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Exploring technology business incubators and their business incubation models: case studies from China

Author

Listed:
  • Mingfeng Tang

    (Southwestern University of Finance and Economics)

  • Grace Sheila Walsh

    (National University of Ireland Galway)

  • Cuiwen Li

    (Harbin University of Science and Technology)

  • Angathevar Baskaran

    (University of Malaya
    Tshwane University of Technology)

Abstract

This paper explores Technology Business Incubators (TBIs) and their chosen Business Incubation Models. The business models of TBIs have been largely ignored or seen as explained through stratification classifications (e.g. university incubator, virtual incubator etc.). Taking a qualitative approach, five next generation TBIs clustered in the Zhongguancun region of Beijing, the ‘Chinese Silicon Valley’, are analyzed. Framed in the resource-based view this work contributes to the literature through the exploration of: (1) The strategies implemented by next generation TBIs in China (2) The business models of these incubators (3) The fit between each incubator’s business model and their respective strategy. Ultimately this study disentangles how the varying availability of resources and incubatees’ ability to absorb these resources guide incubator strategy.

Suggested Citation

  • Mingfeng Tang & Grace Sheila Walsh & Cuiwen Li & Angathevar Baskaran, 2021. "Exploring technology business incubators and their business incubation models: case studies from China," The Journal of Technology Transfer, Springer, vol. 46(1), pages 90-116, February.
    • Handle: RePEc:kap:jtecht:v:46:y:2021:i:1:d:10.1007_s10961-019-09759-4
    DOI: 10.1007/s10961-019-09759-4
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    References listed on IDEAS

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    Cited by:

    1. Mingfeng Tang & Hao Huang & Grace Walsh & Maribel Guerrero, 2023. "The impact of entrepreneurial overconfidence on incubator effectiveness," The Journal of Technology Transfer, Springer, vol. 48(1), pages 416-440, February.
    2. Roberto Vaz & Sandrina Francisca Teixeira & João Vidal de Carvalho, 2022. "Comfortable but Not Brilliant: Exploring the Incubation Experience of Founders of Technology-Based Startups," Sustainability, MDPI, vol. 14(23), pages 1-22, November.
    3. Roberto Vaz & João Vidal de Carvalho & Sandrina Francisca Teixeira, 2023. "Developing a Digital Business Incubator Model to Foster Entrepreneurship, Business Growth, and Academia–Industry Connections," Sustainability, MDPI, vol. 15(9), pages 1-29, April.
    4. Vidit Mohan & Rohan Chinchwadkar, 2022. "Technology Business Incubation: A Literature Review and Gaps," International Journal of Global Business and Competitiveness, Springer, vol. 17(1), pages 53-63, June.
    5. Amba Maria Erkelens & Neil Aaron Thompson & Dominic Chalmers, 2024. "The dynamic construction of an incubation context: a practice theory perspective," Small Business Economics, Springer, vol. 62(2), pages 583-605, February.
    6. Martin Hemmert & Adam R. Cross & Ying Cheng & Jae-Jin Kim & Masahiro Kotosaka & Franz Waldenberger & Leven J. Zheng, 2022. "New venture entrepreneurship and context in East Asia: a systematic literature review," Asian Business & Management, Palgrave Macmillan, vol. 21(5), pages 831-865, November.
    7. Roberto Vaz & João Vidal de Carvalho & Sandrina Francisca Teixeira, 2022. "Towards a Unified Virtual Business Incubator Model: A Systematic Literature Review and Bibliometric Analysis," Sustainability, MDPI, vol. 14(20), pages 1-21, October.

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    More about this item

    Keywords

    Business incubator; Incubator strategy; Business model; Venture tenants; China; TBI;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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