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Evaluation Without Bias: A Methodological Perspective On Performance Measures For Business Incubators

Author

Listed:
  • Shaoming CHENG

    (Florida International University)

  • Peter V. SCHAEFFER

    (West Virginia University)

Abstract

Business growth and formation are fundamental drivers of job crea-tion and economic growth. Business incubators provide a nurturing environment, through an array of business support resources and services, where entrepre-neurs, start-ups, and small businesses can commercially validate and transform their ideas and concepts into viable and tangible products and services. Despite growing attention to evaluate the performance and impact of business incuba-tors, the existing literature continues to suffer from methodological, theoretical, and empirical limitations. In particular, existing performance measures have inherent biases that lead them to underestimate the role of business incubators in entrepreneurship and economic development in economically distressed are-as, which typically face disadvantageous local economic conditions. The pur-pose of this paper is to explain the need for better performance measures and the difficulties in creating them.

Suggested Citation

  • Shaoming CHENG & Peter V. SCHAEFFER, 2011. "Evaluation Without Bias: A Methodological Perspective On Performance Measures For Business Incubators," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 33, pages 211-225.
    • Handle: RePEc:tou:journl:v:33:y:2011:p:211-225
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    File URL: https://regionetdeveloppement.univ-tln.fr/wp-content/uploads/Cheng.pdf
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    Citations

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    Cited by:

    1. Muhammad Binsawad & Osama Sohaib & Igor Hawryszkiewycz, 2019. "Factors Impacting Technology Business Incubator Performance," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(01), pages 1-30, January.
    2. José Ignacio Rivero, 2015. "Impact of Incubation on Innovative Firms," Documentos de Trabajo (working papers) 0315, Department of Economics - dECON.
    3. Christian Sandström & Karl Wennberg & Martin W. Wallin & Yulia Zherlygina, 2018. "Public policy for academic entrepreneurship initiatives: a review and critical discussion," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1232-1256, October.
    4. Giuseppe EMPOL & Gianita BLEOJU & Rozalia NISTOR, 2021. "Selection Mechanisms Adopted by Business Incubators: A Cross-Cultural Analysis Romania vs. Italy," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 22(4), pages 488-498, October.

    More about this item

    Keywords

    ECONOMICALLY DISTRESSED AREAS; BUSINESS START-UPS; BUSINESS INCUBATORS;
    All these keywords.

    JEL classification:

    • H8 - Public Economics - - Miscellaneous Issues
    • L3 - Industrial Organization - - Nonprofit Organizations and Public Enterprise
    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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