The business characteristics of corporate mission, plans and strategies, leadership/management, staff competence and expertise, facilities and resources and technology were described for each generation. Design/methodology/approach -The approach of this research was to gain an understanding of potential best practices and study what has been characteristically significant in small business incubators over the past 50 years. Findings -The historical study findings indicate that the basic premise of business incubators remained unchanged across time. The idea of nurturing a new and fledgling business until it can manage on its own, much like an incubator does for premature and newborn babies, still provides the impetus for business incubators today. However, business characteristics have evolved and grown more sophisticated over the years in response to situational and contextual forces. Certain characteristics have been retained, while others have undergone change.Research limitations/implications -In light of the discussion in this research, it is clear that comprehensive and systematic historical review from literature on small business incubators reveals that past incubators have provided many lessons for future models. The model has evolved dramatically but questions still revolve around the current state, and what is essential for future models. Practical implications -Although various models have been developed to explain the trajectories of such growth, it is clear that access to a network of business and financial forms of support, patented knowledge creation, and inter-firm partnerships are crucial. Originality/value -The value of this research is it defines three periods in small business incubator history in the USA defining what are consistent best practices for success. In addition, this research concerning small business incubators serves as a clear comprehensive and systematic historical review from literature revealing that past incubators have provided many lessons for future models.
This paper presents a brief background on business incubators, a historical context across three time periods, business characteristics culled from literature and relevant research findings and its implications. Emerging new models are illustrated with a practical working example of how innovation and entrepreneurship intersect. It ends with conclusions.
The global workplace is changing, and co-working is growing up considerably in this new workspace. In the 21stcentury, co-working spaces are growing rapidly, and it is expected that by 2020, freelancers who use these spaceswill make up 50% of the total workforce. When they first started, they were viewed as being ideal for creatives, orpeople who were looking to start out their businesses. As the freelancing world continues to evolve, more peoplefrom all professions are making use of it.This paper shall look at this development in co-working, and the results which reveal that there is growth forfreelancers. These are spaces that are forming a new section of the economy, especially when it comes to making themost of the digital economy as well as the knowledge economy. In this paper, an in-depth review has been carriedout, and there is a qualitative study of freelances who are making use of co-working spaces. It seeks to understandthe reasons that these spaces are helping to elevate growth, as well as the development of freelancers.It has been revealed that the key reason co-working continues to be a primary choice for freelancers is the costeffectiveness, as it is lower in cost than setting up a business. In addition, it helps with building social relationshipswithin the work place, without any stress linked with maintaining these relationships. What was once perfect forcreatives, is now available for all types of freelancers.
This paper presents a brief background on business incubators, a historical context across three time periods, business characteristics culled from literature and relevant research findings and its implications. Emerging new models are illustrated with a practical working example of how innovation and entrepreneurship intersect. It ends with conclusions.
A psychology seminar on stress management is described and evaluated. Though instruments changed in six classes over a 6- year period, students reported significantly less general anxiety, general anger, situational stress reactivity, and stress-related physiological reactivity after the class than before. Follow-ups conducted with two classes showed maintenance of these effects. These results suggest that the classroom can be a practical medium for increasing academic knowledge about and personal skills for stress reduction.
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