2018
DOI: 10.5465/ambpp.2018.12441abstract
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Business model innovation in incubators: the role played by dynamic capabilities theory

Abstract: In an increasingly competitive business support industry, incubators are faced with a range of threats. On the one hand, public financiers are reducing the funds allocated and, on the other, entrepreneurs are moving away from "traditional" incubation for more fashionable rival incubation models (such as acceleration, mentoring and coworking for example). In order to better adapt to this turbulence, incubators are bringing about doing business model innovation. To understand how business support structures adap… Show more

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Cited by 3 publications
(3 citation statements)
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References 47 publications
(169 reference statements)
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“…The National Business Incubation Association defines incubators as a catalyst tool for economic development that provides entrepreneurs with a range of business resources and services (Knopp, 2006). Services provided by incubators are typically access to infrastructures and facilities, access to networks, assistance in developing business and marketing plans, management assistance, administrative services, as well as financial services (Baraldi and Ingemansson Havenvid, 2016; Ayatse et al , 2017; Maus and Sammut, 2018; Klofsten and Bienkowska, 2021). However, the services provided by incubators vary.…”
Section: Literature Review and Theoretical Frameworkmentioning
confidence: 99%
“…The National Business Incubation Association defines incubators as a catalyst tool for economic development that provides entrepreneurs with a range of business resources and services (Knopp, 2006). Services provided by incubators are typically access to infrastructures and facilities, access to networks, assistance in developing business and marketing plans, management assistance, administrative services, as well as financial services (Baraldi and Ingemansson Havenvid, 2016; Ayatse et al , 2017; Maus and Sammut, 2018; Klofsten and Bienkowska, 2021). However, the services provided by incubators vary.…”
Section: Literature Review and Theoretical Frameworkmentioning
confidence: 99%
“…Traditional business incubators are now in competition with new organizations that propose more fashionable incubation models, acceleration (Pauwels et al , 2016), coworking (Garrett et al , 2017), mentoring (Eesley and Wang, 2017) and expertise Lai and Lin (2015). Maus and Sammut (2018) reflect that changes in entrepreneurial capabilities demonstrate that incubators can trigger a transformation process of business model innovation based on a combination of several business support models. A new generation of business incubator models seems to be emerging.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Technology Stations are entities established the Department of Science and Innovation within South Africa through its implementing entity (Technology Innovation Agency) that have a main role to provide technical support to technology-based SMEs with the purpose of enabling universities to have a link with industry by transferring technical knowledge to SMEs (Tungande, 2012). Literature supports the review process of the relationship of dynamic capabilities and incubation (Gonthier and Chirita, 2019;Maus and Sammut, 2018). These identified relate to deliberate learning and business models respectively.…”
Section: Literature Reviewmentioning
confidence: 89%