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A Conceptual Model of the Incubation of New Technology-Based Ventures: a Social Capital Perspective

Author

Listed:
  • Joanne L. SCILLITOE

    (Michigan Technological University, School of Business and Economics, USA)

  • Alok K. CHAKRABARTI

    (Department of Industrial Management, Tampere University of Technology, Finland)

Abstract

Technology incubators are newer organizational forms that are created to support and accelerate the development and success of affiliated ventures, particularly new technology-based ventures. Current literature regarding incubators has suggested that an understanding of the incubation process is important when seeking to understand how affiliated ventures develop and grow. However, very little is known about the incubation process, particularly the incubation of technology-based ventures. Prior literature suggests that technology-based ventures develop in terms of both business and technological development and that the incubation process varies along these dimensions. Thus, understanding the incubation of technology–based ventures must consider the differing but simultaneous dynamics of business and technological development. Drawing from the social capital, entrepreneurship, incubation, and organizational learning literature, a conceptual model of the incubation of new technology-based ventures within technology incubators is presented.

Suggested Citation

  • Joanne L. SCILLITOE & Alok K. CHAKRABARTI, 2009. "A Conceptual Model of the Incubation of New Technology-Based Ventures: a Social Capital Perspective," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(3), pages 468-482, July.
    • Handle: RePEc:rom:rmcimn:v:10:y:2009:i:3:p:468-482
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    File URL: https://www.rmci.ase.ro/no10vol3/Vol10_No3_Article7.pdf
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    Cited by:

    1. Benjamin Vedel & Ines Gabarret, 2014. "The Role of Trust as Mediator between Contract, Information and Knowledge within Business Incubators," Post-Print hal-01886222, HAL.

    More about this item

    Keywords

    incubators; new technology-based ventures; entrepreneurship; innovation.;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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