IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i13p7758-d847720.html
   My bibliography  Save this article

Exploring the Relationship between the Entrepreneurship Motive and Value Creation in Business Incubators

Author

Listed:
  • Cristina Lin-Lian

    (Department of Applied Economics I, Economic History and Institutions (and Moral Philosophy), Rey Juan Carlos University, Paseo de los Artilleros s/n, 28032 Madrid, Spain)

  • Carmen De-Pablos-Heredero

    (Department of Business Administration, ESIC University, Avda. Valdenigriales, s/n, 28223 Pozuelo de Alarcón, Spain
    Department of Business Economics (Administration, Management and Organization), Applied Economics II and Fundamentals of Economic Analysis, Rey Juan Carlos University, Paseo de los Artilleros s/n, 28032 Madrid, Spain)

  • José Luis Montes-Botella

    (Department of Applied Economics I, Economic History and Institutions (and Moral Philosophy), Rey Juan Carlos University, Paseo de los Artilleros s/n, 28032 Madrid, Spain)

Abstract

In this study, we aimed to explore whether, regardless of the reasons why entrepreneurs start their activity, either due to necessity or vocation, they positively value the capacity of business incubators as a mechanism to help create value, contributing to the economic and social sustainability and establishing a context that increases the chances of the success and survival of businesses. A questionnaire was developed and distributed to a representative sample of entrepreneurs residing in Spain. Structural equation analysis (SEM) was applied. The results confirm that business incubators create value in society regardless of the reasons why entrepreneurs start their activity. This work provides an opinion and a direct vision of how different entrepreneur profiles value the contribution of business incubators to the sustainability of businesses in their first stage.

Suggested Citation

  • Cristina Lin-Lian & Carmen De-Pablos-Heredero & José Luis Montes-Botella, 2022. "Exploring the Relationship between the Entrepreneurship Motive and Value Creation in Business Incubators," Sustainability, MDPI, vol. 14(13), pages 1-22, June.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:13:p:7758-:d:847720
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/13/7758/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/14/13/7758/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lee Cronbach, 1951. "Coefficient alpha and the internal structure of tests," Psychometrika, Springer;The Psychometric Society, vol. 16(3), pages 297-334, September.
    2. Rudy Aernoudt, 2004. "Incubators: Tool for Entrepreneurship?," Small Business Economics, Springer, vol. 23(2), pages 127-135, September.
    3. Roundy, Philip T. & Bradshaw, Mike & Brockman, Beverly K., 2018. "The emergence of entrepreneurial ecosystems: A complex adaptive systems approach," Journal of Business Research, Elsevier, vol. 86(C), pages 1-10.
    4. Carmen De-Pablos-Heredero & Gonzalo Fernández-Valero & Miguel Blanco-Callejo, 2017. "Supplier Qualification Sub-Process from a Sustained Perspective: Generation of Dynamic Capabilities," Sustainability, MDPI, vol. 9(5), pages 1-15, May.
    5. Zoltán J. Ács & Erkko Autio & László Szerb, 2015. "National Systems of Entrepreneurship: Measurement issues and policy implications," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 28, pages 523-541, Edward Elgar Publishing.
    6. María Redondo & Carmen Camarero, 2019. "Social Capital in University Business Incubators: dimensions, antecedents and outcomes," International Entrepreneurship and Management Journal, Springer, vol. 15(2), pages 599-624, June.
    7. Lester LLOYD - REASON & Roger MUMBY - CROFT & Leigh SEAR, 2009. "Entrepreneurship Education: Embedding Practitioner Experience," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(4), pages 598-610, October.
    8. Ted Baker & Eric Gedajlovic & Michael Lubatkin, 2005. "A Framework for Comparing Entrepreneurship Processes across Nations," Post-Print hal-02311659, HAL.
    9. M. Teresa Fernández Fernández & Francisco J. Blanco Jiménez & Juan R. Cuadrado Roura, 2015. "Business incubation: innovative services in an entrepreneurship ecosystem," The Service Industries Journal, Taylor & Francis Journals, vol. 35(14), pages 783-800, October.
    10. Ted Baker & Eric Gedajlovic & Michael Lubatkin, 2005. "A framework for comparing entrepreneurship processes across nations," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 36(5), pages 492-504, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rosado-Cubero, Ana & Hernández, Adolfo & Jiménez, Francisco José Blanco & Freire-Rubio, Teresa, 2024. "Does gender affect entrepreneurship? Evidence from Spanish and Argentinian business incubators," Journal of Business Research, Elsevier, vol. 170(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cristina Lin-Lian & Carmen De-Pablos-Heredero & José Luis Montes-Botella, 2021. "Value Creation of Business Incubator Functions: Economic and Social Sustainability in the COVID-19 Scenario," Sustainability, MDPI, vol. 13(12), pages 1-15, June.
    2. Cristina Lin-Lian & Carmen De-Pablos-Heredero & José Luis Montes-Botella & Susana Lin, 2022. "The Influence of Entrepreneurial Motivation on the Valuation of Socioeconomic Benefits of Business Incubator Functions," Economies, MDPI, vol. 10(11), pages 1-21, November.
    3. R. Sandra Schillo & Ajax Persaud & Meng Jin, 2016. "Entrepreneurial readiness in the context of national systems of entrepreneurship," Small Business Economics, Springer, vol. 46(4), pages 619-637, April.
    4. Muñoz, Pablo & Kibler, Ewald & Mandakovic, Vesna & Amorós, José Ernesto, 2022. "Local entrepreneurial ecosystems as configural narratives: A new way of seeing and evaluating antecedents and outcomes," Research Policy, Elsevier, vol. 51(9).
    5. van Rijnsoever, Frank J., 2020. "Meeting, mating, and intermediating: How incubators can overcome weak network problems in entrepreneurial ecosystems," Research Policy, Elsevier, vol. 49(1).
    6. Kaciak, Eugene & Welsh, Dianne H.B., 2020. "Women entrepreneurs and work–life interface: The impact of sustainable economies on success," Journal of Business Research, Elsevier, vol. 112(C), pages 281-290.
    7. Quoc Hoang Thai & Khuong Ngoc Mai & Tung Thanh Do, 2023. "An Evolution of Entrepreneurial Ecosystem Studies: A Systematic Literature Review and Future Research Agenda," SAGE Open, , vol. 13(1), pages 21582440231, March.
    8. Maksim Belitski & Farzana Chowdhury & Sameeksha Desai, 2016. "Taxes, corruption, and entry," Small Business Economics, Springer, vol. 47(1), pages 201-216, June.
    9. Mainela, Tuija & Puhakka, Vesa & Sipola, Sakari, 2018. "International entrepreneurship beyond individuals and firms: On the systemic nature of international opportunities," Journal of Business Venturing, Elsevier, vol. 33(4), pages 534-550.
    10. Maria Bastida & Alberto Vaquero García & Luisa Helena Pinto & Ana Olveira Blanco, 2022. "Motivational drivers to choose worker cooperatives as an entrepreneurial alternative: evidence from Spain," Small Business Economics, Springer, vol. 58(3), pages 1609-1626, March.
    11. Christina Theodoraki & Karim Messeghem & Mark P. Rice, 2018. "A social capital approach to the development of sustainable entrepreneurial ecosystems: an explorative study," Small Business Economics, Springer, vol. 51(1), pages 153-170, June.
    12. De Clercq, Dirk & Danis, Wade M. & Dakhli, Mourad, 2010. "The moderating effect of institutional context on the relationship between associational activity and new business activity in emerging economies," International Business Review, Elsevier, vol. 19(1), pages 85-101, February.
    13. Christina Theodoraki & Alexis Catanzaro, 2022. "Widening the borders of entrepreneurial ecosystem through the international lens," The Journal of Technology Transfer, Springer, vol. 47(2), pages 383-406, April.
    14. Shih-Chang Hung & Yung-Ching Tseng, 2017. "Extending the LLL framework through an institution-based view: Acer as a dragon multinational," Asia Pacific Journal of Management, Springer, vol. 34(4), pages 799-821, December.
    15. Ali, Abdul & Kelley, Donna J. & Levie, Jonathan, 2020. "Market-driven entrepreneurship and institutions," Journal of Business Research, Elsevier, vol. 113(C), pages 117-128.
    16. Zheng, Mingbo & Feng, Gen-Fu & Feng, Suling & Yuan, Xuemei, 2019. "The road to innovation vs. the role of globalization: A dynamic quantile investigation," Economic Modelling, Elsevier, vol. 83(C), pages 65-83.
    17. Naudé, Wim & Liebregts, Werner, 2020. "Digital Entrepreneurship Research: A Concise Introduction," IZA Discussion Papers 13667, Institute of Labor Economics (IZA).
    18. André Cherubini Alves & Bruno Brandão Fischer & Nicholas S. Vonortas, 2021. "Ecosystems of entrepreneurship: configurations and critical dimensions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 67(1), pages 73-106, August.
    19. David Bruce Audretsch & Maksim Belitski & Georg Maximilian Eichler & Erich Schwarz, 2024. "Entrepreneurial ecosystems, institutional quality, and the unexpected role of the sustainability orientation of entrepreneurs," Small Business Economics, Springer, vol. 62(2), pages 503-522, February.
    20. De Clercq, Dirk & Meuleman, Miguel & Wright, Mike, 2012. "A cross-country investigation of micro-angel investment activity: The roles of new business opportunities and institutions," International Business Review, Elsevier, vol. 21(2), pages 117-129.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:13:p:7758-:d:847720. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.