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Understanding Management Practices in Business Incubators: Empirical Evidence of the Factors Impacting the Incubation Process

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  • Vincent Blok

    (Management Studies Group, School of Social Sciences, Wageningen University, The Netherlands)

  • Sander Thijssen

    (Management Studies Group, School of Social Sciences, Wageningen University, The Netherlands)

  • Stefano Pascucci

    (Management Studies Group, School of Social Sciences, Wageningen University, The Netherlands)

Abstract

Following the call for process-oriented research on business incubation processes, this paper investigates the process of business incubation (BI) via an understanding of management practices and interactions. Based on a comprehensive literature review and empirical evidence of management practices in business incubators (N=16) dealing with new technology-based firms (NTBFs), we develop a conceptual model of factors having an impact on the incubation process of NTBFs, including propositions that can be tested in future research. Our results show that a combination of six management practices enables BI managers to accelerate the learning curve of entrepreneurs and the start-up process of their firms. Our results help to theorize about the factors having an impact on the incubation process of NTBFs and the dynamics behind the incubation process, and will enable BI managers to develop practices that really help entrepreneurs in the development of their NTBF.

Suggested Citation

  • Vincent Blok & Sander Thijssen & Stefano Pascucci, 2017. "Understanding Management Practices in Business Incubators: Empirical Evidence of the Factors Impacting the Incubation Process," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 14(04), pages 1-23, August.
    • Handle: RePEc:wsi:ijitmx:v:14:y:2017:i:04:n:s0219877017500237
    DOI: 10.1142/S0219877017500237
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    References listed on IDEAS

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    Cited by:

    1. Sohail, Kanza & Belitski, Maksim & Castro Christiansen, Liza, 2023. "Developing business incubation process frameworks: A systematic literature review," Journal of Business Research, Elsevier, vol. 162(C).

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