Building A Business Incubator:  A Teaching Case Study

White, Jason T.; McLaughlin, J. Patrick

doi:10.19030/jbcs.v2i4.4903

Cited by 2 publications

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“…The DIP was chosen in this case study as this was the first government-funded incubation programme for designers in Hong Kong and it included all design disciplines. A number of The Youth Foundation Fund --research projects on the subject of incubation programme evaluation have been carried out using a case study approach (Campbell and Allen, 1987;Davaris et al, 2013;Mian, 1997;White and McLaughlin, 2006). To make the case more representative, the target design startups were selected on the basis of the following criteria: (a) graduated from the programme within 1-5 years and (b) different design disciplines.…”

Section: Methodsmentioning

confidence: 99%

Design incubatees' perspectives and experiences in Hong Kong

Fong

2020

HESWBL

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PurposeThis paper discusses the services and support from one of the government design-based business incubators in Hong Kong. The characteristics of a design business incubator are explained, and a multiple-case study indicates the perspectives of incubatees from different design disciplines after their graduation from the incubation programme.Design/methodology/approachThe research under discussion in this paper was based on eight design incubatees in different design disciplines within two years of incubation period, all of whom had participated in one of the government-funded business incubation programmes for designers in Hong Kong. The programme is unique because there are no other government-based incubation programmes for designers in Hong Kong. Semi-structured interviews were conducted to collect feedback from incubatees in areas ranging from terms of service to support of the incubation programme.FindingsThe services of training, mentorship and finance were found to be the most important to design start-ups. Financial support and flexible funding allocation were another important issue for design incubatees, but training in these subject areas was not included in the incubation programme. However, it was confirmed that funding provided may have helped a number of the incubatees in developing their start-up businesses as a result of the reduced financial burden and office allocation.Research limitations/implicationsThe research focused on one incubation programme because of the lack of incubation programmes for designers in Hong Kong, therefore future research which compares different types of business incubation programmes is suggested.Practical implicationsThe outcomes of the research not only identified the possible areas of development and improvement of business incubation in entrepreneurship but they will also be useful for the government, universities, institutions, designers, policy makers, entrepreneurs and practitioners. These, in addition to industry stakeholders who want to evaluate their entrepreneurship programmes and develop their plans for potential development in incubation- or entrepreneurial-related programmes or training, especially in the area of design, will find the results useful.

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Section: Methodsmentioning

confidence: 99%

Design incubatees' perspectives and experiences in Hong Kong

Fong

2020

HESWBL

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“…Businesses, like children, are more likely to thrive when given due care at their earliest stages of development. White and McLaughlin (2006) stated that one can think of a business incubator as having a function similar to that of a premature infant incubator. While an infant's incubator helps a premature child become strong enough to survive on its own, a business incubator makes a fledgling company strong enough to survive beyond the first few years.…”

Section: Introductionmentioning

confidence: 99%

Small business incubators in the USA: a historical review and preliminary research findings

Shepard

2013

Journal of Knowledge-Based Innovation in China

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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.

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Building A Business Incubator: A Teaching Case Study

Cited by 2 publications

References 0 publications

Design incubatees' perspectives and experiences in Hong Kong

Design incubatees' perspectives and experiences in Hong Kong

Small business incubators in the USA: a historical review and preliminary research findings

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