Business Incubators and New Venture Creation: Assessing Different Incubating Programmes

Technovation, Vol. 25, pp. 111-121, 2005

Posted: 20 Sep 2006

See all articles by Alessandro Grandi

Alessandro Grandi

University of Bologna

Rosa Grimaldi

University of Bologna - Department of Management

Abstract

Incubators assist emerging ventures by providing support services and assistance in developing their business. We map business incubators into four categories: Business Innovation Centres (BICs), University Business Incubators (UBIs), Independent Private Incubators (IPIs), and Corporate Private Incubators (CPIs).

Then we argue that the variety of incubating organizations is driven by the evolution of companies' requirements and needs, which encourage incubators to differentiate the range of services that they offer. We believe that differences in the way incubators run their businesses can be described by two main incubating models (Model1 and Model2) providing incubators with useful indications on how to position strategically themselves. We identify a list of incubator 'characterizing' variables to highlight the main differences between the four types of incubators and to describe the incubating models. Empirical evidence is provided on the two incubating models derived from case studies of eight Italian incubators.

Keywords: Business incubators, new ventures, incubating models, incubating industry evolution, spin-offs

Suggested Citation

Grandi, Alessandro and Grimaldi, Rosa, Business Incubators and New Venture Creation: Assessing Different Incubating Programmes. Technovation, Vol. 25, pp. 111-121, 2005, Available at SSRN: https://ssrn.com/abstract=931518

Alessandro Grandi (Contact Author)

University of Bologna ( email )

Piazza Scaravilli 2
Bologna, 40100
Italy

Rosa Grimaldi

University of Bologna - Department of Management ( email )

Piazza Scaravilli 1
Bologna, Bologna 40126
Italy

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
1,308
PlumX Metrics