Metro and Non-Metro Business Icubators: Similarities and Critical Differences

Randall Jackson (), Peter Schaeffer and Mark Middleton ()
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Mark Middleton: Regional Research Institute, West Virginia University

Working Papers from Regional Research Institute, West Virginia University

Abstract: Business incubators often figure prominently into regional economic development and innovation strategies. This paper reports on a recent survey aimed at identifying appropriate methods for the evaluation of nonmetropolitan, rural incubator performance. The results draw upon responses from 209 of 719 active U.S. Business incubators identified through our research. Roughly one quarter of the respondents were located outside of areas classified as metropolitan. This paper focuses on critical similarities and differences between metropolitan and non-metropolitan business incubators along the dimensions of economic role, function, and effectiveness. The survey and preliminary synthesis of follow-up interviews suggests that an explicit awareness of the functional differences between business incubators in nonmetropolitan regions might enhance their potential for success.

Keywords: business incubators; economic development; rural economy (search for similar items in EconPapers)
JEL-codes: O1 O2 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2012-03
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Persistent link: https://EconPapers.repec.org/RePEc:rri:wpaper:2012wp03

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