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

Joanne L. Scillitoe () and Alok K. Chakrabarti ()
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Joanne L. Scillitoe: Michigan Technological University, School of Business and Economics, USA
Alok K. Chakrabarti: Department of Industrial Management, Tampere University of Technology, Finland

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2009, vol. 10, issue 3, 468-482

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.

Keywords: incubators; new technology-based ventures; entrepreneurship; innovation. (search for similar items in EconPapers)
JEL-codes: M13 O31 O33 (search for similar items in EconPapers)
Date: 2009
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