their service success? The answer will allow incubator directors to invest their energy developing requisite resources and capabilities to improve their success.The paper commences with an introduction and background for the study provided by a literature review, culminating in development of hypotheses. A short case is presented.Structural equation modelling (SEM) is used to analyse survey data and validate hypotheses.Conclusions are provided and limitations of the study are discussed before outlining areas for future research. Literature reviewRBV is presently the dominant theory that explains interfirm performance differences (Hoopes, Madsen, & Walker, 2003). Resources of a firm "include all assets, capabilities, organizational processes, firm attributes, information, knowledge, etc. controlled by a firm that enable the firm to conceive of and implement strategies" (Barney, 1991, p. 101).Organisations are repositories of capabilities, knowledge, and resources;...

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“…While there is a considerable amount of research on the performance of incubation programs (Mian 1996;Sherman 1999;Lindelof and Lofsten 2002;Siegel, Westhead, and Wright 2003;Bigliardi, et. al.…”

Section: Success Factors Of Stpsmentioning

confidence: 99%

Obstacles of Success of Technology Parks: The Case of Jordan

Kharabsheh¹,

Magableh²,

Arabiyat³

2011

IJEF

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Numerous researchers argued that the goal of many technology parks and the factors driving innovation success are still a mystery. In addition, it is argued that the problem with analyzing technology parks and cluster building is that recent studies analyze "the most celebrated case studies… to 'explain' their success" and ignore the less successful ones especially in developing countries. This study uses intensive interviewing to explore obstacles to success of technology parks in Jordan. It identified the following obstacles: 1. absence of a culture of entrepreneurism, 2. lack of autonomy and independence from university officials and government bureaucrats, 3. lack of a critical mass of companies that allows for synergies within parks and, 4. lack of a shared vision among parks' stakeholders. The study also found that the education system is unable to instill a culture of entrepreneurism among graduates therefore reducing the number of entrepreneurs and start-ups in Jordan.

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Growth, management and financing of new technology-based firms—assessing value-added contributions of firms located on and off Science Parks

Cited by 62 publications

References 15 publications

The Analysis of the Use of Knowledge as a Development Factor at Local Level

The Analysis of the Use of Knowledge as a Development Factor at Local Level

Improving business incubator service performance in China: the role of networking resources and capabilities

Obstacles of Success of Technology Parks: The Case of Jordan

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