The virtual incubator: managing human capital in the software industry

Nowak, Michael J; Grantham, Charles E.

doi:10.1016/s0048-7333(99)00054-2

Cited by 127 publications

(98 citation statements)

References 7 publications

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“…Nowak and Grantham [38] argue that for-profit compared to not-for-profit incubators are expected to develop approximately half the overall number of all business incubators in the coming years. The main aim of this sub theme was to investigate whether incubators receive any kind of support from private and public companies.…”

Section: Support Structuresmentioning

confidence: 99%

The Sustainability and Challenges of Business Incubators in the Western Cape Province, South Africa

Lose

Tengeh

2015

Sustainability

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Abstract:Notwithstanding the growing interest in business incubation programmes and the benefits derived from such programmes, the path is beset by numerous challenges. This paper investigates the challenges faced by business incubators (BIs) as they strive to support their clients. The study utilized a qualitative approach to collect data by way of interviews to gain in-depth knowledge and understanding of the concept and challenges of business incubators. The data were collected using structured and unstructured in-depth personal interviews, which were carried out with the respondents of business incubators in the Western Cape. The research participants for this study were limited to the business incubators on the database of a local organization that promotes small and medium enterprises (SMEs) development strategy and programmes in the Western Cape Province. All five business incubators on the database were deemed suitable for the study. The results indicated that an average of twenty-five entrepreneurs graduated from the incubation programme in the last five years. Furthermore, lack of sponsorship, production space, advanced technological facilities (prototype) and expansion to different areas were found to be among the challenges hindering incubators.

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Section: Support Structuresmentioning

confidence: 99%

The Sustainability and Challenges of Business Incubators in the Western Cape Province, South Africa

Lose

Tengeh

2015

Sustainability

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“…These new business incubators have been classified as 'virtual business incubators'. Virtual business support has recently emerged alongside the use of web-based technologies to give business incubators another service they can provide new small businesses (Carayannis and von Zedtwitz, 2005;Durão et al, 2005;Nowak and Grantham, 2000). Venture capital tends to be provided to small businesses as they develop and implement their innovative business operations (Bøllingtoft and Ulhøi, 2005;Sofouli and Vonortas, 2007).…”

Section: Background On Business Incubatorsmentioning

confidence: 99%

When incubators evolve: new models to assist innovative entrepreneurs

Shepard

2017

IJEIM

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“…It should offer management services, financial assistance, juridical support, operational know-how and access to new markets, which can be done both in a physical or virtual space. Nowak and Grantham (2000) argue that in traditional business development entrepreneurs face a common challenge: the absence of capital, human resources, and management capabilities. This leads to the development of new models that facilitate the creation of new businesses.…”

Section: Cyber Incubationmentioning

confidence: 99%

“…for generating stability National and international business and market focus Work in conjunction with physical incubators when needed Table 1. Nowak and Grantham's (2000) model shows a combination of successful elements applied to traditional incubation with a new focus on virtual channels and strategic alliances. Nevertheless, their contribution seems to be in a very embryonic state as it does not explain the whole cycle of virtual incubation.…”

Section: Cyber Incubationmentioning

confidence: 99%