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Incubators, Accelerators and Regional Economic Development

Margarida Madaleno, Max Nathan (), Henry Overman () and Sevrin Waights ()

CEP Discussion Papers from Centre for Economic Performance, LSE

Abstract: A growing wave of co-location programmes promises to boost growth for young firms. Despite great public and policy interest we have little idea whether such programmes are effective. This paper categorises accelerators and incubators within a larger family of 'co-location' interventions. We then develop a single framework to theorise workspace-level impacts. We summarise available evaluation evidence and sketch implications for regional economic policy. We find clear evidence programmes are effective overall. But we know little about how effects operate - or who benefits. Providers and policymakers should experiment further to establish optimal designs.

Keywords: incubators; accelerators; entrepreneurship; clusters; cities; economic development (search for similar items in EconPapers)
JEL-codes: L26 O32 R30 R58 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ent, nep-geo, nep-sbm and nep-ure
Date: 2018-09
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Working Paper: Incubators, accelerators and regional economic development (2018) Downloads
Working Paper: Incubators, Accelerators and Regional Economic Development (2018) Downloads
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