A Novel Approach to Incubator Evaluations: The PROMETHEE Outranking Procedures
Michael Schwartz and
Maximilian Göthner ()
No 1/2009, IWH Discussion Papers from Halle Institute for Economic Research (IWH)
Considerable public resources are devoted to the establishment and operation of business incubators (BIs), which are seen as catalysts for the promotion of entrepreneurship, innovation activities and regional development. Despite the vast amount of research that has focused on the outcomes or effectiveness of incubator initiatives and how to measure incubator performance, there is still little understanding of how to determine incubators that are more effective than others. Based on data from 410 graduate firms, this paper applies the multicriteria outranking technique PROMETHEE (Preference Ranking Organization Method for Enrichment Evaluation) and compares the longterm effectiveness of five technologyoriented BIs in Germany. This is the first time that outranking procedures are used in incubator evaluations. In particular, we investigate whether PROMETHEE is a wellsuited methodological approach for the evaluation and comparisons in the specific context of business incubation.
Keywords: Business Incubators; Evaluation; Performance Measures; PROMETHEE; Outranking; Technologiezentren; Gründerzentren; Outranking; PROMETHEE; Evaluierung; Erfolg; Effektivität (search for similar items in EconPapers)
JEL-codes: C44 D81 L26 O38 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:zbw:iwhdps:iwh-1-09
Access Statistics for this paper
More papers in IWH Discussion Papers from Halle Institute for Economic Research (IWH) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().