Start-EU-up! Lessons from international incubation practices to address the challenges faced by Western European start-ups

Weele, Marijn van; Rijnsoever, Frank J. van; Eveleens, Chris P.; Steinz, Henk J.; Stijn, Niels van; Groen, Menno

doi:10.1007/s10961-016-9538-8

Cited by 58 publications

(39 citation statements)

References 69 publications

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“…They can also be found in other regions influenced by Silicon Valley (van Weele et al . ). In this study, we find that the activities are transferred through digital buzz and brokers who connect CoPs from other institutional contexts.…”

Section: Resultsmentioning

confidence: 97%

Start‐up Communities as Communities of Practice: Shining a Light on Geographical Scale and Membership

Weele

Steinz

Rijnsoever

2017

Tijd voor Econ & Soc Geog

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The development of start-up communities is seen as critical to the successful development of entrepreneurship in a region. However, it remains unclear what exactly start-up communities are and how they can be facilitated. Ambiguity concerning the geographical scale and membership of start-up communities leads to different conceptualisations. In this paper, we apply communities of practice (CoP) theory to understand how conceptualisations of start-up communities work and how they can be facilitated. To this end, we qualitatively study start-up communities in Sydney, Melbourne and Canberra, Australia. Our results show that start-up communities that are confined to a particular workspace strongly resemble a CoP. Furthermore, many elements of CoPs can also be found in regional start-up communities. Finally, we find that workspace communities have more direct and top-down facilitation activities, while regional start-up communities have more indirect and bottom-up facilitation activities.

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Section: Resultsmentioning

confidence: 97%

Start‐up Communities as Communities of Practice: Shining a Light on Geographical Scale and Membership

Weele

Steinz

Rijnsoever

2017

Tijd voor Econ & Soc Geog

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“…Startup communities are defined as “local informal networks of entrepreneurs that support and encourage each other by sharing their resources and passion, thereby facilitating learning and innovation” (van Weele, Steinz, & Van Rijnsoever, , p. 1). They are a source of inspiration and encouragement for entrepreneurs and their primary provider of both tangible and intangible resources.…”

Section: Why Entrepreneurial Ecosystems Mattermentioning

confidence: 99%

The role of social networks in entrepreneurial ecosystems: The case of #StartupLokal in Jakarta

Wahyuningtyas¹,

Hanoteau²,

Vial³

2018

Glob Bus Org Exc

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With the largest economy in Southeast Asia and the fourth‐largest population in the world, Indonesia has tremendous entrepreneurial potential. The recent fast development of Internet‐based businesses there brings opportunities for startups to flourish. Some have already achieved remarkable success, despite a lack of institutional support to provide the necessary networks, material resources, and other elements of an entrepreneurial culture. Increasingly, these factors for success are being provided by entrepreneurial ecosystems in which entrepreneurial networks play a major role. The experiences of #StartupLokal illustrate how an entrepreneurial network can sprout from the field, relying on the passion and drive of successful serial entrepreneurs. They also reveal how the entrepreneurial community can inspire potential and new startup leaders, strengthen the entrepreneurial culture, and facilitate access to resources.

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“…It refers to the provision of tangible and intangible resources from the incubator to the start-up Van Weele et al 2016a). Direct support is offered in the form of tangible resources like office space, shared equipment, or funding.…”

Section: Direct Supportmentioning

confidence: 99%

“…It also includes the transfer of intangible resources such as business knowledge, which is transferred with the help of experienced incubator managers; pitching training sessions; and workshops. This helps start-ups to focus on the development of their business (Patton and Marlow 2011) and enables them to develop stronger, more convincing business propositions (Patton 2013;Rice 2002;Van Weele et al 2016a). The result is better startup performance.…”

Section: Direct Supportmentioning

confidence: 99%

“…These can be tangible resources like office space or funding, but also intangible resources like business knowledge that is transferred with help of experienced incubator managers, coaches, pitching training sessions, and workshops (Van Weele et al 2016a). By using these support services, incubators can directly improve start-up performance, and can thus be seen as Bhit makers^.…”

Section: Introductionmentioning

confidence: 99%

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Network brokers or hit makers? Analyzing the influence of incubation on start-up investments

2016

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Incubators are a prominent way to support technology based start-ups. Yet, it remains unclear to what extent these incubators enhance start-up performance, nor is it known through which mechanisms this would occur. In this paper we test two mechanisms to explain the relationship between incubation and the amount of investments raised by early stage start-ups as performance measure. The 'hit maker' mechanism refers to beneficial effects of the direct transfer of resources and organizational or business knowledge from the incubator to the start-up. The 'network broker' mechanism refers to the benefits that start-ups enjoy from being connected to external funding sources through the incubator's networks. We test which of these mechanisms contribute to the performance of early stage start-ups. Our data comes from a unique survey from 935 entrepreneurs with early-stage technology based start-ups in Western Europe and North America. We find that incubators have a positive effect on (1) the amount of funding that start-ups attract and (2) the ability of start-ups to attract funding from formal investors and banks. Moreover, our results provide evidence for the network broker mechanism, but not for the hit maker mechanism.

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Start-EU-up! Lessons from international incubation practices to address the challenges faced by Western European start-ups

Cited by 58 publications

References 69 publications

Start‐up Communities as Communities of Practice: Shining a Light on Geographical Scale and Membership

Start‐up Communities as Communities of Practice: Shining a Light on Geographical Scale and Membership

The role of social networks in entrepreneurial ecosystems: The case of #StartupLokal in Jakarta

Network brokers or hit makers? Analyzing the influence of incubation on start-up investments

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