Evolution of Incubation Models
Industry and Higher Education, February, 2004
Posted: 24 Aug 2006
This paper addresses the role of incubators in new venture creation. A mapping of four different types of incubators is proposed. Corporate Private Incubators (CPIs), Independent Private Incubators (IPIs), Business Innovation Centers (BICs) and University Business Incubators (UBIs). We argue that one interpretative key to explain the dynamics of the incubation industry is the evolution of company requirements and consequently of the services offered by the incubators.In this context two different incubating models are proposed, which provide incubators with useful indications as to how they should position themselves strategically.
Keywords: incubators, new ventures
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