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Revisiting incubation performance

Relevant literature has discussed incubator versus nonincubator firm performance and the characteristics of different types of incubators. However, it has not considered assessing performance individually by archetype. We studied company performance in four archetypal incubators. Performance measure...

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Bibliographic Details
Published in:Technological forecasting & social change 2012-06, Vol.79 (5), p.888-902
Main Authors: Barbero, José L., Casillas, José C., Ramos, Alicia, Guitar, Susana
Format: Article
Language:English
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Summary:Relevant literature has discussed incubator versus nonincubator firm performance and the characteristics of different types of incubators. However, it has not considered assessing performance individually by archetype. We studied company performance in four archetypal incubators. Performance measures used fall into five categories drawn from literature: a) firm growth b) participation in R&D programs c) Input R&D d) Output R&D e) Employment generation cost. We find there are significant differences in three of the five performance categories among incubator types. We assess the performance of each one by determining whether the objectives for which each was created are met. Private, basic research and University archetypes meet their objectives. Regional development archetype does not.
ISSN:0040-1625
1873-5509
DOI:10.1016/j.techfore.2011.12.003