Business incubators in China: an inquiry into the variables associated with incubatee success

Haiyang Zhang and Tetsushi Sonobe

No 2010-25, Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: This paper examines the association between the outcome of business incubation and the resources used by incubators, by using a small panel of science and technology business incubators (STBIs) in China. We find that while the number of firms graduating from an STBI is closely correlated with the infrastructure as well as the human and financial resources at the STBI's disposal, the graduates' firm sizes, in terms of employment and value added, as well as their labor productivity are unrelated to such resource inputs. We also find that the educational levels of incubator managers and the financial support given to their clients have significant impacts on the number of graduates. However, the number of graduates does not increase with the scale and diversity of the cities in which their STBIs are located or with the presence of foreign ventures and universities in the locality. We do not find that university-based and government-established STBIs differ significantly in their incubation performance.

Keywords: business incubators; new firms; market failures; government policy; human resources; China (search for similar items in EconPapers)
JEL-codes: M13 O31 O32 O38 (search for similar items in EconPapers)
Date: 2010
New Economics Papers: this item is included in nep-cse, nep-ent, nep-sbm and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.economics-ejournal.org/economics/discussionpapers/2010-25
https://www.econstor.eu/bitstream/10419/41597/1/639452280.pdf (application/pdf)

Related works:
Journal Article: Business incubators in China: An inquiry into the variables associated with incubatee success (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwedp:201025

Access Statistics for this paper

More papers in Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().