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How to Develop a Corporate Incubator? Lessons Learned from a Multinational

Author

Listed:
  • Wesley Canedo Souza

    (Technology Center for Quality and Innovation, Digital Metropolis Institute, Federal University of Rio Grande do Norte, Av. Cap. Mor Gouveia, 3000 – Lagoa Nova., Natal, Rio Grande do Norte, 59078-900, Brasil)

  • Raoni Barros Bagno

    (Technology Center for Quality and Innovation, Production Engineering Department, Federal University of Minas Gerais, Av. Pres. Antônio Carlos, 6627 – Pampulha., Belo Horizonte, Minas Gerais, 31.270-901, Brasil)

  • Matheus Luiz Pontelo de Souza

    (Research Group of Technological Entrepreneurship and Innovation (GETI), Department of Production Engineering, Pontifical Catholic University of Minas Gerais, Av. Dom José Gaspar, 500 – Coração Eucarístico, Belo Horizonte, Minas Gerais, 30535-901. Brasil)

  • Rodrigo Ribeiro

    (Centre for Social Studies of Work, Technology and Expertise., Production Engineering Department, Federal University of Minas Gerais, Av. Pres. Antônio Carlos, 6627 – Pampulha., Belo Horizonte, Minas Gerais, 31.270-901, Brasil)

  • Leonel Del Rey de Melo Filho

    (Research Group of Technological Entrepreneurship and Innovation (GETI), Department of Production Engineering, Pontifical Catholic University of Minas Gerais, Av. Dom José Gaspar, 500 – Coração Eucarístico, Belo Horizonte, Minas Gerais, 30535-901. Brasil)

Abstract

Multinationals are showing a growing interest in developing corporate incubation programs. However, only a few papers analyzed this emerging topic. We conducted a study at a Brazilian multinational steel company subsidiary, aiming to elucidate the process of designing a corporate incubator through a three-phase Action Research program that spanned 12 months. As a result of this study, we offer (i) a sequential and evolutionary framework for implementing corporate incubators; (ii) an information management tool that captures and utilizes data for decision-making during venture development; and (iii) an uncertainty-based evaluation tool for venture evolution.

Suggested Citation

  • Wesley Canedo Souza & Raoni Barros Bagno & Matheus Luiz Pontelo de Souza & Rodrigo Ribeiro & Leonel Del Rey de Melo Filho, 2024. "How to Develop a Corporate Incubator? Lessons Learned from a Multinational," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 21(02), pages 1-29, April.
    • Handle: RePEc:wsi:ijitmx:v:21:y:2024:i:02:n:s0219877024500147
    DOI: 10.1142/S0219877024500147
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