New business incubators

Merrifield, D. Bruce

doi:10.1016/0883-9026(87)90021-8

Cited by 84 publications

(50 citation statements)

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“…Many scholars discussed the importance of the incubator process (Al-Mubaraki, 2008;Bearse 1998a;Culp, 1996;Kuratko & LaFollette 1987;Lumpkin & Ireland, 1988;Merrifield, 1987). Also, Wagner (2006) confirmed the positive impact of business incubators on job creation.…”

Section: Literature Reviewmentioning

confidence: 92%

Challenges and opportunities of innovation and incubators as a tool for knowledge-based economy

Al‐Mubaraki

Busler

2017

J Innov Entrep

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Objectives: The purpose of this research is to analyze and identify the challenges and opportunities of innovation and incubators programs and their potential use worldwide. Prior work: Discussed innovation and incubators as a powerful tool for knowledgebased economy from different perspectives using different criteria to measure the key performance indicators of best practices for innovation in the United States (US), United Kingdom (UK), and Gulf Cooperation Council States (GCC). The results are part of the ongoing research project funded by a grant from the Kuwait Foundation for Advancement of Sciences (KFAS-2012(KFAS- -1103. Approach: The methodology is based on quantitative approach (survey questionnaire) and literature review. Results: This paper provides several recommendations for the international implementation of innovation and incubators outcomes. Implications: This paper provides value-added knowledge for both academics and practitioners who are interested in the successful adaptation of innovation and incubators. Value: The authors believe that this paper demonstrates an added value to the current literature on innovation and incubators and fills the gap in the case studies in the literature of developed and developing countries and presents a more comprehensive analysis of progress and challenges to knowledge-based economies.

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Section: Literature Reviewmentioning

confidence: 92%

Challenges and opportunities of innovation and incubators as a tool for knowledge-based economy

Al‐Mubaraki

Busler

2017

J Innov Entrep

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“…In the case the answers were favorable the last question would be raised: 3) Which is the best approach for the firm to enter the business arena and grow? Although Merrifield's (1987) approach looks solid, it can be considered as a very simplistic way of analyzing the potential of a new business undertaking. It is also possible to assert that the proposal is applicable in technology-based new ventures.…”

Section: Incubation Modelsmentioning

confidence: 99%

“…2) is this a business in which the (incubated) firm has resources and competences to successfully compete? With these two questions Merrifield (1987) intended to verify the attractiveness and suitability of the new venture. In the case the answers were favorable the last question would be raised: 3) Which is the best approach for the firm to enter the business arena and grow?…”

Section: Incubation Modelsmentioning

confidence: 99%

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Incubation of New Ideas: Extending Incubation Models to Less-Favored Regions

Moreira¹,

Carvalho²

2012

Entrepreneurship - Creativity and Innovative Business Models

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“…1 Thus, careful investigation into the effectiveness of each policy tool is called for. Notable studies in this line include Merrifield (1987), Allen (1988), Sherman and Chappell (1998), Rice (2002), Siegel et al (2003), Link and Scott (2003), Abetti (2004), and Rothaermel and Thursby (2005). The literature, however, does not have a systematic framework yet (Phan, Siegel, and Wright 2005).…”

Section: Introductionmentioning

confidence: 99%

Business Incubators in China: An Inquiry into the Variables Associated with Incubatee Success

Zhang

Sonobe

2011

Economics

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This paper examines the association between the outcome of business incubation and the resources used by incubators, by using a small panel of science and technology business incubators (STBIs) in China. We find that while the number of firms graduating from an STBI is closely correlated with the infrastructure as well as the human and financial resources at the STBI's disposal, the graduates' firm sizes, in terms of employment and value added, as well as their labor productivity are unrelated to such resource inputs. We also find that the educational levels of incubator managers and the financial support given to their clients have significant impacts on the number of graduates. However, the number of graduates does not increase with the scale and diversity of the cities in which their STBIs are located or with the presence of foreign ventures and universities in the locality. We do not find that universitybased and government-established STBIs differ significantly in their incubation performance. JEL M13, O31, O32, O38

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New business incubators

Cited by 84 publications

References 0 publications

Challenges and opportunities of innovation and incubators as a tool for knowledge-based economy

Challenges and opportunities of innovation and incubators as a tool for knowledge-based economy

Incubation of New Ideas: Extending Incubation Models to Less-Favored Regions

Business Incubators in China: An Inquiry into the Variables Associated with Incubatee Success

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