Technology Business Incubation: An overview of the state of knowledge

Sarfraz Mian, Wadid Lamine and Alain Fayolle
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Sarfraz Mian: SUNY - State University of New York
Wadid Lamine: TBS - Toulouse Business School
Alain Fayolle: EM - EMLyon Business School

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Abstract: This paper introduces Technology Business Incubation (TBI) as a field of study and practice, exploring the concept, its evolution, and scholarship. Science parks, incubators and accelerators are TBI mechanisms considered to be important policy tools for supporting innovation and technology-oriented entrepreneurial growth. Their popularity is premised on the belief that these mechanisms provide critical value-added inputs essential for the creation and development of innovative Technology-Based Firms (TBFs). However, determining what type of TBI mechanisms and policies are most conducive to achieving the desired results is very much mission-driven and context-specific. A review of the past three decades of incubation literature, emerging practice, and future trends reveals that despite ongoing debate about their contribution and challenges, the future of TBIs is promising, and there are rich opportunities for research.

Keywords: Technology Business Incubation (TBI)Incubation/incubator mechanismScience/research parkAcceleratorTechnology-Based Firm (TBF); Technology Business Incubation (TBI); Incubation/incubator mechanism; Science/research park; Accelerator; Technology-Based Firm (TBF) (search for similar items in EconPapers)
Date: 2016-04-01
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Citations: View citations in EconPapers (99)

Published in Technovation, 2016, 50-51, 1-12 p. ⟨10.1016/j.technovation.2016.02.005⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02313371

DOI: 10.1016/j.technovation.2016.02.005

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