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Revisiting incubation performance

Author

Listed:
  • Barbero, José L.
  • Casillas, José C.
  • Ramos, Alicia
  • Guitar, Susana

Abstract

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.

Suggested Citation

  • Barbero, José L. & Casillas, José C. & Ramos, Alicia & Guitar, Susana, 2012. "Revisiting incubation performance," Technological Forecasting and Social Change, Elsevier, vol. 79(5), pages 888-902.
  • Handle: RePEc:eee:tefoso:v:79:y:2012:i:5:p:888-902
    DOI: 10.1016/j.techfore.2011.12.003
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